DAILY CURRENT AFFAIRS QUIZ – 19 October 2024

Ans. a

Explanation:

India intends to boost the utilization of renewable energy by investing in energy storage technologies such as batteries and pumped storage. The plan outlines government incentives, future targets for storage capacity, and underscores the significance of implementing new technologies and policies to facilitate this expansion.

Statement 2 is incorrect: The key benefit of BESS lies in its capacity to store surplus electricity generated from renewable sources such as solar and wind. By offering storage solutions, BESS can contribute to grid stabilization, enhance the dependability of renewable energy, and facilitate the integration of a greater amount of renewable energy into the grid.

Ans. a

Explanation:

The government of the Himachal Pradesh state is reevaluating the boundaries of the eco-sensitive zone surrounding Pong Dam. This initiative aims to tackle issues faced by the local population and promote agricultural activities, particularly during periods of low water levels.

Ans. a

Explanation:

Statement 2 is incorrect: This year, six tiger reserves have achieved accreditation under Conservation Assured Tiger Standards (CA|TS), bringing the total number of accredited reserves in the country to 23—an achievement worth noting.

Statement 3 is incorrect: Despite the annual positive growth rate of 6% in India’s wild tiger population, persistent challenges include issues like poaching and habitat fragmentation. The National Tiger Conservation Authority (NTCA) is actively involved in collaborative initiatives with Forest Departments to tackle these challenges and ensure the protection of vital habitats and corridors for the flourishing tiger population.

Ans. a

Explanation:

Statement 2 is incorrect: The coordination of the portal will be a joint effort led by the Indian Council of Medical Research (ICMR) and the Central Drugs Standard Control Organisation (CDSCO), with oversight from NITI Aayog’s Atal Innovation Mission.

Ans. b

Explanation:

• Factor cost comprises payments to factors of production such as land, labor, capital, and entrepreneurship, excluding taxes.
• It encompasses payments for raw materials and wages for labor in the production of goods.
• Market prices are derived by adding total indirect taxes and subtracting total subsidies from the factor cost.
• Basic prices fall in between, including production taxes (minus production subsidies) but not product taxes (minus product subsidies).
• To obtain market prices, product taxes (minus product subsidies) must be added to basic prices.