0 UPSC ENGLISH QUIZ 08.01.2024 Daily Quiz 1 / 5 Q1. Consider the following statements: Steel Sector has witnessed tremendous growth and India has emerged as a global force in steel production and the 2nd largest producer of steel in the world after China. India’s steel output has been 225.32 million tonnes (MT) of crude steel and 121.29 MT of finished steel production in FY23. Which of the above statement/statements are correct? 1 only 2 only Both 1 and 2 Neither 1 nor 2 Explanation: Over the years, the Steel Sector has witnessed tremendous growth and India has emerged as a global force in steel production and the 2nd largest producer of steel in the world after China. State of Steel Sector in India Present Scenario India’s steel output has been 125.32 million tonnes (MT) of crude steel and 121.29 MT of finished steel production in FY23. Significance Steel is one of the widely used materials all over the world. The iron and steel industry is the bottom line producer industry. The steel industry plays a pivotal role in crucial sectors such as construction, infrastructure, automobile, engineering, and defense. Steel is a key sector for the Indian economy (responsible for 2% of the country’s GDP in FY 21-22). 2 / 5 Q2. Which of the following statements is correct about the Inoperative Accounts and Unclaimed Deposits: An account with no 'customer-induced transactions' for over two years is deemed inoperative. Around Rs 1-2.30 lakh crore is estimated to be lying in inoperative bank accounts. Balances in savings/current accounts inactive for 10 years or term deposits unclaimed after 10 years from maturity are considered unclaimed deposits. 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: Reserve Bank of India (RBI) has recently revised guidelines regarding inoperative accounts and unclaimed deposits, aiming to streamline the classification and activation processes.The revised instructions apply to all Commercial Banks and all Cooperative Banks and will come into effect from 1st April 2024. Inoperative Accounts and Unclaimed Deposits Inoperative Account An account with no 'customer-induced transactions' for over two years is deemed inoperative. A customer-induced transaction can be a financial transaction initiated by or done at the behest of the account holder by the bank or third party, a non-financial transaction, or a KYC (know your customer) updation done in face-to-face physical mode or through digital channels such as internet banking or mobile banking application of the bank. Around Rs 1-1.30 lakh crore is estimated to be lying in inoperative bank accounts. Unclaimed Deposits Balances in savings/current accounts inactive for 10 years or term deposits unclaimed after 10 years from maturity are considered unclaimed deposits. As of March 2023, around Rs 42,270 crore remains unclaimed in banks. 3 / 5 Q3. Which of the following statements is correct about the Bharatmala Pariyojana Phase-I : Government has extended the deadline for completion of the flagship highway development project Bharatmala Pariyojana Phase-I to 2027-29. The move follows an over 70% increase in the estimated cost of the mega project and reflects the slowing of implementation, and financial constraints. Which of the above statement/statements are correct? 1 only 2 only Both 1 and 2 Neither 1 nor 2 Explanation: Government has extended the deadline for completion of the flagship highway development project Bharatmala Pariyojana Phase-I to 2027-28. The move follows an over 100% increase in the estimated cost of the mega project and reflects the slowing of implementation, and financial constraints. Bharatmala Pariyojana Bharatmala Pariyojana is an umbrella programme launched under the Ministry of Road Transport and Highways. The first-phase of Bharatmala was announced in 2017 and was to be completed by 2022. Sailent Features Bharatmala focuses on enhanced effectiveness of already built infrastructure, multi-modal integration, bridging infrastructure gaps for seamless movement and integrating National and Economic Corridors. 4 / 5 Q4. Which of the following statements is correct about the National Sickle Cell Anaemia Elimination Mission: 1 crore people have been screened for Sickle Cell Disease (SCD) under the National Sickle Cell Anaemia Elimination Mission. The National Sickle Cell Anemia Elimination Mission launched in 2023, aims to eliminate sickle cell anemia from India by 2057. SCD is a group of inherited red blood cell (RBC) disorders. RBCs contain hemoglobin 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: 1 crore people have been screened for Sickle Cell Disease (SCD) under the National Sickle Cell Anaemia Elimination Mission. The National Sickle Cell Anemia Elimination Mission launched in 2023, aims to eliminate sickle cell anemia from India by 2047. Sickle Cell Disease SCD is a group of inherited red blood cell (RBC) disorders. RBCs contain hemoglobin, a protein that carries oxygen and healthy RBCs are round. In SCD, the hemoglobin is abnormal, which causes the RBCs to become hard and sticky and look like a C-shaped farm tool called a “sickle. 5 / 5 Q5. Consider the following statements: India has submitted three nominations for recognition as international wetland cities: Indore, Bhopal, and Udaipur under the Ramsar Convention on Wetlands. During COP12 held in the year 2013, the Ramsar Convention approved a voluntary Wetland City Accreditation System. Which of the above statement/statements are correct? 1 only 2 only Both 1 and 2 Neither 1 nor 2 Explanation: India has submitted three nominations for recognition as international wetland cities: Indore, Bhopal, and Udaipur under the Ramsar Convention on Wetlands. These are the first three Indian cities for which nominations have been submitted for Wetland City recognition. The nominations have been submitted based on proposals received from state wetland authorities in collaboration with municipalities. During COP12 held in the year 2015, the Ramsar Convention approved a voluntary Wetland City Accreditation System. The Wetland City Accreditation Scheme aims to promote the conservation and wise use of urban and peri-urban wetlands and sustainable socio-economic benefits for the local population. It will also provide an opportunity to gain international recognition for cities that value their natural or man-made wetlands. Wetlands located in and around these cities provide a host of benefits to their citizens in terms of flood regulation, livelihood opportunities, and recreational and cultural values. Sirpur Wetland (Ramsar site in Indore), Yashwant Sagar (Ramsar site near Indore), Bhoj Wetland (Ramsar site in Bhopal), and many wetlands (lakes) are the lifeline for these cities. Udaipur is surrounded by five major wetlands, namely, Pichola, Fateh Sagar, Rang Sagar, Swaroop Sagar, and Doodh Talai. Your score is LinkedIn Facebook Twitter VKontakte Post navigation SEBI approved the appointment of Pramod Agrawal as BSE Chairman Rear Admiral Upal Kundu has taken charge as Chief of Staff, Southern Naval Command
