Which one of the following statements about Unified Payments Interface (UPI) and Central Bank Digital Currency (Digital Rupee) is NOT correct?
Which one of the following statements about Unified Payments Interface (UPI) and Central Bank Digital Currency (Digital Rupee) is NOT correct? Which one of the following statements about Unified Payments Interface (UPI) and Central Bank Digital Currency (Digital Rupee) is NOT correct? Which one of the following statements about Unified Payments Interface (UPI) and Central […]
Which of the following statements about insurance in aviation sector is/are correct?
Question — Q.96 Which of the following statements about insurance in aviation sector is/are correct? 1 ‘Aviation Hull Insurance‘ covers the physical aircraft, including the body, engine, and on-board equipment. 2 Under the Montreal Convention, adopted in 1999 by over 130 countries, including India, airlines are strictly liable to pay compensation to the family/nominee of […]
Consider the following statements about the Multidimensional Poverty Index (MPI)
Question — Q.100 Consider the following statements about the Multidimensional Poverty Index (MPI): 1MPI is calculated using Alkire-Foster methodology. 2MPI calculated by NITI Aayog has a total of twelve indicators. 3Maternal Health and Bank Account are common indicators in the MPI of NITI Aayog and MPI of United Nations Development Programme (UNDP). A1 and 2 […]
Consider the following statements about the Non-Banking Financial Companies (NBFCs) in India
Question — Q.99 Consider the following statements about the Non-Banking Financial Companies (NBFCs) in India: 1NBFCs cannot accept demand deposits. 2All the NBFCs operating in India have to be registered with the RBI. 3NBFCs form part of the payment and settlement system and can issue cheque drawn on itself. 4Deposit insurance facility of DICGC is […]
With reference to different Committees in India, consider the following details. In which of the above rows are all the details correctly matched?
Question — Q.98 With reference to different Committees in India, consider the following details. In which of the above rows are all the details correctly matched? Sl.No. Committee Objective Organisation under which it was formed 1✗ R.N. Malhotra Committee Comprehensive reforms of Insurance sector in India Insurance Regulatory and Development Authority of India ✓ Actual: […]
Which of the following statements about Crowdfunding is/are correct?
Question Which of the following statements about Crowdfunding is/are correct? 1Crowdfunding is solicitation of funds (small amount) from multiple investors through a web-based platform or social networking site for a specific project. 2Small and Medium Enterprises (SMEs) are able to raise funds at lower cost of capital without undergoing rigorous procedures. A1 only B2 only […]
Which of the following statements about Rare Earth Elements (REEs) and Critical Minerals is/are correct?
Question Which of the following statements about Rare Earth Elements (REEs) and Critical Minerals is/are correct? 1Modern technological innovations including Artificial Intelligence, robotics and space exploration extensively utilise Rare Earth Elements (REEs). 2China has the highest share in mining of REEs followed by India. 3The Government of India launched the National Critical Mineral Mission (NCMM) […]
Which one of the following best describes the ‘Crowding Out Effect’ in the context of fiscal policy?
Question Which one of the following best describes the ‘Crowding Out Effect’ in the context of fiscal policy? AA situation where private investment increases due to increased Government spending BA situation where Government borrowing leads to higher interest rates, which reduces private investment ✓ CA situation where an increase in taxes leads to increased private […]
Which of the following statements about M1xchange’s role in Micro, Small & Medium Enterprises (MSMEs) financing is/are correct
Question Which of the following statements about M1xchange’s role in Micro, Small & Medium Enterprises (MSMEs) financing is/are correct? 1M1xchange provides collateral based loans to MSMEs. 2M1xchange facilitates discounting of invoices and Bills of Exchange for MSMEs. 3 M1xchange functions as a credit rating agency for MSMEs. A1, 2 and 3 B2 only ✓ C2 […]
A bond whose proceeds are used only to finance or refinance a combination of both environmental and social projects is called
Question A bond whose proceeds are used only to finance or refinance a combination of both environmental and social projects is called: AGreen Bond BSocial Bond CSustainability Bond ✓ DSovereign Bond ✓ Correct Answer: (C) Sustainability Bond Green Bond (environment only) + Social Bond (social only) = Sustainability Bond (both together) The Simple Formula to […]