Mission IAS Day -9

Q.1) Consider the following statements about 'Scheme for Sustainable Structuring of Stressed Assets(S4A)':
1. Its aim is to strengthen the lenders’ ability to deal with stressed assets and to put real assets back ontrack of entities facing genuine difficulties by providing an avenue for reworking financial structure.
2. The S4A plan, allowed lenders to split the outstanding debt of a stressed company into sustainable debtand equity with some riders.

Which of the statements given above is/are correct?
a) 1 only
b) 2 only
c) Both 1 and 2
d) Neither 1 nor 2
Ans. (c)
Explanation: The Reserve Bank of India (RBI) has issued guidelines called Scheme for Sustainable
Structuring of Stressed Assets (S4A) as an optional framework to manage bad loans. The scheme is the
latest measure taken by RBI to tackle stressed assets. Under this scheme, large ticket loans are
restructured by separating a sustainable loan from an unsustainable loan. The lenders are required to makethis classification. Sustainable level of debt is one which the banks think the stressed borrower can servicewith its current cash flows. This sustainable level of debt should not be less than half the loans or fundedliabilities of the stressed entity. Banks can convert the unsustainable debt into equity or equity relatedinstruments, which are expected to provide upside to the lenders in case the borrower cannot regain theglory and rework the financial structure.

Q.2) The Global Fund is a financing institution, providing support to countries in the response to the which ofthe following diseases:
1. Cancer
2. Polio
3. Malaria
Select the correct answer using the codes given below.
a) 1 and 2 only
b) 3 only
c) 2 and 3 only
d) 1,2 and 3
Ans. (b)
Explanation: The Global Fund (or The Global Fund for AIDS, Tuberculosis and Malaria – GFTAM) is afinancing institution, providing support to countries in the response to the three diseases (HIV, TB and
Malaria), they do not implement programs on the ground. India is likely to procure the drug from a rapidsupply facility routed through the Global Fund for AIDS, Tuberculosis and Malaria (GFATM), a multilateraldonor agency.

Q.3) Consider the following statements in regard with 'Jal kranti Abhiyan':
1. Jal Kranti Abhiyan was launched in 2015 to consolidate water conservation and management through aintegrated approach involving all stakeholders making it a mass movement.
2. The main objective of the Jal Kranti Abhiyan is strengthening grass root involvement of all stakeholdersincluding local bodies for Participatory Irrigation Management.
Which of the statements given above is/are correct?

a) 1 only
b) 2 only
c) Both 1 and 2
d) Neither 1 nor 2
Ans. (c)
Explanation: Jal Kranti Abhiyan was launched in 2015 to consolidate water conservation and managementthrough a holistic and integrated approach involving all stakeholders making it a mass movement.
Titbits: There are four important components of Jal Kranti Abhiyan viz. Jal Gram Yojana, Development ofModel Command Area, Pollution Abatement and Mass Awareness Programme. Under Jal Gram Yojana twowater stressed villages in each district of the country are to be selected and a comprehensive water securityplan is formulated to achieve water security for these villages. So far 726 such villages have been identifiedagainst the total target of 828. Integrated Water Security Plan for 180 Villages have been prepared and 61 ofthem have been approved.

Q.4) Which of the following is/are tributaries of Narmada:
1. Tawa River
2. Hiran River
3. Kolar River
Select the correct answer using the codes given below.
a) 1 and 2 only
b) 3 only
c) 2 and 3 only
d) 1,2 and 3
Ans. (d)
Explanation: The Narmada, also called the Rewa, is a river in central India and the fifth longest river in theIndian subcontinent. It is the third longest river that flows entirely within India, after the Godavari, and theKrishna. It is also known as "Life Line of Madhya Pradesh" for its huge contribution to the state of Madhya
Pradesh in many ways.

Q.5) Consider the following statements in regard with 'Al Nagah-II 2017 Exercise':
1. The Second edition of the joint exercise between the Indian and Oman Armies has started in MadhyaPradesh.
2. The aim of this exercise is to acquaint both forces with each other’s operating procedures, improve theinteroperability in conducting joint operations.

Which of the statements given above is/are correct?
a) 1 only
b) 2 only
c) Both 1 and 2
d) Neither 1 nor 2
Ans. (b)
Explanation: Second edition of the joint exercise between the Indian and Oman Armies has begun with theOpening Ceremony at Bakloh, Himachal Pradesh. The previous edition of the Exercise was held at Muscat,Oman in 2015.

Q.6) The demand for the Tebhaga Peasant Movement in Bengal was for (CSP-2013)

A. the reduction of the share of the landlords from onehalf of the crop to onethird
B. the grant of ownership of land to peasants as they were the actual cultivators of the land
C. the uprooting of Zamindari system and the end of serfdom
D. writing off all peasant debts
Answer: Option A
The Tebhaga movement was a militant campaign initiated in Bengal by the Kisan Sabha (peasants front ofCommunist Party of India) in 1946. At that time share-cropping peasants (essentially, tenants) had to givehalf of their harvest to the owners of the land. The demand of the Tebhaga (sharing by thirds) movementwas to reduce the share given to landlords to one third.
Source: NCERT, Spectrum - Modern India

Q.7) The Parliament can make any law for whole or any part of India for implementing international treaties
(CSP-2013)
A. with the consent of all the States
B. with the consent of the majority of States
C. with the consent of the States concerned
D. without the consent of any State
Answer: Option D
Source: Indian Polity - M. Laxmikant

Q.8) In the grasslands, trees do not replace the grasses as a part of an ecological succession because of
(CSP-2013)
A. insects and fungi
B. limited sunlight and paucity of nutrients
C. water limits and fire
D. None of the above
Answer: Option C
In the grasslands, trees do not replace the grasses as a part of an ecological succession because wateravailability and fire are the limiting factors.