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Feb 29, 2024 IASbaba's Daily Current Affairs

Archives (PRELIMS & MAINS Focus)   Kasu Brahmananda Reddy National Park Syllabus Prelims – Current event Context: Hyderabad Nizam’s personal petrol pump was found inside  KBR National Park Background:- The revelation sheds light on the park’s rich history.Previously under the possession of the Nizam of Hyderabad, the area was later acquired by the government under the Urban Land Ceiling Act. However, a portion of 2.40 hectares was permitted to be retained by the Nizam. About Kasu Brahmananda Reddy National Park:-   Kasu Brahmananda Reddy National Park is a national park located in Jubilee Hills and Banjara Hills in Hyderabad, Telangana, India. The park provides an excellent lung space and environment from the busy city life and rising pollution levels. Some of the animals making their home in the park include: pangolin, small Indian civet, peacock, jungle cat and porcupines. It was declared as a National park by the Andhra Pradesh state government after getting approval from the central government in the year 1998. Other national parks in Telangana state are Mahavir Harina Vanasthali National Park and Mrugavani National Park. Source: Wikipedia The Raman Effect Syllabus Prelims and Mains – Science Context: February 28th is celebrated as national science day Background: In 1986, the Government of India, under then Prime Minister Rajiv Gandhi, designated February 28 as National Science Day to commemorate the announcement of the discovery of the “Raman Effect”. About Raman Effect While passing through the Mediterranean Sea, Raman was most fascinated by the sea’s deep blue colour. Dissatisfied with the then-accepted answer (“the colour of the sea was just a reflection of the colour of the sky”), his curious mind delved deeper. He soon found out that the colour of the sea was the result of the scattering of sunlight by the water molecules. Fascinated by the phenomenon of light-scattering, Raman and his collaborators in Calcutta began to conduct extensive scientific experiments on the matter – experiments that would eventually lead to his eponymous discovery. Simply put, the Raman Effect refers to the phenomenon in which when a stream of light passes through a liquid, a fraction of the light scattered by the liquid is of a different colour. This happens due to the change in the wavelength of light that occurs when a light beam is deflected by molecules. In general, when light interacts with an object, it can either be reflected, refracted or transmitted.One of the things that scientists look at when light is scattered is if the particle it interacts with is able to change its energy. The Raman Effect is when the change in the energy of the light is affected by the vibrations of the molecule or material under observation, leading to a change in its wavelength. In their first report to Nature, titled “A New Type of Secondary Radiation,” CV Raman and co-author KS Krishnan wrote that 60 different liquids had been studied, and all showed the same result – a tiny fraction of scattered light had a different colour than the incident light. “It is thus,” Raman said, “a phenomenon whose universal nature has to be recognised.” CV Raman’s discovery took the world by storm as it had deep implications far beyond Raman’s original intentions. As Raman himself remarked in his 1930 Nobel Prize speech, “The character of the scattered radiations enables us to obtain an insight into the ultimate structure of the scattering substance.” The discovery would also find its use in chemistry, giving birth to a new field known as Raman spectroscopy as a basic analytical tool to conduct nondestructive chemical analysis for both organic and inorganic compounds. With the invention of lasers and the capabilities to concentrate much stronger beams of light, the uses of Raman spectroscopy have only ballooned over time. Today, this method has a wide variety of applications, from studying art and other objects of cultural importance in a non-invasive fashion to finding drugs hidden inside luggage at customs. Source: Indian Express Seaweed Syllabus Prelims and Mains – Environment Context: Recently, the National Conference on the Promotion of Seaweed Cultivation was held in Koteshwar (Kori Creek), Kutch, Gujarat. Background: It’s a first national conference on seaweed cultivation which is an alternate for employment generation of seaweed products as it diversifies marine production and its opportunities for enhancing fish farmer income, reduces reliance on traditional fishing, and diversifies coastal communities’ livelihoods. What are Seaweeds? The Seaweeds are macroscopic, multicellular, marine algae. They come in a variety of coluors, including red, green, and brown. They are referred to as the ‘Medical Food of the 21st Century’. Seaweeds are found mostly in the intertidal region, in shallow and deep waters of the sea, and also in estuaries and backwaters. Large seaweeds form dense underwater forests known as kelp forests, which act as underwater nurseries for fish, snails, and sea urchins. India boasts approximately 844 reported seaweed species in its seas. Some specific species, such as Gelidiella acerosa, Gracilaria spp., Sargassum spp., Turbinaria spp., and Cystoseira trinodis are cultivated for the production of agar, alginates, and liquid seaweed fertilizer. Abundant seaweed resources are found along the Tamil Nadu and Gujarat coasts, as well as around Lakshadweep and the Andaman & Nicobar Islands. Notable seaweed beds exist around Mumbai, Ratnagiri, Goa, Karwar, Varkala, Vizhinjam, and Pulicat in Tamil Nadu, Andhra Pradesh, and Chilka in Orissa. Significance: Seaweeds act as bio-indicator by absorbing excess nutrients and signalling marine chemical damage caused by waste from agriculture, industries, and households, often leading to algal blooming. They play a vital role in restoring ecosystem balance. Seaweed is a nutritional powerhouse, rich in vitamins, minerals, and dietary fibre. It is used in various food products, from sushi and salads to snacks and thickeners. Many seaweeds contain anti-inflammatory and anti-microbial agents. Seaweed is the best source of iodine. Seaweed extracts are used in a wide range of products, including cosmetics, pharmaceuticals, and bioplastics. They offer sustainable alternatives to conventional options. Seaweed absorbs carbon dioxide from the atmosphere as it grows, making it a potential tool in the fight against climate change. Studies suggest cultivating and sinking seaweed could effectively store long-term carbon. Seaweed farming provides income and empowers coastal communities, particularly women and small-scale farmers. It requires minimal investment and offers relatively quick returns. Seaweeds are utilized for various purposes, including laxatives, pharmaceutical capsules, goiter treatment, cancer therapy, bone replacement, and cardiovascular surgeries. Government initiatives regarding Seaweed: Seaweed Mission aims to commercialize seaweed farming and processing for value addition. It also aims to increase cultivation along India’s7,500-kilometer coastline. TheIndian Council of Agricultural Research (ICAR)- Central Marine Fisheries Research Institute (CMFRI) has successfully commercialized two seaweed-based nutraceutical products, CadalminTM Immunalgin extract (CadalminTM IMe) and CadalminTM Antihypercholesterolemic extract (CadalminTM ACe). These products, developed with eco-friendly ‘green’ technology, aim to boost anti-viral immunity and combat high cholesterol or dyslipidemia (imbalance of cholesterol). Multi-Purpose Seaweed Parkhas been established in Tamil Nadu. Source: PIB GENIE AI MODEL Syllabus Prelims : Current Event Context: Recently, Google DeepMind has introduced Genie, a new AI model Background: Genie is currently not available to the public and only exists as a research model for now. About GENIE AI MODEL The Foundation: Genie is a foundational world model trained on videos sourced from the Internet. Generative Capabilities: It can generate an endless variety of playable (action-controllable) worlds from synthetic images, photographs, and even sketches. Training: It is the first generative interactive environment that has been trained in an unsupervised manner from unlabelled internet videos. Functionality: These technical specifications let Genie act in generated environments on a frame-by-frame basis even in the absence of training, labels, or any other domain-specific requirements. Diversity: Genie can be prompted to generate a diverse set of interactive and controllable environments although it is trained on video-only data. Interactivity: It makes playable environments from a single image prompt. It can be prompted with images it has never seen. This includes real-world photographs, and sketches, allowing people to interact with their imagined virtual worlds. This revolutionary generative AI allows anyone, including children, to immerse themselves in generated worlds resembling human-designed environments. The standout aspect of Genie is its ability to learn and reproduce controls for in-game characters exclusively from internet videos. This is noteworthy because internet videos do not have labels about the action that is performed in the video, or even which part of the image should be controlled. Source: The Indian Express G-33 Syllabus Prelims and Mains – GS3 Context: Ahead of the 13th ministerial conference of World Trade Organization (WTO), a majority of the G-33 countries have called for a permanent solution to public stockholding for food security in a ministerial statement on agriculture trade negotiations. Background: The statement emphasized the crucial role of public stockholding in ensuring food and livelihood security, rural development, and support for low-income or resource-poor producers in developing countries, including least developed countries (LDCs) and net food-importing developing countries (NFIDCs). About G33 The G-33 is a coalition of developing nations within the World Trade Organization (WTO). It was established prior to the 2003 Cancun ministerial conference. India, being a dominant member of this group, was part of the G33 since its inception. The group coordinates during the Doha Round of World Trade Organization negotiations, specifically in regard to agriculture. The group includes countries like India, China, and Indonesia, totalling 47 nations. They advocate for flexibility in market opening for agriculture, focusing on special products that are crucial for their development. The primary purpose of the G-33 is to advocate for the interests of developing countries in World Trade Organization negotiations, particularly in relation to agriculture. The group focuses on: Special Products: They argue for flexibility in market opening for agricultural products that are crucial for their development. Public Stockholding: The G-33 calls for a permanent solution that allows them to maintain public stockholding programs for food security purposes. These programs play a crucial role in ensuring food security, livelihood security, rural development, and support for low-income or resource-poor producers in developing countries. Special Safeguard Mechanism (SSM): The group asserts the right of developing country Members to the SSM, an important instrument against major import surges or sudden price declines. Through these efforts, the G-33 aims to ensure that the interests of developing countries are adequately represented and protected in global trade negotiations. Source: Economic Times Previous Year Question Q1. Consider the following statements about G-20: The G-20 group was originally established as a platform for the Finance Ministers and Central Bank Governors to discuss the international economic and financial issues. Digital public infrastructure is one of India’s G-20 priorities. Which of the statements given above is/are correct? 1 only 2 only Both 1 and 2 Neither 1 nor 2 INFRASTRUCTURE INVESTMENT TRUSTS (INVITS) Syllabus Prelims – Economy Context: The initial public offering (IPO) of Bharat Highways Infrastructure Investment Trusts (InvITs) was subscribed 22% on the first day of the bidding process. Background: The Bharat Highways InvIT is established with the goal of acquiring, managing, and investing in a diversified portfolio of infrastructure assets across India. About INFRASTRUCTURE INVESTMENT TRUSTS (INVITS): InvITs function as collective investment schemes, akin to mutual funds. The primary purpose of InvITs is to pool funds from individual and institutional investors for direct investment in infrastructure projects. Investors receive a portion of the income generated by these projects as returns. The returns from InvITs come in the form of dividends, interest, and capital gains. Interest income from deposits in Infrastructure Investment Trusts (InvITs) is exempted from tax. However, it’s important to note that the dividends and capital gains received by investors are taxable. InvITs offer investors partial ownership in infrastructure projects. InvITs are regulated by the Securities and Exchange Board of India (SEBI). Infrastructure Investment Trusts (InvITs) are recognized as borrowers under the ‘Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002’. This recognition allows InvITs to raise funds by issuing units to investors and invest in infrastructure projects. The Act provides a legal framework for the securitization and reconstruction of financial assets, ensuring transparency and investor protection. Any Infrastructure Development Company can take the role of the sponsor to form an InvIT. The sponsor establishes a trust, often in the form of a special purpose vehicle (SPV), to hold the infrastructure assets. The trust is managed by professionals, relieving investors of project management responsibilities. Source: Livemint Practice MCQs Daily Practice MCQs Q1.)With reference to Infrastructure Investment Trusts (InvITs), consider the following statements: InvITs aims to pool funds from individual and institutional investors for direct investment in infrastructure projects. The returns from InvITs come in the form of dividends, interest, and capital gains. Interest income from deposits in InvITs is exempted from tax. InvITs are regulated by the Reserve Bank of India. How many of the above statements are correct? Only one Only two Only three All four Q2.) Considering the following statements about G-33: The G-33 is a coalition of developing nations within the World Trade Organization (WTO). It was established prior to the 2003 Cancun ministerial conference. India was part of the G33 since its inception. How many of the above statements are not correct? Only one Only two All three None Q3.)Genie AI Model, recently seen in news is developed by Meta Google Microsoft Apple Comment the answers to the above questions in the comment section below!! ANSWERS FOR ’  29th February  2024 – Daily Practice MCQs’ will be updated along with tomorrow’s Daily Current Affairs.st ANSWERS FOR  28th February – Daily Practice MCQs Answers- Daily Practice MCQs Q.1) – d Q.2) – b Q.3) – c

Feb 29, 2024 Daily Prelims CA Quiz

For Previous Daily Quiz (ARCHIVES) – CLICK HERE The Current Affairs questions are based on sources like ‘The Hindu’, ‘Indian Express’ and ‘PIB’, which are very important sources for UPSC Prelims Exam. The questions are focused on both the concepts and facts. The topics covered here are generally different from what is being covered under ‘Daily Current Affairs/Daily News Analysis (DNA) and Daily Static Quiz’ to avoid duplication. The questions would be published from Monday to Saturday before 2 PM. One should not spend more than 10 minutes on this initiative. Gear up and Make the Best Use of this initiative. Do remember that, “the difference between Ordinary and EXTRA-Ordinary is PRACTICE!!” Important Note: Don’t forget to post your marks in the comment section. Also, let us know if you enjoyed today’s test 🙂After completing the 5 questions, click on ‘View Questions’ to check your score, time taken, and solutions. To take the Test Click Here

Feb 28, 2024 IASbaba's Daily Current Affairs

Archives (PRELIMS & MAINS Focus)   Gaganyaan Syllabus Prelims – Current event Context: Gaganyaan astronaut designates received ‘astronaut wings’ from PM Modi Background:- Group Captain Prasanth Balakrishnan Nair, Group Captain Ajit Krishnan, Group Captain Angad Pratap and Wing Commander Shubhanshu Shukla – the four Indian Air Force (IAF) pilots are the ‘astronaut designates’ who have been undergoing training for India’s Gaganyaan mission, planned for 2025.Only three of them will eventually go to space as part of the Gaganyaan mission. About Gaganyaan:-   Gaganyaan project envisages demonstration of human spaceflight capability by launching crew of 3 members to an orbit of 400 km (low earth orbit) for a 3 days mission and bring them back safely to earth, by landing in Indian sea waters. The Gaganyaan Mission is India’s first human space flight programme India will become only the fourth country to send a human into space after the Soviet Union, the US and China. LVM3 rocket – The well proven and reliable heavy lift launcher of ISRO, is identified as the launch vehicle for Gaganyaan mission. It consists of solid stage, liquid stage and cryogenic stage. All systems in LVM3 launch vehicle are re-configured to meet human rating requirements and christened Human Rated LVM3. HLVM3 consists of Crew Escape System (CES) powered by a set of quick acting, high burn rate solid motors which ensures that Crew Module along with crew is taken to a safe distance in case of any emergency either at launch pad or during ascent phase. Orbital Module (OM) that will be Orbiting Earth comprises of Crew Module (CM) and Service Module (SM). CM is the habitable space with Earth like environment in space for the crew. Source: ISRO Previous Year Questions (PYQs) Q.1) With reference to India’s satellite launch  vehicles, consider the following statements (2018) PSLVs launch the satellites useful for Earth resources monitoring whereas GSLVs are designed mainly to launch communication satellites. Satellites launched by PSLV appear to remain permanently fixed in the same position in the sky, as viewed from a particular location on Earth. GSLV Mk III is a four-staged launch l vehicle with the first and third stages l using solid rocket motors; and the second and fourth stages using liquid rocket engines. Which of the statements given above is/are correct? 1 only 2 and 3 1 and 2 3 only Lokpal Syllabus Prelims and Mains – Polity Context: President Murmu appoints ex-SC judge Justice AM Khanwilkar as Chairperson of Lokpal Background: The Lokpal and Lokayukta Act, 2013 provided for the establishment of Lokpal for the Union and Lokayukta for States.These institutions are statutory bodies without any constitutional status.The apex Institution was created to inquire and investigate complaints relating to allegation of corruption involving public functionaries and elected representatives. About Lokpal: The Lokpal is the first institution of its kind in independent India,established under the Lokpal and Lokayuktas Act 2013 to inquire and investigate into allegations of corruption against public functionaries who fall within the scope and ambit of the above Act. The Lokpal has jurisdiction to inquire into allegations of corruption against anyone who is or has been Prime Minister, or a Minister in the Union government, or a Member of Parliament, as well as officials of the Union Government under Groups A, B, C and D. Also covered are chairpersons members, officers and directors of any board, corporation, society, trust or autonomous body either established by an Act of Parliament or wholly or partly funded by the Union or State government. It also covers any society or trust or body that receives foreign contribution above ₹10 lakh (approx. US$ 14,300/- as of 2019). A complaint under the Lokpal Act should be in the prescribed form and must pertain to an offence under the Prevention of Corruption Act, 1988 against a public servant. There is no restriction on who can make such a complaint. When a complaint is received, the Lokpal may order a preliminary inquiry by its Inquiry Wing or any other agency, or refer it for investigation by any agency, including the CBI, if there is a prima facie case. The Inquiry Wing or any other agency will have to complete its preliminary inquiry and submit a report to the Lokpal within 60 days. A Lokpal Bench shall consider the preliminary inquiry report, and after giving an opportunity to the public servant accused of corruption for his/her defence, decide whether it should proceed with the investigation. It can order a full investigation, or direct to start departmental proceedings or close the proceedings. It may also proceed against the complainant if the allegation is false. Lokpal will have power of superintendence and direction over any central investigation agency including CBI for cases referred to them by the Lokpal. The Chairperson and the Members are appointed by the President of India by warrant under his hand and seal and hold office for a term of five years from the date on which they enter upon the office or until they attain the age of 70 years, whichever is earlier. The chairperson and members of the Lokpal are appointed by the President after obtaining the recommendations of a Selection Committee comprising prime minister, speaker of low Sabha, leader of opposition in lok Sabha, Chief Justice of India or a Judge nominated by him/her and one eminent jurist. Apart from a chairperson, the Lokpal can have eight members — four judicial and as many non-judicial. Source: Lokpal EUROPEAN UNION’S CARBON BORDER ADJUSTMENT MECHANISM (CBAM) Syllabus Prelims- Environment Context: According to a recent study by the Asian Development Bank (ADB), the European Union’s (EU) forthcoming Carbon Border Adjustment Mechanism (CBAM) is anticipated to yield only marginal reductions in global carbon emissions while modestly affecting trade flows, particularly in Asia and the Pacific. Background: The European Union’s (EU) Carbon Border Adjustment Mechanism (CBAM) is a significant initiative aimed at addressing climate change on a global scale. About CARBON BORDER ADJUSTMENT MECHANISM (CBAM) The European Union’s Carbon Border Adjustment Mechanism (CBAM) is a tool designed to put a fair price on the carbon emitted during the production of carbon-intensive goods that are entering the EU. It aims to encourage cleaner industrial production in non-EU countries by ensuring that the carbon price of imports is equivalent to the carbon price of domestic production. It aims to equalize the price of carbon between domestic and imported products in the affected sectors. The mechanism is designed to be compatible with WTO rules. CBAM will apply in its definitive regime from 2026, while the current transitional phase lasts between 2023 and 2026. Definitive Regime (from 2026): EU importers of goods covered by CBAM will register with national authorities. They will buy CBAM certificates, with prices calculated based on the weekly average auction price of EU ETS allowances (expressed in €/tonne of CO₂ emitted). Importers will declare the emissions embedded in their imports and surrender the corresponding number of certificates annually. If importers can prove that a carbon price has already been paid during the production of the imported goods, the corresponding amount can be deducted. Transitional Phase (2023 – 2026): CBAM initially applies to imports of certain goods and selected precursors with carbon-intensive production processes. These goods include cement, iron and steel, aluminium, fertilisers, electricity, and hydrogen. The objective during this period is to serve as a pilot and learning phase for all stakeholders. Impact on India The European Union’s Carbon Border Adjustment Mechanism (CBAM) could have significant impacts on India, particularly in sectors such as steel, cement, fertilizers, hydrocarbons, electricity, and aluminum. Key Points: Increased Export Duties: The CBAM will allow the EU to charge tariffs on carbon-intensive imports from 20261. This could translate into a 20-35% tax on steel, aluminum, and cement imports into the EU. Impact on Trade: Despite India’s lower per capita emissions, the CBAM may result in lower demand for Indian exports, leading to trade diversion from India. This could disrupt businesses until the Indian industry reduces carbon emissions and improves technology. Disclosure of Carbon Emissions: Indian companies in sectors such as steel, cement, fertilizer, aluminum, and hydrocarbon production will be required to disclose their carbon emissions data to the EU. Potential Impact on Trade Competitiveness: The increased export duties could potentially impact India’s trade competitiveness. Financial Impact: In particular, exports of steel and aluminum from India could be impacted to the tune of around US $8 billion Source: The Hindu COLLECTIVE SECURITY TREATY ORGANIZATION (CSTO) Syllabus Prelims : Current Event Context: Recently, Kazakhstan’s President called on the Collective Security Treaty Organization (CSTO) to assist in managing ongoing protests within the country. Background: These protests posed a threat to the very existence of the regime that has governed Kazakhstan since it became an independent republic in 1991 About Collective Security Treaty Organization (CSTO): The Collective Security Treaty Organization (CSTO) is an intergovernmental military alliance in Eurasia. It consists of six post-Soviet states: Armenia, Belarus, Kazakhstan, Kyrgyzstan, Russia, and Tajikistan. The CSTO was formed in 2002 and its origins can be traced back to the Soviet Armed Force. The CSTO’s headquarters is located in the Russian capital of Moscow. Key aspects of the CSTO include: Collective Defence: Similar to Article 5 of the North Atlantic Treaty, Article 4 of the Collective Security Treaty establishes that an aggression against one signatory would be perceived as an aggression against all. Peacekeeping Force: The CSTO maintains a peacekeeping force that has been deployed to areas of conflict, including Tajikistan and Kyrgyzstan. The force is composed of troops from member states and is designed to provide stability and security in the region. Military Exercises: The CSTO holds yearly military command exercises for the CSTO nations to improve inter-organizational cooperation. Membership Restrictions: Signatories are prohibited from joining other military alliances. Operational Procedures: The CSTO employs a “rotating presidency” system in which the country leading the CSTO alternates every year. Source: Indian Express PRECISION FARMING Syllabus Prelims and Mains – GS3 Context: Garuda Aerospace highlights Precision Farming with Kisan Drone at Krishi Darshan Expo. Background: Krishi Darshan Expo 2024 hosted by the Ministry of Agriculture and Farmers Welfare, served as a comprehensive platform for showcasing the latest agricultural technologies and innovations. About Precision farming Precision farming, also known as precision agriculture (PA), is a farming management strategy that leverages information technology to enhance agricultural production sustainability. Precision farming involves observing, measuring, and responding to temporal and spatial variability within fields and livestock systems. The goal is to optimize returns on inputs while preserving resources. How It Works? Instead of applying uniform inputs across the entire field, precision farming tailors’ interventions to specific areas based on their unique needs. Technologies such as GPS, GNSS, and sensor arrays enable precise data collection related to factors like crop yield, terrain features, organic matter content, moisture levels, and nutrient levels. Unmanned aerial vehicles (drones) equipped with cameras capture multispectral images, which aid in creating detailed maps for analysis. Benefits: Increased crop yields and animal performance. Cost reduction, including labour costs. Optimized resource allocation Examples: Varying fertilizer application based on soil nutrient levels. Adjusting irrigation based on moisture data. Mapping crop health using multispectral imagery. Monitoring livestock behaviour and health Previous Year Question Q1. In the context of India, which of the following is/are considered to be practice(s) of the eco-friendly agriculture? Crop diversification Legume intensification Tensiometer use Vertical farming Select the correct answer using the codes given below: 1, 2 and 3 only 3 only 4 only 1, 2, 3 and 4 Source: Krishi Jagran UNITED NATIONS CONFERENCE ON TRADE AND DEVELOPMENT (UNCTAD) Syllabus Prelims – Current Event Context: United Nations Conference on Trade and Development (UNCTAD) has recently raised an alarm over escalating disruptions in shipping routes for global trade in a new report. Background: The recent report titled “Navigating Troubled Waters: The Impact to Global Trade of Disruption of Shipping Routes in the Red Sea, The Black Sea, and the Panama Canal” highlights critical issues affecting trade patterns. About United Nations Conference on Trade and Development (UNCTAD): The United Nations Conference on Trade and Development (UNCTAD) is an intergovernmental organization within the United Nations Secretariat that promotes the interests of developing countries in world trade. It was established by the United Nations General Assembly in 1964. UNCTAD’s primary objective is to formulate policies relating to all aspects of development, including trade, aid, transport, finance, and technology. UNCTAD was created in response to concerns among developing countries that existing international institutions like GATT (now replaced by the World Trade Organization), the International Monetary Fund (IMF), and the World Bank were not properly organized to handle the particular problems of developing countries. One of UNCTAD’s principal achievement was conceiving and implementing the Generalized System of Preferences (GSP), which promotes the export of manufactured goods from developing countries. The Generalized System of Preferences (GSP) is a preferential tariff system that provides duty-free and quota-free market access for exports from developing countries to major export markets. The headquarters of UNCTAD are located at the Palais des Nations in Geneva. It has 195 member states, including all UN members plus UN observer states Palestine and the Holy See. Source: Down To Earth Practice MCQs Daily Practice MCQs Q1.) In the context of Indian Agriculture, which of the following is/are considered to be the precision farming practice(s)? Varying fertilizer application based on soil nutrient levels. Adjusting irrigation based on moisture data. Mapping crop health using multispectral imagery. Monitoring livestock behaviour and health. Select the correct answer using the codes given below: Only one Only two Only three All four Q2.) Consider the following countries: Armenia Azerbaijan Russia Ukraine Afghanistan Kazakhstan How many of the above-mentioned countries are members of the Collective Security Treaty Organization (CSTO)? Only two Only three Only four Only five Q3.)With reference to the European Union’s Carbon Border Adjustment Mechanism (CBAM), consider the following statements: CBAM encourages cleaner industrial production in non-EU countries. The CBAM will allow the EU to charge tariffs on carbon-intensive imports from 2026. It aims to equalize the price of carbon between domestic and imported products in the affected sectors. How many of the above statements are correct? Only one Only two All three None Comment the answers to the above questions in the comment section below!! ANSWERS FOR ’  28th February  2024 – Daily Practice MCQs’ will be updated along with tomorrow’s Daily Current Affairs.st ANSWERS FOR  27th February – Daily Practice MCQs Answers- Daily Practice MCQs Q.1) – c Q.2) – c Q.3) – c