Table of Content

Start PIB Quiz of 09th – 10th August 2021

Q.1) What is/are the basic reason(s) of releasing the report for power distribution sector, titled “Turning Around the Power Distribution Sector” by NITI Ayog? (1) Most DISCOMs in India incur losses every year. (2) DISCOMs are unable to make investments required to ensure high-quality power. (3) DISCOMs are unable to prepare for greater use of variable renewable energy.
Q.2) What is not one of the amendments under the ‘Airports Economic Regulatory Authority of India (Amendment) Bill, 2021’ which has passed in Rajya Sabha in August 2021. (1) This bill designates an airport as a major airport if it has annual passenger traffic of at least 35 lakhs. (2) AERA could regulate tariff for aeronautical services only for just major airports with annual passenger traffic of more than 35 lakh. (3) The government will not be able to club profitable and non-profitable airports as a combination/package to bidders.
Q.3) Following are some features of one of the schemes under the Ministry of Education, revised for a period of five years i.e., from 2021-22 to 2025-26. Select the apt scheme and mark your answer: It was launched in the year 2018. It is an integrated scheme for school education covering the entire gamut from pre-school to class XII. It provides support for the implementation of the Right to Education (RTE) Act. It was subsumed three schemes: Sarva Shiksha Abhiyan (SSA), Rashtriya Madhyamik Shiksha Abhiyan (RMSA) and Teacher Education (TE).
Q.4) Which organisation has invited bids to explore the chances of retrofitting the diesel-powered Diesel Electric Multiple Unit (DEMU) into a hydrogen fuel-based train?
Q.5) Khadi and Village Industries Commission (KVIC) has secured Patent registration for its innovative Plastic-mixed Handmade Paper. This paper is developed under which project?
Q.6) Scheme for Reclamation of Problem Soils (RPS) is a sub-scheme of the ______scheme, introduced in 2016-17.

Start RBI Quiz of 09th – 10th August 2021

Q.1) Identify the statements correctly related to RBI’s Bimonthly policy released on August 2021. 1.Repo rate unchanged: 3.0 per cent. 2.Reverse repo rate unchanged: 3.35 per cent 3.Marginal standing facility (MSF) rate and the Bank Rate: 4 per cent.
Q.2) Identify the tool under which the central bank provides one-year to three-year money to banks at the prevailing repo rate, accepting government securities with matching or higher tenure as the collateral and the banks invest it in specific sectors through debt instruments (corporate bonds, commercial papers, and non-convertible debentures ) to push the credit flow in the economy.
Q.3) RBI issued an advisory in June encouraging banks and other RBI regulated entities to cease entering into new contracts that use LIBOR and instead adopt any Alternative Reference Rate (ARR) as soon as practicable and in any event by December 31, 2021. In this context, RBI has decided to amend which of the following guidelines? 1.Export credit in foreign currency 2.Restructuring of derivative contracts 3.Deferral of Deadline for Achievement of Financial Parameters under Resolution Framework 1.0
Q.4) The Statement on Developmental and Regulatory Policies sets out various developmental measures including liquidity and regulatory measures. Which of the following measures taken have not been highlighted in this statement of August 2021?
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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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