[Mission 2022] Insta– QUED ( Questions from Editorials ) 27 January 2022 – INSIGHTSIAS

Solution: c)

What Is Inflation Targeting?

1. Inflation targeting is a central banking policy that revolves around adjusting monetary policy to achieve a specified annual rate of inflation.
2. The principle of inflation targeting is based on the belief that long-term economic growth is best achieved by maintaining price stability, and price stability is achieved by controlling inflation.
3. As a strategy, inflation targeting views the primary goal of the central bank as maintaining price stability.

Solution: c)

Toxins in water produced by cyanobacteria killed more than 300 elephants in Botswana.

Cyanobacteria are microscopic organisms common in water and sometimes found in soil. Not all produce toxins but scientists say toxic ones are occurring more frequently as climate change drives up global temperatures.

Some cyanobacterial blooms can harm people and animals and scientists are concerned about their potential impact as climate change leads to warmer water temperatures, which many cyanobacteria prefer.

Solution: b)

A space station is essentially a large spacecraft that remains in low-earth orbit for extended periods of time. It is like a large laboratory in space, and allows astronauts to come aboard and stay for weeks or months to carry out experiments in microgravity.

The Mir space station of the former Soviet Union, and later operated by Russia, was functional from 1986 to 2001. The ISS has been in space since 1998, and has been known for the exemplary cooperation between the five participating space agencies that have been running it: NASA (United States), Roscosmos (Russia), JAXA (Japan), ESA (Europe), and CSA (Canada).

The ownership and use of the space station is established by intergovernmental treaties and agreements.

Solution:  c)

The BIMSTEC member states – Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka, and Thailand.

Solution: d)

Elections bring the Election Commission of India (ECI) into sharp focus as this constitutional body superintends, directs and controls the conduct of elections.

It is the constitutional duty of the ECI to ensure that the elections held are free and fair.

The chief election commissioner and the two other election commissioners have equal powers and receive equal salary, allowances and other perquisites, which are similar to those of a judge of the Supreme Court. In case of difference of opinion amongst the Chief election commissioner and/or two other election commissioners, the matter is decided by the Commission by majority.