Skip to content
Home » Current Affairs Quiz » Prelims 2024 Current Affairs Quiz: Series 3, November 2023

Prelims 2024 Current Affairs Quiz: Series 3, November 2023

  1. There is no obligation for any party under the Paris Agreement to provide funds for Loss and Damage.
  2. It has been agreed in principle that payment to the loss and damage fund will be based on common but differentiated responsibility and obligation
  3. Climate Investment Funds (CIFs) have been established under UNFCC framework to manage Loss and Damage
  4. Developed and developing countries have agreed that loss and damage assistance will be loan-based

Which of the above statements is/are true?

  • (a) 1 and 3
  • (b) 1 and 2
  • (c) Only 1
  • (d) All of the above

Answer: (c)

Source: Hindustan Times (Developing nations open to locating Loss and Damage Fund in World Bank (November 4)

Explanation:

  • Developing countries recently expressed willingness to temporarily house the Loss and Damage (L&D) Fund in the World Bank. This is a change from their previous stance and could speed up the fund’s establishment.
  • The United States and many other developed nations support the idea of placing the fund in the World Bank.
  • The Paris Agreement doesn’t require mandatory contributions to the Loss and Damage fund. Cooperation, rather than obligation, is the basis for funding.
  • Developed nations have resisted proposals suggesting that contributions should be based on common but differentiated responsibilities and obligations.
  • Developed nations have declined to acknowledge the foundational principle of common-but-differentiated responsibilities and respective capabilities (CBDR&RC). Consequently, they’re resisting their leading role in financing developing countries.
  • Developing countries argue that placing the Loss & Damage (L&D) facility in the World Bank limits its independence. This is because the facility would lack a legal personality.
  • The Climate Investment Funds (CIFs) are currently overseen by the World Bank, not the United Nations Framework Convention on Climate Change (UNFCC).
  • There is a strong desire among developing nations for the fund to be located within the UNFCC. This is due to its mandatory adherence to equity principles.
  • The primary funding method of the World Bank is loans.
  • However, funding for loss and damage should be grant-based and easily accessible, not loan-based.

Read more about The Loss & Damage Fund

  • (a) Sri Lanka
  • (b) Bhutan
  • (c) Bangladesh
  • (4) Myanmar

Answer: (a)

Source: The Hindu (India will work with Sri Lanka on its debt treatment: Nirmala, November 4); The Print (200 yrs of Indian Tamils in Sri Lanka: Sitharaman & Tharoor to attend event marking painful history, November 2)

Explanation:

  • The ‘Naam 200’ event recently took place in Sri Lanka.
  • This event commemorates 200 years since Sri Lanka’s Malaiyaha Tamils arrived in the country.
  • The British brought these Tamils from India to work in coffee and tea plantations.
  • The Malaiyaha Tamils, also known as Hill Country Tamils or Indian-origin Tamils, have faced many hardships.
  • These include losing their citizenship and working under brutal conditions in tea plantations.
  • ‘Naam 200’ translates to ‘We are 200’.
  • Earlier this year, the Indian government approved a 75 crore Rs grant for the Malaiyaha Tamils.
  • These funds are earmarked for education and health projects in the region of the tea estates.
  • The grant was announced when Sri Lankan President Ranil Wicremesinghe visited New Delhi on July 21.
  • This is in addition to an ongoing project by India to build 14,000 homes for plantation families.
  • The Malaiyaha Tamils are the fourth largest ethnic group in Sri Lanka, following the Sinhalese, the ‘Sri Lankan’ Tamils, and the Muslim community.
  • Despite their significant population, they experience the worst conditions, sitting at the bottom of the social hierarchy.
  • Sri Lanka’s tea plantation history is deeply intertwined with its ethnic diversity.
  • The upcountry Tamils, also known as Malaiyaha Tamils, are a significant yet marginalized ethnic group in Sri Lanka.
  • This ethnic group is distinct from the Tamil communities in the north and east of Sri Lanka.
  • They have endured centuries of exploitation by plantation companies and severe discrimination.
  • The 1948 Citizenship Act took away their citizenship, leaving them stateless.
  • The Sirima-Shastri Pact of 1964 resulted in the repatriation of half a million Indian-origin Tamils to India.
  • However, those who remained in Sri Lanka had to continue fighting for their rights and were finally granted citizenship in 1977.
  1. Carbon Capture and Utilisation is an important component of India’s Net Zero Goal
  2. India aims to achieve net zero ambition by 2030
  3. Recently, India has developed a breakthrough technology to convert CO2 to carbon monoxide

Which of the above statements is/are true?

  • (a) Only One is true
  • (b) Only two is true
  • (c) All of the above are true
  • (d) One and three are true

Answer: (d)

Source: PIB (New technology for converting CO2 to CO holds potential for carbon capture and energy saving in the steel sector; November 3, 2023)

Explanation:

  • India is working towards the goal of having net zero emissions by 2070.
  • There’s now an innovative energy-efficient technology that captures carbon dioxide and transforms it into carbon monoxide.
  • This process occurs under electrocatalytic conditions and at normal temperatures, with water present.
  • This technology has potential uses in the steel industry.
  • The DST-supported National Centre of Excellence in Carbon Capture and Utilisation (NCoE-CCU) at IIT Bombay is creating new, scalable, and cost-effective methods to capture CO2 from different sources.
  • The captured CO2 is then converted into usable chemicals or stored permanently.
  • These efforts play a crucial role in reducing greenhouse gas emissions.
  • The NCoE-CCU’s technology, which converts CO2 to carbon monoxide (CO), has been patented. This innovation is also set to be published in the international journal, Nature Communications.
  • Carbon monoxide is widely used in numerous industries, particularly when synthesized into syn gas.
  • The steel industry relies heavily on CO for transforming iron ores into metallic iron in blast furnaces.
  • At present, CO is generated through coke/coal partial oxidation, a process that significantly produces CO2.
  • If this CO2 emission could be captured and converted back into CO, it would create a circular economy in the process, consequently cutting down on the carbon footprint and associated costs.
  • The current CO2 to CO conversion process requires high temperatures (400-750 °C), and an equivalent amount of H2 to drive the reaction forward, making it a highly energy-consuming process.

Related Readings

Prelims 2024: Read More Current Affairs Quiz