Daily Current Affairs Quiz: August 04, 2023

August 4, 2023

Consider the following statements:
1 Schedule N of the Drugs and Cosmetics Act, 1940, deals with GMP for pharmaceutical manufacturing units, including specific requirements pertaining to premises, plant and equipment.
2. LK-99 is a material that can conduct superconductivity at room temperatures.
3. Jalesar Dhatu Shilp recently got GI tag from Madhya Pradesh.
Which of the following statements is/are incorrect?

(A) 1 & 3 only
(B) 2 & 3 only
(C) 2 only
(D) 1, 2 and 3

Show Answer

ANSWER: A

Consider the following statements:
1 Deadline for mandatory implementation of the Good Manufacturing Practices (GMP) for companies with a turnover of over Rs 250 crore will have to implement the revised GMP within one year.
2. Till now, superconductivity was observed in materials only at very high temperatures.
3. Bikaner Kashidakari Craft is traditional art of tying and dyeing.
Which of the following statements is/are incorrect?

(A) 1 & 2 only
(B) 2 & 3 only
(C) 3 only
(D) 1, 2 and 3

Show Answer

ANSWER: D

Consider the following statements:
1 GMPs were first incorporated in Schedule M in 1988.
2. Superconductors are a critical component of modern-day transportation systems, medicine, energy transmission, and scientific research.
2. Goan Bebinca is a traditional Indo-French pudding.
Which of the following statements is/are correct?

(A) 1 & 2 only
(B) 2 & 3 only
(C) 3 only
(D) 1, 2 and 3

Show Answer

ANSWER: A

Consider the following statements:
1 Participatory notes (P-notes) are offshore derivative instruments with foreign shares as the underlying assets.
2. P-notes are issued by registered Foreign Portfolio Investors (FPIs) to overseas investors.
Which of the following statements is/ are correct?

(A) 1 only
(B) 2 only
(C) Both 1 and 2
(D) Neither 1 nor 2

Show Answer

ANSWER: B

Driven by stable macroeconomic fundamentals, investment in the Indian capital markets through participatory notes rose to Rs 1.13 lakh crore in June-end, making it the highest level in five-and-half years.

About Participatory notes

P-notes are offshore derivative instruments with Indian shares as the underlying assets.

FPIs are non-residents who invest in Indian securities like shares, government bonds, corporate bonds, etc.

Participatory notes (P-notes) are issued by registered Foreign Portfolio Investors (FPIs) to overseas investors who wish to be part of the Indian stock market without registering themselves directly.
- They, however, need to go through a due diligence process by SEBI.
The anonymity provided by the P- Notes makes it lucrative for entities that try to use this route to round trip funds.

Consider the following statements:
1 Sahakar 22 initiative was launched by National Cooperative Development Corporation in 2022.
2. FOCUS 222 is aimed at assisting Cooperatives in 222 Districts including 117 Aspirational Districts.
Which of the following statements is/ are incorrect?

(A) 1 only
(B) 2 only
(C) Both 1 and 2
(D) Neither 1 nor 2

Show Answer

ANSWER: A

Union Minister of Cooperation recently listed several initiatives undertaken by the National Cooperative Development Corporation (NCDC) under its Sahakar 22 initiative.
- NCDC had launched Sahakar– 22 in FY 2017-18 to achieve the Mission of New India through Cooperatives.
Under SAHAKAAR 22, NCDC launched-
- FOCUS 222 aimed at assisting Cooperatives in 222 Districts including 117 Aspirational Districts (identified by NITI Aayog).
- PACS HUB – Transformation of PACS and other Coops as Apna Kisan Resource Centers
- AENEC – Act East and North East Cooperatives
- CEMtC – Centres of Excellence to Market through Cooperatives and
- SAHAKAR PRAGYA – Capacity Development through Laxmanrao Inamdar National Academy for Cooperative Research Development (LINAC).

Consider the following statements:
1 IUCN Red list status of Iberian Wolf is Endangered.
2. The Iberian peninsula comprises Italy and Portugal.
Which of the following statements is/ are correct?

(A) 1 only
(B) 2 only
(C) Both 1 and 2
(D) Neither 1 nor 2

Show Answer

ANSWER: D

The Iberian wolf (Canis lupus signatus), the species of gray wolf native to the Iberian Peninsula, has been extinct in the historic region of Andalusia in the extreme south of Iberia since 2020, according to the regional government.
- Iberian peninsula comprises Spain and Portugal.
- Andalusia is an ‘autonomous territory’ of Spain and consists of eight provinces: Almería, Cádiz, Córdoba, Granada, Huelva, Jaén, Málaga, and Seville.
The Iberian wolf, like other types of gray wolf, lives in packs that are territorial and hierarchical and led by a dominant breeding pair.
IUCN Red list status- Vulnerable

Consider the following statements:
1 NITI Aayog has rolled out Finger Minutiae Record – Finger Image Record (FMR-FIR) modality for Aadhaar-enabled Payment System (AePS).
2. It uses a combination of both finger minutiae and finger image to check the liveness of the fingerprint captured.
Which of the following statements is/ are correct?

(A) 1 only
(B) 2 only
(C) Both 1 and 2
(D) Neither 1 nor 2

Show Answer

ANSWER: B

To prevent Aadhaar-enabled Payment System (AePS) frauds by the use of spoofed fingerprints during Aadhaar authentication, the UIDAI (Unique Identification Authority of India) has rolled out an in-house Artificial Intelligence/Machine Learning technology-based Finger Minutiae Record – Finger Image Record (FMR-FIR) modality which is able to check the liveness of a fingerprint to detect the use of cloned fingerprint during the authentication process.
It uses a combination of both finger minutiae and finger image to check the liveness of the fingerprint captured.
- In the field of biometrics, minutiae refer to certain small features of a fingerprint image.
This ensures that only real fingerprints are used for verification, thus enhancing security and preventing fraud.

Ayush Visa has been rolled out by Ministry of Home Affairs for-

(A) Indian AYUSH practitioners to showcase their work globally.
(B) Persons of indian origin for medical treatment in their homeland.
(C) OCI card holders for medical treatment in their homeland.
(D) Foreign nationals seeking medical treatment under the Indian systems of medicine.

Show Answer

ANSWER: D

Ministry of Home Affairs has incorporated a new visa category, “Ayush Visa” for foreign nationals seeking medical treatment like therapeutic care, wellness and yoga in India.
Ayush Visa aims to fulfill the need for introduction of a special visa scheme for foreigners visiting India for treatment under Ayush systems or Indian systems of medicine per say.
A new chapter i.e. chapter 11A – Ayush Visa has been incorporated after Chapter 11 – Medical visa of the Visa Manual, which deals with treatment under the Indian systems of medicine and accordingly necessary amendments has been made in various chapters of the Visa Manual, 2019.
PM Modi had announced creation of Ayush Visa in 2022 seeking to make it a part of India’s roadmap for the Heal in India initiative of the government.
Ministry of Ayush and the Ministry of Health & Family Welfare are collaborating to develop a one stop Heal in India portal to promote India as a Medical tourism destination of the world.

Aadi Perukku festival was recently celebrated in the state of-

(A) Tamil Nadu
(B) Andhra Pradesh
(C) Telangana
(D) Both B and C

Show Answer

ANSWER: A

Aadi Perukku is a monsoon festival celebrated in the state of Tamil Nadu, that occurs on the 18^th day of the Tamil month of Aadi.
It is also known as Pathinettam Perukku.
This festival is celebrated to show the gratitude to monsoon.
During Aadi Perukku, people gather near the banks of rivers, especially the Kaveri River, to perform rituals and offer prayers.

The Nurpur police and the local administration have launched the “Saarthi” scheme as a pilot project to check-

(A) Vehicle thefts
(B) Illegal gambling
(C) Communal hatred
(D) Drug peddling

Show Answer

ANSWER: D

The Nurpur police and the local administration have launched the “Saarthi” scheme as a pilot project in the subdivision to check drug menace and sensitise people about its ill effects.
The scheme is a multi-faceted exercise being launched with the coordination of local administration, police and the health department along with active community participation.
The police will do contact tracing of drug peddlers and drug addicts and then inputs about addicts will be passed on to a designated counsellor, who will help them to come out of the mess.
The database created with community participation will be used to initiate appropriate measures to tackle the drug menace.