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Question 1 of 10
1. Question
2 points
Which system allows central banks, like the RBI, to control the money supply within economies by increasing or decreasing the availability of funds, and also functions as a monetary tool by helping to regulate the availability of liquidity or funds in the banking system?
Correct
The repo rate is the fixed interest rate at which RBI provides overnight liquidity to banks against the collateral of government and other approved securities under the liquidity adjustment facility
Incorrect
The repo rate is the fixed interest rate at which RBI provides overnight liquidity to banks against the collateral of government and other approved securities under the liquidity adjustment facility
Question 2 of 10
2. Question
2 points
What special post did the Union Government create in December 2019 to act as the Principal Military Adviser to the Defence Minister and Permanent Chairman Chiefs of Staff Committee?
Correct
The Government’s decision in 2019 to create the post of a CDS, a long-pending demand to bring in tri-service synergy and integration, is the biggest top-level military reform since independence
Incorrect
The Government’s decision in 2019 to create the post of a CDS, a long-pending demand to bring in tri-service synergy and integration, is the biggest top-level military reform since independence
Question 3 of 10
3. Question
2 points
Officials from Pakistan, Russia, China and four Central Asian countries met in Delhi for the Shanghai Cooperation Organisation’s _________ talks, the first such event in India since Russia’s invasion of Ukraine and China’s transgressions at the Line of Actual Control.
Correct
Counter-terror officials of Pakistan, Russia, China and four Central Asian countries met in Delhi on Monday at the start of the Shanghai Cooperation Organisation’s Regional Anti-Terror Structure (SCO-RATS) talks
Incorrect
Counter-terror officials of Pakistan, Russia, China and four Central Asian countries met in Delhi on Monday at the start of the Shanghai Cooperation Organisation’s Regional Anti-Terror Structure (SCO-RATS) talks
Question 4 of 10
4. Question
2 points
Which global fast food restaurant chain decided to withdraw all its outlets in Russia as a reaction to the humanitarian crisis in Ukraine?
Correct
McDonald’s Corp. on Monday became one of the biggest global names to exit Russia following its invasion of Ukraine, laying out plans to sell all its restaurants after operating for more than 30 years in the country
Incorrect
McDonald’s Corp. on Monday became one of the biggest global names to exit Russia following its invasion of Ukraine, laying out plans to sell all its restaurants after operating for more than 30 years in the country
Question 5 of 10
5. Question
2 points
Name the conglomerate that has purchased two of India’s largest cement companies Ambuja Cements and ACC Ltd in a $10.5 billion deal?
Correct
The Adani family, through an offshore special purpose vehicle (SPV), said it had entered into definitive agreements for the acquisition of Switzerland-based Holcim Ltd.’s entire stake in Ambuja Cements Ltd. and ACC Ltd., two of India’s leading cement companies. Holcim, through its subsidiaries, holds 63.19% in Ambuja Cements and 54.53% in ACC (of which 50.05% is held through Ambuja Cements)
Incorrect
The Adani family, through an offshore special purpose vehicle (SPV), said it had entered into definitive agreements for the acquisition of Switzerland-based Holcim Ltd.’s entire stake in Ambuja Cements Ltd. and ACC Ltd., two of India’s leading cement companies. Holcim, through its subsidiaries, holds 63.19% in Ambuja Cements and 54.53% in ACC (of which 50.05% is held through Ambuja Cements)
Question 6 of 10
6. Question
2 points
Who was the first Indian layman to be declared saint by Pope Francis in an elaborate canonisation ceremony in Vatican?
Correct
Devasahayam Pillai, who embraced Christianity in the 18th century, on Sunday became the first Indian layman to be declared a saint by Pope Francis during an impressive canonisation ceremony here at the Vatican.
Incorrect
Devasahayam Pillai, who embraced Christianity in the 18th century, on Sunday became the first Indian layman to be declared a saint by Pope Francis during an impressive canonisation ceremony here at the Vatican.
Question 7 of 10
7. Question
2 points
Rajiv Kumar took charge as the 25th Chief Election Commissioner on Sunday. What was his role previously?
Correct
A former Finance Secretary, Mr. Kumar will preside over the 2024 Lok Sabha election as his tenure as the CEC is till February 2025
Incorrect
A former Finance Secretary, Mr. Kumar will preside over the 2024 Lok Sabha election as his tenure as the CEC is till February 2025
Question 8 of 10
8. Question
2 points
Name the industry body that is conducting a study on the distribution of films and OTT (over-the-top) platforms in the country?
Correct
The Competition Commission of India (CCI) is conducting a market study on film distribution in the country, with the larger intention of exploring the possibility of a self-regulatory mechanism within the industry to ensure a competitive landscape
Incorrect
The Competition Commission of India (CCI) is conducting a market study on film distribution in the country, with the larger intention of exploring the possibility of a self-regulatory mechanism within the industry to ensure a competitive landscape
Question 9 of 10
9. Question
2 points
Lumbini, the place where Prince Siddhartha Gautama was born, is located in which country?
Correct
Prime Minister Narendra Modi will launch the construction of the India International Centre for Buddhist Culture and Heritage on Monday during a day-long visit to Lumbini in Nepal. The visit will coincide with the celebrations to mark the Buddha Jayanti. Lumbini is the place where Prince Siddhartha Gautama was born around 623 BC
Incorrect
Prime Minister Narendra Modi will launch the construction of the India International Centre for Buddhist Culture and Heritage on Monday during a day-long visit to Lumbini in Nepal. The visit will coincide with the celebrations to mark the Buddha Jayanti. Lumbini is the place where Prince Siddhartha Gautama was born around 623 BC
Question 10 of 10
10. Question
2 points
Harassment of transgender persons in the country continues today, despite an Act being passed to protect their identity and provide equal opportunities in education, employment, and healthcare. Name the Act.
Correct
Despite the Transgender Persons (Protection of Rights) Act, 2019, which was brought to end discrimination against transgender persons in accessing education, employment and healthcare, and recognise the right to self-perceived gender identity, their harassment continues endlessly
Incorrect
Despite the Transgender Persons (Protection of Rights) Act, 2019, which was brought to end discrimination against transgender persons in accessing education, employment and healthcare, and recognise the right to self-perceived gender identity, their harassment continues endlessly