IAS Current Affairs - Dec 04, 10:18

Solution

Correct: B

The FSDC is a non-statutory apex body constituted to address macro-prudential and financial stability issues. It aims to strengthen and institutionalize the mechanisms for maintaining financial stability and promoting inter-regulatory coordination. It's not a statutory body, doesn't regulate all financial institutions, and isn't an advisory body to the RBI on monetary policy.

Solution

Correct: B

The Global Hunger Index (GHI) is jointly published by Concern Worldwide and Welthungerhilfe, not exclusively IFPRI (though IFPRI contributed in the past). Child stunting is indeed a component used in calculating the GHI. India's GHI rank has generally worsened in recent years, not improved.

Solution

Correct: C

CITES (Convention on International Trade in Endangered Species of Wild Fauna and Flora) is the primary international agreement specifically focused on regulating and preventing illegal wildlife trade. The other options relate to climate change (Kyoto and Montreal) and wetlands (Ramsar).

Solution

Correct: B

Greenwashing refers to the practice of making false or exaggerated claims about the environmental benefits of a product, service, or company to appear more environmentally responsible than it actually is.

Solution

Correct: A

The Deep Ocean Mission aims to explore and sustainably utilize ocean resources, including developing technologies for deep-sea mining. However, it is NOT solely focused on mineral resources. It also includes biodiversity studies and other aspects of ocean exploration and conservation.

Solution

Correct: D

The Pradhan Mantri Jan Dhan Yojana (PMJDY) provides access to banking services. Atal Pension Yojana (APY) focuses on providing pension benefits. Pradhan Mantri Mudra Yojana (PMMY) provides loans to small businesses. The National Skill Development Mission (NSDM) focuses on skill development, not direct financial inclusion, although it indirectly contributes by increasing employability.

Solution

Correct: B

SDG Localization refers to the process of adapting and implementing the SDGs at the sub-national and local levels, taking into account local contexts, priorities, and capacities. It ensures that the global goals are translated into meaningful action on the ground.

Solution

Correct: B

'Operation Dost' was launched by India in 2023 to provide humanitarian assistance and disaster relief to Turkey and Syria following devastating earthquakes.

Solution

Correct: B

Russia suspended its participation in the Black Sea Grain Initiative. The agreement was designed to allow the safe passage of grain exports from Ukraine through the Black Sea.

Solution

Correct: B

The G20 does NOT have a permanent secretariat. The G20 represents approximately 80% of the world's GDP, and the presidency rotates annually among its member countries. Therefore, only statements 2 and 3 are correct.

Solution

Correct: B

Basel III norms are a set of international banking regulations developed to improve the regulation, supervision, and risk management within the banking sector.

Solution

Correct: B

The Digital India programme aims to transform India into a digitally empowered society and knowledge economy. It encompasses various initiatives to improve digital infrastructure, digital literacy, and online services.

Solution

Correct: D

Zero Hunger, Quality Education, and Affordable and Clean Energy are all Sustainable Development Goals (SDGs). Universal Basic Income, while a relevant socio-economic concept, is not one of the officially defined SDGs.

Solution

Correct: B

INS Vikrant is India's first indigenously built aircraft carrier.

Solution

Correct: A

The New START treaty is an arms control agreement between the United States and Russia, limiting strategic nuclear warheads.

Solution

Correct: B

The Malimath Committee was constituted to examine and recommend reforms in India's criminal justice system.

Solution

Correct: B

The Global Biofuel Alliance was launched during India's presidency of the G20.

Solution

Correct: B

The International Monetary Fund (IMF) publishes the 'World Economic Outlook' report, providing analysis and forecasts of global economic developments.

Solution

Correct: A

The PM-eBus Sewa scheme aims to promote the deployment of electric buses in cities across India to enhance urban transportation and reduce pollution.

Solution

Correct: A

Indonesia is the chair of ASEAN for the year 2023.