1) Which of the following statements is/are correct about Indira Awaas Yojana?
1. Indira Awaas Yojana was funded by the centre and states in 75:25 proportion in the plains while the cost was shared in 90:10 proportion in hilly or difficult terrains.
2. Under this scheme houses were provided to people below poverty line, SC, ST, physically handicapped or minorities in urban and rural areas.
a. Only 1
b. Only 2
c. Both
d. None
|
Answer
Explanation
Related Ques
|
ANSWER: Only 1
Explanation:
- Indira Awaas Yojana provide housing for the rural poor.
- NITI Aayog has approved a proposal to restructure the decades old rural housing scheme Indira Awaas Yojana to provide houses to 2.95 crore people over the next seven years at an estimated cost of Rs 2.5 lakh crore.
|
|
2) Which of the following statements is/are correct?
1. The President of the United Nations General Assembly is a position voted for by representatives in the United Nations General Assembly (UNGA) on a yearly basis.
2. The President of the United Nations Security Council is a post held on monthly rotation basis.
a. Only 1
b. Only 2
c. Both
d. None
|
Answer
Explanation
Related Ques
|
ANSWER: Both
Explanation:
The current President of the United Nations General Assembly is Mogens Lykketoft of Denmark. For September 2015, the post of the President of the United Nations Security Council is held by the delegation of Russia.
|
|
3) Which of the following statements is/are correct?
1. FMC is overseen by the Ministry of Consumer Affairs, Food and Public Distribution.
2. FMC is merged with SEBI on 28th September 2015.
a. Only 1
b. Only 2
c. Both
d. None
|
Answer
Explanation
Related Ques
|
ANSWER: Only 2
Explanation:
- The Forward Markets Commission (FMC) is the chief regulator of commodity future markets in India.
- It is headquartered in Mumbai and this financial regulatory agency is overseen by the Ministry of Finance.
- In September 2013, the commission responsibility was moved to the Ministry of Finance to reflect that futures trading was becoming more and more a financial activity
|
|
4) Which of the following statements is/are correct?
1. The minimum capital requirement would be Rs 100 crore for payment bank as well as for small finance banks.
2. No credit lending is allowed for small finance banks while payment banks can provide loans and advances of up to Rs 25 lakhs, primarily to micro enterprises.
a. Only 1
b. Only 2
c. Both
d. None
|
Answer
Explanation
|
ANSWER: Only 2
Explanation:
No credit lending is allowed for payment banks while small finance banks can provide Loans and advances of up to Rs 25 lakhs, primarily to micro enterprises.
|
|
5) The Reserve Bank of India cut the repo rate by -
a. 25 basis points
b. 30 basis points
c. 50 basis points
d. 75 basis points
|
Answer
Explanation
|
ANSWER: 50 basis points
Explanation:
RBI governor Raghuram Rajan cut repo rate by 50 basis points to 6.75%. The repo rate now stands at a 4-1/2 year low. Cash Reserve Ratio (CRR) remains unchanged at 4%.
|
|
6) What is the target inflation to be achieved by January 2016?
a. 5%
b. 4%
c. 6%
d. 3%
|
Answer
Explanation
|
ANSWER: 6%
Explanation:
- The Centre and RBI signed an agreement under which RBI will prioritize controlling price rise above the other objectives of the monetary policy -interest rates and the foreign exchange rate.
- RBI is committed to bringing inflation below 6 percent by January 2016. The consumer inflation target has been set at 4 percent, with a band of plus or minus 2 percentage points, for the financial year 2016-17.
- Under the agreement, RBI will be deemed to have missed its target if consumer inflation remains above the 6 percent level for three consecutive quarters during 2015-16 or if it remains below 2 percent for three consecutive quarters during the year 2016-17.
- The bank will have to explain to the government the causes, and what steps it intends to take to steer inflation back within a given time if it misses the target.
|
|
7) ”A Million Voices: The World We Want" is report by -
a. WHO
b. IUCN
c. UNISEF
d. UN
|
Answer
Explanation
Related Ques
|
ANSWER: UN
Explanation:
The voices of more than 1 million people all over the world were gathered to produce a United Nations report that reflects their priorities concerning development issues, which will help Member States shape the post-2015 sustainability agenda.
|
|
8) Sustainable Development Goals and targets are to be achieved by-
a. 2020
b. 2025
c. 2030
d. 2050
|
Answer
Explanation
Related Ques
|
ANSWER: 2030
Explanation:
On September 25th, countries will have the opportunity to adopt a set of global goals to end poverty, protect the planet, and ensure prosperity for all as part of a new sustainable development agenda. Each goal has specific targets to be achieved over the next 15 years.
|
|
9) Which of the following statements is/are correct about IWAI?
1. IWAI is the statutory authority in charge of the waterways in India.
2. National Waterways 6 is a proposed waterway between Lakhipur and Bhanga of the Barak River.
a. Only 1
b. Only 2
c. Both
d. None
|
Answer
Explanation
Related Ques
|
ANSWER: Both
Explanation:
The Inland Waterways Authority of India will execute the National Waterways 6 project in two phases. The first will be completed by 2016-17 and the second by 2018-19, integrating the waterways in the northeast and helping cargo transport through Assam, Nagaland, Mizoram, Manipur, Tripura and Arunachal Pradesh.
|
|
