Table of Content

Start PIB Quiz of 15th – 16th May 2021

Q.1) Mucormycosis, a fungal infection, is being reported in a few COVID-19 patients during or post recovery. What is NOT one of the causes of this disease?
Q.2) Ministry of Tribal Affairs and ______ signed an MoU on Joint initiative for Digital Transformation of Tribal Schools.
Q.3) Indian Navy hosted ‘GMS-21’ under the aegis of Naval War College, Goa. The GMS was conceptualised and first held in which year?
Q.4) SAMVEDNA – a tele counselling is for what?
Q.5) A total of 186 elephants were killed after being hit by trains across India between 2009-10 and 2020-21. Which state accounted for the highest number of elephant casualties?

Start RBI Quiz of 15th – 16th May 2021

Q.1) RBI, in 2006 permitted banks to use intermediaries as Business Facilitators for providing financial and banking services to ensure greater financial inclusion and increasing outreach of the banking sector. The Business Facilitators are allowed to conduct banking business as agents of the banks at places other than the bank premises. Their scope of activities may include identification of borrowers, collection and processing of loan applications including verification of primary information/data, creating awareness ,debt counselling, monitoring of Self Help Groups etc. Identify the business facilitators being referred to in this very case.
Q.2) The priority sector lending guidelines were issued as a step to promote financial inclusion and to make sure that adequate institutional credit flows into some of the vulnerable sectors of the economy, which may not be attractive for the banks from the point of view of profitability. Which of the following is not a part of the major categories under priority sector.
Q.3) In order to support the very objective of financial inclusion, numerous initiatives have been undertaken. One such initiative is a Government of India scheme which provides farmers with timely access to credit. The scheme was launched in 1998 with the aim of providing short-term formal credit to farmers. It emerged as an innovative credit delivery mechanism to provide adequate and timely bank credit to farmers under a single window for their cultivation and other needs, including consumption, investment and insurance. The Scheme has now been extended to farmers involved in animal husbandry and fishery to enable them to meet their working capital requirements. Identify the scheme being talked about in this question.
Q.4) Monetary policy is the macroeconomic policy laid down by the central bank which involves management of money supply, interest rate and the use of economic policies to achieve macroeconomic objectives. It involves the use of monetary instruments under the control of the central bank to influence variables, such as interest rates, money supply and availability of credit, with a view to achieving the objectives of price stability, economic growth and financial stability. There are two different types of monetary policies: Expansionary monetary policy and the Contractionary monetary policy. Identify the statement correctly related to expansionary monetary policy.
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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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