Prelims Power Play 17 November 2022

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This quiz contains 5 questions and each contains 1 points.

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1. India recently released its Long-Term Low Emissions Development Strategies (LT-LEDS). Which of the following is a part of the strategy

  1. carbon sequestration in forest
  2. Use of electric Vehicle
  3. Increased use of biofuels
  4. Incentivizing Energy efficiency
  5. Reducing agriculture emission

Select the correct answer?

 
 
 
 

2. Agricultural activities from crops and livestock production release significant amounts of non-CO2 Green House Gas emissions. Which of the following emissions are as a result of agriculture activities

 
 
 
 

3. Consider the following statements

  1. A patent is an exclusive monopoly granted by a government to an inventor for a pre-specified time.
  2. India became a significant producer of generic drugs at global scale because it recognised product patent ever since the Indian Patent Act, 1970 was enforced.
  3. Process Patents were introduced as part of the Patents (Amendment) Act, 2005.
  4. Indian Patents Act, 2005 allows evergreen of patents to increase the affordability of drugs.

Which of the statements given above is/are correct?

 
 
 
 

4. Consider the following regarding Financial Stability and Development Council (FSDC)

  1. It is a statutory body responsible for inter-regulatory coordination and monitoring macro-prudential regulation of the economy.
  2. It is chaired by the RBI governor
  3. It has a dedicated emergency fund to stimulate the economy during economic recession.
  4. It releases Financial Stability Report every quarter.

Which of the above statements is/are incorrect?

 
 
 
 

5. Consider the following

  1. NITI Aayog
  2. Law Commission
  3. Economic Advisory Council to the Prime Minister of India (PMEAC)
  4. Delimitation Commission

How many of the above bodies are statutory bodies?