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January 15, 2021 - Daily Quiz

1. Consider the following statements:
  1. The River Boards Act formulated by the Parliament provides for the establishment of river boards for the regulation and development of inter-state river and river valleys.
  2. The Supreme Court or any other court does not have jurisdiction in respect of any water dispute referred to an ad hoc tribunal set up under Inter-State Disputes Act.
Which of the above statements is/are correct? (a) Only 1 (b) Only 2 (c) Both 1 and 2 (d) Neither 1 nor 2
2. On the planet earth, most of the freshwater exists as ice caps and glaciers. Out of the remaining freshwater, the largest proportion (a) is found in atmosphere as moisture and clouds (b) is found in freshwater lakes and rivers (c) exists as groundwater (d) exists as soil moisture
3. A and B put in Rs 300 and Rs 400 respectively into a business. A reinvests into the business his share of the first year's profit of Rs 210 whereas B does not .In what should they divide the second year's profit ? (a) 39 : 40 (b) 40 : 39 (c) 3 : 4 (d) 39 : 49 4. With reference to Coronary stents, consider the following statements
  1. Coronary stents are used for treating heart blocks.
  2. Coronary stents are included in National List of Essential Medicines
Which of the statements given above is/are correct? (a) i only (b) ii only (c) Both i and ii (d) Neither i nor ii 5. Which among the following is/are the key takeaways in the first data privacy blueprint recently released by the Telecom Regulatory Authority of India (TRAI)?
  1. The report lays the foundation for individual ownership of data, making data collectors and data processors “mere custodians” of data.
  2. The data protection framework should apply equally to the government and to private entities.
  1. Existing privacy laws that apply to Telecom Service providers (TSPs) should also apply to all entities in the digital ecosystem.
Select the correct answer using the code given below. (a) 1 only (b) 1 and 2 only (c) 3 only (d) 1, 2 and 3 ANSWERS 1. (c)  2. (c) 3. (a) 4. (c) A coronary stent is a tube-shaped device placed in the coronary arteries that supply blood to the heart, to keep the arteries open in the treatment of coronary heart disease. It is used in a procedure called percutaneous coronary intervention (PCI). Recently, the National Pharmaceutical Pricing Authority (NPPA) on February 13 capped the price of coronary stents at a level up to 40 per cent lower than their existing market rates. 5. (d)  The Telecom Regulatory Authority of India (TRAI) released a set of recommendations regarding privacy, security, and ownership of data in the telecom sector — the first data privacy blueprint by a statutory body. Four key takeaways the report lays the foundation for individual ownership of data, making data collectors and data processors “mere custodians” of data who are subject to regulations. The report says both collectors and processors should be accountable for “unintended harm” caused to the user. The data protection framework should apply equally to the government and to private entities It suggests that existing privacy laws that apply to telecom service providers (TSPs) should also apply to “all entities in the digital ecosystem”. The other digital entities, TRAI states, include devices (mobiles and computers), browsers, software operating systems, applications, and over-the-top (OTT) service providers (that distribute media streamed over the Internet). An overarching theme is that “inadequate” data protection allows digital ecosystem entities an advantage in the use of the data, as compared to the user.


POSTED ON 15-01-2021 BY ADMIN
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