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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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With reference to Global Innovation Index 2021, consider the following statements:
Which of the above statements is/are correct?
Solution (b)
The GII is published by the World Intellectual Property Organization (WIPO), a specialized agency of the United Nations.
The Global Innovation Index (GII) ranks world economies according to their innovation capabilities. Consisting of roughly 80 indicators, grouped into innovation inputs and outputs, the GII aims to capture the multi-dimensional facets of innovation.
India’s position:
Article Link: India scores 46th rank in the Global Innovation Index 2021
Solution (b)
The GII is published by the World Intellectual Property Organization (WIPO), a specialized agency of the United Nations.
The Global Innovation Index (GII) ranks world economies according to their innovation capabilities. Consisting of roughly 80 indicators, grouped into innovation inputs and outputs, the GII aims to capture the multi-dimensional facets of innovation.
India’s position:
Article Link: India scores 46th rank in the Global Innovation Index 2021
With reference to the State Food Safety Index, consider the following statements:
Which of the above statements is/are correct?
Solution (d)
The State Food Safety Index is developed by the Food Safety and Standards Authority of India (FSSAI).
It measures the performance of States across five parameters of food safety. The parameters include Human Resources and Institutional Data, Compliance, Food Testing – Infrastructure and Surveillance, Training & Capacity Building and Consumer Empowerment.
This year, among the larger states, Gujarat was the top ranking state, followed by Kerala and Tamil Nadu.
Among the smaller states, Goa stood first followed by Meghalaya and Manipur.
Among UTs, Jammu & Kashmir, Andaman & Nicobar Islands and New Delhi secured top ranks.
Article Link: Union Health Minister releases 3rd State Food Safety Index
Solution (d)
The State Food Safety Index is developed by the Food Safety and Standards Authority of India (FSSAI).
It measures the performance of States across five parameters of food safety. The parameters include Human Resources and Institutional Data, Compliance, Food Testing – Infrastructure and Surveillance, Training & Capacity Building and Consumer Empowerment.
This year, among the larger states, Gujarat was the top ranking state, followed by Kerala and Tamil Nadu.
Among the smaller states, Goa stood first followed by Meghalaya and Manipur.
Among UTs, Jammu & Kashmir, Andaman & Nicobar Islands and New Delhi secured top ranks.
Article Link: Union Health Minister releases 3rd State Food Safety Index
With reference to IPO grey market, consider the following statements:
Which of the above statements is/are correct?
Solution (a)
An IPO grey market is one where a company’s shares are bid and offered by traders unofficially. This takes place before the shares are even issued by the company in an Initial Public Offering (IPO).
Since this is an unofficial market, there are no rules and regulations. Market regulators like Securities and Exchange Board of India (SEBI) are not involved in these transactions. The regulator doesn’t endorse this either.
Grey markets are generally run by a small set of individuals. All deals are based on mutual trust.
Article Link: Paras Defence IPO: GMP, subscription status
Solution (a)
An IPO grey market is one where a company’s shares are bid and offered by traders unofficially. This takes place before the shares are even issued by the company in an Initial Public Offering (IPO).
Since this is an unofficial market, there are no rules and regulations. Market regulators like Securities and Exchange Board of India (SEBI) are not involved in these transactions. The regulator doesn’t endorse this either.
Grey markets are generally run by a small set of individuals. All deals are based on mutual trust.
Article Link: Paras Defence IPO: GMP, subscription status
Lake Tanganyika forms the border between:
Solution (b)
Lake Tanganyika is the longest freshwater lake in the world and the second deepest. It is located in eastern Africa.
The lake is divided among four countries: Tanzania, Democraticc Republic of Congo (DRC), Burundi and Zambia with Tanzania (46%) and DRC (40%) possessing the majority of the lake.
Article Link: Most internal displacement in East Africa’s Burundi due to rise of Lake Tanganyika
Solution (b)
Lake Tanganyika is the longest freshwater lake in the world and the second deepest. It is located in eastern Africa.
The lake is divided among four countries: Tanzania, Democraticc Republic of Congo (DRC), Burundi and Zambia with Tanzania (46%) and DRC (40%) possessing the majority of the lake.
Article Link: Most internal displacement in East Africa’s Burundi due to rise of Lake Tanganyika
The Canary Islands is an archipelago located in:
Solution (c)
The Canary Islands is a Spanish archipelago in the Atlantic Ocean, in a region known as Macaronesia.
At their closest point to the African mainland, they are 100 kilometres west of Morocco.
They are the southernmost of the autonomous communities of Spain, and are located in the African Tectonic Plate.
The archipelago is economically and politically European, and is part of the European Union.
Article Link: Volcano spews lava in Spain’s Canary Islands, dramatic videos capture intensity of disaster
Solution (c)
The Canary Islands is a Spanish archipelago in the Atlantic Ocean, in a region known as Macaronesia.
At their closest point to the African mainland, they are 100 kilometres west of Morocco.
They are the southernmost of the autonomous communities of Spain, and are located in the African Tectonic Plate.
The archipelago is economically and politically European, and is part of the European Union.
Article Link: Volcano spews lava in Spain’s Canary Islands, dramatic videos capture intensity of disaster
