06 MAY CURRENT AFFAIRS (MCQ)

Q1. Darbar Move, sometimes in news, is related with

a) Kerala

b) Tamil Nadu

c) Jammu & Kashmir

d) West Bengal

Solution: c)

Explanation:

Darbar Move

Recently, for the first time in 144 years, the Jammu & Kashmir (J&K) administration has decided to halt the bi-annual shifting of the capital, called ‘Durbar move’ due to the ongoing Covid-19 crisis.

Key Points

● From May to October, governmental offices are housed in the summer capital of J&K, Srinagar, and the other six months in its winter capital, Jammu.

● Durbar Move acts as a bridge between two diverse cultures of the Kashmir Valley and the Jammu region.

● The tradition was started during Dogra ruler Maharaja Ranbir Singh in 1872.

● Ranbir Singh was Maharaja of Jammu and Kashmir from 1856 to 1885.

● He was the third son of Gulab Singh, the founder of the Jammu and Kashmir state.

Q2. Indian Cyber Crime Coordination Centre (I4C) comes under which Ministry?

a) Ministry of Electronics & Information Technology

b) Ministry of Home Affairs

c) Ministry of Defence

d) None of the above

Solution: b)

Explanation:

Cyber Crime Coordination Centre

● The Indian Cyber Crime Coordination Centre (I4C) was recently inaugurated by the government.

● The scheme to set up I4C was approved in October 2018, to deal with all types of cybercrimes in a comprehensive and coordinated manner.

● It will be set up under the newly created Cyber and Information Security (CIS) division of the MHA.

Q3. Which of the following are components of I4C?

1.  Cyber Crime Threat Analytics Unit
2. Cyber Crime Ecosystem Management Unit
3. National Cyber Crime Research and Innovation Centre

Select the correct code

a) 1 only

b) 2 only

c) 3 only

d) 1, 2 and 3

Solution: d)

Explanation:

Cyber Crime Coordination Centre

● The Indian Cyber Crime Coordination Centre (I4C) was recently inaugurated by the government.

● The scheme to set up I4C was approved in October 2018, to deal with all types of cybercrimes in a comprehensive and coordinated manner.

● It will be set up under the newly created Cyber and Information Security (CIS) division of the MHA.

It has seven components:

1. National Cyber Crime Threat Analytics Unit

2. National Cyber Crime Reporting Portal

3. National Cyber Crime Training Centre

4. Cyber Crime Ecosystem Management Unit

5. National Cyber Crime Research and Innovation Centre

6. National Cyber Crime Forensic Laboratory Ecosystem

7. Platform for Joint Cyber Crime Investigation Team.

Q4. Consider the following statements

1. Provisioning Coverage Ratio (PCR) is essentially the ratio of provisioning to gross non-performing assets and indicates the extent of funds a bank has kept aside to cover loan losses.
2. Provisioning should be made on the basis of the classification of assets based on the period for which the asset has remained non-performing and the availability of security and the realisable value thereof.

Which of the above statement/s is/are correct?

a) 1 only

b) 2 only

c) Both 1 and 2

d) Neither 1 nor 2

Solution: c)

Explanation:

Provisioning Coverage Ratio (PCR)

● Provisioning Coverage Ratio (PCR) is essentially the ratio of provisioning to gross non-performing assets and indicates the extent of funds a bank has kept aside to cover loan losses.

● Thus, provisioning coverage ratio is the percentage of bad assets that the bank has to provide for (keep money) from their own funds.

● Provisioning should be made on the basis of the classification of assets based on the period for which the asset has remained non-performing and the availability of security and the realisable value thereof.

● For example, if the provisioning coverage ratio is 70% for a particular category of bad loans, banks have to set aside funds equivalent to 70% those bad assets out of their profits.

● Assets of a bank means loans they have given and investment they have made.

● If the loans are not coming back, there should be provisioning for such bad debts.

● The assets are classified by the RBI in terms of their duration of non-repayment (NPA, doubtful asset etc.).

● The primary responsibility for making adequate provisions for any diminution in the value of loan assets, investment or other assets is that of the bank managements and the statutory auditors.

Q5. Which of the following are related with Ventilators designing and manufacturing?

1. Bharat Electronics Ltd (BEL)
2. ICF Chennai
3. Skanray Technologies

Select the correct code

a) 1 and 2 only

b) 2 and 3only

c) 1 only

d) All the above

Solution: d)

Explanation:

Ventilators Challenges and Opportunities

● As India braces for community spread of the novel coronavirus and a spike in hospital admissions, the government is seeking to ramp up its capacity of ventilators.

● A large number of ventilators may potentially be required soon.

● After a clarion call by the Govt., established manufacturers are ramping up their production with help from private and public sector companies.

● Meanwhile several brilliant minds have come up with new designs for ventilators which can be made with indigenous components.

◆ The Railways-owned Integral Coach Factory (ICF) has made an attempt to “reverse engineer” the machines.

◆ Private sector carmakers with no experience in this line too, have climbed on to the bandwagon.

◆ Firms like AB Industries say they can scale up monthly production to around 350-400 in the next two months.

◆ Bharat Electronics Ltd (BEL), a PSU under the Ministry of Defence, is in the process of manufacturing 30,000 ventilators.

◆ Health Ministry PSU HLL Lifecare Ltd has floated a tender for 20,000.

◆ ICF Chennai, maker of Train 18, is attempting to manufacture ventilators.

◆ Bengaluru-based Skanray Technologies, which has claimed it intends to manufacture 100,000 ventilators, currently has the capacity to build only 5,000 in one batch.

◆ The rest of its production would have to come through collaborations.

◆ The design would help overcome hurdles like sourcing imported components.

◆ Maruti Suzuki India has announced an arrangement with Noida-based AgVa Healthcare to “rapidly” scale up production to 10,000 per month.

◆ Experiments are also on to find alternatives to imported electronic components such as sensors and displays. We can go to a total, simple user interface without buttons, which can be programmed without display.

Q6. Consider the following statements about Social Security Code Act, 2020:

1. The Act defines Platform work as a work arrangement inside of a traditional
   employer-employee relationship.
2. It proposes to bring the unorganised sector, gig workers and platform
   workers under the ambit of social security schemes, including life and disability
   insurance.
   Which of the above statements is/are correct?

a) 1 only
b) 2 only
c) Both 1 and 2
d) Neither 1 nor 2

Solution: b)

Explanation:
Statement 1 is incorrect
The Social Security Code Act, 2020
 Social security funds for unorganised workers, gig workers and platform
workers: It also proposes to empower the centre to constitute a social security fund
for provision of social security for the unorganised workers, platform workers or gig
workers or any such class of workers.
 National Social Security for gig workers and platform workers:It proposes
to bring unorganised sector, gig workers and platform workers under the ambit of
social security schemes, including life and disability insurance, health and
maternity benefits, provident fund and skill upgradation.
 It proposes to form a National Social Security Board that would
recommend suitable schemes for the different sections of unorganised sector
workers.
 The Social Security Code will extend the scope of the Employees State
Insurance Corporation to all 740 districts in the country and that of
the Employees’ Provident Fund Organisation to all institutions with 20 or
more workers as well as the self-employed.
Platform work:
 The Act defines Platform work as a work arrangement outside of a
traditional employer-employee relationship in which organisations or
individuals use an online platform to access other organisations or individuals.
Platform work aims to solve specific problems or to provide specific services or
any such other activities which may be notified by the Central Government, in
exchange for payment.

Q7. Consider the following statements:

1. The Indira Sawhney Case recognized socially and economically backward
   classes as a category and recognized the validity of the 27 per cent reservation.
2. The 102nd Amendment to the Constitution provides for 10% reservation in
   government jobs and educational institutions for the economically weaker section
   in the unreserved category.
   Which of the above statements is/are correct?
   a) 1 only
   b) 2 only
   c) Both 1 and 2
   d) Neither 1 nor 2

Solution: a)

Explanation:
Only statement 1 is correct.
 The Indira Sawhney Case recognized socially and economically backward
classes as a category and recognized the validity of the 27 per cent reservation.
 It laid down a 50 per cent limit on reservations and observed that
economic, social and educational criteria were needed to define backward classes.
The 103rd Amendment, 2019: The validity of the 103rd Amendment has been
challenged, as it provides for 10% reservation in government jobs and educational
institutions for the economically weaker section in the unreserved category.

Q8. With reference to the Global Innovation Partnership (GIP), consider the
following statements:

1. It is an initiative of India and U.S.A
2. GIP will develop an open and inclusive e-market place (E-BAAZAR) for cross
   border innovation transfer.
   Which of the statements given above is/are correct?
   a) 1 only
   b) 2 only
   c) Both 1 and 2
   d) Neither 1 nor 2

Solution: b)
Explanation:
The Union Cabinet has given ex-post facto approval to the signing of MoU between
the Ministry of External Affairs of India and Foreign, Commonwealth and
Development Office (FCDO) of the United Kingdom on Global Innovation
Partnership (GIP).
 Through this MoU, India and UK agree to launch the Global Innovation
Partnership.
 GIP will support Indian innovators to scale up their innovations in third
countries thereby helping them explore new markets and become self-sustainable.
It will also foster the innovative ecosystem in India.
 GIP innovations will focus on Sustainable Development Goals (SDG) related
sectors thereby assisting recipient countries achieve their SDGs.
 Through seed funding, grants, investments and technical assistance, the
Partnership will support Indian entrepreneurs and innovators to test, scale up and
take their innovative development solutions to select developing countries.

 GIP will also develop an open and inclusive e-market place (E-
BAAZAR) for cross border innovation transfer and will focus on results based

impact assessment thereby promoting transparency and accountability.
Hence only statement 2 is correct.

Q9. With reference to drones, consider the following statements:

1. Ministry of Civil Aviation has recently granted conditional exemption from
   Unmanned Aircraft System {UAS) Rules, 2021 to 20 entities to conduct Beyond
   Visual Line of Sight (BVLOS) experimental flights of drones.
2. The conditional exemption shall be valid for a period of 10 years.
   Which of the statements given above is/are correct?
   a) 1 only
   b) 2 only
   c) Both 1 and 2
   d) Neither 1 nor 2

Solution: a)
Explanation:
Ministry of Civil Aviation has granted conditional exemption from Unmanned
Aircraft System {UAS) Rules, 2021 to 20 entities to conduct Beyond Visual Line of
Sight (BVLOS) experimental flights of drones.
 The preliminary permission grant is envisioned to assist the supplementary
framework development of subsequent UAV rules pertaining to Beyond Visual Line
of Sight (BVLOS) drone operations.
 BVLOS trials will help create framework for future drone deliveries and other
major applications using drones.
 The Central Government had constituted the ‘BVLOS Experiment
Assessment and Monitoring (BEAM) Committee’ to invite Expression of Interest
(EOI) to undertake BVLOS experimental flights of drones.
 An EOI notice was issued by the Directorate General of Civil Aviation (DGCA)
for the aforementioned purpose. The BEAM Committee evaluated the 34 EOls
received and selected 20 consortia (‘Selected Consortia’) for the experimental
flights.
 These exemptions are subject to complete adherence to the requirements
stated in the said EOI notice and the directions/ exemptions issued (or to be issued
in future) by the BEAM Committee.
 This conditional exemption shall be valid for period of one year, or until
further orders, whichever is earlier.
Hence only statement 1 is correct.

Q10. Section 142 of the Social Security Code, 2020, recently seen in news, is
related to:
a) Collection of data of workers including migrant workers.
b) Gratuity payable to an employee on the termination of his employment.
c) Employees’ Insurance Court
d) None of the above

Solution: a)
Explanation:
Section 142 of the Social Security Code, 2020 has been notified by Ministry of
Labour & Employment covering applicability of Aaadhar.
 The notification of section will enable Ministry of Labour and Employment to
collect Aaadhar details for the database of beneficiaries under various social
security schemes.
 National Data Base for unorganised workers (NDUW) is at an advanced stage
of development by National Informatics Centre.
 The portal is aimed at collection of data for unorganised workers including
migrant workers for the purpose of giving benefits of the various schemes of the
Government.
 An inter-state migrant worker can register himself on the portal on the basis
of submission of Aaadhar alone.
 Union Minister of State (I/c) for Labour and Employment Shri Santosh
Gangwar has clarified that the section under the Social Security Code has been
notified only for collection of data of workers including migrant workers. No benefit
will be denied to workers for want of Aaadhar.
 Hence, option (a) is the correct answer.