Quizzes 

Table of Content

Start PIB Quiz of 23rd – 24th May 2021

Q.1) Ministry of Power decides to set up a National Mission on use of Biomass in coal based thermal power plants. Consider the following statements: (1) To address the issue of air pollution due to farm stubble burning. (2) To reduce carbon footprints of thermal power generation (3) To support the energy transition in the country What is not one of the objectives of this mission?
Q.2) Consider the following statements with respect to one of the schemes under Ministry of Women and Child Development. Name the scheme: (1) The ministry has decided to extend it across 10 countries. (2) It is funded through Nirbhaya Fund. (3) It was launched in April 2015. (4) It provides assistance to Indian women who are survivors of gender-based violence.
Q.3) Consider the following statements regarding ‘Vesak Global Celebrations’ 2021 and select the incorrect one: (1) The event is being organised by the Ministry of Culture in collaboration with the International Buddhist Confederation (2) It is considered as double blessed day. (3) A digitised set of 50 volumes of the text of Tri- pitika was presented to Mongolia by India.
Q.4) A start-up has received the National Award 2021 from Technology Development Board for developing a commercial solution for conversion of carbon dioxide (CO2) to chemicals and fuels. What is that start-up?
Q.5) The government launched the first phase of the latest update to its digital corporate compliance portal, ‘MCA 21 Version 3.0’. What is not correct about this portal? (1) MCA stands for Mission on consumer affairs (2) It was launched in 2006 (3) It has made all company related information accessible to various stakeholders and the general public

Start RBI Quiz of 23rd – 24th May 2021

Q.1)Which of the following PPI Regulations proposed by RBI with the Bi monthly Monetary Policy of April 2021 have now been finally mandated as on May 2021 by the Central Bank? 1.It shall be mandatory for PPI issuers to give the holders of full-KYC PPIs interoperability by March 31, 2022 2. The maximum amount outstanding in respect of full-KYC PPIs has been decreased from ₹2 lakh to ₹ 1lakh. 3. The feature of cash withdrawal shall be permitted in respect of full-KYC PPIs issued by non-bank PPI issuers as well.
Q.2) RBI came up with the support window of Rs.10,000 crore, which was carved out for the small businesses but RBI efforts to accelerate lending to small firms have hit a roadblock with small finance banks opting to borrow just about Rs.400 crore out of the 10,000 crore allocated through special window for this purpose. The RBIs first special three-year Long term repo operation SLTRO on May 17 saw a muted response, with 7 out of 10 small banks probably skipping it. Which of the following is a major reason for Banks Not availing for loans offered by RBI under this facility?
Q.3) RBI has approved the transfer of ₹99,122 crore as surplus to the central government for the accounting period of nine months ended 31 March 2021. Which of the following options correctly states the source of earning this surplus for RBI?
Q.4) The apex court of the country has upheld the validity of the Centre's notification allowing banks to proceed against personal guarantors for recovery of loans given to a company under the Insolvency and Bankruptcy Code (IBC). Which of the following purposes will this move not serve ? 1.The verdict is a boost for lenders as it allows them to seek recovery of dues from guarantors of loans. 2.With this judgment, we can expect more debt realisation for the lenders. 3.Invoking personal guarantees can act as deterrent against defaults.
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About Anuj Jindal

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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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