UPSC Current Affairs Quiz : 26 March 2024

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The Current Affairs Quiz is a daily quiz based on the DAILY CURRENT AFFAIRS AND PIB SUMMARY from the previous day, as posted on our website. It covers all relevant news sources and is designed to test your knowledge of current events. Solving these questions will help you retain both concepts and facts relevant to the UPSC IAS civil services exam.

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• Question 1 of 10 1. Question 1 points Consider the following statements: World Water Day is an annual United Nations observance day held on the 22nd of March that highlights the importance of fresh water. On World Water Day, UNESCO released the United Nations World Water Development Report 2024 on behalf of UN-Water. Which of the statements given above is/are correct? (a) 1 only (b) 2 only (c) Both 1 and 2 (d) Neither 1 nor 2 Correct Ans: (c) Explanation: Context: The United Nations World Water Development Report 2024, published by UNESCO on behalf of UN-Water on World Water Day World Water Day, observed annually on March 22, is a global initiative supported by the United Nations, dating back to 1993. This year’s theme is “Leveraging water for peace” Refer: https://www.insightsonindia.com/2024/03/25/water-crises-threaten-world-peace-report/ Incorrect Ans: (c) Explanation: Context: The United Nations World Water Development Report 2024, published by UNESCO on behalf of UN-Water on World Water Day World Water Day, observed annually on March 22, is a global initiative supported by the United Nations, dating back to 1993. This year’s theme is “Leveraging water for peace” Refer: https://www.insightsonindia.com/2024/03/25/water-crises-threaten-world-peace-report/

#### 1. Question

Consider the following statements:

• World Water Day is an annual United Nations observance day held on the 22nd of March that highlights the importance of fresh water. On World Water Day, UNESCO released the United Nations World Water Development Report 2024 on behalf of UN-Water.

• World Water Day is an annual United Nations observance day held on the 22nd of March that highlights the importance of fresh water.

• On World Water Day, UNESCO released the United Nations World Water Development Report 2024 on behalf of UN-Water.

Which of the statements given above is/are correct?

• (a) 1 only

• (b) 2 only

• (c) Both 1 and 2

• (d) Neither 1 nor 2

Explanation:

• Context: The United Nations World Water Development Report 2024, published by UNESCO on behalf of UN-Water on World Water Day

• World Water Day, observed annually on March 22, is a global initiative supported by the United Nations, dating back to 1993. This year’s theme is “Leveraging water for peace”

Refer: https://www.insightsonindia.com/2024/03/25/water-crises-threaten-world-peace-report/

Explanation:

• Context: The United Nations World Water Development Report 2024, published by UNESCO on behalf of UN-Water on World Water Day

• World Water Day, observed annually on March 22, is a global initiative supported by the United Nations, dating back to 1993. This year’s theme is “Leveraging water for peace”

Refer: https://www.insightsonindia.com/2024/03/25/water-crises-threaten-world-peace-report/

• Question 2 of 10 2. Question 1 points With reference to Indian freedom struggle, Usha Mehta is well-known for- (a) Running the secret Congress Radio in the wake of Quit India Movement (b) Participating in the Second Round Table Conference (c) Leading a contingent of Indian National Army (d) Assisting in the formation of Interim Government under Pandit Jawaharlal Nehru Correct Ans: (a) Explanation: Who was Usha Mehta? She was a prominent figure in India’s freedom struggle, known for her role in establishing Congress Radio during the Quit India Movement in 1942. A law student in Bombay at the time, Mehta was deeply inspired by Mahatma Gandhi’s call for civil disobedience. She played a pivotal role in setting up Congress Radio as an underground radio station to counter British censorship and provide uncensored news and information to the Indian public. Despite challenges, they succeeded in providing a vital voice for India’s freedom struggle, amplifying the call for independence and inspiring generations. When Mehta was released from Pune’s Yerawada Jail in March 1946, she was hailed in the nationalist media as “Radio-ben”. Conferred the Padma Vibhushan in 1998, Mehta died after a brief illness in 2000. Refer: https://www.insightsonindia.com/2024/03/25/usha-mehta/ Incorrect Ans: (a) Explanation: Who was Usha Mehta? She was a prominent figure in India’s freedom struggle, known for her role in establishing Congress Radio during the Quit India Movement in 1942. A law student in Bombay at the time, Mehta was deeply inspired by Mahatma Gandhi’s call for civil disobedience. She played a pivotal role in setting up Congress Radio as an underground radio station to counter British censorship and provide uncensored news and information to the Indian public. Despite challenges, they succeeded in providing a vital voice for India’s freedom struggle, amplifying the call for independence and inspiring generations. When Mehta was released from Pune’s Yerawada Jail in March 1946, she was hailed in the nationalist media as “Radio-ben”. Conferred the Padma Vibhushan in 1998, Mehta died after a brief illness in 2000. Refer: https://www.insightsonindia.com/2024/03/25/usha-mehta/

#### 2. Question

With reference to Indian freedom struggle, Usha Mehta is well-known for-

• (a) Running the secret Congress Radio in the wake of Quit India Movement

• (b) Participating in the Second Round Table Conference

• (c) Leading a contingent of Indian National Army

• (d) Assisting in the formation of Interim Government under Pandit Jawaharlal Nehru

Explanation: Who was Usha Mehta?

• She was a prominent figure in India’s freedom struggle, known for her role in establishing Congress Radio during the Quit India Movement in 1942. A law student in Bombay at the time, Mehta was deeply inspired by Mahatma Gandhi’s call for civil disobedience. She played a pivotal role in setting up Congress Radio as an underground radio station to counter British censorship and provide uncensored news and information to the Indian public.

• Despite challenges, they succeeded in providing a vital voice for India’s freedom struggle, amplifying the call for independence and inspiring generations. When Mehta was released from Pune’s Yerawada Jail in March 1946, she was hailed in the nationalist media as “Radio-ben”. Conferred the Padma Vibhushan in 1998, Mehta died after a brief illness in 2000.

Refer: https://www.insightsonindia.com/2024/03/25/usha-mehta/

Explanation: Who was Usha Mehta?

Refer: https://www.insightsonindia.com/2024/03/25/usha-mehta/

• Question 3 of 10 3. Question 1 points Consider the following statements regarding Elections in India. Absentee voters are those who are unable to physically cast their vote due to their service conditions. There is a facility for absentee voters to vote through postal ballots. The Returning Officer is appointed by the Election Commission of India and is the highest authority in the constituency. Generally, the District Magistrate is the ex-officio Returning Officer in Lok Sabha elections. How many of the above statements are correct? (a) Only one (b) Only two (c) Only three (d) All four Correct Ans: (d) Explanation: There is also a facility for absentee voters to vote through PBs. These voters are those who are unable to physically cast their vote due to their service conditions. For instance, railway employees who are posted outside their home state are counted as absentee voters. The Returning Officer: The RO is appointed for each constituency by the Election Commission. During the duration of the election, the RO is the highest authority in the constituency having a wide range of powers in order to peacefully and impartially conduct elections. ROs themselves do not count all votes but verify the counting at multiple stages and announce the results. They are the final authority in the matter of vote counting in an election. To assist the RO, the EC also appoints Assistant Returning Officers (AROs) to assist the RO in carrying out all the duties. Generally, the District Magistrate is the ex-officio RO in Lok Sabha elections while the Sub-Divisional Magistrate is the RO in state assembly elections. Refer: https://www.insightsonindia.com/2024/03/25/postal-ballots/ Incorrect Ans: (d) Explanation: There is also a facility for absentee voters to vote through PBs. These voters are those who are unable to physically cast their vote due to their service conditions. For instance, railway employees who are posted outside their home state are counted as absentee voters. The Returning Officer: The RO is appointed for each constituency by the Election Commission. During the duration of the election, the RO is the highest authority in the constituency having a wide range of powers in order to peacefully and impartially conduct elections. ROs themselves do not count all votes but verify the counting at multiple stages and announce the results. They are the final authority in the matter of vote counting in an election. To assist the RO, the EC also appoints Assistant Returning Officers (AROs) to assist the RO in carrying out all the duties. Generally, the District Magistrate is the ex-officio RO in Lok Sabha elections while the Sub-Divisional Magistrate is the RO in state assembly elections. Refer: https://www.insightsonindia.com/2024/03/25/postal-ballots/

#### 3. Question

Consider the following statements regarding Elections in India.

• Absentee voters are those who are unable to physically cast their vote due to their service conditions. There is a facility for absentee voters to vote through postal ballots. The Returning Officer is appointed by the Election Commission of India and is the highest authority in the constituency. Generally, the District Magistrate is the ex-officio Returning Officer in Lok Sabha elections.

• Absentee voters are those who are unable to physically cast their vote due to their service conditions.

• There is a facility for absentee voters to vote through postal ballots.

• The Returning Officer is appointed by the Election Commission of India and is the highest authority in the constituency.

• Generally, the District Magistrate is the ex-officio Returning Officer in Lok Sabha elections.

How many of the above statements are correct?

• (a) Only one

• (b) Only two

• (c) Only three

• (d) All four

Explanation:

• There is also a facility for absentee voters to vote through PBs. These voters are those who are unable to physically cast their vote due to their service conditions. For instance, railway employees who are posted outside their home state are counted as absentee voters.

• The Returning Officer: The RO is appointed for each constituency by the Election Commission. During the duration of the election, the RO is the highest authority in the constituency having a wide range of powers in order to peacefully and impartially conduct elections. ROs themselves do not count all votes but verify the counting at multiple stages and announce the results. They are the final authority in the matter of vote counting in an election. To assist the RO, the EC also appoints Assistant Returning Officers (AROs) to assist the RO in carrying out all the duties. Generally, the District Magistrate is the ex-officio RO in Lok Sabha elections while the Sub-Divisional Magistrate is the RO in state assembly elections.

• The RO is appointed for each constituency by the Election Commission. During the duration of the election, the RO is the highest authority in the constituency having a wide range of powers in order to peacefully and impartially conduct elections.

• ROs themselves do not count all votes but verify the counting at multiple stages and announce the results. They are the final authority in the matter of vote counting in an election. To assist the RO, the EC also appoints Assistant Returning Officers (AROs) to assist the RO in carrying out all the duties.

• Generally, the District Magistrate is the ex-officio RO in Lok Sabha elections while the Sub-Divisional Magistrate is the RO in state assembly elections.

Refer: https://www.insightsonindia.com/2024/03/25/postal-ballots/

Explanation:

• Generally, the District Magistrate is the ex-officio RO in Lok Sabha elections while the Sub-Divisional Magistrate is the RO in state assembly elections.

Refer: https://www.insightsonindia.com/2024/03/25/postal-ballots/

• Question 4 of 10 4. Question 1 points Consider the following statements regarding postal ballots. Members of the armed forces and government employees posted outside India are entitled to vote only by post. Voters under preventive detention cannot vote by post. President of India, Vice President, Governors and Union Cabinet ministers have the option to vote by post. How many of the above statements are correct? (a) Only one (b) Only two (c) All three (d) None Correct Ans: (b) Explanation: Statement 2 is incorrect. What are postal ballots? A restricted set of voters can exercise postal voting. Through this facility, a voter can cast her vote remotely by recording her preference on an official ballot paper and sending it back to the election officer before counting. Members of the armed forces like the Army, Navy and Air Force, members of the armed police force of a state (serving outside the state), government employees posted outside India and their spouses are entitled to vote only by post. In other words, they can’t vote in person. Voters under preventive detention can also vote only by post. Special voters such as the President of India, Vice President, Governors, Union Cabinet ministers, Speaker of the House and government officers on poll duty have the option to vote by post. But they have to apply through a prescribed form to avail this facility. Refer: https://www.insightsonindia.com/2024/03/25/postal-ballots/ Incorrect Ans: (b) Explanation: Statement 2 is incorrect. What are postal ballots? A restricted set of voters can exercise postal voting. Through this facility, a voter can cast her vote remotely by recording her preference on an official ballot paper and sending it back to the election officer before counting. Members of the armed forces like the Army, Navy and Air Force, members of the armed police force of a state (serving outside the state), government employees posted outside India and their spouses are entitled to vote only by post. In other words, they can’t vote in person. Voters under preventive detention can also vote only by post. Special voters such as the President of India, Vice President, Governors, Union Cabinet ministers, Speaker of the House and government officers on poll duty have the option to vote by post. But they have to apply through a prescribed form to avail this facility. Refer: https://www.insightsonindia.com/2024/03/25/postal-ballots/

#### 4. Question

Consider the following statements regarding postal ballots.

• Members of the armed forces and government employees posted outside India are entitled to vote only by post. Voters under preventive detention cannot vote by post. President of India, Vice President, Governors and Union Cabinet ministers have the option to vote by post.

• Members of the armed forces and government employees posted outside India are entitled to vote only by post.

• Voters under preventive detention cannot vote by post.

• President of India, Vice President, Governors and Union Cabinet ministers have the option to vote by post.

How many of the above statements are correct?

• (a) Only one

• (b) Only two

• (c) All three

Explanation:

• Statement 2 is incorrect.

• What are postal ballots? A restricted set of voters can exercise postal voting. Through this facility, a voter can cast her vote remotely by recording her preference on an official ballot paper and sending it back to the election officer before counting. Members of the armed forces like the Army, Navy and Air Force, members of the armed police force of a state (serving outside the state), government employees posted outside India and their spouses are entitled to vote only by post. In other words, they can’t vote in person. Voters under preventive detention can also vote only by post. Special voters such as the President of India, Vice President, Governors, Union Cabinet ministers, Speaker of the House and government officers on poll duty have the option to vote by post. But they have to apply through a prescribed form to avail this facility.

• A restricted set of voters can exercise postal voting. Through this facility, a voter can cast her vote remotely by recording her preference on an official ballot paper and sending it back to the election officer before counting.

• Members of the armed forces like the Army, Navy and Air Force, members of the armed police force of a state (serving outside the state), government employees posted outside India and their spouses are entitled to vote only by post. In other words, they can’t vote in person. Voters under preventive detention can also vote only by post.

• Special voters such as the President of India, Vice President, Governors, Union Cabinet ministers, Speaker of the House and government officers on poll duty have the option to vote by post. But they have to apply through a prescribed form to avail this facility.

Refer: https://www.insightsonindia.com/2024/03/25/postal-ballots/

Explanation:

• Statement 2 is incorrect.

Refer: https://www.insightsonindia.com/2024/03/25/postal-ballots/

• Question 5 of 10 5. Question 1 points Consider the following statements about the Financing Agrochemical Reduction and Management Programme (FARM): It aims to combat the release of toxic persistent organic pollutants (POPs) into the environment caused by the use of harmful chemicals in farming. It is led by the European Commission with financial support from the Global Environment Facility (GEF). Which of the statements given above is/are correct? (a) 1 only (b) 2 only (c) Both 1 and 2 (d) Neither 1 nor 2 Correct Ans: (a) Explanation: Context: Seven countries – Ecuador, India, Kenya, Laos, Philippines, Uruguay, and Vietnam – have initiated a program called the Financing Agrochemical Reduction and Management Programme (FARM) to address pollution from pesticides and plastics in agriculture. This initiative aims to combat the release of toxic persistent organic pollutants (POPs) into the environment caused by the use of harmful chemicals in farming FARM, led by the UN Environment Programme (UNEP) with support from the Global Environment Facility (GEF), intends to shift financial incentives towards farmers to adopt low- and non-chemical alternatives, promoting sustainable practices. By phasing out hazardous pesticides and Agri-plastics and encouraging better management standards, the program aims to prevent the release of over 51,000 tons of hazardous pesticides and 20,000 tons of plastic waste, while also reducing carbon dioxide emissions and protecting over 3 million hectares of land. Refer: https://www.insightsonindia.com/2024/03/25/financing-agrochemical-reduction-and-management-programme-or-farm/ Incorrect Ans: (a) Explanation: Context: Seven countries – Ecuador, India, Kenya, Laos, Philippines, Uruguay, and Vietnam – have initiated a program called the Financing Agrochemical Reduction and Management Programme (FARM) to address pollution from pesticides and plastics in agriculture. This initiative aims to combat the release of toxic persistent organic pollutants (POPs) into the environment caused by the use of harmful chemicals in farming FARM, led by the UN Environment Programme (UNEP) with support from the Global Environment Facility (GEF), intends to shift financial incentives towards farmers to adopt low- and non-chemical alternatives, promoting sustainable practices. By phasing out hazardous pesticides and Agri-plastics and encouraging better management standards, the program aims to prevent the release of over 51,000 tons of hazardous pesticides and 20,000 tons of plastic waste, while also reducing carbon dioxide emissions and protecting over 3 million hectares of land. Refer: https://www.insightsonindia.com/2024/03/25/financing-agrochemical-reduction-and-management-programme-or-farm/

#### 5. Question

Consider the following statements about the Financing Agrochemical Reduction and Management Programme (FARM):

• It aims to combat the release of toxic persistent organic pollutants (POPs) into the environment caused by the use of harmful chemicals in farming. It is led by the European Commission with financial support from the Global Environment Facility (GEF).

• It aims to combat the release of toxic persistent organic pollutants (POPs) into the environment caused by the use of harmful chemicals in farming.

• It is led by the European Commission with financial support from the Global Environment Facility (GEF).

Which of the statements given above is/are correct?

• (a) 1 only

• (b) 2 only

• (c) Both 1 and 2

• (d) Neither 1 nor 2

Explanation:

• Context: Seven countries – Ecuador, India, Kenya, Laos, Philippines, Uruguay, and Vietnam – have initiated a program called the Financing Agrochemical Reduction and Management Programme (FARM) to address pollution from pesticides and plastics in agriculture.

• This initiative aims to combat the release of toxic persistent organic pollutants (POPs) into the environment caused by the use of harmful chemicals in farming

• FARM, led by the UN Environment Programme (UNEP) with support from the Global Environment Facility (GEF), intends to shift financial incentives towards farmers to adopt low- and non-chemical alternatives, promoting sustainable practices.

• By phasing out hazardous pesticides and Agri-plastics and encouraging better management standards, the program aims to prevent the release of over 51,000 tons of hazardous pesticides and 20,000 tons of plastic waste, while also reducing carbon dioxide emissions and protecting over 3 million hectares of land.

Refer: https://www.insightsonindia.com/2024/03/25/financing-agrochemical-reduction-and-management-programme-or-farm/

Explanation:

• This initiative aims to combat the release of toxic persistent organic pollutants (POPs) into the environment caused by the use of harmful chemicals in farming

Refer: https://www.insightsonindia.com/2024/03/25/financing-agrochemical-reduction-and-management-programme-or-farm/

• Question 6 of 10 6. Question 1 points Consider the following statements regarding ‘Bima Sugam’ online platform. It will serve as a one-stop destination for insurance-related needs. The platform aims to centralize data and facilitate policy porting. Insurance Regulatory and Development Authority of India (IRDAI) owns a majority stake in the platform. How many of the above statements is/are correct? (a) Only one (b) Only two (c) All three (d) None Correct Ans: (b) Explanation: Statement 3 is incorrect. Context: The Insurance Regulatory and Development Authority of India (IRDAI) has approved the establishment of Bima Sugam, an online insurance marketplace, aimed at simplifying the process of buying, selling, and servicing insurance policies, as well as settling claims. The Insurance Regulatory and Development Authority of India (IRDAI) is creating the ‘Bima Sugam’online platform, which is described as a ‘game-changer’ and a ‘UPI moment’ for the insurance sector. It will serve as a one-stop destination for insurance-related needs, including policies, portability, agent changes, and claims. The platform aims to centralize data, facilitate policy porting, offer a wide range of policy choices, reduce intermediary commissions, and enable the acceptance of new products. Ownership: Life insurance and general insurance companies will own a 47.5 per cent stake each, while brokers and agent bodies will own 2.5 per cent each. Refer: https://www.insightsonindia.com/2024/03/25/bima-sugam/ Incorrect Ans: (b) Explanation: Statement 3 is incorrect. Context: The Insurance Regulatory and Development Authority of India (IRDAI) has approved the establishment of Bima Sugam, an online insurance marketplace, aimed at simplifying the process of buying, selling, and servicing insurance policies, as well as settling claims. The Insurance Regulatory and Development Authority of India (IRDAI) is creating the ‘Bima Sugam’online platform, which is described as a ‘game-changer’ and a ‘UPI moment’ for the insurance sector. It will serve as a one-stop destination for insurance-related needs, including policies, portability, agent changes, and claims. The platform aims to centralize data, facilitate policy porting, offer a wide range of policy choices, reduce intermediary commissions, and enable the acceptance of new products. Ownership: Life insurance and general insurance companies will own a 47.5 per cent stake each, while brokers and agent bodies will own 2.5 per cent each. Refer: https://www.insightsonindia.com/2024/03/25/bima-sugam/

#### 6. Question

Consider the following statements regarding ‘Bima Sugam’ online platform.

• It will serve as a one-stop destination for insurance-related needs. The platform aims to centralize data and facilitate policy porting. Insurance Regulatory and Development Authority of India (IRDAI) owns a majority stake in the platform.

• It will serve as a one-stop destination for insurance-related needs.

• The platform aims to centralize data and facilitate policy porting.

• Insurance Regulatory and Development Authority of India (IRDAI) owns a majority stake in the platform.

How many of the above statements is/are correct?

• (a) Only one

• (b) Only two

• (c) All three

Explanation:

• Statement 3 is incorrect.

• Context: The Insurance Regulatory and Development Authority of India (IRDAI) has approved the establishment of Bima Sugam, an online insurance marketplace, aimed at simplifying the process of buying, selling, and servicing insurance policies, as well as settling claims.

• The Insurance Regulatory and Development Authority of India (IRDAI) is creating the ‘Bima Sugam’online platform, which is described as a ‘game-changer’ and a ‘UPI moment’ for the insurance sector.

• It will serve as a one-stop destination for insurance-related needs, including policies, portability, agent changes, and claims.

• The platform aims to centralize data, facilitate policy porting, offer a wide range of policy choices, reduce intermediary commissions, and enable the acceptance of new products.

• Ownership: Life insurance and general insurance companies will own a 47.5 per cent stake each, while brokers and agent bodies will own 2.5 per cent each.

Refer: https://www.insightsonindia.com/2024/03/25/bima-sugam/

Explanation:

• Statement 3 is incorrect.

• It will serve as a one-stop destination for insurance-related needs, including policies, portability, agent changes, and claims.

• The platform aims to centralize data, facilitate policy porting, offer a wide range of policy choices, reduce intermediary commissions, and enable the acceptance of new products.

• Ownership: Life insurance and general insurance companies will own a 47.5 per cent stake each, while brokers and agent bodies will own 2.5 per cent each.

Refer: https://www.insightsonindia.com/2024/03/25/bima-sugam/

• Question 7 of 10 7. Question 1 points Consider the following African countries: Kenya Tanzania Botswana Mozambique How many of the above nations share borders with the Indian Ocean? (a) Only one (b) Only two (c) Only three (d) All four Correct Ans: (c) Explanation: Context: INS Sujata and INS Tir have entered the harbour phase of the India-Mozambique Tanzania (IMT) maritime trilateral exercise. Refer: https://www.insightsonindia.com/2024/03/25/india-mozambique-tanzania-imt-maritime-trilateral-exercise/ Incorrect Ans: (c) Explanation: Context: INS Sujata and INS Tir have entered the harbour phase of the India-Mozambique Tanzania (IMT) maritime trilateral exercise. Refer: https://www.insightsonindia.com/2024/03/25/india-mozambique-tanzania-imt-maritime-trilateral-exercise/

#### 7. Question

Consider the following African countries:

• Kenya Tanzania Botswana Mozambique

• Mozambique

How many of the above nations share borders with the Indian Ocean?

• (a) Only one

• (b) Only two

• (c) Only three

• (d) All four

Explanation:

• Context: INS Sujata and INS Tir have entered the harbour phase of the India-Mozambique Tanzania (IMT) maritime trilateral exercise.

Refer: https://www.insightsonindia.com/2024/03/25/india-mozambique-tanzania-imt-maritime-trilateral-exercise/

Explanation:

• Context: INS Sujata and INS Tir have entered the harbour phase of the India-Mozambique Tanzania (IMT) maritime trilateral exercise.

Refer: https://www.insightsonindia.com/2024/03/25/india-mozambique-tanzania-imt-maritime-trilateral-exercise/

• Question 8 of 10 8. Question 1 points Consider the following statements about the Insurance Regulatory and Development Authority of India (IRDAI): It is the regulatory body for overall supervision and regulation of pensions in India. It was established in accordance with the suggestions made in the Indian government’s OASIS report. Which of the above statements is/are correct? (a) 1 only (b) 2 only (c) Both 1 and 2 (d) Neither 1 nor 2 Correct Ans: (d) Explanation: PFRDA is the regulatory body for overall supervision and regulation of pensions in India. IRDAI (HQ: Hyderabad; est 1999), safeguards insurance customers’ interests as a statutory body under the IRDA Act 1999. It operates under the Ministry of Finance, overseeing and developing the insurance industry. Its powers and functions are defined by the IRDAI Act, 1999 and the Insurance Act, 1938 IRDAI’s “Vision Insurance for All” initiative aims for comprehensive coverage by 2047, allocating states and union territories to insurers for increased penetration. In 2023, IRDAI launched “Bima Trinity” – Bima Sugam, Bima Vistar, Bima Vaahaks – with insurers to streamline insurance activities. Refer: https://www.insightsonindia.com/2024/03/25/bima-sugam/ Incorrect Ans: (d) Explanation: PFRDA is the regulatory body for overall supervision and regulation of pensions in India. IRDAI (HQ: Hyderabad; est 1999), safeguards insurance customers’ interests as a statutory body under the IRDA Act 1999. It operates under the Ministry of Finance, overseeing and developing the insurance industry. Its powers and functions are defined by the IRDAI Act, 1999 and the Insurance Act, 1938 IRDAI’s “Vision Insurance for All” initiative aims for comprehensive coverage by 2047, allocating states and union territories to insurers for increased penetration. In 2023, IRDAI launched “Bima Trinity” – Bima Sugam, Bima Vistar, Bima Vaahaks – with insurers to streamline insurance activities. Refer: https://www.insightsonindia.com/2024/03/25/bima-sugam/

#### 8. Question

Consider the following statements about the Insurance Regulatory and Development Authority of India (IRDAI):

• It is the regulatory body for overall supervision and regulation of pensions in India. It was established in accordance with the suggestions made in the Indian government’s OASIS report.

• It is the regulatory body for overall supervision and regulation of pensions in India.

• It was established in accordance with the suggestions made in the Indian government’s OASIS report.

Which of the above statements is/are correct?

• (a) 1 only

• (b) 2 only

• (c) Both 1 and 2

• (d) Neither 1 nor 2

Explanation:

• PFRDA is the regulatory body for overall supervision and regulation of pensions in India.

• IRDAI (HQ: Hyderabad; est 1999), safeguards insurance customers’ interests as a statutory body under the IRDA Act 1999. It operates under the Ministry of Finance, overseeing and developing the insurance industry. Its powers and functions are defined by the IRDAI Act, 1999 and the Insurance Act, 1938

• IRDAI’s “Vision Insurance for All” initiative aims for comprehensive coverage by 2047, allocating states and union territories to insurers for increased penetration. In 2023, IRDAI launched “Bima Trinity” – Bima Sugam, Bima Vistar, Bima Vaahaks – with insurers to streamline insurance activities.

Refer: https://www.insightsonindia.com/2024/03/25/bima-sugam/

Explanation:

• PFRDA is the regulatory body for overall supervision and regulation of pensions in India.

Refer: https://www.insightsonindia.com/2024/03/25/bima-sugam/

• Question 9 of 10 9. Question 1 points Consider the following statements about Atal Bhujal Yojana (ABY): Atal Bhujal Yojana (ATAL JAL) is being implemented as a Central Sector Scheme. The National Level Steering Committee of the Atal Bhujal Yojana is chaired by the Prime Minister of India. The purpose of the scheme is to demonstrate community-led sustainable groundwater management which can be taken to scale. How many of the statements given above is/are correct? (a) Only one (b) Only two (c) All three (d) None Correct Ans: (b) Explanation: The National Level Steering Committee of the Atal Bhujal Yojana, chaired by the Secretary of the Department of Water Resources, has decided to continue the ABY for another two years beyond 2025, till 2027. Atal Bhujal Yojana (ABHY) is a central sector scheme for sustainable management of groundwater with community participation. It envisages people’s participation through the formation of ‘Water User Associations’, water budgeting, preparation & implementation of Gram-panchayat-wise water security plans, etc. It aims to bring behavioral changes in communities and promotes demand-side interventions for water conservation and smart water management. It emphasizes reducing water demand in irrigation and implementing efficient water techniques. Refer: https://www.insightsonindia.com/2024/03/25/water-crises-threaten-world-peace-report/ Incorrect Ans: (b) Explanation: The National Level Steering Committee of the Atal Bhujal Yojana, chaired by the Secretary of the Department of Water Resources, has decided to continue the ABY for another two years beyond 2025, till 2027. Atal Bhujal Yojana (ABHY) is a central sector scheme for sustainable management of groundwater with community participation. It envisages people’s participation through the formation of ‘Water User Associations’, water budgeting, preparation & implementation of Gram-panchayat-wise water security plans, etc. It aims to bring behavioral changes in communities and promotes demand-side interventions for water conservation and smart water management. It emphasizes reducing water demand in irrigation and implementing efficient water techniques. Refer: https://www.insightsonindia.com/2024/03/25/water-crises-threaten-world-peace-report/

#### 9. Question

Consider the following statements about Atal Bhujal Yojana (ABY):

• Atal Bhujal Yojana (ATAL JAL) is being implemented as a Central Sector Scheme. The National Level Steering Committee of the Atal Bhujal Yojana is chaired by the Prime Minister of India. The purpose of the scheme is to demonstrate community-led sustainable groundwater management which can be taken to scale.

• Atal Bhujal Yojana (ATAL JAL) is being implemented as a Central Sector Scheme.

• The National Level Steering Committee of the Atal Bhujal Yojana is chaired by the Prime Minister of India.

• The purpose of the scheme is to demonstrate community-led sustainable groundwater management which can be taken to scale.

How many of the statements given above is/are correct?

• (a) Only one

• (b) Only two

• (c) All three

Explanation:

• The National Level Steering Committee of the Atal Bhujal Yojana, chaired by the Secretary of the Department of Water Resources, has decided to continue the ABY for another two years beyond 2025, till 2027.

• Atal Bhujal Yojana (ABHY) is a central sector scheme for sustainable management of groundwater with community participation.

• It envisages people’s participation through the formation of ‘Water User Associations’, water budgeting, preparation & implementation of Gram-panchayat-wise water security plans, etc.

• It aims to bring behavioral changes in communities and promotes demand-side interventions for water conservation and smart water management. It emphasizes reducing water demand in irrigation and implementing efficient water techniques.

Refer: https://www.insightsonindia.com/2024/03/25/water-crises-threaten-world-peace-report/

Explanation:

• Atal Bhujal Yojana (ABHY) is a central sector scheme for sustainable management of groundwater with community participation.

• It envisages people’s participation through the formation of ‘Water User Associations’, water budgeting, preparation & implementation of Gram-panchayat-wise water security plans, etc.

Refer: https://www.insightsonindia.com/2024/03/25/water-crises-threaten-world-peace-report/

• Question 10 of 10 10. Question 1 points Consider the following statements regarding the Jal Jeevan Mission. Jal Jeevan Mission aims to provide safe and adequate drinking water through tap connections to all households in India by 2024. The Jal Jeevan Mission is based on a community approach to water and includes extensive Information, Education and communication as a key component of the mission. It also includes elements such as recharge and reuse through grey water management, water conservation and rainwater harvesting. How many of the above statements are correct? (a) Only One (b) Only two (c) All three (d) None Correct Ans:(b) Explanation: Only statements 2 and 3 are correct. Jal Jeevan Mission is envisioned to provide safe and adequate drinking water through individual household tap connections by 2024 to all households in rural India. The programme will also implement source sustainability measures as mandatory elements, such as recharge and reuse through grey water management, water conservation, rain water harvesting. The Jal Jeevan Mission is based on a community approach to water and includes extensive Information, Education and communication as a key component of the mission. JJM looks to create a jan andolan for water, thereby making it everyone’s priority. Refer: https://www.insightsonindia.com/2024/03/25/water-crises-threaten-world-peace-report/ Incorrect Ans:(b) Explanation: Only statements 2 and 3 are correct. Jal Jeevan Mission is envisioned to provide safe and adequate drinking water through individual household tap connections by 2024 to all households in rural India. The programme will also implement source sustainability measures as mandatory elements, such as recharge and reuse through grey water management, water conservation, rain water harvesting. The Jal Jeevan Mission is based on a community approach to water and includes extensive Information, Education and communication as a key component of the mission. JJM looks to create a jan andolan for water, thereby making it everyone’s priority. Refer: https://www.insightsonindia.com/2024/03/25/water-crises-threaten-world-peace-report/

#### 10. Question

Consider the following statements regarding the Jal Jeevan Mission.

• Jal Jeevan Mission aims to provide safe and adequate drinking water through tap connections to all households in India by 2024. The Jal Jeevan Mission is based on a community approach to water and includes extensive Information, Education and communication as a key component of the mission. It also includes elements such as recharge and reuse through grey water management, water conservation and rainwater harvesting.

• Jal Jeevan Mission aims to provide safe and adequate drinking water through tap connections to all households in India by 2024.

• The Jal Jeevan Mission is based on a community approach to water and includes extensive Information, Education and communication as a key component of the mission.

• It also includes elements such as recharge and reuse through grey water management, water conservation and rainwater harvesting.

How many of the above statements are correct?

• (a) Only One

• (b) Only two

• (c) All three

Explanation:

• Only statements 2 and 3 are correct.

• Jal Jeevan Mission is envisioned to provide safe and adequate drinking water through individual household tap connections by 2024 to all households in rural India. The programme will also implement source sustainability measures as mandatory elements, such as recharge and reuse through grey water management, water conservation, rain water harvesting. The Jal Jeevan Mission is based on a community approach to water and includes extensive Information, Education and communication as a key component of the mission. JJM looks to create a jan andolan for water, thereby making it everyone’s priority.

Refer: https://www.insightsonindia.com/2024/03/25/water-crises-threaten-world-peace-report/

Explanation:

• Only statements 2 and 3 are correct.

Refer: https://www.insightsonindia.com/2024/03/25/water-crises-threaten-world-peace-report/

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