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Daily Current Affairs Answer & Explanation : 08 July 2020

Question 1.

Answer- c

Explanation:

  • The AAGR is the average increasein the value of an individual investment, portfolio, asset, or cash stream over the period of a year.
  • Compound annual growth rate (CAGR) is the rate of return that would be required for an investment to grow from its beginning balance to its ending balance.

 

Question 2.

Answer- b

Explanation:

  • None of the drinking water samples randomly collected from across Delhi conforms to the ISO standards of purity in one or more requirements, the Bureau of Indian Standards (BIS) informed the Supreme Court recently.
  • It was found as per, IS 10500:2012 specification for Drinking Water.
  • The standard was adopted by the Bureau of Indian Standards with the following objectives,

 

Question 3.

Answer-  d

Explanation :

Six official committees have so far estimated the number of people living in poverty in India — the working group of 1962; V N Dandekar and N Rath in 1971; Y K Alagh in 1979; D T Lakdawala in 1993; Suresh Tendulkar in 2009; and C Rangarajan in 2014.

 

Question 4.

Answer c

Explanation :

The Union government will soon re-adopt the Build-Operate-Transfer(BOT) model over the Hybrid Annuity Model (HAM) for executing highway projects.

  • HAM was brought in by the government in 2015 to encourage private participation and it served the purpose for a few years till banks red-flagged lending for these projects.
  • HAM is a mix of Engineering, Procurement and Construction (EPC) and BOT format

 

Question 5.

Answer-  b

Explanation:

  • The novel coronavirus disease that emerged in Wuhan, China, in the final days of last year, is now in at least 47 countries around the world, spanning every continent except Antarctica.

The World Health Organisation (WHO) and other health authorities have so far been referring only to a COVID-19 “outbreak”, which WHO on January 30 declared was a “Public Health Emergency of International Concern”.

 

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