IQRA IAS (CHANNEL) -Wisdom Leads to Success

2022-05-30 17:02:06 Question 01:

Answer: d

Special Purpose Acquisition Company (SPAC)
A special purpose acquisition company (SPAC) is formed to raise money through an initial public offering (IPO) to buy another company.
At the time of their IPOs, SPACs have no existing business operations or even stated targets for acquisition.
Investors in SPACs can range from well-known private equity funds and celebrities to the general public.
In India, the SPAC issuer must complete the business combination within a maximum of 36 months from the date of listing.
A Special Purpose Acquisition Company (SPAC) is a corporation formed for the sole purpose of raising investment capital through an Initial Public Offering (IPO).
At the time of their IPOs, SPACs have no existing business operations or even stated targets for acquisition.
Such a business structure allows investors to contribute money towards a fund, which is then used to acquire one or more unspecified businesses to be identified after the IPO.
Therefore, this sort of shell firm structure is often called a “blank-check company” in popular media.
Once the money is raised from the public, it is kept in an escrow account, which can be accessed while making the acquisition.
If the acquisition is not made within two years of the IPO, the SPAC is delisted and the money is returned to the investors. Open / Comment

2022-05-30 17:00:00 Question 02:

Answer: a

Quantum Internet

• The quantum internet is a network that will let quantum devices exchange some information within an environment that harnesses the weird laws of quantum mechanics.
• In theory, this would lend the quantum internet unprecedented capabilities that are impossible to carry out with today's web applications.
• In the quantum world, data can be encoded in the state of qubits, which can be created in quantum devices like a quantum computer or a quantum processor.
• And the quantum internet, in simple terms, will involve sending qubits across a network of multiple quantum devices that are physically separated. Open / Comment

2022-05-30 16:59:59 Question 01:

Answer: d

Special Purpose Acquisition Company (SPAC)
A special purpose acquisition company (SPAC) is formed to raise money through an initial public offering (IPO) to buy another company.
At the time of their IPOs, SPACs have no existing business operations or even stated targets for acquisition.
Investors in SPACs can range from well-known private equity funds and celebrities to the general public.
In India, the SPAC issuer must complete the business combination within a maximum of 36 months from the date of listing.
A Special Purpose Acquisition Company (SPAC) is a corporation formed for the sole purpose of raising investment capital through an Initial Public Offering (IPO).
At the time of their IPOs, SPACs have no existing business operations or even stated targets for acquisition.
Such a business structure allows investors to contribute money towards a fund, which is then used to acquire one or more unspecified businesses to be identified after the IPO.
Therefore, this sort of shell firm structure is often called a “blank-check company” in popular media.
Once the money is raised from the public, it is kept in an escrow account, which can be accessed while making the acquisition.
If the acquisition is not made within two years of the IPO, the SPAC is delisted and the money is returned to the investors. Open / Comment

2022-05-30 15:34:04 Open / Comment

2022-05-30 15:33:29 Question 02: Consider the following statements regarding Quantum Internet:

a. It is a network that will let quantum devices exchange information within an environment of quantum mechanics.

b. It is a rapidly-emerging technology that harnesses the laws of quantum mechanics to solve problems too complex for classical computers.

c. It is a science dealing with the behavior of matter and light on the atomic and subatomic scale.

d. None of the above. Open / Comment

2022-05-30 15:32:06 Open / Comment

2022-05-30 15:31:21 Question 01: Consider the following statements regarding special purpose acquisition company (SPAC):

1. It is a company that has no commercial operations and is formed strictly to raise capital through an initial public offering (IPO).

2. In India, the SPAC issuer must complete the business combination within a maximum of 36 months from the date of listing. Open / Comment

2022-05-28 17:00:31 Question 02:

Answer: c

Direct Liquid Cooling Technology
• Direct Liquid Cooling (DLC) uses the exceptional thermal conductivity of liquid to provide dense, concentrated cooling to targeted areas.
• By using DLC and warm water, the dependence on fans and expensive air handling systems is drastically reduced.
• There are six basic types of liquid cooling systems: Liquid-to-liquid; Closed-loop dry system; Closed-loop dry system with trim cooling; Open-loop evaporative system; Closed-loop evaporative system; Chilled water system.
PARAM PORUL
• PARAM PORUL supercomputing facility is established under Phase 2 of the National Supercomputing Mission to Facilitate Computational Research.
• PARAM PORUL system is based on Direct Contact Liquid Cooling technology to obtain a high power usage effectiveness and thereby reducing the operational cost. Open / Comment

2022-05-28 17:00:30 Question 01:

Answer: d

First Movers Coalition
• It is a global initiative aimed at decarbonizing the heavy industry and long-distance transport sectors responsible for 30 percent of global emissions.
• It was launched by US President Joe Biden and the WEF at COP26 as a flagship public-private partnership to clean up the most carbon-intensive sectors.
• Besides India, Denmark, Italy, Japan, Norway, Singapore, Sweden, and the United Kingdom have also joined the US as government partners to create early markets for clean technologies through policy measures and private sector engagements.
• India, along with Japan and Sweden, has also joined the steering board of the coalition.
• Led by the WEF and the US government, the First Movers Coalition targets sectors, including aluminum, aviation, chemicals, concrete, shipping, steel, and trucking. Open / Comment

2022-05-28 14:59:23 Open / Comment