29 June : Daily Current Affairs Quiz

Answer:  Option A - It is the excess of government expenditures over its revenues, excluding borrowings.

Explanation:

• Fiscal deficit is the difference between the government's total expenditure and its total revenue, excluding borrowings.
• It indicates how much the government needs to borrow to cover its expenditure when revenue falls short.
• This measure is crucial for assessing the sustainability of government finances and economic stability.

Answer:  Option C - The use of soapstone for intricate carvings and the star-shaped platforms of temples.

Explanation:

• Hoysala architecture is renowned for its detailed carvings made from soapstone, allowing for intricate and elaborate designs.
• The temples often feature distinctive star-shaped platforms (stellate plan) which enhance their aesthetic appeal.
• These elements, along with the extensive sculptural work depicting various deities and mythological scenes, set Hoysala architecture apart from other Indian architectural styles.

Answer:  Option B - Maurya is known for its use in Ayurveda, while Davana is an aromatic herb used in perfumery, both native to India.

Explanation:

• Maurya, used in Ayurveda, has significant medicinal properties, while Davana (Artemisia pallens) is an aromatic herb extensively utilised in the perfumery industry.
• Both plants are native to India, highlighting their importance in traditional medicine and fragrance production.
• Their unique applications reflect the rich botanical diversity and cultural heritage of India.

Answer:  Option B -  To facilitate rural land record management and decentralised planning with high-resolution satellite imagery at 1:10K scale.

Explanation:

• Bhuvan Panchayat (Ver. 4.0) aims to support rural land record management and decentralised planning by providing detailed visualisations using high-resolution satellite imagery at a 1:10K scale.
• This initiative empowers citizens at the grassroots level, particularly in Panchayats, by offering real-time data, reducing dependence on local administration, and promoting transparency in land record management.

Answer:  Option B - The European Council consists of the heads of state or government of the EU member states and defines the general political direction and priorities of the European Union.

Explanation:

• The European Council comprises the heads of state or government of the EU member states, the President of the European Council, and the President of the European Commission.
• It does not legislate but sets the EU's overall political agenda and priorities, providing strategic guidance on key issues.