Current Affairs Quiz- 40 (11/02/16)

1. 1. Question

   1 points
   To ensure energy security, the Government of India is setting up strategic crude oil storages at three locations. Which of the following are among these locations?

   1. Vishakhapatnam, Andhra Pradesh
   2. Padur, Kerala
   3. Mangalore, Karnataka
   4. Ratnagiri, Maharashtra

   Select the correct answer using the code given below

   •  a) 1, 2 and 3 Only
   •  b) 2 and 4 Only
   •  c) 1 and 3 only
   •  d) 1, 2, 3 and 4
   Correct 
   

   Solution: c.

   India is building underground storages in Visakhapatnam and Mangalore and Padur in Karnataka to store about 5.33 million tonnes of crude oil to guard against global price shocks and supply disruptions.

   “These strategic storages would be in addition to the existing storages of crude oil and petroleum products with the oil companies and would serve as a cushion in response to external supply disruptions. The construction of the strategic crude oil storage facilities is being managed by Indian Strategic Petroleum Reserves Limited (ISPRL), a Special Purpose Vehicle, which is a wholly owned subsidiary of Oil Industry Development Board (OIDB).”

   http://www.thehindu.com/todays-paper/tp-national/uaes-adnoc-to-store-crude-in-india/article8220460.ece

2. 2. Question

   1 points
   ‘Beti Bachao, Beti Padhao’ scheme is administered by

   •  a) Ministry of Women and Child Development
   •  b) Ministry of Health and Family Welfare
   •  c) Ministry of Human Resource Development
   •  d) a, b and c
   Correct 
   

   Solution: a.

   Beti Bachao Beti Padhao (BBBP) Scheme was launched on 22^nd January, 2015 at Panipat in Haryana. It is a tri-ministerial effort of Ministries of Women and Child Development, Health & Family Welfare and Human Resource Development.

   Project Implementation: The Ministry of Women and Child Development would be responsible for budgetary control and administration of the scheme from the Centre. At the State level, the Secretary, Department of Women and Child Development will be responsible for overall direction and implementation of the scheme.

   http://pib.nic.in/newsite/PrintRelease.aspx?relid=136289

3. 3. Question

   1 points
   Consider the following statements:

   1. Pakistan views the Line of Control (LoC) as going from Point NJ9842 along the Saltoro Range to the Karakoram Pass
   2. India on the other hand views the LoC as going straight from Point NJ9842 to the Karakoram Pass

   Which of the statements above is/are correct?

   •  a) 1 Only
   •  b) 2 Only
   •  c) Both 1 and 2
   •  d) Neither 1 nor 2
   Incorrect 
   

   Solution: d.

   This question was framed in order to learn about the political geography of this area of dispute.

   

   “Pakistan argues that this means that the line should go from NJ 9842 straight to the Karakoram pass on the Sino-Indian border. India, however, insists that the line should proceed north from NJ 9842 along the Saltoro range to the border with China. Between these two interpretations lies a substantial amount of glaciated territory that both sides want control of.”

4. 4. Question

   2 points
   With reference to the Hydrocarbon Vision 2030 for North-East India, which of the following statements is/are incorrect?

   1. The vision statement lays out a detailed roadmap for the upstream (Exploration and Production) sector of the hydrocarbon value chain only
   2. The Vision aims at doubling Oil and Gas production by 2030 and promoting cooperation with neighbouring countries in the hydrocarbon sector

   Select the correct answer using the code given below:

   •  a) 1 Only
   •  b) 2 Only
   •  c) Both 1 and 2
   •  d) Neither 1 nor 2
   Solution: a.

   Beyond production, the focus areas include exploring hydrocarbon linkages and trade opportunities with Bangladesh, Myanmar, Nepal & Bhutan; implementation of ‘Make In India’ in the region; development of health & medical facilities; industrial policy & infrastructure related action points; focus on skill development; and employment generation requirement in the region. The vision statement lays out a detailed roadmap for the entire hydrocarbons value chain, covering upstream, midstream and downstream segments. This report includes an action plan – of immediate, medium-term and long-term initiatives – to help achieve the objectives.

   The Vision aims at doubling Oil & Gas production by 2030, making clean fuels accessible, fast tracking projects, generating employment opportunities and promoting cooperation with neighbouring countries.

   http://pib.nic.in/newsite/PrintRelease.aspx?relid=136255