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The Current Affairs questions are based on sources like ‘The Hindu’, ‘Indian Express’ and ‘PIB’, which are very important sources for UPSC Prelims Exam. The questions are focused on both the concepts and facts. The topics covered here are generally different from what is being covered under ‘Daily Current Affairs/Daily News Analysis (DNA) and Daily Static Quiz’ to avoid duplication. The questions would be published from Monday to Saturday before 2 PM. One should not spend more than 10 minutes on this initiative.
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‘Carbon Border Tax’ is being contemplated by
Solution(b)
The European Commission adopted a proposal for a new Carbon Border Adjustment Mechanism which will put a carbon price on imports (Carbon Border Tax) of a targeted selection of products so that ambitious climate action in Europe does not lead to ‘carbon leakage’.
Context- European Union’s recent proposal on the first of its kind carbon border tax.
Solution(b)
The European Commission adopted a proposal for a new Carbon Border Adjustment Mechanism which will put a carbon price on imports (Carbon Border Tax) of a targeted selection of products so that ambitious climate action in Europe does not lead to ‘carbon leakage’.
Context- European Union’s recent proposal on the first of its kind carbon border tax.
Consider the following statements regarding ‘Agriculture Infrastructure Fund’
Select the correct statements
Solution(c)
Statement Analysis:
| Statement 1 | Statement 2 | Statement 3 |
| Correct | Incorrect | Correct |
| The scheme shall provide a medium – long term debt financing facility for investment in viable projects for post-harvest management Infrastructure and community farming assets through interest subvention and financial support | It is a Central Sector Scheme called Agriculture Infrastructure Fund (National Agriculture Infra Financing Facility). Loans will have interest subvention of 3% per annum up to a limit of Rs. 2 crore. This subvention will be available for a maximum period of seven years. | Eligible Beneficiaries are Farmers, Farmer Producer Organizations (FPOs), Primary Agricultural Credit Society (PACS), Marketing Cooperative Societies, Self Help Groups (SHGs), Joint Liability Groups (JLG), Multipurpose Cooperative Societies, Agri-entrepreneurs, Start-ups, and Central/State agency or Local Body sponsored PPP Projects. Eligibility has been extended to State agencies and Agricultural Produce Marketing Committees (APMCs), as well as federations of cooperative organisations, FPOs and SHGs |
Context: Recently, the Union Cabinet approved some modifications in the Central Sector Scheme of Financing Facility under ‘Agriculture Infrastructure Fund’
Solution(c)
Statement Analysis:
| Statement 1 | Statement 2 | Statement 3 |
| Correct | Incorrect | Correct |
| The scheme shall provide a medium – long term debt financing facility for investment in viable projects for post-harvest management Infrastructure and community farming assets through interest subvention and financial support | It is a Central Sector Scheme called Agriculture Infrastructure Fund (National Agriculture Infra Financing Facility). Loans will have interest subvention of 3% per annum up to a limit of Rs. 2 crore. This subvention will be available for a maximum period of seven years. | Eligible Beneficiaries are Farmers, Farmer Producer Organizations (FPOs), Primary Agricultural Credit Society (PACS), Marketing Cooperative Societies, Self Help Groups (SHGs), Joint Liability Groups (JLG), Multipurpose Cooperative Societies, Agri-entrepreneurs, Start-ups, and Central/State agency or Local Body sponsored PPP Projects. Eligibility has been extended to State agencies and Agricultural Produce Marketing Committees (APMCs), as well as federations of cooperative organisations, FPOs and SHGs |
Context: Recently, the Union Cabinet approved some modifications in the Central Sector Scheme of Financing Facility under ‘Agriculture Infrastructure Fund’
Consider the following statements
Choose the correct statements
Solution(b)
Statement Analysis:
| Statement 1 | Statement 2 | Statement 3 |
| Correct | Correct | Incorrect |
| The Constitution provides that the office of the Speaker should never be empty. Article 93 for Lok Sabha and Article 178 for state Assemblies state that these Houses “shall, as soon as may be”, choose two of its members to be Speaker and Deputy Speaker. The Constitution neither sets a time limit nor specifies the process for these elections. It leaves it to the legislatures to decide how to hold these elections. | The Constitution of India requires the Speaker to be a member of the House. z Although there are no specific qualifications prescribed for being elected the Speaker, an understanding of the Constitution and the laws of the country is considered a major asset for the holder of the Office of the Speaker. | The Speaker holds Office from the date of his/her election till immediately before the first meeting of the next Lok Sabha (for 5 years). Whenever the Lok Sabha is dissolved, the Speaker does not vacate his office and continues till the newly-elected Lok Sabha meets |
Context- Maharashtra had been without a Speaker since February, 2021 while Lok Sabha and several State Assemblies are without a Deputy Speaker.
Solution(b)
Statement Analysis:
| Statement 1 | Statement 2 | Statement 3 |
| Correct | Correct | Incorrect |
| The Constitution provides that the office of the Speaker should never be empty. Article 93 for Lok Sabha and Article 178 for state Assemblies state that these Houses “shall, as soon as may be”, choose two of its members to be Speaker and Deputy Speaker. The Constitution neither sets a time limit nor specifies the process for these elections. It leaves it to the legislatures to decide how to hold these elections. | The Constitution of India requires the Speaker to be a member of the House. z Although there are no specific qualifications prescribed for being elected the Speaker, an understanding of the Constitution and the laws of the country is considered a major asset for the holder of the Office of the Speaker. | The Speaker holds Office from the date of his/her election till immediately before the first meeting of the next Lok Sabha (for 5 years). Whenever the Lok Sabha is dissolved, the Speaker does not vacate his office and continues till the newly-elected Lok Sabha meets |
Context- Maharashtra had been without a Speaker since February, 2021 while Lok Sabha and several State Assemblies are without a Deputy Speaker.
Consider the following statements
Select the correct statements
Solution(c)
Statement Analysis:
| Statement 1 | Statement 2 | Statement 3 |
| Incorrect | Incorrect | Correct |
| Heat domes occur in both the hemispheres. | Strong and high pressure atmospheric conditions combine with influences from La-Nina act like a dome | The phenomenon begins when there is a strong change (or gradient) in ocean temperatures. In the process known as convection, the gradient causes more warm air, heated by the ocean surface, to rise over the ocean surface. |
Context- Recently, the Pacific Northwest and some parts of Canada recorded temperatures around 47 degrees, causing a “historic” heat wave.
Solution(c)
Statement Analysis:
| Statement 1 | Statement 2 | Statement 3 |
| Incorrect | Incorrect | Correct |
| Heat domes occur in both the hemispheres. | Strong and high pressure atmospheric conditions combine with influences from La-Nina act like a dome | The phenomenon begins when there is a strong change (or gradient) in ocean temperatures. In the process known as convection, the gradient causes more warm air, heated by the ocean surface, to rise over the ocean surface. |
Context- Recently, the Pacific Northwest and some parts of Canada recorded temperatures around 47 degrees, causing a “historic” heat wave.
With reference to ‘Aurora’, consider the following statements
Choose the correct statements
Solution(d)
Statement Analysis:
| Statement 1 | Statement 2 |
| Incorrect | Incorrect |
| An Aurora is a display of light in the sky predominantly seen in the high latitude regions (Arctic and Antarctic). It is also known as a Polar light. They commonly occur at high northern and southern latitudes, less frequent at mid-latitudes, and seldom seen near the equator | Auroras are caused when charged particles ejected from the Sun’s surface – called the solar wind – enter the Earth’s atmosphere. The typical aurora is caused by collisions between charged particles from space with the oxygen and nitrogen in Earth’s upper atmosphere. |
Context- Recently, the UAE’s Hope spacecraft has captured images of glowing atmospheric lights in the Mars night sky, known as discrete auroras
Solution(d)
Statement Analysis:
| Statement 1 | Statement 2 |
| Incorrect | Incorrect |
| An Aurora is a display of light in the sky predominantly seen in the high latitude regions (Arctic and Antarctic). It is also known as a Polar light. They commonly occur at high northern and southern latitudes, less frequent at mid-latitudes, and seldom seen near the equator | Auroras are caused when charged particles ejected from the Sun’s surface – called the solar wind – enter the Earth’s atmosphere. The typical aurora is caused by collisions between charged particles from space with the oxygen and nitrogen in Earth’s upper atmosphere. |
Context- Recently, the UAE’s Hope spacecraft has captured images of glowing atmospheric lights in the Mars night sky, known as discrete auroras
