MCQS
Q1: With reference to National Payments Corporation of India, consider the following statements:
- It manages all retail payments systems in India.
- Indian Banks’ Association (IBA) provides the guidance and support to NCPI.
- 1 only
- 2 only
- Both 1 and 2
- Neither 1 nor 2
Answer : c
Explanation
National Payments Corporation of India (NPCI) is an umbrella organization for all retail payments systems in India.
It was set up with the guidance and support of the Reserve Bank of India (RBI) and Indian Banks’ Association (IBA).
Objectives:
To consolidate and integrate the existing multiple systems into a nation-wide uniform and standard business process for all retail payment systems.
To facilitate an affordable payment mechanism to benefit the common man across the country and propel financial inclusion.
Q2: consider the following statements regarding Prime Minister’s Employment Generation Programme (PMEGP) and choose the correct options
- It is a centrally sponsored scheme.
- Assistance is provided under the scheme to the new units as well as old units , units that have availed government subsidies under either the state or the central government schemes.
- 1 only
- 2 only
- both a and b
- none of the above
answer: d.
Explanation:
It is a central sector scheme.
Assistance is provided under the scheme only to the new units, units that have availed government subsidies under either the state or the central government schemes; existing units are not eligible for subsidy under PMEGP.
- Consider the following statements about Fast Radio Bursts (FRBs) and choose the correct option:
- In the Milky Way, the Fast Radio Burst was spotted for the first time in 2007.
- In the recently spotted FRB, the radio component was detected by NASA’s Wind
Mission.
- 1 only
- 2 only
- Both 1 and 2
- Neither 1 nor 2
Answer : d
Explanation
FRB are bright bursts of radio waves (radio waves can be produced by astronomical objects with changing magnetic fields) whose durations lie in the millisecond-scale, because of which it is difficult to detect them and determine their position in the sky.
It was first discovered in 2007.
Recently, the National Aeronautics and Space Administration (NASA) has spotted fast Radio Burst for the first time in the Milky Way.
NASA observed a mix of X-ray and radio signals never observed before in the Milky Way.
The X-ray portion of the simultaneous bursts was detected by severalsatellites, including NASA’s Wind mission.
The radio component was discovered by the Canadian Hydrogen Intensity Mapping Experiment (CHIME), a radio telescope located at Dominion Radio Astrophysical Observatory in British Columbia.
Q4: Which of the following Protected Areas is/are not located in Arunachal Pradesh?
- Talle Wildlife Sanctuary.
- Orang National Park
- Mouling National Park.
- Sessa Orchid Sanctuary
- 1 and 4 only
- 2 and 3 only
- 2 only
- 1, 2 and 4
Correct Answer : c
Explanation
The Protected Areas in Arunachal Pradesh are:
Pakke Tiger Reserve
Talle Wildlife Sanctuary
Dihang Dibang Biosphere Reserve
Eagle Nest Wildlife Sanctuary
Namdapha Tiger Reserve
Mouling National Park
Sessa Orchid Sanctuary
The Orang National Park is a national park in India located on the northern bank of the Brahmaputra River in the Udalguri and Sonitpur districts of Assam.