[MISSION 2022] INSIGHTS CURRENT AFFAIRS ( 11 April 2022 ) REVISION THROUGH MCQS – INSIGHTSIAS

Ans: (a)

Explanation: About Guru Nabha Dass:

• Born on: April 8, 1537.
• Born at village Bhadrachalam on the bank of Godavari river in Khammam district, which falls in the present day Telangana.
• Belonged to Mahasha also known as doom or dumna community, which is one of the Schedule Caste communities.
• Religious gurus — Agar Dass and Keel Dass.
• People from this community are also known as Nabhadassias. They are known for making baskets and grain storage containers with bamboo.
• Guru Nabha Dass wrote ‘Bhagatmal’ in 1585. It has the life history of around 200 saints.

Refer: https://www.insightsonindia.com/2022/04/11/guru-nabha-dass/

Ans: (b)

Explanation:

• About the scheme:
  • The scheme is being implemented by the Ministry of Social Justice and Empowerment from the year 2020-21.
  • Eligibility: Marginalized persons of SC, OBC, Economically Backward Classes, De-notified tribes, Sanitation workers including waste pickers, manual scavengers, transgenders and other similar categories.
• Key Features of the Scheme:
  • Training free of cost for the trainees, 100% grants by Government.
  • Stipend of Rs.1,000/- to Rs.1,500/- per month per trainee for trainees having 80% and above attendance in short term and long term training.
  • Wage compensation @ Rs.3000/- per trainee (Rs.2500/- as per PM-DAKSH and Rs.500/- as per Common Cost Norms for trainees having 80% and above attendance in Reskilling/Up-skilling.
  • Trained candidates will be provided certification after successful completion of training and assessment.
  • Trained candidates will be provided placement after assessment and certification.

Refer: https://www.insightsonindia.com/2022/04/11/pradhan-mantri-dakshta-aur-kushalta-sampann-hitgrahi-pm-daksh-yojana-2/

Ans: (d)

Explanation:

• The Security Council has primary responsibility for the maintenance of international peace and security. It has 15 Members, and each Member has one vote. Under the Charter of the United Nations, all Member States are obligated to comply with Council decisions.
• The Security Council takes the lead in determining the existence of a threat to the peace or act of aggression. It calls upon the parties to a dispute to settle it by peaceful means and recommends methods of adjustment or terms of settlement. In some cases, the Security Council can resort to imposing sanctions or even authorize the use of force to maintain or restore international peace and security.

Refer: https://www.insightsonindia.com/2022/04/11/un-reforms/

Ans: (d)

Explanation:

• The year 2022 marks the 100th birthday of Nobel Prize-winning chemist Har Gobind Khorana.
• Born:January 9, 1922, Raipur, India [now Raipur, Pakistan].
• Research and Contribution:He began research on nucleic acids during a fellowship at the University of Cambridge (1951) under Sir Alexander Todd.
  • He made another contribution to genetics in 1970 when he and his research team were able to synthesize the first artificial copy of a yeast gene.
  • His later research explored the molecular mechanisms underlying the cell signalling pathways of vision in vertebrates.
  • His studies were concerned primarily with the structure and function of rhodopsin, a light-sensitive protein found in the retina of the vertebrate eye.
  • He also investigated mutations in rhodopsin that are associated with retinitis pigmentosa, which causes night blindness.
• Awards:He shared the 1968 Nobel Prize for Physiology or Medicine with Marshall W. Nirenberg and Robert W. Holley for research that helped to show how the nucleotides in nucleic acids, which carry the genetic code of the cell, control the cell’s synthesis of proteins.
  • In addition to the Nobel Prize, Khorana received the Albert Lasker Basic Medical Research Award (1968) and the National Medal of Science (1987).
  • The Indian government awarded Khorana the Padma Vibhushan in 1969.

Refer: facts for prelims: https://www.insightsonindia.com/2022/04/11/mission-2022-insights-daily-current-affairs-pib-summary-11-april-2022/

Ans: (c)

Explanation: Standing Deposit Facility

• The standing deposit facility allows the RBI to absorb excess cash from the economy by sucking liquidity from commercial banks without giving government securities in return to the lenders. The RBI has fixed the SDF rate at 3.75 per cent.
  • Under the SDF, the banks can place deposits with the RBI on an overnight basis. The RBI, however, retains the flexibility to absorb liquidity for longer tenors under the SDF with appropriate pricing, as and when the need arises. All liquidity adjustment facility (LAF) participants will be eligible to participate in the SDF scheme, according to the RBI’s website.
• SDF vs Reverse Repo
  • Both SDF and reverse repo rate are used by the central bank to absorb liquidity in the system. The difference is that through reverse repo operations, the RBI needs to deposit collateral or government securities to borrow from commercial banks; while SDF does not require any such collateral.

Refer: facts for prelims: https://www.insightsonindia.com/2022/04/11/mission-2022-insights-daily-current-affairs-pib-summary-11-april-2022/