We posted 7 questions in 10 PM Daily Quiz on 22 June, 2016. Thanks for the amazing response. These questions will help you polish concepts based on current affairs. In case you have not attempted them, please attempt them by clicking below.
Q.1) Consider the following statements regarding linking Aadhaar with caste certificates
- SC/ST students will be given the caste/tribe certificate as well as the domicile certificate.
- States must ensure that these certificates are issued within 60 days to students who are studying in class XI or class XII.
Select the correct answer using the codes given below:
a) 1 only
b) 2 only
c) Both are correct
d) Neither is true
Answer-a
Explanation:- Centre has asked all the state governments to link the Aadhar card which with caste and domicile certificate which are to be issued to the school students.
Analysis
- States must ensure that these certificates are issued within 60 days to students who are studying in class V or class VIII. It depends on the state to choose either class V or class VIII.
- The principal or head of the school will be responsible for collecting the necessary documents from the students.
- SC/ST students will be given the caste/tribe certificate as well as the domicile certificate whereas others would be issued only a domicile certificate.
- This is a significant step as over the period of time the complaints pertaining to the delays in grant of scholarships to SC/ST students have increased.
- Also, to get the caste/domicile certificate from the state government officials has itself been a very harassing experience for the citizens.
- The main objectives of issuing caste and tribe certificate is to provide easy access to such students for reserved posts and services under the govt (state or centre), to make admissions in educational institutions more accessible etc.
Q.2) Coastal Regulation Zone (CRZ) restrictions which covers 12 nautical miles into the sea areas comes under
a) CRZ I
b) CRZ II
c) CRZ III
d) CRZ IV
Answer-d
Explanation:- Click here
Q.3) Jews have been given minority status in which of the following states?
a) Gujarat
b) Maharashtra
c) Karnataka
d) Assam
Answer-b
Explanation:- Maharashtra government has granted the minority status to Jews. Maharashtra State Minorities Commission Act, 2004 empowers the govt to declare a community as minority.
Q.4) Which of the following pair is correctly matched?
Committee Objective
- PJ Nayak Committee Governance in Bank Boards
- Nachiket Mor Financial inclusion
- Bimal Jalan Monetary Policy Reforms
Select the correct answer using the codes given below:
a) 1only
b) 1 and 2 only
c) 1, 2 and 3
d) 1 and 3 only
Answer-b
Explanation:-Bimal Jalan:- Private Bank licenses
Urjit Patel:- Monetary Policy Reforms
Q.5) Consider the following statements regarding Selection process of Reserve Bank of India (RBI) Governor.
- The Reserve Bank’s affairs are governed by a central board of directors. The board is appointed by the Government of India in keeping with the RBI Act.
- Deputy Governors comes under the non-official directors.
Select the correct answer using the codes given below:
a) 1 only
b) 2 only
c) Both are correct
d) Neither is true
Answer-a
Explanation:-
The Reserve Bank’s affairs are governed by a central board of directors. The board is appointed by the Government of India in keeping with the Reserve Bank of India Act.
- Appointed/nominated for a period of four years
- Constitution:
- Official Directors
- Full-time : Governor and not more than four Deputy Governors
- Non-Official Directors
- Nominated by Government: ten Directors from various fields and two government Official
- Others: four Directors – one each from four local boards
- Official Directors
Q.6) Consider the following statements regarding Selection process of Reserve Bank of India (RBI) Governor
- The members in the central board of directors are appointed/nominated for a period of four years.
- According to the act, there cannot be more than four Deputy Governors.
Select the correct answer using the codes given below:
a) 1 only
b) 2 only
c) Both are correct
d) Neither is true
Answer-c
Explanation:-The Reserve Bank’s affairs are governed by a central board of directors. The board is appointed by the Government of India in keeping with the Reserve Bank of India Act.
- Appointed/nominated for a period of four years
- Constitution:
- Official Directors
- Full-time : Governor and not more than four Deputy Governors
- Non-Official Directors
- Nominated by Government: ten Directors from various fields and two government Official
- Others: four Directors – one each from four local boards
- Official Directors
Q.7) Consider the following statements regarding international practices regarding tenure of head of the central bank
- Bank of England governor serves for a period of 14 years.
- In the US, the the board of governors serve for 8 years.
Select the correct answer using the codes given below:
a) 1 only
b) 2 only
c) Both are correct
d) Neither is true
Answer-d
Explanation:-
- Bank of England governor serves for a period of eight years.
- In the US, the the board of governors serve for 14 years.
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