April 17, 2024
Consider the following statements :
1 This fund is guaranteed by the National Credit Guarantee Trust Company.
2. It is intended to provide liquidity support in the event of a financial crisis.
Which of these is/are correct regarding the Corporate Debt Market Development Fund?
  • (A) 1 only
  • (B) 2 only
  • (C) Both 1 and 2
  • (D) Neither 1 nor 2
Consider the following statements :
1 It aims to increase the oil palm production area to 10 lakh ha.
2. It was launched in 2022.
Which of these is/are correct regarding the National Mission for Edible Oils - Oil Palm?
  • (A) 1 only
  • (B) 2 only
  • (C) Both 1 and 2
  • (D) Neither 1 nor 2
Consider the following statements :
1 RuPay is a product of the National Payments Corporation of India.
2. The ‘Kisan Credit Card’ is offered by RuPay.
3. Banks that issue RuPay cards have to pay a one time network registration fees.
Which of the above statements is/are correct?
  • (A) 1 and 2 only
  • (B) 2 and 3 only
  • (C) 1 and 3 only
  • (D) 1, 2 and 3
Consider the following statements:
1 A narrow basket of commodities mostly primary, that India exports to China.
2. Market access impediments for most of India’s agro-products and the sectors where India is competitive.
Which of the above factors have not been the reason for the growth of India’s trade deficit with China?
  • (A) 1 only
  • (B) 2 only
  • (C) Both 1 and 2
  • (D) Neither 1 nor 2
Consider the following statements :
1. IFC is a non-deposit accepting loan company.
2. A minimum of 75% of the total assets of an IFC-NBFC should be deployed in infrastructure loans.
Which of these is/are correct regarding the Infrastructure Finance Company[IFC]?
  • (A) 1 only
  • (B) 2 only
  • (C) Both 1 and 2
  • (D) Neither 1 nor 2
Which of the following is/are correct regarding National Cooperative Consumers Federation of India (NCCF)?
1. It is an organization to promote consumer cooperative movement in the country.
2. It aspires to facilitate the voluntary formation and democratic functioning of cooperatives, based on self-reliance and mutual aid for overall economic.
Select the answer using the codes given below:
  • (A) 1 only
  • (B) 2 only
  • (C) Both 1 and 2
  • (D) Neither 1 nor 2
Which of the following is/are correct regarding the Digital Payment Index?
1 It is a first-of-its kind index to measure the spread of digital payments across the country.
2. It has been constructed by the NITI Aayog.
3. It contains five broad parameters that measure the deepening and penetration of digital payments in the country.
Select the answer using the codes given below:
  • (A) 1 and 3 only
  • (B) 2 and 3 only
  • (C) 1 and 2 only
  • (D) 1, 2 and 3
Recently, the government's 5.36% stake sale in Rail Vikas Nigam Ltd (RVNL) under offer-for-sale (OFS) got an enthusiastic response from institutional investors. Which of the following is incorrect regarding OFS?
  • (A) It is a simpler method of share sale through the exchange platform for listed companies.
  • (B) The mechanism was first introduced by India’s securities market regulator SEBI in 2012.
  • (C) Both (a) and (b).
  • (D) None of the above.
Which of the following is/are correct regarding a loan-loss provision?
1 In the event of a loss, instead of taking a loss in its cash flows, the bank can use its loan loss reserves to cover the loss.
2. The level of loan loss provision is determined based on the level expected to protect the safety and soundness of the bank.
Select the answer using the codes given below:
  • (A) 1 only
  • (B) 2 only
  • (C) Both 1 and 2
  • (D) Neither 1 nor 2
Which of the following is/are incorrect regarding Sovereign Green Bonds?
1 The proceeds of the bonds are utilised for projects classified as environmentally sustainable.
2. These are issued with shorter maturity period.
Select the answer using the codes given below:
  • (A) 1 only
  • (B) 2 only
  • (C) Both 1 and 2
  • (D) None
Consider the following statements regarding European Union’s Foreign Subsidies Regulation (FSR):
1 The European Commission (EC) is the sole enforcer of the FSR.
2. It will impact the PLI scheme adversely.
Select the correct statement(s) using the codes given below:
  • (A) 1 only
  • (B) 2 only
  • (C) Both 1 and 2 
  • (D) Neither 1 nor 2
Consider the following statements regarding Bharat Bill Payment System (BBPS)?
1. It acts as a central reference for a customer who wants to make different payments.
2. BBPS was conceptualised by the Reserve Bank of India in 2013.
Select the correct statement(s) using the codes given below
  • (A) 1 only
  • (B) 2 only
  • (C) Both 1 and 2 
  • (D) Neither 1 nor 2
Consider the following statements regarding External Commercial Borrowings (ECBs)?
1 It refers to the borrowing of funds by Indian companies from foreign sources in the form of loans, bonds.
2. ECB can be in the form of rupee-denominated loans, which are repaid in Indian rupees.
Select the correct statement(s) using the codes given below:
  • (A) 1 only
  • (B) 2 only
  • (C) Both 1 and 2 
  • (D) Neither 1 nor 2
This government organization is under the Health Ministry. It conducts important studies such as the National Family Health Survey, Assessment of National Rural Health Mission, and Global Adult Tobacco Survey. Which organisation is being referred to here?
  • (A) Central Drug Research Institute.
  • (B) National Institute of Nutrition.
  • (C) National Institute of Health and Family Welfare. 
  • (D) International Institute for Population Sciences.
The United Nations chief has warned about global ‘boiling’ not warming. Scientific evidence suggests that July is set to be the hottest month in how many years?
  • (A) 1200
  • (B) 2100
  • (C) 12000
  • (D) 21000

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