GK Quiz | 20 May 2020

1. Which of the following is true about the Forest Rights Act 2006?

1. The act recognizes only the dwelling rights of forest dwellers in the protected forests.
2. The dwellers are given right of land ownership upto a maximum of 4 hectares.

Select the correct answer from the codes given below:

1. 1 only
2. 2 only
3. Both 1 and 2
4. Neither 1 nor 2

Ans. B

Explanation

Forest Rights Act, 2006 aims to provide the dwelling and forest use rights to the scheduled tribes and other forest dwellers.

Forest areas include common forest land within the traditional boundary of a village or seasonal use of landscape in case of pastoral communities, national parks, wildlife sanctuary, or other protected areas. It also includes unclassified, undemarcated, existing, or deemed forests.

It covers both dwelling rights and forest use rights. Land of the maximum area of 4 hectares is entitled to the dwellers and the allocation is done by the gram sabha.

According to the act, ‘Other traditional forest dwellers’ means any member or community who has for at least three generations prior to 13^th December 2005 primarily resided in and who depend on the forest or forest land for bona fide livelihood needs.

Hence, the correct answer is B.

 

2. Which of the following is true about the Goldman Environmental Prize?

1. The prize is called the Green Nobel.
2. The award is given to activists who have worked at the grass-root level.
3. Medha Patkar from India is a recipient of this award.

Select the correct answer from the codes given below:

1. 1,2 and 3
2. 1 and 2
3. 2 only
4. 2 and 3

Ans. A

Explanation

The Goldman Environmental Prize is an environmental award given to the activists and individuals who work at the grass-root level for the conservation of the environment. The Goldman Environmental Foundation presents this award annually.

It is also called the Green Nobel Prize.

Until now 6 Indians have been awarded the award and Medha Patekar is one of them. Medha Patkar has been working on defending the political and economic rights of tribal communities in Western India. She was the founder of Narmada Bachao Andolan.

Hence, the correct answer is A.

 

3. Which of the following is true about Mt Harriet National Park?

1. Mount Harriet National Park is in South Andaman.
2. The saltwater crocodiles are found here.
3. Both evergreen and mixed deciduous forests are found here.

Select the correct answer from the codes given below:

1. 1,2 and 3
2. 1 and 3
3. 1 and 2
4. 2 and 3

Ans. A

Explanation

Mount Harriet National Park is a national park in South Andaman and is located near Port Blair. Mount Harriet, the 3^rd largest peak in Andaman and Nicobar, is a part of this park. The national park is marked by evergreen, mixed deciduous plants along with fauna like the saltwater crocodile, wild Andamanese pig, etc. It is also famous as a butterfly hotspot. The park has a humid climate due to its nearness to the equator.

Hence, the correct answer is A.

 

4. Which of the following is true about Aksai Chin?

1. The line separating Aksai Chin from India administered Ladakh is called Line of Actual Control.
2. The construction of the highway in Aksai Chin was one of the reasons for the Indo-China war.
3. Aksai Chin is a cold desert with no river flowing through this region.

Select the correct answer from the codes given below:

1. 1,2 and 3
2. 1 and 3
3. 1 and 2
4. 2 and 3

Ans. A

Explanation

Aksai Chin, considered the easternmost part of Ladakh but administered by China, is the main point of contention between India and China. It is a cold desert with sodic soil and Karakash river. According to Jhonsons’demarcation in 1865, Aksai Chin is a part of Kashmir but China does not consider this as at the time of demarcation China was not a party to it. In the 1950s, it constructed a highway connecting Tibet and Xingxiang province through the region. This was opposed to India and was one of the reasons for the Indo- China war in 1962.

(Source: BBC)

Hence, the correct answer is A.

 

5. Which of the following is true about the Partial Credit Guarantee Scheme?

1. It involves the purchase of assets of NBFCs/HFCs which are under a huge burden of NPAs.
2. It is a one-time partial credit guarantee scheme.
3. Both statements are true.
4. None of the statements is true.

Ans. B

Explanation

The Partial Credit Guarantee scheme is under the Ministry of Finance and under this scheme, the Public Sector banks can purchase high rated pooled assets from financially sound NBFC and Housing Finance Companies.

It seeks to resolve the assets- liability mismatch of the solvent NBFC/HFCs. Thus, it aims to avoid distress sale. The scheme provides one-time credit guarantee support. The government under this scheme provides guarantee till the first loss of 10% of the fair value of the assets being purchased by the banks or up to INR 10,000 whichever is lesser.

Hence, the correct answer is B.