Current Affairs Quiz 7 February 2023
6. “Wolf 1069 b” is a
(A). A new species of wolf discovered in Sariska Wildlife Sanctuary.
(B). It is a new fish species found by scientists in the Pacific ocean.
(C). It is a newly discovered exoplanet orbiting a red dwarf star.
(D). A spyware developed by Russian hackers to disrupt Ukraine’s baking infrastructure.
Show Answer
Correct Answer: (B)
Why this question?
- Recently, scientists discovered a new exoplanet name “Wolf 1069 b” which is orbiting a red dwarf star Wolf 1069 b.
- It is orbiting in a habitable zone called as Goldilocks Zone making it a prime candidate for the existence of liquid water on its surface.
What is an exoplanet?
- It is an extrasolar plant that lies beyond our solar system.
- The nearest exoplanets are located around 4.2 light years away from Earth and orbiting Proxima Centauri (the closest star to the Sun).
What is a red dwarf star?
- They are small stars with very low mass and are normally referred to as the coolest type of star.
- Because of their low luminosity, they can not be easily observed.
- Proxima Centauri, the nearest star to our sun, is a red dwarf star.
7. Consider the following statements regarding the Extended Reality (XR):
- It is an umbrella term that covers Augmented Reality (AR), Virtual Reality (VR), Mixed Reality (MR), etc.
- It is intended to mirror or combine the physical world with a digital twin world which is able to interact with each other.
(A). 1 only
(B). 2 only
(C). 1 and 2
(D). Neither 1 nor 2
Show Answer
Correct Answer: (C)
Why this question?
- Recently, a MOU was signed between IIT Madras and ISRO to collaborate on the applications of Extended Reality (XR) and in Indian Human Spaceflight Program (IHSP).
What is Extended Reality (XR)?
- It refers to the combination of real and virtual environment and human-machine interactions generated by computer technology.
- It is an umbrella term that covers Augmented Reality (AR), Virtual Reality (VR), Mixed Reality (MR), etc.
Applications of Extended Reality (XR)
- Entertainment and Gaming: To create an immersive virtual environment, allowing the actors to get the real feeling of scenes.
- Healthcare: Improve healthcare by allowing the surgeons to visualise the complexities of organs in 3D.
- Real Estates: To enable the prospecting buyers to get the real feeling of the property.
- Marketing: To provide “try before you by experience” like on “Lenskart” you can try glasses.
8. Consider the following statements regarding Transport and Marketing Assistance (TMA) for Specified Agriculture Products scheme:
- The objective of this program is to provide assistance to the international components of freight to mitigate the impact of higher freight costs faced by Indian exporters of agricultural products.
- It was launched under the Ministry of Agriculture.
(A). 1 only
(B). 2 only
(C). 1 and 2
(D). Neither 1 nor 2
Show Answer
Correct Answer: (A)
Why this question?
- Union Budget 2023-24 has cut the allcation for Transport and Marketing Assistance (TMA) to a meagre ₹ 1 lakh.
What is Transport and Marketing Assistance (TMA) for Specified Agriculture Products scheme ?
- This program lauched by the Government of India March 2022 to provide assistant to international component of freight, to mitigate the impact of higher frieght cost faced by Indian exporters of agriculture products.
- It was lauchded under Ministry of Commerce and Industry.
- All Indian exporters duly registered with Export Promotion Council, of eligible agriculture products are covered under this program.
9. Consider the following statements regarding Yuva Sngam Portal:
- The objective of this program is to strengthen people-to-people connections, especially between youth belonging to 8 North Eastern States and other states.
- It is conceptualized under Ek Bharat Shreshtha Bharat (EBSB) program.
(A). 1 only
(B). 2 only
(C). 1 and 2
(D). Neither 1 nor 2
Show Answer
Correct Answer: (C)
Why this question?
- Recently, the Government of India launched the Yuva Sngam Registration Portal.
What is Yuva Sngam Registration Portal?
- It is an initiative of the Indian Government to strengthen people-to-people connections, especially between youth belonging to 8 North Eastern States and other states.
- This portal is launched under Ek Bharat Shreshtha Bharat (EBSB) program.
- It will conduct exposure tours of youth between the North Eastern States and other states.
10. Consider the following statements regarding the Competition Commission of India (CCI):
- It is a statutory body under the Ministry of Consumer Affairs.
- Its objective is to provide a level playing field to the producers and make the markets work for the welfare of the consumers.
(A). 1 only
(B). 2 only
(C). 1 and 2
(D). Neither 1 nor 2
Show Answer
Correct Answer: (B)
Why this question?
- Recently, Union Government sets up a panel to examine the various regulatory aspects in dealing with emerging challenges from digital technology.
About the Competition Commission of India (CCI)
- It is a statutory body constituted under the provisions of the Competition Commission Act, 2002.
- The primary goal of this institution is to regulate practices having an adverse effect on competition and provide a level playing field to the producers and make the markets work for the welfare of the consumers.
- It works under the Ministry of Corporate Affairs.
Current status of India’s Digital Economy
- Its market share in 2020 was around $537.5 billion and is expected to reach $1 trillion by 2030.
Parliament Standing Committee recommendations to prohibit anti-competitive practices by Big-Tech companies:
- Frame a proper definition for Systemically Important Digital Intermediaries (SIDIs) to counter the monopoly of big tech companies like Google, Amazon, etc.
- Enact a separate Digital Competition Act to ensure a fair and transparent digital ecosystem.
- Specialized Digital Market Unit within CCI to closely monitor SIDIs.
- Strict regulations for data usage by companies for advertising and curbs sales, deep discount practices, etc.
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