MASTER THE CURRENT AFFAIRS – DAY 188

Q.1) DRDO has recently developed an Advanced Chaff Technology for Indian Air Force. Chaff Technology is associated with?
a. Search and Rescue
b. Intelligence gathering
c. Underwater Detection Capabilities
d. Protection from hostile radar threats

Answer: D
Chaff Technology
Defence Laboratory Jodhpur, a DRDO laboratory has recently developed an advanced Chaff material and chaff cartridge-118/I in collaboration with High Energy Materials Research Laboratory (HEMRL), a Pune based laboratory of DRDO.
The Indian Air Force has started the process of induction of this technology after completion of successful user trials.
Working of Chaff Technology
In today’s electronic warfare, survivability of fighter aircraft is of prime concern because of advancement in modern radar threats.
To ensure survivability of aircraft, Counter Measure Dispensing System (CMDS) is used which provides passive jamming against Infra-Red and radar threats.
Chaff is a critical defence technology used to protect fighter aircraft from hostile radar threats.
The importance of this technology lies in the fact that very less quantity of chaff material deployed in the air acts as decoy to deflect enemy’s missiles for ensuring safety of the fighter aircraft.
The technology has been given to the industry for production in large quantities to meet the annual rolling requirement of the Indian Air Force.

Q.2) With reference to Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme, consider the following statements:

1. It is a flagship scheme of the Ministry of Finance.
2. The scheme aims to ensure zero rating of exports.
Which of the above statements is/are correct?

a) 1 only
b) 2 only
c) Both 1 and 2
d) Neither 1 nor 2

Answer : B
Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme:
It is a scheme of the Ministry of Commerce and Industry.
The scheme aims to reimburse the taxes and duties incurred by exporters such as local taxes, coal cess, mandi tax etc. which are not getting exempted of refunded under any other existing scheme. Thus it ensures zero rating of exports i.e. taxes and duties should not be exported.
RoDTEP sheme replaces the erlier Merchandise Export from India Scheme (MEIS) as MEIS violated the provisions of WTO by giving export susidies for a wide range of goods.
Scheme is to be implemented by Customs through a simplified IT System. Rebate will be issued in the form of a transferable duty credit/ electronic scrip (e-scrip) which will be maintained in an electronic ledger by the Central Board of Indirect Taxes & Customs (CBIC).

Q.3) Platform for Regulated Entities for Integrated Supervision and Monitoring (PRISM) is an initiative being developed by:

a) Reserve Bank of India
b) Securities and Exchange Board of India
c) National Payments Corporation of India
d) Indian Banks’ Association

Answer : A
The Reserve Bank of India (RBI) is establishing a Platform for Regulated Entities for Integrated Surveillance and Monitoring (PRISM), a web-based end-to-end workflow automation system, to strengthen compliance by supervised entities (SEs).
This comes in the context of ongoing engagement and increasing reviews of risk profiles and supervisory assessments for supervisors, including banks and non-bank financial corporations.
With the growing intensity and scope of the Reserve Bank’s supervisory function, the focus of its new approach to ‘continuous supervision’ is on early identification of risks and implementation of supervisory actions.
PRISM will have various functionalities (inspection; compliance; cybersecurity incident functionality; complaints; and recovery functions), with built-in resolution workflows, time tracking, notifications and alerts, management information system (MIS) reports, and dashboards.

Q.4) With reference to Bio-jet fuel, consider the following statements:
1. It has ultra-low Sulphur content as compared with conventional jet fuel.
2. Bio-jet fuel can also be produced from used cooking oil.
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

Answer: C
Notes:
Both statements are correct.
Bio-jet fuel can be produced from used cooking oil, tree-borne oils, short gestation oilseed crops grown off-season by farmers and waste extracts from edible oil processing units.

Q.5) With reference to ‘Mission Zindagi’ campaign, consider the following statements:
1. The campaign aims to control smuggling of goods through air.
2. It is organised by Indian Air Force.
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

Answer: B
Notes:
Statement 1 is incorrect: It aims to improve the Air Force personnel’s mental health and stress management through workshops and lectures. Statement 2 is correct. Source: Challenges facing Central Armed Police Forces (CAPFs) – Explained, pointwise

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