Daily Quiz 7 September 2023

Explanation:

• Option (1) is correct: Antacids are medicines that counteract (neutralise) the acid in your stomach to relieve indigestion and heartburn. It helps in relieve symptoms of heartburn, indigestion, and acid reflux by neutralizing excess stomach acid. They come as a liquid or chewable tablets and can be bought from pharmacies and shops without a prescription. The action of antacid is a neutralization reaction: Acid + Base → Salt + Water. They contain ingredients such as aluminium, calcium, magnesium, or sodium bicarbonate which act as bases (alkalis) to counteract stomach acid and make its pH more neutral. Many different types of antacid are available. Some are sold under a brand name and others are named after their main ingredient. Brands include Gaviscon (alginic acid) and Pepto-Bismol (bismuth subsalicylate).

Explanation:

The Prime Minister will be attending the 20th ASEAN-India summit in Indonesia shortly as India believes that the Association of Southeast Asian Nations (ASEAN) is an “important pillar” of India’s Act East policy.

• Statement 1 is incorrect: India is one of ASEAN’s top trading and investment partners. ASEAN countries offer a conducive environment for Indian businesses to invest and trade, and the region presents a lucrative market opportunity for Indian companies. ASEAN is India’s 4th largest trading partner. Total trade stood at $110.4 billion in 2021-22. United States of America is India’s largest trading partner followed by China and United Arab Emirates respectively.
• Statement 2 is correct: ASEAN-India Business Council (AIBC) was set up in 2005 with the aim of fostering closer business linkages. In 2012, India and ASEAN elevated their relationship to a Strategic Partnership, which marked a significant milestone in their bilateral ties. The ASEAN-India Agreements on Trade in Service and Investments entered into force in 2015. India has a Comprehensive Economic Cooperation Agreement (CECA) with all the member countries of the ASEAN region which has resulted in concessional trade and a rise in investments.
• Statement 3 is correct: Fifteen countries signed RCEP in 2020. These countries include the 10 members of the Association of Southeast Asian Nations (ASEAN). Regional Comprehensive Economic Partnership(RCEP) is a free trade agreement.

Explanation:

India’s overall unemployment rate fell in July 2023 as rural areas saw increased demand for agriculture labor with the onset of monsoon rains.

• Pair 1 is correctly matched: Disguised unemployment exists when part of the labor force is either left without work or is working in a redundant manner such that worker productivity is essentially zero. It is unemployment that does not affect aggregate output. It occurs when productivity is low and too many workers are filling too few jobs. It can refer to any part of the population that is not employed at full capacity.
• Pair 2 is correctly matched: Structural Unemployment arises from a mismatch between the skills, location, or qualifications of job seekers and the available job opportunities. This type of unemployment can be more persistent and is often caused by factors such as technological changes, shifts in the economy, or changes in consumer preferences.
• Pair 3 is incorrectly matched: Frictional Unemployment is also called as Search Unemployment, refers to the time lag between the jobs when an individual is searching for a new job or is switching between the jobs. Frictional unemployment is a natural economic occurrence that happens when the economy is usually doing well.
• Pair 4 is incorrectly matched: Cyclical unemployment is a lack of employment as a result of changes to an economy’s business cycle. It is caused by job losses during downturns or contractions in an economy. It is closely tied to the business cycle and economic downturns. It occurs when there is a decrease in overall economic activity, leading to lower demand for labor.

Explanation:

• Statement 1 is correct: ‘PM-DAKSH’ (Pradhan Mantri Dakshta Aur Kushalta Sampann Hitgrahi) Yojana is being implemented from the year 2020-21. Under this, eligible target groups are provided with the skill development training programmes on Short Term Training Program; Up-Skilling/Reskilling; Entrepreneurship Development Programme, and Long-Term Training Programme, followed by settlement in wage employment or self- employment. Training programmes are organized in broad pursuance of Common Norms issued by Ministry of Skill Development and courses are National Skill Qualification Framework (NSQF) aligned. Beneficiaries between the age of 18-45 years are considered for SDTP.
• Statement 2 is incorrect: Aajeevika-National Rural Livelihoods Mission (NRLM) was launched by the Ministry of Rural Development (MoRD), Government of India in June 2011. It is aided in part through investment support by the World Bank, the Mission aims at creating efficient and effective institutional platforms for the rural poor (Not Urban slum poors), enabling them to increase household income through sustainable livelihood enhancements and improved access to financial services.

Explanation:

The Central Drugs Standard Control Organisation (CDSCO) has alerted healthcare professionals, consumers, patients, wholesalers, distributors, and regulatory authorities to the voluntary recall of the antacid syrup Digene Gel, manufactured by Abbott India at its Goa facility.

• Statement 1 is correct: Central Drugs Standard Control Organisation (CDSCO) works under the Ministry of Health & Family Welfare. Drugs Controller General of India (DCGI) is the head of the CDSCO. CDSCO has six zonal offices, four sub-zonal offices, 13 port offices and seven laboratories under its control.
• Statement 2 is correct: The Central Drugs Standard Control Organization (CDSCO) is the Central Drug Authority for discharging functions assigned to the Central Government under the Drugs and Cosmetics Act 1940.
• Statement 3 is incorrect: Central Drugs Standard Control Organisation (CDSCO), along with state regulators, is jointly responsible for the grant of licenses of certain specialized categories of critical Drugs such as blood and blood products, Intravenous (I.V.) Fluids, Vaccine and Sera.