UPSC PRELIMINARY MOCK TEST 181

India's first Insect Museum has been opened in Tamil Nadu, at the Tamil Nadu Agricultural University in Coimbatore.

It would display insects preserved as specimens as also live ones depicting their different developmental stages, images, videos and models of their unique behaviour, habits and habitats.

Statement 1 is correct. The Competition Commission of India has mandate for prevention and elimination of anti-competitive agreements, practices and arrangements (Section 3 of e Competition Act, 2002).

Statement 2 is incorrect. The Commission is required to give opinion on competition issues on a reference received from a statutory authority established under any law and to undertake competition advocacy, create public awareness and impart training on competition issues.

Key areas of work for the Commission are:

1. Prevention and elimination of anti-competitive agreements, practices and arrangements (Section 3)
2. Prohibition of abuse of dominant position (Section 4);
3. Regulation of Combinations (Section 5 & 6); and
4. Competition Advocacy (Section 49)3

Statement 1 is Correct: - Triclosan compound is commonly found in toothpaste and hand wash.

Statement 2 is Correct: - The study, led by JianhuaGuo from University of Queensland in Australia, said the overuse and misuse of Triclosancould antibiotics could led to antibiotic resistance of Bactria.

* The Asian Highway network is a network of 141,000kms of standardized roadways crisscrossing 32 Asian countries with linkages to Europe.
* The Asian Highway project was initiated in 1959 (ADB started functioning in 1966, so statement 1 is incorrect) with the aim of promoting the development of international road transport in the region. During the first phase of the project (1960-1970) considerable progress was achieved, however, progress slowed down when financial assistance was suspended in 1975.
* Entering into the 1980s and 1990s, regional political and economic changes spurred new momentum for the project.
* It became one of the three pillars of Asian Land Transport Infrastructure Development (ALTID) project, endorsed by the UNESCAP Commission in 1992, comprising Asian Highway, Trans-Asian Railway and facilitation of land transport projects.

AH Route Map: http://www.unescap.org/sites/default/files/AH%20map_1Nov2016.pdf ;
About: http://www.unescap.org/resources/asian-highway-route-map ;
Improvisation: http://pib.nic.in/newsite/PrintRelease.aspx?relid=170177 ;
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Definition: Capital Budget consists of capital receipts and payments. It also incorporates transactions in the Public Account.

Description: Capital receipts are loans raised by the government from the public (which are called market loans), borrowings by the government from the Reserve Bank and other parties through sale of treasury bills, loans received from foreign bodies and governments, and recoveries of loans granted by the Central government to state and Union Territory governments and other parties.

Capital payments consist of capital expenditure on acquisition of assets like land, buildings, machinery, and equipment, as also investments in shares, loans and advances granted by the Central government to state and Union Territory governments, government companies, corporations and other parties.

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