[Mission 2022] Insta– QUED ( Questions from Editorials ) 16 May 2022 – INSIGHTSIAS

Solution: d)

The government had launched the Pradhan Mantri Awas Yojana (Urban) on June 25, 2015, to provide pucca houses to all eligible beneficiaries by 2022.

The scheme has four verticals: “In-situ” Slum Redevelopment (ISSR); Credit Linked Subsidy Scheme (CLSS); Affordable Housing in Partnership (AHP) and Beneficiary-led individual house construction/enhancements (BLC).

Source

Solution: b)

The Treaty on the Prohibition of Nuclear Weapons (TPNW), or the Nuclear Weapon Ban Treaty, is the first legally binding international agreement to comprehensively prohibit nuclear weapons with the ultimate goal being their total elimination. It was adopted on 7 July 2017, opened for signature on 20 September 2017, and entered into force on 22 January 2021.

For those nations that are party to it, the treaty prohibits the development, testing, production, stockpiling, stationing, transfer, use and threat of use of nuclear weapons, as well as assistance and encouragement to the prohibited activities. For nuclear armed states joining the treaty, it provides for a time-bound framework for negotiations leading to the verified and irreversible elimination of its nuclear weapons programme.

69 nations did not vote, among them all of the nuclear weapon states and all NATO members except the Netherlands.

Solution: b)

Electoral Bond is a financial instrument for making donations to political parties.

State Bank of India is authorised to issue and encash these bonds, which are valid for fifteen days from the date of issuance.

These bonds are redeemable in the designated account of a registered political party. The bonds are issued in multiples of Rs. 1,000, Rs. 10,000, Rs. 1 lakh, Rs. 10 lakh and Rs. 1 crore without any maximum limit.

The bonds are available for purchase by any person (who is a citizen of India or incorporated or established in India) for a period of ten days each in the months of January, April, July and October as may be specified by the Central Government.

Statement 3 is wrong.

Solution: b)

MSP can be anything that the government considers that the farmers should fairly get. This is to help them get fair remuneration for their produce and to motivate or demotivate them to produce a particular crop. Hence it can be either lower or higher than the market price. For e.g. if the government wishes to discourage rice farming, it would lower the MSP of rice.

The procurement system decentralization was started in 1997 where states play a very important role in the supply chain. Not all procurements are done by FCI. State cooperative agencies and other state-level distribution agencies also play a crucial role.

Solution: b)

By definition, cooperatives are organisations formed at the grassroots level by people to harness the power of collective bargaining towards a common goal.

The history of cooperative societies dates back to the pre-Independence era, in response to the agrarian distress and overall indebtedness.

In agriculture, cooperative dairies, sugar mills, spinning mills etc are formed with the pooled resources of farmers who wish to process their produce. In banking and finance, cooperative institutions are spread across rural and urban areas. There are also cooperative marketing societies in rural areas and cooperative housing societies in urban areas.

Amul is a successful example of a dairy cooperative society.

Agriculture and cooperation are in the state list, which means state governments can govern them. A majority of the cooperative societies are governed by laws in their respective states.