Current Affairs Quiz 13 January 2021 | Current Affairs for SSC, IBPS, Railway, UPSC Exams

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1 Which of the following statements is/are correct with reference to the Management Effectiveness Evaluation (MEE) of National Park and Wildlife Sanctuaries?
A At present, India has a network of 903 Protected Areas in the country covering about 5% of the total geographic area of the country.
B Management Effectiveness Evaluation (MEE) of Protected Areas (PAs) being used by governments and international bodies to understand the strengths and weaknesses of the protected area management systems.
C Both A & B
D None of these

Answer:Both A & B

Explanation:

Ministry for Environment, Forest and Climate Change released Management Effectiveness Evaluation (MEE) of 146 National Park and Wildlife Sanctuaries in the Country. At present, India has a network of 903 Protected Areas in the country covering about 5% of the total geographic area of the country. Management Effectiveness Evaluation (MEE) of Protected Areas (PAs) has emerged as a key tool for PA managers and is increasingly being used by governments and international bodies to understand the strengths and weaknesses of the protected area management systems.
2 Which of the following statements is/are correct with reference to the Single Window Clearance Portal?
A It is a unified platform that facilitates grant of clearances and approvals required for starting a coal mine in India.
B Presently, about 19 major approval or clearances are required to be obtained before starting a coal mine in the country.
C Both A & B
D None of these

Answer: Both A & B

Explanation:

The Union government has announced a new online single window clearance portal for the coal sector to speed up the operationalisation of coal mines. The announcement was made alongside the signing ceremony for the first tranche of coal blocks to be auctioned for commercial use. Single Window Clearance Portal is in the spirit of Minimum Government and Maximum Governance. It would be a milestone for Ease of Doing Business in the Indian Coal Sector. Presently, about 19 major approval or clearances are required to be obtained before starting a coal mine in the country.
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3 Which of the following statements is/are correct with reference to the Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA)?
A It is a measure of profits.
B It ignores the quality of a company's earnings and can make it look cheaper than it really is.
C Both A & B
D None of these

Answer:Both A & B

Explanation:

State-owned telecom companies BSNL and MTNL turned EBITDA positive in the first half of financial year 2020-21, demonstrating a marked improvement in performance within a year of approval of their revival plan. EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a metric used to evaluate a company’s overall financial performance. EBITDA is a measure of profits. EBITDA also ignores the quality of a company's earnings and can make it look cheaper than it really is.
4 Which of the following statements is/are correct with reference to the ‘Sea Vigil-21’?
A It will involve all the 13 coastal States and Union Territories along with other maritime stakeholders, including the fishing and coastal communities.
B The exercise is a build up towards the major Theatre level exercise TROPEX [Theatre-level Readiness Operational Exercise] which Indian Navy conducts every two years.
C Both A & B
D None of these

Answer: Both A & B

Explanation:

The second edition of the biennial pan-India coastal defence exercise ‘Sea Vigil-21’ will be conducted on 12-13 January 2021. It will involve all the 13 coastal States and Union Territories along with other maritime stakeholders, including the fishing and coastal communities. The exercise is a build up towards the major Theatre level exercise TROPEX [Theatre-level Readiness Operational Exercise] which Indian Navy conducts every two years.
5 Which of the following statements is/are correct with reference to the North East Venture Fund (NEVF)?
A It the first and the only Venture Fund for Northeast with an initial corpus of Rs. 1000 crores.
B The investment size with the Venture Fund Scheme ranges between Rs.25 lakhs and Rs. 10 crores with a long term horizon of five to ten years.
C Both A & B
D None of these

Answer: The investment size with the Venture Fund Scheme ranges between Rs.25 lakhs and Rs. 10 crores with a long term horizon of five to ten years.

Explanation:

The North East Venture Fund (NEVF), which is the first and the only dedicated Venture Fund for the North Eastern Region and was introduced by the Modi government, is gaining popularity among Start-Ups and young entrepreneurs. It the first and the only Venture Fund for Northeast with an initial corpus of Rs. 100 crores. The investment size with the Venture Fund Scheme ranges between Rs.25 lakhs and Rs. 10 crores with a long term horizon of five to ten years.
7 Who was Turlapati Kutumba Rao, recently seen in news?
A Journalist
B Scientist
C Athlete
D Hindi Film artist

Answer:Journalist

Explanation:

Veteran journalist, writer and Padma Shri awardee Turlapati Kutumba Rao passed away at the age of 89 years. He is reported to have written over 4000 biographies and delivered over 16000 public speeches which has been recorded by the Telugu Book of Records as a world record.
7 Which of the following statements is/are correct with reference to the Management Effectiveness Evaluation of Indian Zoos (MEE-ZOO) framework?
A Centre for Science and Environment recently launched the Management Effectiveness Evaluation of Indian Zoos (MEE-ZOO) framework.
B The assessment criteria and indicators look beyond the traditional concepts, include issues of animal welfare, husbandry and sustainability of resources and finance.
C Both A & B
D None of these

Answer: The assessment criteria and indicators look beyond the traditional concepts, include issues of animal welfare, husbandry and sustainability of resources and finance.

Explanation:

The Union Environment Minister launched the Management Effectiveness Evaluation of Indian Zoos (MEE-ZOO) framework. The assessment criteria and indicators look beyond the traditional concepts, include issues of animal welfare, husbandry and sustainability of resources and finance.
8 SAATHEE (State-wise Actions on Annual Targets and Headways on Energy Efficiency) was recently developed by
A Energy Efficiency Service Limited
B Bureau of Energy Efficiency (BEE)
C Agency for Non-Conventional Energy and Rural Technology (ANERT)
D None of these

Answer:Bureau of Energy Efficiency (BEE)

Explanation:

Ministry of Power, in association with the Bureau of Energy Efficiency (BEE), organized the 30th National Energy Conservation Awards (NECA) function. SAATHEE (State-wise Actions on Annual Targets and Headways on Energy Efficiency) – A portal for State Designated Agency for state level activities was also launched.
9 What is Parler, recently seen in news?
A A ceramic membranes for treatment of water contaminated with heavy metals.
B A hormone which tells the body to make more red blood cells to carry more oxygen around.
C A raw material used to make various man-made fabrics.
D An American alt-tech microblogging and social networking service.

Answer: An American alt-tech microblogging and social networking service.

Explanation:

Apple, Amazon and Google have suspended the social network called Parler, saying that the platform has not taken enough measures to make sure that content inciting violence remains in check. Parler is an American alt-tech microblogging and social networking service.
10 Which of the following statements is/are correct with reference to the “Khadi Prakritik Paint”?
A It is a first-of-its-kind product, with anti-fungal, anti-bacterial properties.
B It is based on cow dung as its main ingredient.
C Both A & B
D None of these

Answer: Both A & B

Explanation:

Union Minister for Road Transport & Highways and MSME, Nitin Gadkari launched a new innovative wall paint developed by Khadi and Village Industries Commission at his residence. The eco-friendly, non-toxic paint, called “Khadi Prakritik Paint” is a first-of-its-kind product, with anti-fungal, anti-bacterial properties.
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