Current Affairs Question - 01 November 2019

National International Institutions, Agencies & Fora

International Solar Alliance


Second assembly of the International Solar Alliance (ISA) was hosted by the Ministry of New and Renewable Energy from 30th - 31st October 2019.Consider the following given statements about the ISA:

  1. ISA initiative was launched at the UN Climate Change Conference in Paris in November 2014, jointly by India and France.
  2. The ISA Framework Agreement was opened for signature during the CoP-22 at Marrakesh on 15th November, 2016.
  3. Under the alliance, India has pledged a target of installing 100GW by 2022 and reduction in emission intensity by 33–35% by 2030.

Choose the correct answer from the codes given below:

A
1 and 2
B
2 and 3
C
1 and 3
D
1, 2 and 3

National Programmes & Schemes

Export Credit Insurance Scheme


Export Credit Guarantee Corporation of India (ECGC) has introduced the Export Credit Insurance Scheme (ECIS) called NIRVIK to enhance loan availability and ease the lending process. Consider the following statements about the scheme:

  1. Under the NIRVIK, he insurance cover guaranteed will cover up to 90 percent of the principal and interest.
  2. The insurance cover will include both pre and post-shipment credit.

Choose the correct answer from the codes given below:

A
Only 1
B
Only 2
C
Both 1 and 2
D
Neither 1 nor 2
Submit