Daily Quiz: UPSC Prelims Marathon – July 24, 2018

RBI has created a specialised cell (C-SITE) within its supervision department to conduct detailed IT examination of banks’ cyber security preparedness, to identify the gaps and to monitor the progress of remedial measures. More than 30 major banks were to be covered by the detailed IT examination in 2016-17 and all banks are to be covered by 2017-18.

The Index of Industrial Production (IIP) is an index which shows the growth rates in different industry groups of the economy in a stipulated period of time. The IIP index is computed and published by the Central Statistical Organisation (CSO) on a monthly basis. Currently IIP figures are calculated considering 2004-05 as base year.

As per the guidelines of the Ministry of Finance, PPP projects in which of the following sectors can be

Public Private Partnership (PPP) Project means a project based on a contract or concession agreement, between a Government or statutory entity on the one side and a private sector company on the other side, for delivering an infrastructure service on payment of user charges.

Viability Gap Funding or Grant means a grant one-time or deferred, provided with the objective of making a project commercially viable. The common PPP Projects eligible for VGF are from the sectors: (i) Roads and bridges, railways, seaports, airports, inland waterways; (ii) Power; (iii)Urban transport, water supply, sewerage, solid waste management and other physical infrastructure in urban areas; (iv) Infrastructure projects in Special Economic Zones; and (v) International convention centres and other tourism infrastructure projects;

It establishes AIIMS in various regions of India apart from different government colleges.  It is funded from different centrally sponsored schemes relating to creating infrastructure on health. Creation of tertiary hospital for medical education, research and clinical care in the underserved areas of India. It would correct regional imbalances in affordable healthcare.

GST council consists of: The Union Finance Minister (as Chairman), The Union Minister of State in charge of Revenue or Finance, The Minister in charge of Finance or Taxation or any other Minister, nominated by each state government.

All decisions of the GST Council will be made by three-fourth majority of the votes cast; the centre shall have one-third of the votes cast, and the states together shall have two-third of the votes cast.

National Highway Connects

NH 1 New Delhi-Ambala- Jalandhar -Amritsar.

NH 2 Delhi -Mathura -Agra-Kanpur -Allahabad -Varanasi -Kolkata.

NH 3 Agra-Gwalior -Nasik-Mumbai

NH 4 Thane and Chennai via Pune and Belgaum.

NH 5 Kolkata -Chennai

NH 6 Kolkata -Dhule

NH 7 Varanasi -Kanyakumari

NH 8 Delhi -Mumbai (Via Jaipur, Baroda and Ahmedabad)

NH 9 Mumbai -Vijaywada

NH10 Delhi -Fazika

The Ministry of Railways had appointed a High Level Safety Review Committee under the chairmanship of Dr. Anil Kakodkar to review the safety of the Indian Railways and recommend improvements.

Ratan Tata head Indian Railways’ innovation committee. The Ministry has set aside a sum of Rs 50 crore for providing innovation grants to employees, start-ups and growth oriented small businesses to support internal and external innovation. The initiative would be administered by an Innovation Committee comprising reputed investors, representatives from National Academy of Indian Railways, Railway Board and ‘Kayakalp’ headed by Ratan Tata. A program management structure will be put in place to manage this initiative.