September 12, 2020 - Daily Quiz

1. Consider the following statements in respect of Trade Related Analysis of Fauna and Flora in Commerce (TRAFFIC):
  1. TRAFFIC is a bureau under United Nations Environment Programme (UNEP).
  2. The mission of TRAFFIC is to ensure that trade in wild plants and animals is not a threat to the conservation of nature.
Which of the above statements is/are correct? (a) 1 only (b) 2 only (c) Both 1 and 2 (d) Neither 1 nor 2 2. Who among the following were the founders of the "Hind Mazdoor Sabha" established in 1948? (a) B. Krishna Pillai, E.M.S. Namboodiripad and K.C . George (b) Jayaprakash Narayan, Deen Dayal Upadhyay and M.N. Roy (c) C .P. Ramaswamy Iyer, K. Kamaraj and Veeresalingam Pantulu (d) Ashok Mehta, T.S. Ramanujam and G.G. Mehta
3. Which of the following statements is / are correct regarding the Maternity Benefit ' (Amendment) Act, 2017?
  1. Pregnant women are entitled for three months pre-delivery and three months post-delivery paid leave.
  2. Enterprises with creches must allow the mother minimum six creche visits daily.
  3. Women with two children get reduced entitlements.
Select the correct answer using the code given below. (a) 1 and 2 only (b) 2 only (c) 3 only (d) 1, 2 and 3 4. The economic cost of food grains to the Food Corporation of India is Minimum Support Price and bonus (if any) paid to the farmers plus (a) transportation cost only         (b) interest cost only      (c) procurement incidentals and distribution cost (d) procurement incidentals and charges for godowns   5. With reference to chemical fertilizers in India, consider the following statements:
  1. At present, the retail price of chemical fertilizers is market-driven and not administered by the Government.
  2. Ammonia, which is an input of urea, is produced from natural gas.
  3. Sulphur, which is a raw material for Phosphoric acid fertilizer, is a by-product of oil refineries.
Which of the statements given above is/are correct? (a) 1 only (b) 2 and 3 only (c) 2 only (d) 1, 2 and 3   ANSWERS 1. (b) - TRAFFIC is a non-governmental organization working globally on the trade of wild animals and plants in the context of both biodiversity and sustainable development.
  • The mission of TRAFFIC is to ensure that trade in wild plants and animals is not a threat to the conservation of nature.
2. (d) The Hindustan Mazdoor Sabha was founded in Howrah in West Bengal on 29 December 1948, by socialists, Forward Bloc followers and independent unionists.
  • Its founders included Basawon Singh (Sinha), Ashok Mehta, R.S. Ruikar, Maniben Kara, Shibnath Banerjee, R.A. Khedgikar, T.S. Ramanujam, V.S. Mathur, G. Mehta.
3. (c) The Maternity Benefit (Amendment) Act 2017 provides for 26 weeks paid maternity leave for women employees. Women, who are expecting after having 2 children, get 12 weeks paid maternity leave. The maternity leave can be availed 8 weeks before the expected date of delivery. The Act mandates for establishing creche facility at organisations employing 50 or more employees. The women employees are permitted to visit the creche facility 4 times during the day. 4. (c) The economic cost of food grains procured by the Food Corporation of India (FCI) is a total of Minimum Support Price and bonus (if any) paid to the farmers plus the procurement incidentals and distribution cost. The economic cost has three main components - procurement cost, procurement price, and distribution cost. The procurement incidentals are the initial costs incurred during procurement of foodgrains. The FCI buys foodgrains from the farmers at the pre-announced Minimum Support Price. The distribution costs include freight, handling charges, storage charges, losses during trasit and establishment cost. 5. (b) - The Government of India subsidizes fertilizers to ensure that fertilizers are easily available to farmers and the country remains self-sufficient in agriculture. The same has been achieved largely by controlling the price of fertilizer and the amount of production. The urea is being provided to the farmers at a statutorily notified Maximum Retail Price (MRP). Under the NBS Policy, the Government announces a fixed rate of subsidy (in Rs. per Kg basis), on each nutrient of subsidized fertilizers, namely Nitrogen (N), Phosphate (P), Potash (K) and Sulphur (S), on annual basis. Synthetic ammonia (NH3) refers to ammonia that has been synthesized (Standard Industrial Classification 2873) from natural gas. Natural gas molecules are reduced to carbon and hydrogen. The hydrogen is then purified and reacted with nitrogen to produce ammonia. Approximately 75 percent of the ammonia produced is used as fertilizer, either directly as ammonia or indirectly after synthesis as urea, ammonium nitrate, and mono-ammonium or diammonium phosphates. Sulphur is a major by-product of oil refining and gas processing    


POSTED ON 12-09-2020 BY ADMIN
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