0 UPSC ENGLISH QUIZ 3.10.2023 Daily Quiz 1 / 5 Q1. Consider the following statements: Reserve Bank of India has announced that strict monitoring norms under the Prompt Corrective Action format will be applicable to government-owned non-banking financial companies from October 2024. This action will be based on the audited financial position of these NBFCs on or after March 31, 2025. Which of the above statement/statements are correct? 1 only 2 only Both 1 and 2 Neither 1 nor 2 Explanation: Reserve Bank of India (RBI) has announced that strict monitoring norms under the Prompt Corrective Action (PCA) format will be applicable to government-owned non-banking financial companies (NBFCs) from October 2024. There are restrictions on distributing dividends/repatriating profits, investing or selling equity to promoters/shareholders and giving guarantees or taking on other contingent liabilities on behalf of group companies. Main point This action will be based on the audited financial position of these NBFCs on or after March 31, 2024. The PCA framework is intended to enable timely supervisory intervention and require the supervised entity to initiate and implement timely remedial measures to improve its financial position. The PCA framework is also intended to serve as a tool for effective market discipline. The PCA framework does not prevent the Reserve Bank of India from taking any action it deems appropriate in addition to the corrective actions prescribed in the framework. The PCA framework for NBFCs came into effect from October 1, 2022, depending on the financial position of the NBFC as on March 31, 2022 and thereafter. 2 / 5 Q2. Consider the following statements: Second edition of the Global Amphibian Assessment was assessed by the Wildlife Trust of India, coordinated by the Amphibian Specialist Group of the IUCN Species Survival Commission. These are the endemic creatures of the Western Ghats. Of the 44 species of frogs belonging to the genus Micrixalus, two were found to be critically endangered and 15 were found to be endangered.The Initiative was launched at the 27th ICRI General Meeting, 2023. Which of the statements given above is/are correct? 1 and 2 are correct 1 and 3 are correct 2 and 3 are correct All of the above Explanation: Wildlife Trust of India has assessed the 2nd edition of the Global Amphibian Assessment coordinated by the Amphibian Specialist Group of the IUCN Species Survival Commission, which shows that the Dancing Frogs that are endemic to the Western Ghats are the most threatened amphibian genus of India. Of the 24 species of the frogs belonging to the Micrixalus genus that were assessed, two were found to be critically endangered and 15 were endangered. This makes them the most threatened of all Indo-Malayan genera.It is also the fifth most threatened genus in the world with 92% of its species in the threatened category. 3 / 5 Q3. Consider the following statements: Ministry of Women and Child Development, in coordination with 28 ministries with inputs from the Union Health Ministry, has drafted the National Protocol. Women and Child Development Minister Smriti Irani launched the new National Community Management Program in New Delhi on 10 October 2023 to tackle the problem of malnutrition among children. Which of the above statement/statements are correct? 1 only 2 only Both 1 and 2 Neither 1 nor 2 Explanation: Ministry of Women and Child Development, in coordination with 18 ministries with inputs from the Union Health Ministry, has drafted the National Protocol, which provides detailed measures for identification and management of malnourished children. Key points Women and Child Development Minister Smriti Irani launched the new National Community Management Program in New Delhi on 10 October 2023 to tackle the problem of malnutrition among children. This protocol has been implemented by the Union Ministry of Women and Child Development (WCD) in collaboration with the Ministry of Health and Family Welfare and the Ministry of AYUSH. This protocol is a comprehensive guide to identify malnourished children in the country and provide them comprehensive care. This protocol defines in detail the broad criteria on identification of children suffering from severe acute malnutrition (SAM), the processes required for healthy weight gain and even the dietary requirements for different levels of malnutrition in children. 4 / 5 Q4. Consider the following statements: International Day of the Girl is celebrated every year on 11 October, by the United Nations General Assembly. The purpose of this day is to focus on the importance of "promoting girls' education, their rights and gender equality". The day urges global communities to make changes that can empower girls. Which of the statements given above is/are correct? 1 and 2 are correct 1 and 3 are correct 2 and 3 are correct All of the above Explanation: International Day of the Girl is celebrated every year on 11 October, by the United Nations General Assembly. The purpose of this day is to focus on the importance of "promoting girls' education, their rights and gender equality". The day urges global communities to make changes that can empower girls. Key points Women are breaking the boundaries and barriers set up by stereotypes, but many women continue to suffer in silence. From maternal health care to parenting support for teen mothers, to digital and life skills training; comprehensive sexuality education and violence prevention programs; Girls urgently need more attention and resources to enable their rights. According to UNICEF, the theme of International Day of the Girl 2023 is, "Invest in girls' rights: Our leadership, our well-being." This theme focuses on taking action to address the rights of girls and women and achieve progress on gender equality. 5 / 5 Q5. Consider the following statements: Scientists have identified a supermassive black hole residing in the Messier 87 galaxy, located about 55 million light-years away from our galaxy. This discovery not only confirms the existence of the cosmic entity but also sheds light on its spin, providing important support for Albert Einstein's theory of relativity. Which of the above statement/statements are correct? 1 only 2 only Both 1 and 2 Neither 1 nor 2 Explanation: Scientists have identified a supermassive black hole residing in the Messier 87 galaxy, located about 55 million light-years away from our galaxy. This discovery not only confirms the existence of the cosmic entity but also sheds light on its spin, providing important support for Albert Einstein's theory of relativity. Black hole Black holes are areas in space where gravity is so strong that even light cannot escape. The black hole's method of spin is known as a "smoking gun". According to Igor Chilingarian, an astronomer at the Harvard-Smithsonian Center for Astrophysics, this discovery confirms the existence of the black hole and its spin. Your score is LinkedIn Facebook Twitter VKontakte Post navigation UPSC QUIZ 12.10.2023 UPSC QUIZ 14.10.2023
