Q1. Consider the following statements with respect to National Payments Corporation
of India (NPCI)and choose the incorrect option:
- It is an umbrella organisation for operating retail payments and settlement systems in India.
- It is an initiative of the State Bank of India.
- It is incorporated as a Not for Profit Company.
- 2 and 3 only
- 2 only
- 3 only
- 1, 2 and 3
Q2. With reference to Production-Linked Incentive (PLI) scheme, consider the following
Statements and choose the correct option :
- It is an outcome and output oriented scheme.
- This scheme incentivises only the sunrise sectors.
- 1 only
- 2 only
- Both 1 and 2
- Neither 1 nor 2
Q3:
Consider the following statements about the OSIRIS-REx Mission and choose the correct options:
- The OSIRIS-REx spacecraft has recently touched down the surface of Mars to collect
the rock samples.
- Launched in 2016, the mission is a ten-year-long voyage and will return back to
Earth in 2026.
- 1 only
- 2 only
- Both 1 and 2
- Neither 1 nor 2
Q4:
Which of the following are the components of Pradhan Mantri Krishi Sinchayee Yojana?
- Accelerated Irrigation Benefit Programme (AIBP)
- Integrated Watershed Management Programme (IWMP)
- On-Farm Water Management (OFWM)
- Per Drop More Crop (PDMC)
- 1 and 3 only
- 2 and 3 only
- 3 and 4 only
- 1, 2, 3 and 4
Answers
Q1. Consider the following statements with respect to National Payments Corporation
of India (NPCI)and choose the incorrect option:
- It is an umbrella organisation for operating retail payments and settlement systems in India.
- It is an initiative of the State Bank of India.
- It is incorporated as a Not for Profit Company.
- 2 and 3 only
- 2 only
- 3 only
- 1, 2 and 3
Answer: b
Explanation:
National Payments Corporation of India (NPCI) is an umbrella organisation for operating retail payments and settlement systems in India.
It is an initiative of the Reserve Bank of India (RBI) and Indian Banks’ Association (IBA).
The NPCI has been incorporated as a “Not for Profit” Company, with an intention to provide infrastructure to the entire banking system in India for physical as well as electronic payment and settlement systems.
Q2. With reference to Production-Linked Incentive (PLI) scheme, consider the following
Statements and choose the correct option :
- It is an outcome and output oriented scheme.
- This scheme incentivises only the sunrise sectors.
- 1 only
- 2 only
- Both 1 and 2
- Neither 1 nor 2
Answer : a
Explanation
The government will soon extend the Production-Linked Incentive (PLI)scheme to eight more sectors to boost domestic manufacturing.
PLI Scheme is an outcome- and output-oriented scheme where incentives willbe paid only if the manufacturers make the goods.
This scheme will give cash incentives for five to seven years and all the sunrise and important sectors are proposed to be covered in this. Sunrise sectors are promising sectors but they may need support in the initial stage.
The incentivised sectors may be automobile, networking products, food processing,
advanced chemistry and solar PV manufacturing.
Q3:
Consider the following statements about the OSIRIS-REx Mission and choose the correct options:
- The OSIRIS-REx spacecraft has recently touched down the surface of Mars to collect
the rock samples.
- Launched in 2016, the mission is a ten-year-long voyage and will return back to
Earth in 2026.
- 1 only
- 2 only
- Both 1 and 2
- Neither 1 nor 2
Answer : d
Explanation
Recently, NASA’s OSIRIS-REx spacecraft briefly touched down on the surface of asteroid Bennu to collect rock and dust samples.
Bennu is an ancient asteroid, currently more than 200 million miles from Earth.
So far, it is known that this asteroid is a B-type asteroid, implying that it contains significant amounts of carbon and various other minerals.
It is the United States’ first asteroid sample return mission, aiming to collect and carry a pristine, unaltered sample from an asteroid back to earth for scientific study.
The OSIRIS-REx (Origins, Spectral Interpretation, Resource Identification, Security, Regolith Explorer) spacecraft was launched in 2016 for the journey to Bennu.
The mission is essentially a seven-year-long voyage and will conclude when at least 60 grams of samples are delivered back to the Earth (in 2023).
Q4:
Which of the following are the components of Pradhan Mantri Krishi Sinchayee Yojana?
- Accelerated Irrigation Benefit Programme (AIBP)
- Integrated Watershed Management Programme (IWMP)
- On-Farm Water Management (OFWM)
- Per Drop More Crop (PDMC)
- 1 and 3 only
- 2 and 3 only
- 3 and 4 only
- 1, 2, 3 and 4
Answer : d
Explanation
Pradhan Mantri Krishi Sinchayee Yojana (PMKSY) is a centrally sponsoredscheme launched in 2015 with the motto of “Har Khet Ko Paani”.
PMKSY has the following components:
Accelerated Irrigation Benefit Programme (AIBP)- Ministry of Water Resources, River Development & Ganga Rejuvenation (now Ministry of Jal Shakti).
Integrated Watershed Management Programme (IWMP) –
Department of Land Resources, Ministry of Rural Development. On-Farm Water Management (OFWM) – Department of Agriculture andCooperation (DAC).
PMKSY- Per Drop More Crop (PMKSY- PDMC): Department of Agriculture,Cooperation & Farmers Welfare is implementing PMKSY- PDMC which is operational in the country from 2015-16.
The PMKSY- PDMC focuses on enhancing water use efficiency at farm level through Micro Irrigation viz Drip and Sprinkler Irrigation System.
Besides promoting micro Irrigation, this component also supports micro level water storage or water conservation/management activities as Other Interventions to supplement source creation for Micro Irrigation.
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