UPSC Quiz – 2020 : IAS Daily Current Affairs Quiz Day 95

Solution (c)

UNEP launched the ‘Clean Seas’ programme in February 2017 to fight marine plastic litter with the help of governments, civil society and citizens.

Read More – https://www.cleanseas.org/about

Solution (a)

The Great Oxidation Event (GOE), sometimes also called the Great Oxygenation Event, Oxygen Catastrophe, Oxygen Crisis, Oxygen Holocaust, or Oxygen Revolution, was a time that Earth’s atmosphere and the shallow ocean experienced a rise in oxygen, around 2.4 billion years ago (2.4 Ga) to 2.1–2.0 Ga during the Paleoproterozoic era. Geological, isotopic, and chemical evidence suggests that biologically induced molecular oxygen (dioxygen, O2) started to accumulate in Earth’s atmosphere and changed Earth’s atmosphere from a weakly reducing atmosphere to an oxidizing atmosphere.

A chronology of oxygen accumulation suggests that free oxygen was first produced by prokaryotic and then later eukaryotic organisms in the ocean that carried out photosynthesis more efficiently, producing oxygen as a waste product.

Read More – http://www.bbc.com/earth/story/20150701-the-origin-of-the-air-we-breathe

Solution (d)

Common Risk Mitigating Mechanism (CRMM)

• International Solar Alliance (IAS), which became a treaty-based global entity, will develop an insurance scheme – Common Risk Mitigating Mechanism – 
• To protect investors’ interests so that more and more investment can be attracted to the growing solar energy sector.
• It has set up an international expert group to work on blue print of the mechanism
• There is a task force headed by the Terrawatt Initiative (TWI) with members from the World Bank Group, The Currency Exchange Fund (TCX), the Council on Energy, Environment and Water (CEEW), and also the Confederation of Indian Industries (CII)
• CRMM will act as a pooled insurance with limited liability. Banks and multi-lateral institutions can contribute to the fund for a marginal premium. This will lower the cost of capital for developing renewable energy projects

Solution (b)

Chitrakathi is a unique style of Painting, practised in Pinguli, a small village near Kudal, in the district of Sindhudurg in the Indian States of Maharashtra, dating back to the 17th century. Painting is done using paper, brush and hand-made colours and in the sequence, based on the story of Mahabhartha or Ramayana.

Solution (c)

The Inclusive Development Index (IDI) is an annual assessment of 103 countries’ economic performance that measures how countries perform on eleven dimensions of economic progress in addition to GDP. It has 3 pillars; growth and development; inclusion and; intergenerational equity – sustainable stewardship of natural and financial resources.

The IDI is a project of the World Economic Forum’s System Initiative on the Future of Economic Progress, which aims to inform and enable sustained and inclusive economic progress through deepened public-private cooperation through thought leadership and analysis, strategic dialogue and concrete cooperation, including by accelerating social impact through corporate action.