Table of Content

Start PIB Quiz of 29th – 30th November 2021

Q.1) Consider the following statements with respect to ACROSS scheme and identify the correct statement/s (1) The scheme has been continued till 2026 (2) Total estimated cost is Rs.3135 Crore (3) There are 10 sub-schemes under ACROSS
Q.2) Consider the following statements with respect to O-SMART scheme and identify the incorrect statement/s (1) The scheme was launched in 2016 (2) It has been extended up to 2030 (3) There are 8 sub-schemes under the scheme
Q.3) Consider the following statements with respect to the National Apprenticeship Training Scheme and identify the correct statement/s (1) The scheme was launched in 2015 (2) The scheme has been extended from 2021-22 to 2025-26 (3) Implementing ministry is the ministry of education
Q.4) For how many states government of India has signed a loan agreement with Asian Development Bank worth $300 million to strengthen and improve access to comprehensive primary health care?
Q.5) Consider the following statements with respect to the new series of Wage Rate Index and identify the correct statement/s (1) New base year of WRI is 2016=100 (2) A total of 47 industries have been covered in the new WRI basket (3) In the second half of 2020, All-India Wage Rate Index Number stood at 119.7 

Start RBI Quiz of 29th – 30th November 2021

Q.1) Which of the following correctly states the limitations of Neo Banking because of which Niti Aayog proposed the full stack digital bank setup? 1.Limited Revenue Potential 2.Potential Obsolescence of the Partner Bank Core Banking System 3.Lower Customer Base
Q.2). Niti Aayog has suggested setting up of full-stack ‘digital banks’ and thus proposed certain framework for the same. Identify the incorrect statement in this regard. 1. Introducing a restricted Digital Business bank and enlisting the applicant in the regulatory sandbox to commence operations is the first stage of commencement of operations. 2. Grant of Full Stack Digital Business bank license is the second stage which is contingent on satisfactory performance of the Licensee in the sandbox. 3. Digital banks would be subject to more stricter prudential and liquidity norms than what are applicable to the commercial banks. 4. Upon progression to the final stage, a full-stack digital business bank will be required to bring in Rs 20 crore.
Q.3). Which of the following is correctly related to the India-US Digital Tax Deal?
Q.4). Which of the following recommendations of the Internal Working Group constituted by RBI to review the extant guidelines on ownership and corporate structure for Indian private sector banks have been accepted? 1.The promoters can raise their stake to 26 percent in the long run from 15 per cent currently. 2.Non-promoter shareholding will be capped at 10 per cent of the paid-up voting equity share capital of the bank in case of natural persons and non-financial institutions/entities 3.Hiking the Initial capital requirements
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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.