Current Affairs Quiz , 07 Feb 2020

1) Who among the following are not eligible to enrol into Pradhan Mantri Shram Yogi Maan-dhan Yojna (PM-SYM)?

1. It is a pension scheme for the Unorganised Workers to provide old age protection to them.
2. One should not be a member of ESIC/EPFO or an income tax payer to avail the benefits of the scheme.

Choose the correct answer using the codes given below

a) ESIC member
b) EPFO member
c) Income tax payer
d) All of the above

Answer: d
• One should not be a member of ESIC/EPFO or an income tax payer to avail the benefits of the scheme.

2) Recently discovered Jebel Ali Gas Field is located in

a) UAE
b) USA
c) UK
d) None of the above

Answer: a
• United Arab Emirates (UAE) had discovered a new natural gas field with 80 trillion standard cubic feet (tscf) of shallow gas resources.The reservoir, named ‘Jebel Ali’, is located between the emirates of Dubai and Abu Dhabi, which along with five other emirates form the UAE.

3) Urban Climate Change Resilience Trust Fund is a $150 million multi-donor trust fund (2013-2021) under the Urban Financing Partnership Facility. It is administrated by

a) AIIB
b) ADB
c) NDB
d) World Bank

Answer: b
• Urban Climate Change Resilience Trust Fund is a $150 million multi-donor trust fund (2013-2021) administered by ADB under the Urban Financing Partnership Facility.

4) Vadhavan port will be developed on “land lord model”. This model refers to

a) port authority owns all the available assets and performs all functions
b) port authority acts as a regulatory body and private companies carry out port operations
c) port authority carries out port operations and private companies acts as a regulatory body
d) None of the above

Answer: b
• In the service port model, the port authority owns the land and all available assets—fixed and mobile—and performs all regulatory and port functions. Here, the port trust is both the landlord and the cargo terminal operator.
• In the landlord port model, the publicly governed port authority acts as a regulatory body and as landlord while private companies carry out port operations—mainly cargo-handling activities. Here, the port authority maintains ownership of the port while the infrastructure is leased to private firms that provide and maintain their own superstructure and install own equipment to handle cargo. In return, the landlord port gets a share of the revenue from the private entity.

5) Which among the following forms nodes of Vizag-Chennai Industrial Corridor?

a) Visakhapatnam,
b) Machilipatnam,
c) Donakonda
d) All of the above

Answer: d
• Asian Development Bank (ADB) had prepared Conceptual Development Plan (CDP) for Vizag-Chennai Industrial Corridor (VCIC).
• Four nodes were identified for development namely
o Visakhapatnam,
o Machilipatnam,
o Donakonda and
o Chittoor.