Daily Current Affairs (MCQ) | Date 05.03.22

Daily Current Affairs (MCQ) | Date 05.03.22

Daily Current Affairs (MCQ) | Date 05.03.22

Q1. Consider the following statements about the Kavach or Train Collision Avoidance System (TCAS) recently announced in Budget 2022-23

1. It is a set of electronic devices and Radio Frequency Identification devices installed in locomotives, in the signalling system as well the tracks
2. Various components of the system talk to each other using visible light communication to control the brakes of trains and also alert drivers

Which of the above statements is/are correct?

a. 1 only
b. 2 only
c. Both 1 and 2
d. Neither 1 nor 2

Answer : a

Why is the Question ?

What is Kavach?
It is India’s very own automatic protection system in development since 2012, under the name Train Collision Avoidance System (TCAS), which got rechristened Kavach or “armour”.
Simply put, it is a set of electronic devices and Radio Frequency Identification devices installed in locomotives, in the signalling system as well the tracks, that talk to each other using ultra high radio frequencies to control the brakes of trains and also alert drivers, all based on the logic programmed into them. One of its features is that by continuously refreshing the movement information of a train, it is able to send out triggers when a loco pilot jumps signal, called Signal Passed at Danger (SPAD), a grave offence in railway operations with respect to safety, and the key to accidents like collision. The devices also continuously relay the signals ahead to the locomotive, making it useful for loco pilots in low visibility, especially during dense fog.
TCAS or Kavach includes the key elements from already existing, and tried and tested systems like the European Train Protection and Warning System, and the indigenous Anti Collision Device. It will also carry features of the high-tech European Train Control System Level-2 in future. The current form of Kavach adheres to the highest level of safety and reliability standard called Safety Integrity Level 4.
What is new?
In the new avatar, India wants to position Kavach as an exportable system, a cheaper alternative to the European systems in vogue across the world. While now Kavach uses Ultra High Frequency, work is on to make it compatible with 4G Long Term Evolution (LTE) technology and make the product for global markets. Work is on to make the system such that it can be compatible with other already installed systems globally. The Research Designs and Standards Organisation (RDSO) in Lucknow along with private vendors are developing the system.
India wants more private players to take up the development and subsequent production. Once rolled out, it may be the world's cheapest Automatic Train Protection System with the cost of rollout pegged at around Rs 30 lakh to 50 lakh per kilometre, a fourth of the cost of equivalent systems globally.

In the next phase, the Kavach system will also be able to recalibrate as per temporary speed restrictions en route, something the system does not yet have.

Q2. Consider the following statements

1. The National Investigation Agency (NIA) has jurisdiction across the country
2. It requires permission of state governments to start investigation in a case related to its mandate

Which of the above statements is/are correct?

a. 1 only
b. 2 only
c. Both 1 and 2
d. Neither 1 nor 2

Answer : a

Why is the Question ?

What is general consent?
The CBI is governed by The Delhi Special Police Establishment (DSPE) Act, 1946, and it must mandatorily obtain the consent of the state government concerned before beginning to investigate a crime in a state.
Section 6 of The DSPE Act (“Consent of State Government to exercise of powers and jurisdiction”) says: “Nothing contained in section 5 (titled “Extension of powers and jurisdiction of special police establishment to other areas”) shall be deemed to enable any member of the Delhi Special Police Establishment to exercise powers and jurisdiction in any area in a State, not being a Union territory or railway area, without the consent of the Government of that State.”
The CBI’s position is in this respect different from that of the National Investigation Agency (NIA), which is governed by The NIA Act, 2008, and has jurisdiction across the country.
The consent of the state government to CBI can be either casespecific or general.
General consent is normally given by states to help the CBI in seamless investigation of cases of corruption against central government employees in their states. This is consent by default, in the absence of which the CBI would have to apply to the state government in every case, and before taking even small actions.

Q3. Recently seen in the news nuclear power plants of Chernobyl and Zaporizhzhia are situated in the country of

a. Belarus
b. Ukraine
c. Russia
d. Sweden

Answer : b

Why is the Question ?

Q4. Consider the following statements

1. The primary objective of the RBI’s monetary policy is to promote economic growth
2. The central government is empowered to constitute a sixmember Monetary Policy Committee (MPC) to determine the policy interest rate
3. The RBI Governor is ex officio chairperson of the Monetary Policy Committee (MPC)

Which of the above statements is/are correct?

a. 1 and 2 only
b. 2 and 3 only
c. 1 and 3 only
d. 1, 2 and 3

Answer : b

Why is the Question ?

Monetary policy
The primary objective of the RBI’s monetary policy is to maintain price stability while keeping in mind the objective of growth. Price stability is a necessary precondition to sustainable growth.
In May 2016, the RBI Act was amended to provide a legislative mandate to the central bank to operate the country’s monetary policy framework. The framework, according to the RBI website, “aims at setting the policy (repo) rate based on an assessment of the current and evolving macroeconomic situation; and modulation of liquidity conditions to anchor money market rates at or around the repo rate.

“Repo rate changes transmit through the money market to the entire financial system, which, in turn, influences aggregate demand – a key determinant of inflation and growth.”

The Committee
Under Section 45ZB of the amended RBI Act, 1934, the central government is empowered to constitute a six-member Monetary Policy Committee (MPC) to determine the policy interest rate required to achieve the inflation target. The first such MPC was constituted on September 29, 2016.
Section 45ZB lays down that “the Monetary Policy Committee shall determine the Policy Rate required to achieve the inflation target”, and that “the decision of the Monetary Policy Committee shall be binding on the Bank”.

Members of MPC

Section 45ZB says the MPC shall consist of the RBI Governor as its ex officio chairperson, the Deputy Governor in charge of monetary policy, an officer of the Bank to be nominated by the Central Board, and three persons to be appointed by the central government. The last category of appointments must be from “persons of ability, integrity and standing, having knowledge and experience in the field of economics or banking or finance or monetary policy”. (Section 45ZC)