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Daily Current Affairs Answer & Explanation : 04 August 2020

Question 1.



  • In partnership with NITI Aayog, International Energy Agency (IEA) released the first in-depth review of India’s energy policies.
  • India has made strong progress in providing clean, secure and affordable energy to its citizens, according to IEA policy review.


Question 2.

Answer- b


  • Recently, the Punjab Agriculture and Farmers’ Welfare Department issued an advisory about Yellow Rust disease in wheat crops.
  • It is a fungal disease which turns leaves yellowish and affects the photosynthesis process.
  • Yellow Rust disease appears as yellow stripes of powder or dust on leaves and leaf sheaths of the wheat crop.
  • This yellow powder comes out on clothing or fingers when touched.
  • The disease can spread rapidly under congenial conditions and affects crop development, and eventually the yield.
  • In Indiait is a major disease in the Northern Hill Zone and the North-Western Plain Zone.
  •  It spreads easily in those region during the onset of cool weather and when wind conditions are favourable.
  • Rain, dew and fog favour the disease’s development.


Question 3.

Answer- a


  • The report, titled ‘Time to Care: Unpaid and Underpaid Care Work and the Global Inequality Crisis’ by Oxfam, the international nonprofit focussed on the alleviation of global poverty, underlined what has been said repeatedly by governments, research organisations and a range of multilateral bodies over the past decade or more — that economic inequality “is out of control”, with extremes of wealth existing alongside great poverty.


Question 4.

Answer : a


  • Recently, the United States, Mexico, and Canada have reached an agreement to modernize the 25-year-old NAFTA.
  • The new United States – Mexico – Canada Agreement (USMCA) will support mutually beneficial trade.
  • The USMCA replaces the North American Free Trade Agreement (NAFTA).
  • The new deal includes stronger labor and environmental provisions. American labor groups have backed the new trade deal.
  • It provides strong and effective protection and enforcement of IP rights critical to driving innovation, creating economic growth, and supporting American jobs.
  • In a major change, the U.S.M.C.A. rolls back a special system of arbitration that allowed companies to sue governments for unfair treatment.
  • The provision was criticized both by the Trump administration, which said it encouraged outsourcing, and by Democrats, who said it gave corporations too much power to challenge environmental and consumer regulations


Question 5.

Answer : a


  • Tyler Prize 2020 has been awarded to Indian economist who formulated Green Economy.
  • It has been awarded to conservation biologist Gretchen C. Daily, and environmental economist Pavan Sukhdev, both pioneers in illuminating and quantifying the economic value of our natural environment.
  • Pavan Sukhdev is a renowned environmental economist and UN Environment Programme Goodwill Ambassador.
  • He was also appointed as the study leader of a global UNEP-hosted study on ‘The Economics of Ecosystems & Biodiversity’ from 2008 to 2010.
  • The first report of the study was published during the peak of the 2008 global financial crisis.
  • The report went on to become a foundation for the Global Green Economy movement.
  • The Tyler prize is one of the first international premier environmental awards, described as the ‘Nobel Prize for Environment’


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