Current Affairs Quiz 04 February 2023
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Current Affairs Quiz 04 February 2023 for UPSC Prelims
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- Question 1 of 5
1. Question
Consider the following statements regarding Unified Payments Interface(UPI)
Which of the below is CORRECT?CorrectAns: D
IncorrectAns: D
- Question 2 of 5
2. Question
Consider the following statements about the Emergency Credit Line Guarantee scheme.
1. It provides 100% guarantee coverage by National Credit Guarantee Trustee Company Limited (NCGTC)
2. Guarantee Fee shall be charged by NCGTC from the Member Lending Institutions (MLIs) under the Scheme.
Which of the above statement is/are correct?CorrectAnswer: A
About Emergency Credit Line Guarantee Scheme (ECLGS)
• Under the Emergency Credit Line Guarantee Scheme (ECLGS) 100% guarantee coverage to be provided by National Credit Guarantee Trustee Company Limited (NCGTC) for additional funding of up to Rs. 3 lakh crore to eligible MSMEs and interested MUDRA borrowers.
• The credit will be provided in the form of a Guaranteed Emergency Credit Line (GECL) facility.
• Tenor of the loan under Scheme shall be four years with a moratorium period of one year on the principal amount.
• No Guarantee Fee shall be charged by NCGTC from the Member Lending Institutions (MLIs) under the Scheme.
• Interest rates under the Scheme shall be capped at 9.25% for banks and FIs, and at 14% for NBFCs.IncorrectAnswer: A
About Emergency Credit Line Guarantee Scheme (ECLGS)
• Under the Emergency Credit Line Guarantee Scheme (ECLGS) 100% guarantee coverage to be provided by National Credit Guarantee Trustee Company Limited (NCGTC) for additional funding of up to Rs. 3 lakh crore to eligible MSMEs and interested MUDRA borrowers.
• The credit will be provided in the form of a Guaranteed Emergency Credit Line (GECL) facility.
• Tenor of the loan under Scheme shall be four years with a moratorium period of one year on the principal amount.
• No Guarantee Fee shall be charged by NCGTC from the Member Lending Institutions (MLIs) under the Scheme.
• Interest rates under the Scheme shall be capped at 9.25% for banks and FIs, and at 14% for NBFCs. - Question 3 of 5
3. Question
Consider the following statements about the Members of Parliament Local Area Development (MP-LAD
1. MPLAD scheme is a central sector scheme
2. Under this scheme every MP is entitled to spend Rs 25 crore for the developmental activities
Select the correct answer using code belowCorrectAns. A
• The annual MPLADS fund entitlement per MP constituency is Rs. 5 crore.
• MPs are to recommend every year, works costing at least 15 per cent of the MPLADS entitlement for the year for areas inhabited by Scheduled Caste population and 7.5 per cent for areas inhabited by S.T. population.
• In order to encourage trusts and societies for the betterment of tribal people, a ceiling of Rs. 75 lakhs is stipulated for building assets by trusts and societies subject to conditions prescribed in the scheme guidelines.
• Lok Sabha Members can recommend works within their Constituencies and Elected Members of Rajya Sabha can recommend works within the State of Election (with select exceptions).
• Nominated Members of both the Rajya Sabha and Lok Sabha can recommend works anywhere in the country.
• All works to meet locally felt infrastructure and development needs, with an emphasis on creation of durable assets in the constituency are permissible under MPLADS as prescribed in the scheme guidelines.
• Expenditure on specified items of non-durable nature are also permitted as listed in the guidelines.IncorrectAns. A
• The annual MPLADS fund entitlement per MP constituency is Rs. 5 crore.
• MPs are to recommend every year, works costing at least 15 per cent of the MPLADS entitlement for the year for areas inhabited by Scheduled Caste population and 7.5 per cent for areas inhabited by S.T. population.
• In order to encourage trusts and societies for the betterment of tribal people, a ceiling of Rs. 75 lakhs is stipulated for building assets by trusts and societies subject to conditions prescribed in the scheme guidelines.
• Lok Sabha Members can recommend works within their Constituencies and Elected Members of Rajya Sabha can recommend works within the State of Election (with select exceptions).
• Nominated Members of both the Rajya Sabha and Lok Sabha can recommend works anywhere in the country.
• All works to meet locally felt infrastructure and development needs, with an emphasis on creation of durable assets in the constituency are permissible under MPLADS as prescribed in the scheme guidelines.
• Expenditure on specified items of non-durable nature are also permitted as listed in the guidelines. - Question 4 of 5
4. Question
The word combination means the ‘science of healing’ and is considered one of the oldest living and well-documented medical traditions of the world. It originated from Tibet and is widely practiced in India, Nepal, Bhutan, Mongolia and Russia”. Which of the following Traditional Medicine is correctly represented by the above paragraph?
CorrectAnswer: C
IncorrectAnswer: C
- Question 5 of 5
5. Question
Arrange the following states in the chronological order of their formation:
1. Mizoram
2. Haryana
3. Nagaland
4. Meghalaya
Select the correct answer using the code given below.CorrectAnswer: C
IncorrectAnswer: C
