Daily Quiz :30th October

Explanation:

• At the end of fiscal year 2022, India had over 46 million hectares of land area for cultivation of rice which is the highest.. Hence statement 1 is correct

• Cotton has about 121.25 lakh ha area coverage as compared to. 51.78 lakh ha area coverage under sugarcane.Hence statement 2 is correct

• About 51.78 lakh ha area coverage under sugarcane as compared to 51.20 lakh ha. during the corresponding period of last year. It has shown improvement rather then steadily decreasingHence statement 3 is incorrect

Explanation:

• The Pradhan Mantri Jan Dhan Yojana (PMJDY) is indeed a major initiative of the Government of India aimed at promoting financial inclusion and providing banking services to all households in the country. Launched in August 2014, this scheme was designed to ensure that every household in India has access to basic financial services, including a bank account, debit card, and insurance facilities. The primary goal of PMJDY is to bring the marginalized sections of society into the formal banking system and promote a culture of savings among them. It has been highly successful in increasing financial access and literacy across the country.Hence statement 1 is correct

• The Make in India Initiative, on the other hand, is a different government program launched to promote manufacturing and industrial growth in India. It aims to encourage multinational and domestic companies to manufacture their products within the country, thereby creating jobs, boosting economic growth, and making India a global manufacturing hub. While it is a significant initiative for economic development. Hence statement 2 is incorrect

Explanation:

• Slow progress in infrastructure development: Insufficient progress in infrastructure development, including roads, ports, and power, has been a major hurdle in India's economic growth. Inadequate infrastructure can impede the efficiency of businesses, hinder trade, and slow down overall economic development.Hence statement 1 is incorrect

• High rates of human capital formation: High rates of human capital formation, referring to the development and accumulation of skilled human resources through education, training, and health initiatives, are generally considered beneficial for economic growth. Therefore, it does not align with the impediments to India's economic growth and development.Hence statement 2 is correct

• Persistent fiscal deficit: A persistent fiscal deficit occurs when a government's total expenditures exceed its total revenue, excluding money from borrowing. This can lead to increased government borrowing, inflation, and reduced investments, which can impede overall economic growth and development.Hence statement 3 is incorrect

Explanation:

• The Atal Innovation Mission (AIM) is a flagship initiative of NITI Aayog, the Government of India's premier policy think tank. It was launched in 2016 to promote a culture of innovation and entrepreneurship in the country.Hence option 4 is correct

Explanation:

• Primary waves are the fastest seismic waves and are the first to arrive at a seismograph after an earthquake. They are compressional waves that cause the ground to move back and forth in the direction of the wave. While they can cause shaking and minor damage, they are less destructive than secondary waves. Hence option 1 is incorrect

• Secondary waves are slower than primary waves but are responsible for the majority of earthquake-induced damage on the Earth's surface. These shear waves move in a side-to-side or up-and-down motion, causing more significant ground shaking and structural damage. Hence option 2 is correct