General Awareness Questions

PMLA stands for Prevention of Money Laundering Act, 2002. So, L stands for Laundering. Prevention of Money Laundering Act, 2002 is an Act of the Parliament of India enacted by the NDA
government to prevent money-laundering and to provide for confiscation of property derived from money-laundering.

Originally designed for Taiwan, Beijing applied the “One Country, Two Systems” principle to Hong Kong on July 1, 1997 when sovereignty of the territory was passed from Britain to China.But “One Country, Two Systems,” which guarantees a degree of autonomy under Chinese supervision, isn’t applicable to Taiwan. The island has evolved into a self-ruled, hyper-democracy that enjoys de facto operational independence

India Integrated Coastal Zone Management Project

• To conserve, project and manage the coastal and marine environment, the Ministry is implementing the India ICZM Project with the World Bank assistance.

• For the implementation of the project the Ministry has established a Society of Integrated Coastal Management (SICOM) as nodal body under the Society Registration Act, in Delhi.

• The ICZM Project is being implemented as pilot investments in the coastal states of Gujarat, Odisha and West Bengal.

• National activities are implemented through SICOM along with monitoring of activities carried out by three selected states.

• The project has four implementing agencies-MoEF at the national level with lead responsibilities, and the Departments of Forests and Environment (DoEF) of the threeparticipating states.

International Hockey Federation chief Narinder Batra has been elected as President of Indian Olympic Association for four year term at its annual general meeting.