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10 PM Quiz: June 7, 2018
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- Question 1 of 6
1. Question
1 pointsConsider the following statements with respect to public credit registry:
1)Recently, SEBI announced that it would set up a Public Credit Registry.
2)The objective is to provide a single-point and real-time source for financial liabilities of a person or entity.
Which of the above given statements is/are correct?
Correct
RBI recently announced that it would set up a Public Credit Registry. It is based on the recommendation of the YM Deosthalee committee recommendation. The Committee recommended the creation of a Public Credit Registry with a view to remove information asymmetry to foster the level of access to credit, and to strengthen the credit culture in the economy. It would be a comprehensive credit information repository covering all types of credit facilities (funded and non-funded) extended by all credit institutions – commercial banks, cooperative banks, NBFCs, MFIs – and also covering borrowings from other sources, including external commercial borrowings and borrowing from market.
Incorrect
RBI recently announced that it would set up a Public Credit Registry. It is based on the recommendation of the YM Deosthalee committee recommendation. The Committee recommended the creation of a Public Credit Registry with a view to remove information asymmetry to foster the level of access to credit, and to strengthen the credit culture in the economy. It would be a comprehensive credit information repository covering all types of credit facilities (funded and non-funded) extended by all credit institutions – commercial banks, cooperative banks, NBFCs, MFIs – and also covering borrowings from other sources, including external commercial borrowings and borrowing from market.
- Question 2 of 6
2. Question
1 pointsAccording to the recently released data of the sample registration system, which of the following states has the worst maternal mortality ratio:
Correct
According to the new data released by the Registrar General of India,India has registered significant improvement in maternal mortality ratio — maternal deaths have reduced from 167 in 2011-13 to 130 (per 100,000 live births) in 2014-16 with Kerala topping the list.
The maternal mortality ratio (MMR) provides a measure of the quality of safe deliveries and maternal care and India’s healthcare services have lagged in this respect in comparison to neighbours like China, Sri Lanka and Maldives.
Best Performing States:
1)Kerala
2)Maharashtra
3)Tamil Nadu
Worst Performing States:
1)Assam
2)Uttar Pradesh
3)Rajasthan
Incorrect
According to the new data released by the Registrar General of India,India has registered significant improvement in maternal mortality ratio — maternal deaths have reduced from 167 in 2011-13 to 130 (per 100,000 live births) in 2014-16 with Kerala topping the list.
The maternal mortality ratio (MMR) provides a measure of the quality of safe deliveries and maternal care and India’s healthcare services have lagged in this respect in comparison to neighbours like China, Sri Lanka and Maldives.
Best Performing States:
1)Kerala
2)Maharashtra
3)Tamil Nadu
Worst Performing States:
1)Assam
2)Uttar Pradesh
3)Rajasthan
- Question 3 of 6
3. Question
1 pointsWhich of the following organization releases the Global Peace Index.
Correct
The Global Peace Index (GPI), released by Australia-based Institute for Economics and Peace (IEP).The Institute for Economics and Peace is the world’s leading think tank dedicated to developing metrics to analyse peace and to quantify its economic value.
India has ranked 136th among 200 countries on the 2018 Global Peace Index.
India’s rank has marginally improved in “global peacefulness”.
Incorrect
The Global Peace Index (GPI), released by Australia-based Institute for Economics and Peace (IEP).The Institute for Economics and Peace is the world’s leading think tank dedicated to developing metrics to analyse peace and to quantify its economic value.
India has ranked 136th among 200 countries on the 2018 Global Peace Index.
India’s rank has marginally improved in “global peacefulness”.
- Question 4 of 6
4. Question
1 pointsWith reference to “All India Trade Union Congress(AITUC)”, recently in news, which of the following statement is/are correct?
- It is the oldest trade union federation in India founded in 1925 in Gujarat.
- AITUC is a founder member of the World Federation of Trade Unions.
Select the correct answer using the code given below.
Correct
Statement 1 is incorrect: The All India Trade Union Congress (AITUC) is the oldest trade union federations in India. It was founded in 1920 in Bombay by Lala Lajpat Rai, Joseph Baptista, N. M. Joshi, Diwan Chaman Lall and a few others.
Statement 2 is correct: AITUC is a founder member of the World Federation of Trade Unions.
Incorrect
Statement 1 is incorrect: The All India Trade Union Congress (AITUC) is the oldest trade union federations in India. It was founded in 1920 in Bombay by Lala Lajpat Rai, Joseph Baptista, N. M. Joshi, Diwan Chaman Lall and a few others.
Statement 2 is correct: AITUC is a founder member of the World Federation of Trade Unions.
- Question 5 of 6
5. Question
1 pointsWith reference to “Atal Bhujal Yojana(ABHY)” , recently in news, which of the following statement is/are correct?
1- It is a central sponsored scheme to address concerns about depleting groundwater reserves in India.
2- The Scheme has been formulated by the Ministry of Water Resources.
Select the correct answer using the code given below
Correct
Statement 1 is incorrect: ABHY is designed as a Central Sector Scheme with a total outlay of Rs 6,000 crore. The scheme is to be implemented over a period of five years from 2018-19 to 2022-23, as per the Union water Ministry. The scheme is yet to be cleared by the Cabinet.
Statement 2 is correct: The scheme has been formulated by the Water Resources Ministry to address the criticality of groundwater resources in major country parts.
Incorrect
Statement 1 is incorrect: ABHY is designed as a Central Sector Scheme with a total outlay of Rs 6,000 crore. The scheme is to be implemented over a period of five years from 2018-19 to 2022-23, as per the Union water Ministry. The scheme is yet to be cleared by the Cabinet.
Statement 2 is correct: The scheme has been formulated by the Water Resources Ministry to address the criticality of groundwater resources in major country parts.
- Question 6 of 6
6. Question
1 pointsWith reference to Repo rate, which of the following statement is/are correct?
- Repo rate is the rate at which the commercial bank lends money to its customers in crisis situation.
- Repo rates form a part of the liquidity adjustment facility.
Select the correct answer using the code given below.
Correct
Statement 1 is incorrect: Repo rate is the rate at which the central bank of a country lends money to commercial banks in the event of any shortfall of funds. Repo rate is used by monetary authorities to control inflation.
Statement 2 is correct: Repo and reverse repo rates form a part of the liquidity adjustment facility.
Incorrect
Statement 1 is incorrect: Repo rate is the rate at which the central bank of a country lends money to commercial banks in the event of any shortfall of funds. Repo rate is used by monetary authorities to control inflation.
Statement 2 is correct: Repo and reverse repo rates form a part of the liquidity adjustment facility.
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