[Mission 2022] Insta– QUED ( Questions from Editorials ) 29 March 2022 – INSIGHTSIAS

Solution: b)

Public debt is the total amount, including total liabilities, borrowed by the government to meet its development budget. It has to be paid from the Consolidated Fund of India. The term is also used to refer to overall liabilities of central and state governments, but the Union government clearly distinguishes its debt liabilities from the states’.

Internal debt constitutes over 90 per cent of the overall public debt.

The sources of public debt are dated government securities (G-Secs), treasury bills, external assistance, and short-term borrowings.

According to the Reserve Bank of India Act, 1934, the RBI is both the banker and public debt manager for the government. 

Solution: c)

Wildlife Crime Control Bureau is a statutory multi-disciplinary body established by the Government of India under the Ministry of Environment and Forests, to combat organized wildlife crime in the country. It was established under the Wild Life Protection Act, 1972.

Under Section 38 (Z) of the Wild Life (Protection) Act, 1972, 

• it is mandated to collect and collate intelligence related to organized wildlife crime activities and to disseminate the same to State and other enforcement agencies for immediate action so as to apprehend the criminals; 
• to establish a centralized wildlife crime data bank; 
• co-ordinate actions by various agencies in connection with the enforcement of the provisions of the Act; 
• assist foreign authorities and international organization concerned to facilitate co-ordination and universal action for wildlife crime control; 
• capacity building of the wildlife crime enforcement agencies for scientific and professional investigation into wildlife crimes and assist State Governments to ensure success in prosecutions related to wildlife crimes; and 
• advise the Government of India on issues relating to wildlife crimes having national and international ramifications, relevant policy and laws.
• It also assists and advises the Customs authorities in inspection of the consignments of flora & fauna as per the provisions of Wild Life Protection Act, CITES and EXIM Policy governing such an item.

Solution: a)

The currency deposit ratio shows the amount of currency that people hold as a proportion of aggregate deposits. 

An increase in cash deposit ratio leads to a decrease in money multiplier. An increase in deposit rates will induce depositors to deposit more, thereby leading to a decrease in Cash to Aggregate Deposit ratio. This will in turn lead to a rise in Money Multiplier.

Solution: d)

Seasonal unemployment occurs when people are unemployed at certain times of the year, because they work in industries where they are not needed all year round. Examples of industries where demand, production and employment are seasonal include tourism and leisure, farming and construction.

Solution: a)

Benefits of wastes to energy plants:

• In terms of volume, usually waste-to-energy plants incinerate 80 to 90 percent of waste, thus helping large cities from choking due to unmanageable waste.
• Waste to energy generates clean, reliable energy from a renewable fuel source, thus reducing dependence on fossil fuels, the combustion of which is a major contributor to Greenhouse Gas (GHG) emissions.
• Sometimes, the residue ash is clean enough to be used for some purposes such as raw materials for use in manufacturing cinder blocks or for road construction.
• Some waste-to-energy plants convert salt water to potable fresh water as a by-product of cooling processes.
• Waste-to-energy plants cause less air pollution than coal plants.
• It is carbon-negative – processing waste into biofuel releases considerably less carbon and methane into the air than having waste decay away in landfills or the lake.