Read the passages and answer the following questions:-
Passage 1
The world’s top leaders from politics, business, civil society, academia, media, and the arts are set to descend on the Swiss mountain village of Davos in May 2022, as the World Economic Forum hosts its first in-person Annual Meeting for more than two years.
This extraordinary event takes place at a watershed moment in history from 22-26 May 2022, convening nearly 2,500 leaders to tackle global issues and find solutions to the world’s most urgent challenges including the ongoing global pandemic, the war in Ukraine, geo-economic shocks and climate change.
- Leaders from around the globe to meet in Davos, Switzerland for the World Economic Forum’s Annual Meeting 2022.
- The meeting is centered around the theme History at a Turning Point: Government Policies and Business Strategies.
- Nearly 2,500 leaders from politics, business, civil society and media to participate in the unique spring 2022 Annual Meeting.
What’s this year’s meeting about?
The meeting is centered around the theme History at a Turning Point: Government Policies and Business Strategies. It happens at the most consequential geopolitical and geo economic moment of the past three decades and against the backdrop of a once-in-a century pandemic.
The war in Ukraine and the resulting tragedy calls for global moral action. Leaders will address urgent humanitarian and security challenges as they simultaneously advance long standing economic, environmental and societal priorities – all while reinforcing the foundations of a stable global system.
Clarity of vision and unity of purpose will be crucial for making progress against the unprecedented complexity of a multipolar world.
The meeting provides a unique environment in which to reconnect, exchange insights, gain fresh perspectives and advance solutions.
What’s the conversation and where’s the impact?
The philosophy of collective action has endured for more than 50 years and it has never been more needed than now. The meeting is the starting point for a new era of global responsibility and cooperation. The moment demands it.
Sessions address: global cooperation; economic rebalancing; society, equity and global health; nature, food and climate; industry transformation; and innovation, governance and cybersecurity.
The focus is on setting strategies for impact, building new frontiers, creating viable future scenarios and providing ambitious solutions to the world’s biggest issues.
Over the past two years, the World Economic Forum has strengthened its impact initiatives, which deal with issues ranging from COVID-19 and climate change to education as well as technology and energy governance.
These include the Reskilling Revolution, an initiative to provide 1 billion people with better education, skills and jobs by 2030; an initiative on universal environmental, social and governance (ESG) metrics and disclosures to measure stakeholder capitalism; and the 1 Trillion trees initiative, 1t.org, to protect our trees and forests and restore the planet’s ecosystems.
1) The Davos Agenda is organized by whom?
a) World Economic Forum
b) United Nation World Data Forum
c) International Forum
d) Interpol
b) United Nation World Data Forum
c) International Forum
d) Interpol
2) The theme of the Davos Agenda Summit, 2021:
a) Better capitalism
b) Globalization 4.0: Shaping a Global Architecture in the Age of the Fourth Industrial
Revolution.
c) Stakeholders for a cohesive and sustainable world
d) Creating a Shared Future in a Fractured World
b) Globalization 4.0: Shaping a Global Architecture in the Age of the Fourth Industrial
Revolution.
c) Stakeholders for a cohesive and sustainable world
d) Creating a Shared Future in a Fractured World
3) Which is the new initiative that started to recover the global economy from the COVID-19 crisis?
a) Great Reset Initiative
b) Global Economy Revival Initiative
c) Great Financial Stability Initiative
d) Regional Economic Initiative
b) Global Economy Revival Initiative
c) Great Financial Stability Initiative
d) Regional Economic Initiative
Passage 2
With an aim to increase the power generation capacity of the central state of Madhya Pradesh and address the electricity problems in the region, a floating solar power plant is going to be built in Khandwa which will generate 600 Megawatt power by 2022-23, informed the officials on Wednesday.
Said to be the world’s largest floating solar plant, the project is estimated to be worth over Rs. 3000 crores. “Omkareshwar Dam is built on the Narmada river. This is our hydel project and in this, we produce energy from water, but it is spread over about 100 square kms, there is a very large water body where the water level remains normal,” Renewable Energy Department Principal Secretary Sanjay Dubey said.
Dubey also said that the change in water level in the area was nominal and it thus serves as a suitable site. “We will have a PPA of 300 MW. So we have given a little bit of leverage, maybe a little more or less as per the requirement, so in total instead of 300, we are doing PPA in the first phase of 278 MW,” he added.
Dubey also highlighted that with the new floating solar plant, Khandwa will become the only district in Madhya Pradesh to have thermal power stations, hydel and solar power. “In the next phase, we have called tenders for 300 MW more, so this will be the world’s largest project which will be called floating solar,” said Dubey.
Khandwa will become the only district in the state to have all three things including solar, hydel and thermal with over 4,000MW power to be produced from a single district,” he added.
4) On which dam the largest floating solar energy project in the world will be constructed?
a) Indrasagar Dam
b) Bansagar Dam
c) Bheemgarh Dam
d) Omkareshwar Dam
b) Bansagar Dam
c) Bheemgarh Dam
d) Omkareshwar Dam
5) Which international organizations will provide financial assistance to the project?
a) World Bank and International Monetary Fund
b) Asian Development Bank and International Monetary Fund
c) International Finance Corporation and Asian Development Bank
d) International Finance Corporation and World Bank
b) Asian Development Bank and International Monetary Fund
c) International Finance Corporation and Asian Development Bank
d) International Finance Corporation and World Bank
6) What will be the power capacity of the solar project?
a) 1000 megawatts
b) 600 megawatts
c) 1500 megawatts
d) 500 megawatts
b) 600 megawatts
c) 1500 megawatts
d) 500 megawatts
Answers
1) a
2) c
3) a
4) d
5) d
6) b
2) c
3) a
4) d
5) d
6) b
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Indrasish Majumder
Contributing author
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