CLAT 2021 || Passage Based Current Affairs Quiz || 04.07.2020
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Question 1
IDSA has been organizing the annual South Asia Conference since 2007. Over a decade, this flagship conference has dealt with a number of important issues, such as, economic cooperation for development, changing political context in India’s neighborhood, common challenges of terrorism in South Asia and prospects of regional cooperation, cooperative security framework for South Asia, prospects for stability and growth in South Asia, exploring regional perceptions, role of media in promoting regional understanding in South Asia, culture as a factor in regional cooperation, strengthening connectivity in South Asia, and non-traditional security challenges in South Asia. The varied themes reflect the different concerns of member countries of South Asia, which have enabled these countries to pursue respective national interests within the framework of regional cooperation. All members of SAARC and (A) participated in the 2020 conference. Members of the South Asian Association for Regional Cooperation (SAARC) countries were called for cooperation to end terrorism.
Source: www.idsa.in
When was the South Asian Conference held in 2020?
Question 2
IDSA has been organizing the annual South Asia Conference since 2007. Over a decade, this flagship conference has dealt with a number of important issues, such as, economic cooperation for development, changing political context in India’s neighborhood, common challenges of terrorism in South Asia and prospects of regional cooperation, cooperative security framework for South Asia, prospects for stability and growth in South Asia, exploring regional perceptions, role of media in promoting regional understanding in South Asia, culture as a factor in regional cooperation, strengthening connectivity in South Asia, and non-traditional security challenges in South Asia. The varied themes reflect the different concerns of member countries of South Asia, which have enabled these countries to pursue respective national interests within the framework of regional cooperation. All members of SAARC and (A) participated in the 2020 conference. Members of the South Asian Association for Regional Cooperation (SAARC) countries were called for cooperation to end terrorism.
Source: www.idsa.in
Question 3
IDSA has been organizing the annual South Asia Conference since 2007. Over a decade, this flagship conference has dealt with a number of important issues, such as, economic cooperation for development, changing political context in India’s neighborhood, common challenges of terrorism in South Asia and prospects of regional cooperation, cooperative security framework for South Asia, prospects for stability and growth in South Asia, exploring regional perceptions, role of media in promoting regional understanding in South Asia, culture as a factor in regional cooperation, strengthening connectivity in South Asia, and non-traditional security challenges in South Asia. The varied themes reflect the different concerns of member countries of South Asia, which have enabled these countries to pursue respective national interests within the framework of regional cooperation. All members of SAARC and (A) participated in the 2020 conference. Members of the South Asian Association for Regional Cooperation (SAARC) countries were called for cooperation to end terrorism.
Source: www.idsa.in
Question 4
IDSA has been organizing the annual South Asia Conference since 2007. Over a decade, this flagship conference has dealt with a number of important issues, such as, economic cooperation for development, changing political context in India’s neighborhood, common challenges of terrorism in South Asia and prospects of regional cooperation, cooperative security framework for South Asia, prospects for stability and growth in South Asia, exploring regional perceptions, role of media in promoting regional understanding in South Asia, culture as a factor in regional cooperation, strengthening connectivity in South Asia, and non-traditional security challenges in South Asia. The varied themes reflect the different concerns of member countries of South Asia, which have enabled these countries to pursue respective national interests within the framework of regional cooperation. All members of SAARC and (A) participated in the 2020 conference. Members of the South Asian Association for Regional Cooperation (SAARC) countries were called for cooperation to end terrorism.
Source: www.idsa.in
Question 5
IDSA has been organizing the annual South Asia Conference since 2007. Over a decade, this flagship conference has dealt with a number of important issues, such as, economic cooperation for development, changing political context in India’s neighborhood, common challenges of terrorism in South Asia and prospects of regional cooperation, cooperative security framework for South Asia, prospects for stability and growth in South Asia, exploring regional perceptions, role of media in promoting regional understanding in South Asia, culture as a factor in regional cooperation, strengthening connectivity in South Asia, and non-traditional security challenges in South Asia. The varied themes reflect the different concerns of member countries of South Asia, which have enabled these countries to pursue respective national interests within the framework of regional cooperation. All members of SAARC and (A) participated in the 2020 conference. Members of the South Asian Association for Regional Cooperation (SAARC) countries were called for cooperation to end terrorism.
Source: www.idsa.in
Question 6
On March 28, the PM CARES Fund, was set up to tackle distress situations such as that posed by the COVID-19 pandemic. In one-and- a-half months, the fund has raked in thousands of crores worth of donations including unlimited tax-free contributions from major corporates. The fund receives voluntary contributions from individuals and organisations and does not get any budgetary support. Donations have been made tax-exempt, and can be counted against a company’s Corporate Social Responsibility (CSR) obligations. It is also exempt from the”A”, and accepts foreign contributions, although the Centre has previously refused foreign aid to deal with disasters such as the Kerala floods. The Prime Minister chairs the fund in his official capacity, and can nominate three eminent persons in relevant fields to the Board of Trustees. Any person appointed a Trustee shall act in a pro bono capacity. The Ministers of Defence, Home Affairs and Finance are ex-officio Trustees of the FunD. The Prime Minister’s National Relief Fund (PMNRF) was set up in January 1948, originally to accept public contributions for the assistance of “B”. It is now used to provide immediate relief to the families of those killed in natural calamities and the victims of major accidents and riots and support medical expenses for acid attack victims and others.
The PMNRF was originally managed by a committee which included the Prime Minister and his deputy, the Finance Minister, the Congress President, a representative of the Tata Trustees and an industry representative. However, in 1985, the committee entrusted the entire management of the fund to the “C”, who currently has sole discretion for fund disbursal. A joint secretary in the PMO administers the fund on an honorary basis. As of December 2019, the PMNRF had an unspent balance of ₹3,800 crore in its corpus. Opposition leaders have questioned the need for a new PM CARES Fund, given that the PMNRF has similar objectives. States also have similar Chief Minister’s Relief Funds, and State governments have appealed for donations noting that they bear the major burden of implementing COVID-19 relief operations.
What is the full form of “PM CARES”, mentioned in the passage?
Question 7
On March 28, the PM CARES Fund, was set up to tackle distress situations such as that posed by the COVID-19 pandemic. In one-and- a-half months, the fund has raked in thousands of crores worth of donations including unlimited tax-free contributions from major corporates. The fund receives voluntary contributions from individuals and organisations and does not get any budgetary support. Donations have been made tax-exempt, and can be counted against a company’s Corporate Social Responsibility (CSR) obligations. It is also exempt from the”A”, and accepts foreign contributions, although the Centre has previously refused foreign aid to deal with disasters such as the Kerala floods. The Prime Minister chairs the fund in his official capacity, and can nominate three eminent persons in relevant fields to the Board of Trustees. Any person appointed a Trustee shall act in a pro bono capacity. The Ministers of Defence, Home Affairs and Finance are ex-officio Trustees of the FunD. The Prime Minister’s National Relief Fund (PMNRF) was set up in January 1948, originally to accept public contributions for the assistance of “B”. It is now used to provide immediate relief to the families of those killed in natural calamities and the victims of major accidents and riots and support medical expenses for acid attack victims and others.
The PMNRF was originally managed by a committee which included the Prime Minister and his deputy, the Finance Minister, the Congress President, a representative of the Tata Trustees and an industry representative. However, in 1985, the committee entrusted the entire management of the fund to the “C”, who currently has sole discretion for fund disbursal. A joint secretary in the PMO administers the fund on an honorary basis. As of December 2019, the PMNRF had an unspent balance of ₹3,800 crore in its corpus. Opposition leaders have questioned the need for a new PM CARES Fund, given that the PMNRF has similar objectives. States also have similar Chief Minister’s Relief Funds, and State governments have appealed for donations noting that they bear the major burden of implementing COVID-19 relief operations.
1. The term generally applies to companies efforts that go beyond what may be required by regulators or environmental protection groups.
2. All companies with a net worth of Rs 500 crore or more, turnover of Rs 1,000 crore or more, or net profit of Rs 5 crore or more are required to spend 2% of their average profit of the previous three years on CSR activities every year.
3. CSR is described under Companies Act, 2013 .
4. The CSR Committee will consist of four Directors, who shall meet at least twice in a year to discuss and review the CSR activities and policy.
Options:
Question 8
On March 28, the PM CARES Fund, was set up to tackle distress situations such as that posed by the COVID-19 pandemic. In one-and- a-half months, the fund has raked in thousands of crores worth of donations including unlimited tax-free contributions from major corporates. The fund receives voluntary contributions from individuals and organisations and does not get any budgetary support. Donations have been made tax-exempt, and can be counted against a company’s Corporate Social Responsibility (CSR) obligations. It is also exempt from the”A”, and accepts foreign contributions, although the Centre has previously refused foreign aid to deal with disasters such as the Kerala floods. The Prime Minister chairs the fund in his official capacity, and can nominate three eminent persons in relevant fields to the Board of Trustees. Any person appointed a Trustee shall act in a pro bono capacity. The Ministers of Defence, Home Affairs and Finance are ex-officio Trustees of the FunD. The Prime Minister’s National Relief Fund (PMNRF) was set up in January 1948, originally to accept public contributions for the assistance of “B”. It is now used to provide immediate relief to the families of those killed in natural calamities and the victims of major accidents and riots and support medical expenses for acid attack victims and others.
The PMNRF was originally managed by a committee which included the Prime Minister and his deputy, the Finance Minister, the Congress President, a representative of the Tata Trustees and an industry representative. However, in 1985, the committee entrusted the entire management of the fund to the “C”, who currently has sole discretion for fund disbursal. A joint secretary in the PMO administers the fund on an honorary basis. As of December 2019, the PMNRF had an unspent balance of ₹3,800 crore in its corpus. Opposition leaders have questioned the need for a new PM CARES Fund, given that the PMNRF has similar objectives. States also have similar Chief Minister’s Relief Funds, and State governments have appealed for donations noting that they bear the major burden of implementing COVID-19 relief operations.
Question 9
On March 28, the PM CARES Fund, was set up to tackle distress situations such as that posed by the COVID-19 pandemic. In one-and- a-half months, the fund has raked in thousands of crores worth of donations including unlimited tax-free contributions from major corporates. The fund receives voluntary contributions from individuals and organisations and does not get any budgetary support. Donations have been made tax-exempt, and can be counted against a company’s Corporate Social Responsibility (CSR) obligations. It is also exempt from the”A”, and accepts foreign contributions, although the Centre has previously refused foreign aid to deal with disasters such as the Kerala floods. The Prime Minister chairs the fund in his official capacity, and can nominate three eminent persons in relevant fields to the Board of Trustees. Any person appointed a Trustee shall act in a pro bono capacity. The Ministers of Defence, Home Affairs and Finance are ex-officio Trustees of the FunD. The Prime Minister’s National Relief Fund (PMNRF) was set up in January 1948, originally to accept public contributions for the assistance of “B”. It is now used to provide immediate relief to the families of those killed in natural calamities and the victims of major accidents and riots and support medical expenses for acid attack victims and others.
The PMNRF was originally managed by a committee which included the Prime Minister and his deputy, the Finance Minister, the Congress President, a representative of the Tata Trustees and an industry representative. However, in 1985, the committee entrusted the entire management of the fund to the “C”, who currently has sole discretion for fund disbursal. A joint secretary in the PMO administers the fund on an honorary basis. As of December 2019, the PMNRF had an unspent balance of ₹3,800 crore in its corpus. Opposition leaders have questioned the need for a new PM CARES Fund, given that the PMNRF has similar objectives. States also have similar Chief Minister’s Relief Funds, and State governments have appealed for donations noting that they bear the major burden of implementing COVID-19 relief operations.
1. To undertake and support relief or assistance of any kind relating to a public health emergency or any other kind of emergency, calamity or distress, either man-made or natural, including the creation or upgradation of healthcare or pharmaceutical facilities, other necessary infrastructure, funding relevant research or any other type of support.
2. To render financial assistance, provide grants of payments of money or take such other steps as may be deemed necessary by the Board of Trustees to the affected population.
3. To undertake any other activity, which is not inconsistent with the above Objects.
4. To support State Govt. by providing financial assistant to CM Relief Funds.
Options:
Question 10
On March 28, the PM CARES Fund, was set up to tackle distress situations such as that posed by the COVID-19 pandemic. In one-and- a-half months, the fund has raked in thousands of crores worth of donations including unlimited tax-free contributions from major corporates. The fund receives voluntary contributions from individuals and organisations and does not get any budgetary support. Donations have been made tax-exempt, and can be counted against a company’s Corporate Social Responsibility (CSR) obligations. It is also exempt from the”A”, and accepts foreign contributions, although the Centre has previously refused foreign aid to deal with disasters such as the Kerala floods. The Prime Minister chairs the fund in his official capacity, and can nominate three eminent persons in relevant fields to the Board of Trustees. Any person appointed a Trustee shall act in a pro bono capacity. The Ministers of Defence, Home Affairs and Finance are ex-officio Trustees of the FunD. The Prime Minister’s National Relief Fund (PMNRF) was set up in January 1948, originally to accept public contributions for the assistance of “B”. It is now used to provide immediate relief to the families of those killed in natural calamities and the victims of major accidents and riots and support medical expenses for acid attack victims and others.
The PMNRF was originally managed by a committee which included the Prime Minister and his deputy, the Finance Minister, the Congress President, a representative of the Tata Trustees and an industry representative. However, in 1985, the committee entrusted the entire management of the fund to the “C”, who currently has sole discretion for fund disbursal. A joint secretary in the PMO administers the fund on an honorary basis. As of December 2019, the PMNRF had an unspent balance of ₹3,800 crore in its corpus. Opposition leaders have questioned the need for a new PM CARES Fund, given that the PMNRF has similar objectives. States also have similar Chief Minister’s Relief Funds, and State governments have appealed for donations noting that they bear the major burden of implementing COVID-19 relief operations.
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