Daily Quiz 26th July 2024

Answer: D

Explanation:

• Statement 1 is incorrect:The virus was first discovered in 1965, and was named after Chandipura village of Maharashtra. The virus is said to belong to the Rhabdoviridae family, which likewise includes other viruses like the lyssavirus that causes rabies. The infection primarily impacts people, especially kids, and has been detected during sporadic outbreaks in different parts of India and different nations in Asia and Africa.  In India, the infection has been primarily seen in the central India(Gujarat and Maharashtra).

• Statement 2 is incorrect:Some vector species like Phlebotomine sandflies and Phlebotomuspapatasi, and few mosquito species, for example, Aedes aegypti, which is a vector for dengue, are said to be the vectors of Chandipura. The virus is accompanied by the unexpected beginning of flu-like symptoms, including high fever, seizures, diarrhoea, vomiting, convulsions, and altered sensorium. In extreme cases, the viral infection can prompt coma and death.
• Statement 3 is correct: As of now, there is no antiretroviral treatment or vaccine accessible for treatment. Thus, it is critical to manage brain inflammation to prevent death. Supportive care continues to be the primary approach, focusing on treating symptoms and preventing difficulties.

Answer: D

Explanation:

Statements 1,2 and 3arecorrect:The U-WIN portal, a replication of the Covid-19 vaccine management system Co-WIN, is set for a pan-India launch likely by the end of August, aiming to maintain an electronic registry of routine immunisations. U-WIN platform captures each & every vaccination event of all pregnant women & children under Universal Immunization Programme (UIP). The platform generates a uniform QR-based, digitally verifiable e-vaccination certificate, similar to Covid vaccination certificate, which can be accessed anytime by the citizens through a single click. It will enable the digitisation of session planning, and updating vaccination status on a real-time basis. is going to be the single source of information for immunisation services which will record pregnancy details and outcome, newborn registration and immunisation at birth. It will update vaccination status, and delivery outcome, among others, on real time.

Answer: C

Explanation: The International Monetary Fund (IMF) recently raised its projection of growth in India’s gross domestic product (GDP) for 2024-25 by 20 basis points to 7 per cent amid a boost in private consumption.

• Option (c) is correct:The International Monetary Fund is a major financial agency of the United Nations, and an international financial institution funded by 190 member countries.The lending instruments of the IMF are:
• The Rapid Financing Instrument (RFI) provides prompt financial assistance to any IMF member country facing an urgent balance of payments need.
• The Extended Credit Facility (ECF) provides medium-term financial assistance to low-income countries (LICs) with protracted balance of payments problems. The ECF is one of the facilities under the Poverty Reduction and Growth Trust (PRGT).
• The Stand-by Credit Facility (SCF) provides financial assistance to low-income countries (LICs) with short-term balance of payments needs. The SCF is one of the facilities under the Poverty Reduction and Growth Trust (PRGT).

To address this growing demand of programs that help deliver sustainable results and build institutions,  the World Bank developed the Program-for-Results (PforR) financing instrument. PforR’s unique features include using a country’s own institutions and processes, and linking disbursement of funds directly to the achievement of specific program results.

Answer: D

Explanation: The Securities and Exchange Board of India (SEBI) has proposed a new asset class designed to bridge the gap between mutual funds and portfolio management services (PMS).The minimum investment requirement for this new asset class is Rs 10 lakh per investor.

• Statement 1 is correct: The Securities and Exchange Board of India was constituted as a non-statutory body on April 12, 1988 through a resolution of the Government of India. The Securities and Exchange Board of India was established as a statutory body in the year 1992 and the provisions of the Securities and Exchange Board of India Act, 1992 (15 of 1992) came into force on January 30, 1992.
• Statement 2 is correct: SEBI has several powers and functions aimed at ensuring investor protection, maintaining market integrity, and promoting the development of the securities market. SEBI has quasi judicial powers as in instances involving fraud and unethical practices within the securities market, SEBI possesses the authority to render judgements. It has quasi-executive powers to protect the interest of investors, and has been entrusted with the power to formulate suitable rules and regulations.

Statement 3 is correct:The Securities and Exchange Board of India (SEBI) possesses the authority to examine the Book of Accounts and other vital documents. This enables SEBI to identify or gather evidence related to violations within the securities market. It has full power and right to check the account and books of stock exchanges working in India. Stock exchanges are required to show their book of account to SEBI whenever required by it. It aims at bringing transparency in trading activities to protect its investor’s interest. A book of accounts is a record of financial transactions and operations for a company

Answer: D

Explanation:

• Pair 1 is incorrectly matched:The MashcoPiro tribe, long secluded in the depths of the Peruvian Amazon forest,(Peru) recently emerged from their isolated habitat for the first time. It has been noted that the MashcoPiro has had very few interactions outside its community, and most of these interactions have been violent. The tribe’s emergence is believed to be driven by the need for food and a safer place to stay near the remote villages of Monte Salvado.
• Pair 2 is incorrectly matched:The Hamar people(also spelled Hamer) are a community inhabiting southwestern  The Hamar people, also known as the ‘Hamer’ or ‘Hamar-Banna’, are one of the many indigenous tribes residing in the Lower Omo Valley region. Their population is estimated to be around 50,000 individuals. The concept of “bull jumping” holds great significance within their society. This coming-of-age ceremony marks the transition of young men into adulthood and symbolizes their readiness for marriage.

Pair 3 is incorrectly matched: The Maasai are a Nilotic ethnic group inhabiting northern, central and southern Kenya and northern Tanzania, near the African Great Lakes region. They are a nomadic and pastoralist ethnic group in Kenya and Tanzania.