Daily Current Affairs (MCQ) | Date 06.05.22

Daily Current Affairs (MCQ) | Date 06.05.22

Daily Current Affairs (MCQ) | Date 06.05.22

Q1. Which of the following are reasons for power crisis in India in recent years?

  1. Failure of many Ultra Solar power plants
  2. High international coal prices
  3. Poor financial performance of discoms
  4. Coal transportation challenges

 

Select the correct answer from the codes given below

  1. 1 and 2 only
  2. 2, 3 and 4 only
  3. 1, 2 and 4
  4. 1, 2, 3 and 4

 

Answer (b)

Explanation:

Q2. The Food Safety and Standards Authority of India (FSSAI) will soon make public its draft regulations for front-of-package labelling (FOPL) that recommend a health star rating system. Normally a health star rating system would include

 

  1. Star rating
  2. Energy information
  3. Positive nutrients
  4. Risk nutrients

 

Select the correct answer from the codes given below

  1. 1 and 2 only
  2. 2, 3 and 4 only
  3. 1, 2 and 4
  4. 1, 2, 3 and 4

 

Answer (d)

Explanation:

‘Expert panel will study star rating’

  1. The Food Safety and Standards Authority of India (FSSAI) will soon make public its draft regulations for front-of-package labelling (FOPL) that recommend a health star rating system that public health experts and consumer rights organisations have criticised as ineffective and misleading.
  1. There can be no comparison of the effectiveness of two FOPLs in the same population because there is one FOPL in a Surveys in the U.K. have shown that the multiple traffic light system is the best, or there are surveys in Europe that say that Nutri-score is the best.

Consumer preference:

  1. Many global experts have raised questions about the design and interpretation used in the IIM-Ahmedabad study used by the FSSAI to take a decision to propose a health star
  2. Studies conducted by the All India Institute of Medical Sciences and the International Institute for Population Sciences also say consumers prefer warning labels.
  3. As per FSSAI, India will have an initial voluntary period and then move towards improving the thresholds and making the labelling mandatory.

Q3. Consider the following statements about the World Food Prize

  1. It was conceived by Nobel Peace Prize laureate Norman Borlaug
  2. A NASA climate research scientist was awarded the World Food Prize 2022
  3. It is    now    administered    by    the    Food    and       Agriculture Organization of the United Nations

 

Which of the above statements is/are correct?

  1. 1 and 2 only
  2. 1 and 3 only
  3. 2 only
  4. 1, 2 and 3

 

Answer (a)

Explanation:

NASA climate scientist wins World Food Prize

  1. A NASA climate research scientist who has spent much of her career explaining how global food production must adapt to a changing climate was awarded the World Food Prize
  2. Cynthia Rosenzweig, an agronomist and climatologist, was awarded the $2,50,000 prize in recognition of her innovative modelling of the impact of climate change on food
  3. The Des Moines-based World Food Prize Foundation award recognized Ms Rosenzweig as the founder of the Agricultural Model Inter-comparison and Improvement
  4. The organisation draws scientists from around the world and from many disciplines to advance methods for improving predictions of the future performance of agricultural and food systems as the global climate
  5. The foundation credited her work with directly helping decision-makers in more than 90 countries establish plans to prepare for climate

 

The World Food Prize

  1. It is an international award recognizing the achievements of individuals who have advanced human development by improving the quality, quantity, or availability of food in the
  2. Conceived by Nobel Peace Prize laureate Norman Borlaug and established in 1986 through the support of General Foods, the prize is envisioned and promoted as the Nobel or the highest honors in the field of food and agriculture.
  3. It is now administered by the World Food Prize Foundation with support from numerous sponsors. Since 1987, the prize has been awarded annually.

 

Q4. Which of the following are probable consequences of widening current account deficit (CAD) in India?

  1. A weaker rupee
  2. Depletion in forex reserves
  3. Costlier imports

Select the correct answer from the codes given below

  1. 1 and 2 only
  2. 1 and 3 only
  3. 2 only
  4. 1, 2 and 3

 

Answer (d)

Explanation

  1. Monitoring the trade deficit is crucial as this has a direct bearing on the current account deficit (CAD). Disconcertingly,foreign direct investment, which typically helps bridge the CAD, has seen a moderation.
  2. And, the wider the CAD, the greater the downward pressure on the rupee, which has already weakened considerably since the conflict in eastern Europe began in February.
  3. A weaker rupee, in turn, makes imports costlier, potentially widening the trade deficit, and thus triggering a vicious cycle. The RBI has sought to steady the rupee against wild swings, evident in the dip in foreign exchange reserves to $600.4 billion (April 22), from $640 billion just six months
  4. But a central bank can draw on the reserves to ease any rupee weakening only to a limited extent. The RBI also has its hands full with the battle against imported inflation as global commodity prices remain sharply
  5. To help avoid added stress, the Government must consider additional incentives for exports, while encouraging local production of items that strain the import