1. Which of the following is true about REDD+ program?
1) It is a collaborative programme of the Food and Agriculture Organization of the United Nations (FAO), the United Nations Development Programme (UNDP) and the United Nations Environment Programme (UNEP).
2) It aims to incentivize developing countries to reduce emissions from deforestation and forest degradation, conserve forest carbon stocks, sustainably manage forests and enhance forest carbon stocks
a) Only 1
b) Only 2
c) Both 1 and 2
d) None of the above
Union Ministry of Environment, Forest and Climate Change (MoEFCC) has released National ReducingEmissions from Deforestation and Forest Degradation (REDD+) strategy for India…
This strategy will soon be communicated to United Nations Framework Convention on Climate Change (UNFCCC)….
It has been prepared by Indian Council of Forestry Research & Education (ICFRE), Dehradun. …
REDD The United Nations Programme on Reducing Emissions from Deforestation and Forest Degradation (or UN-REDD Programme) is a collaborative programme of the Food and Agriculture Organization of the United Nations (FAO), the United Nations Development Programme (UNDP) and the United Nations Environment Programme (UNEP), created in 2008 in response to the UNFCCC decisions on the Bali Action Plan and REDD at COP-13. . It partners with developing countries to support them in establishing the technical capacities needed to implement REDD+ and meet UNFCCC requirements for REDD+ results-based payments. It does so through a country-based approach that provides advisory and technical support services tailored to national circumstances and needs. Other examples of REDD+ multilaterals include the Forest Carbon Partnership Facility and Forest Investment Program, hosted by The World Bank
REDD+ ◦ REDD+ is a voluntary climate change mitigation approach that has been developed by Parties to the UNFCCC. It aims to incentivize developing countries to reduce emissions from deforestation and forest degradation, conserve forest carbon stocks, sustainably manage forests and enhance forest carbon stocks
2. Which of the following is true about Payment Banks?
1)A bank licensed as a Payments Bank can only receive deposits and provide remittances.
2)They can issue loans but cannot issue credit cards.
c)Both 1 and 2
d)None of the above
India Post Payments Bank (IPPB) has been launched. It will focus on providing banking and financial services to people in rural areas.
Payments banks is a new model of banks conceptualised by the Reserve Bank of India (RBI).
We can define a Payment Bank in India as a type of bank which is a non-full service niche bank. A bank licensed as a Payments Bank can only receive deposits and provide remittances. It cannot carry out lending activities.
Thus, Payment Banks can issue ATM/debit cards, but can not issue credit cards as they are not empowered to carry out lending activities.
These banks cannot issue loans and credit cards.
Both current account and savings accounts can be operated by such banks.
Payments banks can issue services like ATM cards, debit cards, net-banking and mobile-banking. Objective
RBI in its guidelines says “the objectives of setting up of payments banks will be to further financial inclusion by providing
(i) small savings accounts and
(ii) payments/remittance services to migrant labour workforce, low income households, small businesses, other unorganised sector entities and other users.
The list of active Payments Bank are:
Aditya Birla Payments Bank
Airtel Payments Bank
India Post Payments Bank
Fino Payments Bank
Jio Payments Bank
Paytm Payments Bank
3. “ Asian Premium” is frequently in news. Which of the following defines it the best?
a)It is extra charge being collected by OPEC countries from Asian countries when selling oil in comparison to western countries.
b)It is a multilateral premium naval exercise conducted by all the Asian countries in Indian Ocean Region.
c)It is extra charge collected by Asian WHO member countries from non Asian member countries for their medicines. d)It is CEPA between all the Asian countries which enables all the non Asian countries to pay extra tax for trade related activities.
4. UPSC QUESTION
Consider the statements with reference to ‘Blue Carbon’?
1)It is carbon stored in coastal, terrestrial and marine ecosystem
2)The Blue Carbon Initiative currently focuses on carbon in coastal and terrestrial ecosystems – mangroves, tidal marshes, sea grasses and forests
3)The rates of blue carbon sequestration and storage capacities in ecosystems are comparable to (and often higher than) those in carbonrich terrestrial ecosystems such as tropical rainforests and peatlands.
Correct code/s :
(a) Only 1
(b) Only 3
(c) 2 and 3
(d) 1,2 and 3
5. What is the difference between Parliamentary and Semi-Presidential system?
a) In Parliamentary system, the PM and Council of Ministers are responsible to the legislature whereas this is not the case in Semi-Presidential system
b) While in Parliamentary Elections only the PM comes from a specific party, in semi-presidential system both the President and PM come from the same winning party
c) Unlike Parliamentary system, in semi-presidential system the President is popularly elected and participates in day-to-day functions
d) In Parliamentary system, the President is the Head of the State and PM, Head of the Government while this is vice-versa in semi-presidential system