Current Affairs Quiz 16 January 2023
Current Affairs Quiz 16 January 2023 covers the major topics of 16th Jan 2023. The questions are designed as per the need of exams like UPSC, PCS, SSC, and major competitive exams in India.
1. Malegam Committee was related to :
(A) Electoral Reforms
(B) Centre-State Relation
(C) Micro-finance sector
(D) Fiscal Federalism
Show Answer
Correct Answer: (C)
Explanation:
Why this question?
- Recently, a study conducted by PricewaterhouseCoopers (PwC) and the Association of Microfinance Institutions of India highlights that Micro Finance Institutions (MFIs) offered credits to around 60 million borrowers from low-income households.
Major Recommendations of the Malegam Committee
- A separate category of MFIs to be created as NBFC-MFIs for those operating in the microfinance sector.
- Criteria defined by the committee for NBFCs to be classified as NBFC-MFIs:
- more than 90% of their assets are classified as qualified assets
2. Microfinance Delivery Model in India includes :
- Cooperative Banks
- Schedule Commercial Banks operating both directly as well as through Business Correspondents and Self Help Groups (SHGs)
- Non-Banking Financial Companies (NPFC)
Which of the following statements is/are correct?
(A) 1 only
(B) 1 and 2 only
(C) 1 and 3 only
(D) 1, 2 and 3
Show Answer
Correct Answer: (D)
Explanation: All statements are correct.
About MFIs
- They are the institutions that provide small loans and other financial services to poor and low-income households.
- They play an important role in women’s empowerment, promotion of financial inclusion, etc.
3. Match the following pairs :
| (i) National Waterway 1 | (a) Kollam to Kottapuram |
| (ii) National Waterway 2 | (b) Haldia to Prayagraj |
| (iii) National Waterway 3 | (c) Kakinada to Puducherry |
| (iii) National Waterway 4 | (d) Dhubri to Sadiya |
Select the correct code:
(A) (i)-(d), (ii)-(b), (iii)-(a), (iv)-(c)
(B) (i)-(b), (ii)-(d), (iii)-(c), (iv)-(a)
(C) (i)-(b), (ii)-(d), (iii)-(a), (iv)-(c)
(D) (i)-(d), (ii)-(b), (iii)-(c), (iv)-(a)
Show Answer
Correct Answer: (C)
Why this question?
Recently a statement is given by the Chairman of the Inland Waterway Authority of India (IWAI) that India is planning to invest around ₹ 35000 crore by 2047 to create waterway network
Explanation: Just take a quick look at the important waterways
4. Match the following pairs regarding initiatives taken by the government with respect to National Waterways:
| (i) PANI | (a) Portal for all cargo and cruise movement data |
| (ii) CAR-D | (b) Portal for detailed information on waterways |
| (iii) Ro-Pax Service | (c) Passenger ferry service |
Select the correct code:
(A) (i)-(a), (ii)-(b), (iii)-(c)
(B) (i)-(c), (ii)-(a), (iii)-(b)
(C) (i)-(b), (ii)-(c), (iii)-(a)
(D) (i)-(b), (ii)-(a), (iii)-(c)
Show Answer
Correct Answer: (D)
Why this question?
- National Waterways is in news because of the Ganga Vilas Cruise.
Explanation:
PANI (Portal for Asset and Navigation Information)
- It is a portal developed by the Inland Waterway Authority of India (IDAI) that provides key systematic information related to National waterways for facilitating the transportation of cargo and other vessels.
CAR-D (Cargo Data Portal)
- A web-based portal for the collection, analysis, and dissemination of all the cargo and cruise movement for IWAI.
Ro-Ro/Ro-Pax Service
- It is a water transport service project under Eastern Waterfront Development.
- It provides roll-on-roll-off cum passenger ferry service.
- People can travel in their car directly onto the ROPAX vessel.
5. “Asian Waterbirds Census 2023” is conducted in India by
(A) World Wildlife Fund (WWF)
(B) Bombay Natural History Society (BNHS)
(C) CITES
(D) Wildlife Institute of India (WII)
Show Answer
Correct Answer: (B)
Why this question?
- Asian Waterbirds Census 2023 is being conducted in India
Explanation:
About Asian Waterbirds Census (AWS)
- It is an annual Citizen Science Programme supporting the conservation of wetlands and waterbirds, started in 1987.
- AWS is a part of the global International Waterbirds Census, coordinated by Wetland International (WI).
- In India, it is jointly coordinated by the Bombay Natural History Society (BNHS) and Welland International (WI).
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