Current Affairs Quiz, 11 April 2020

1) Which among the following is not one of the methods from which World Health Organisation gets its funds?

a) Specified voluntary contributions
b) Core voluntary contributions
c) Pandemic Influenza Preparedness (PIP) Contributions
d) None of the above

Ans: d

• There are four kinds of contributions that make up funding for the WHO, these are
• Assessed contributions – Assessed contributions are the dues countries pay in order to be a member of the Organization.
• Specified voluntary contributions – Voluntary contributions come from Member States (in addition to their assessed contribution) or from other partners.
• Core voluntary contributions – Core voluntary contributions allow less well-funded activities to benefit from a better flow of resources and ease implementation bottlenecks that arise when immediate financing is lacking.
• PIP contributions – Pandemic Influenza Preparedness (PIP) Contributions were started in 2011 to improve and strengthen the sharing of influenza viruses with human pandemic potential, and to increase the access of developing countries to vaccines and other pandemic related supplies.

2) Recently the COVID-19 pandemic has made the ubiquitous gamosa, a decorative cotton towel, evolve from memento to mask. It is an article of significance in the state of

a) Delhi
b) Rajasthan
c) Assam
d) None of the above

Ans: c

• The Gamosa is an article of significance for the people of Assam.
• It is generally a white rectangular piece of cloth with primarily a red border on three sides and red woven motifs on the fourth.

3) Recently, Bharat Electronics Ltd. and the All India Institute of Medical Sciences (AIIMS) Rishikesh, have jointly developed a remote patient health monitoring system. Bharat Electronics Limited (BEL) is a

a) Miniratna company
b) Maharatna company
c) Navratna company
d) None of the above

Ans: c

• It has been granted Navratna status. BEL also develops Electronic Voting Machines (EVMs) and Voter-verified Paper Audit Trail (VVPATs).

4) Which among the following All India Financial Institutions are supervised by the Reserve Bank?

a) SIDBI
b) EXIM Bank
c) NABARD
d) All of the above

Ans: d

• Recently SIDBI announced that it would provide emergency working capital of up to Rs 1 crore to MSMEs against their confirmed government orders.
• SIDBI is one of the four All India Financial Institutions regulated and supervised by the Reserve Bank, other three are
  • EXIM Bank,
  • NABARD
  • NHB (but recently NHB has been in government control by taking more than 51% stack)

5) National Innovation Foundation (NIF) comes under the aegis of

a) Department of Science and Technology
b) Niti Aayog
c) ISRO
d) All of the above

Ans: a

• Modi govt throws Covid-19 innovation ‘challenge’ to Indians, will fund winning ideas
• It is an autonomous body of the Department of Science and Technology (DST).
• It conducts a biennial national competition for grassroots green technologies developed by farmers through their own genius.