Test: Weekly Current Affairs: July 15th to 21st - Humanities/Arts MCQ

The primary purpose of India's first weather derivatives market is to manage uncertainties related to weather. By providing financial instruments that hedge against weather-related risks, this market helps farmers and businesses safeguard against potential financial losses due to adverse weather conditions.

Humidity is not a key weather variable traded in the weather derivatives market. The primary variables include temperature (measured by Heating Degree Days and Cooling Degree Days) and rainfall. These variables are crucial for evaluating weather risks and creating appropriate financial instruments.

The initiative to achieve 70% RTC clean electricity is aimed at enhancing energy stability while significantly reducing carbon emissions. By providing a consistent supply of electricity from zero-carbon sources, this approach promotes genuine decarbonization and supports India's climate goals.

India is expecting the delivery of 12 GE-F404 engines by the end of the financial year. This delivery is part of a larger order for 99 engines, which are crucial for enhancing the capabilities of the Light Combat Aircraft (LCA) Tejas.

The report highlighted a significant increase in unvaccinated children, with over 14 million children missing routine vaccinations in 2024. This increase poses a serious risk to public health and indicates gaps in immunization coverage, particularly in conflict-affected areas.

The primary goal of the Karnataka government's new digital e-stamping system is to streamline and digitize the stamping and registration process, making it fully paperless and enhancing efficiency and transparency within the system.

The Select Committee recommended the removal of the no-refund clause for late filers, which was creating confusion and potential disputes. This change is aimed at simplifying the tax process and providing fair treatment to taxpayers.

Gurgaon faces significant flooding challenges during the monsoon season due to rapid urbanization outpacing infrastructure development, particularly in water management. This has led to severe waterlogging and traffic disruptions despite moderate rainfall levels.

US President Donald Trump was diagnosed with chronic venous insufficiency (CVI), a condition characterized by swelling in the legs. This condition is manageable and does not indicate any serious illness, emphasizing the importance of regular health check-ups.

China's GDP growth rate in the second quarter of 2025 was 5.2%. This growth exceeded analysts' expectations and highlighted China's ability to navigate ongoing trade tensions and structural economic challenges.

The INS Nistar is equipped with advanced diving systems and medical facilities, enhancing India's capabilities in submarine rescue operations. This vessel represents a significant advancement in maritime security for the Indian Navy.

The primary aim of merging low-enrollment government schools is to improve educational quality by optimizing resources and consolidating schools with better facilities. This approach addresses inefficiencies in the current educational system.

The NSCSTI 2.0 aims to modernize civil service training by incorporating innovative learning methods, including hybrid models and AI-driven training. This approach ensures that civil servants are well-prepared for contemporary challenges in public administration.

Brazil is not mentioned in the report as having a significant number of unvaccinated infants. The report highlights countries like Nigeria, Afghanistan, and Ethiopia as having high numbers of unvaccinated children, which poses serious public health risks.

Battery storage plays a crucial role in the round-the-clock clean electricity model by helping maintain a stable supply of clean energy, especially during non-generating hours. This is essential for ensuring continuous power availability from renewable sources.

One of the benefits of weather derivatives for farmers is that they can secure funds against poor monsoon rainfall. This financial instrument helps farmers mitigate risks associated with weather variability, providing a safety net during adverse conditions.

The Karnataka government first introduced e-stamping in 2008 to combat fraud associated with physical stamp papers. This initiative aimed to modernize and secure the stamping process, ensuring greater transparency and efficiency.

Misinformation and vaccine hesitancy are significant challenges affecting infant vaccination efforts globally. These factors complicate efforts to increase vaccination coverage, particularly in vulnerable populations, and contribute to the rise in unvaccinated children.

The LCA Mk-1A variant is distinguished by its inclusion of an Active Electronically Scanned Array (AESA) radar, which enhances its combat capabilities significantly, particularly in Beyond Visual Range (BVR) combat scenarios.

The government believes that merging low-enrollment schools will lead to better resource utilization, which can improve the overall quality of education. By consolidating resources, schools can provide more effective services and facilities to students.

The increase in China's GDP growth rate indicates resilience in navigating structural challenges. Despite trade tensions and economic difficulties, China's economy has managed to grow, showcasing its adaptive capabilities in changing global conditions.

One of the main objectives of the National Standards for Civil Service Training Institutes 2.0 is to foster innovation and excellence in public administration. By modernizing training standards, the initiative aims to develop a more effective and citizen-centric civil service.

A significant concern regarding the potential impact of school mergers is the increased travel distances for students, which may disproportionately affect marginalized groups, particularly girls. This could lead to higher dropout rates and hinder access to education.

The primary role of the INS Nistar is to support submarine rescue operations. This vessel enhances India's capabilities in underwater operations, providing critical support during emergencies and contributing to maritime safety in the region.

"Round-the-clock clean electricity" refers to a continuous power supply generated from zero-carbon sources, such as solar, wind, and battery storage. This model ensures that electricity is available at all times, promoting stability and reducing reliance on fossil fuels.