[Mission 2022] QUIZ – 2021: Insights Current Affairs Quiz , 9 March 2022 – INSIGHTSIAS

Solution: a)

Countries carry out anti-dumping probes to determine whether their domestic industries have been hurt because of a surge in cheap imports.

As a counter measure, they impose duties under the multilateral regime of the World Trade Organization (WTO).

Dumping is a process wherein a company exports a product at a price that is significantly lower than the price it normally charges in its home (or its domestic) market.

Directorate General of Trade Remedies (DGTR) conducts anti-dumping investigations, under the Customs Tariff Act, 1975 and the rules made thereunder, on the basis of a duly substantiated application filed by the domestic industry alleging dumping of goods into the country causing injury to the domestic industry. The basic intent of anti-dumping measures is to eliminate injury caused to the domestic industry by the unfair trade practice of dumping and to create a level playing field for the domestic industry.

Solution: a)

Permafrost is any ground that remains completely frozen—32°F (0°C) or colder—for at least two years straight. These permanently frozen grounds are most common in regions with high mountains and in Earth’s higher latitudes—near the North and South Poles.

Permafrost covers large regions of the Earth. Almost a quarter of the land area in the Northern Hemisphere has permafrost underneath. Although the ground is frozen, permafrost regions are not always covered in snow.

Most permafrost is located in high latitudes (in and around the Arctic and Antarctic regions), but at lower latitudes alpine permafrost occurs at higher elevations.

It can also be located in the Southern Hemisphere, just on mountain tops. Permafrost frequently occurs in ground ice, but it also can be presented in non-porous bedrock. Permafrost is formed from ice holding all different sorts of soil, sand, and rock combination together.

There is approximately twice as much carbon in permafrost than is currently in the Earth’s atmosphere.

Solution: a)

Every decision of the Goods and Services Tax Council shall be taken at a meeting, by a majority of not less than three-fourths of the weighted votes of the members present and voting, in accordance with the following principles, namely: —
the vote of the Central Government shall have a weightage of one third of the total votes cast, and

the votes of all the State Governments taken together shall have a weightage of two-thirds of the total votes cast, in that meeting.

Solution: b)

The UN has an elaborate system of imposing sanctions on member countries for not complying with UN resolutions. The UN Security Council is authorised to take action under Chapter VII of the UN Charter. Under Article 41, the sanctions cover a broad range from economic and trade sanctions to targeted measures like arms embargoes, travel bans, and financial or commodity restrictions.

According to the UN website, “The Security Council has applied sanctions to support peaceful transitions, deter non-constitutional changes, constrain terrorism, protect human rights and promote non-proliferation”.

Solution: c)

Andhra Pradesh, Bihar, Karnataka, Maharashtra, Telangana and UP have a legislative council.