Table of Content

Start PIB Quiz of 02nd – 03rd August 2021

Q.1) Which are the two new facilities, approved under the Strategic Petroleum Reserves program? (1) Chandikhol, Odisha (2) Padur, Karnataka (3) Mangaluru, Karnataka (4) Visakhapatnam, Andhra Pradesh Options:
Q.2) Which is not one of the objectives of repealing the Lighthouse Act, 1927 and passing the Marine Aids to Navigation Bill 2021?
Q.3) Which is not one of the achievements demonstrated by the Dholavira, the Harappan City of India, inscribed on UNESCO’s World Heritage List in 2021?
Q.4) Which scheme has been launched for social audit of social sector schemes by the Ministry of Social Justice and Empowerment?
Q.5) How many states are covered under the Central Sector Scheme on Conservation, Development and Sustainable Management of Medicinal Plants?

Start RBI Quiz of 02nd – 03rd August 2021

Q.1) RBI constructed a composite Digital Payments Index (DPI) to capture the extent of digitisation of payments across the country. The RBI-DPI comprises of 5 broad parameters that enable measurement of deepening and penetration of digital payments in the country over different time periods. Which of the following is not one of those parameters? 1.Payment Enablers 2. Payment Infrastructure – Demand and supply side factors 3. Payment Performance 4. Consumer Centricity
Q.2) Recently, the Union Cabinet has cleared the Deposit Insurance and Credit Guarantee Corporation (DICGC) Bill, 2021. It allows customers of failed or stressed banks which are placed under moratorium to get their deposits (upto Rs 5 lakh) back within _____ days of start of moratorium.
Q.3) RBI recently allowed non-banks to participate in its Centralised Payment Systems (CPS). Identify the statements correctly related. 1. Centralised Payment Systems in India include RTGS and NEFT systems, both owned and operated by Reserve Bank. 2. Direct access for non-banks to CPS brings advantages to non-banks like reduction in cost of payments, minimising dependence on banks and reducing the time taken for completing payments 3. In the first phase, only Prepaid Payment Instrument (PPI) Issuers, Card Networks and White Label ATM Operators shall be provided access.
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About Anuj Jindal


Anuj Jindal, the founder, is an ex-manager from SBI, with an M.Com from Delhi School of Economics. He also has a JRF in Commerce & Management and NET in HRM, along with more than 4 years of experience in the field of Education.

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