1. Which of the following statements is/are correct about the provisions of the Right to Information (Amendment) Act, 2019?
1.The Act states that the CIC and other ICs (appointed at the central and state level) will hold office for a term of five years.
2.The salaries, allowances, and other terms and conditions of service of the central and state CIC and ICs will be determined by the central government.
Select the correct statement using the code given below:
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2

Explanation:
Statement 1 is incorrect: The amendment act states that the central government will notify the term of office for the CIC and the ICs.

Statement 2 is correct: The salaries, allowances, and other terms and conditions of service of the central and state CIC and ICs will be determined by the central government.

Source:
https://www.thehindu.com/news/national/in-u-turn-centre-denies-existence-of-panel-to-oversee-supply-of-medical-oxygen/article35781739.ece
https://prsindia.org/billtrack/the-right-to-information-amendment-bill-2019


2. Which of the following statements is correct about Retrospective taxation?
(a) India does not have any retrospective taxation policy.
(b) It is a kind of tax on future transactions.
(c) It is a tax imposed on a transaction or deal that was conducted in the past.
(d) None of the other

Explanation: Option (c) is correct
A retrospective tax is a tax imposed on a transaction or deal that was conducted in the past. It was introduced in a 2012 amendment to the Finance Act, which enabled imposition of retrospective tax on deals executed after 1962 involving transfer of shares in a foreign entity which had assets in India.

Source:
https://www.thehindu.com/business/Economy/explained-why-is-retrospective-tax-being-scrapped/article35790901.ece

3. Which of the following is correct about the Atlantic Meridional Overturning Circulation (AMOC)?
1. Complete absence of any impact of climate change on AMOC is puzzling the experts.
2. The Gulf Stream is a part of AMOC.
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

Explanation:
Statement 1 is incorrect: A major current in the Atlantic, the Atlantic Meridional Overturning Circulation (AMOC) may be near a tipping point. A study published in Nature Climate Change shows that it may have become unstable over the last century. AMOC maintains the temperature equilibrium of Europe and influences world weather. Statement 2 is correct: The Gulf Stream is a part of AMOC.

Source:
https://www.independent.co.uk/climate-change/news/atlantic-ocean-current-tipping-point-b1897600.html

4. The Pensilungpa Glacier is located in which of the following regions?
(a) Kashmir
(b) Arunachal Pradesh
(c) Tibbet
(d) Ladakh

Explanation: Option (d) is correct
The Pensilungpa Glacier located in Ladakh’s Zanskar Valley is retreating due to increase in temperature and decrease in precipitation during winters, a recent study has found. Since 2015, the Wadia Institute of Himalayan Geology (WIHG) at Dehradun, an autonomous body under the Department of Science and Technology, has been working on various aspects on glaciology – glacier health (mass balance) monitoring, dynamics, discharge, past climatic conditions, speculation for future climate change and its impact on glaciers in this region. A team of scientists from the institute ventured to study the less explored region of the Himalayas at Zanskar in Ladakh.
Source:
https://www.thehindu.com/sci-tech/science/ladakh-glacier-retreat-due-to-warming-low-winter-precipitation-finds-study/article35788810.ece#:~:text=The%20Pensilungpa%20Glacier%20located%20in,a%20recent%20study%20has%20found.&text=A%20team%20of%20scientists%20from,Himalayas%20at%20Zanskar%20in%20Ladakh.


5. Which of the following statements is/are correct about the PM CARE fund?
1. The Prime Minister is the ex-officio chairman.
2. Donations made qualify as Corporate Social Responsibility expenditure under the Companies Act, 2013.

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

Explanation:
Statement 1 is correct: Even though the government has not revealed the official details of the fund, it informs that Prime Minister Narendra Modi is the ex-officio chairman while Minister of Defence, Minister of Home Affairs, and Minister of Finance are the ex-officio trustees.
 
Statement 2 is correct: The Prime Minister has the power to nominate the trustees who will be eminent persons in the field of research, health, science, social work, law, public administration, and philanthropy.

The fund is fully based on voluntary contributions from people or organisations and has no place in the Union Budget. The donations made to PM CARES Fund are tax-exempted under 80G benefits and also qualify as Corporate Social Responsibility expenditure under the Companies Act, 2013.

Source:
https://www.thehindu.com/news/national/oceans-of-money-diverted-to-pm-cares-fund-says-plea-in-sc/article35789115.ece