UPSC Current Affairs Quiz - 29/04/2021

Consider the following statements regarding Agriculture Infrastructure Fund (AIF):

1) AIF is a medium - long term debt financing facility for investment in viable projects for post-harvest management infrastructure and community farming assets.

2) Under the scheme, Rs. 10 Lakh Crore will be provided by banks and financial institutions as loans.

3) Eligible beneficiaries include farmers, Primary Agricultural Credit Societies (PACS) and agri-entrepreneurs only.

Which of the above statements is/are correct?

Consider the following statements with regards to a recent report on trends in global military expenditure in 2020:

1) This report is published by Sweden based Stockholm International Peace Research Institute (SIPRI).

2) As per the report, China is the world’s top military spender with total spending of $778 billion.

3) India’s spending has increased by 4.4 percent since 2019

Which of the above statements is/are incorrect?

Consider the following statements with regards to ‘Ct Value’ in RT-PCR Test:

1) Ct value refers to the number of cycles after which the virus can be detected.

2) Ct value is inversely correlated with viral load, it does not have any bearing on the severity of the disease.

3) All patients with a Ct value less than 25 may be considered as positive while those with a Ct value above 25 may be considered as negative.

Which of the above statements is/are correct?

Consider the following statements regarding Middle East Green Initiative:

1) Under this initiative, the Gulf Cooperation Council countries except Saudi Arabia will plant an around 40 billion trees in the West Asian region and reduce 2.5% of global carbon levels.

2) Saudi Arabia has launched ‘The Saudi Green Initiative’ under which it aims to reduce carbon emissions by more than 4% of global contributions.

Which of the above statements is/are correct?

Consider the following statements with regards to SEBI’s new framework on provisional debt rating:

1) Under the framework, all provisional ratings for debt instruments need to be prefixed as ‘provisional’ before the rating symbol in all communications.

2) Rating will be considered provisional in cases where certain compliances that are crucial to the assignment of credit rating are yet to be complied with or certain documentations remain to be executed at the time of rating.

3) Provisional rating will be converted into a final rating within 60 days from the date of issuance of the instrument.

Which of the above statements is/are correct?