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Daily-static-mcqs 05 Sep 2024
Q1:
Which has been first declared as Swachh, Sujal Pradesh?
A: Andaman & Nicobar Islands
B: Lakshadweep Islands
C: Puducherry
D: Chandigarh
Answer: A
Explanation:
Andaman & Nicobar Islands is now the first Swachh, Sujal Pradesh because all of its villages have been declared as Open Defecation Free (ODF) plus models.
Q2:
JALDOOT App is related to:
A: Provide warning against flood.
B: Provide warning against flood at coastal zones.
C: Provide information for flood intensity.
D: Provide information for wells water level.
Answer: D
Explanation:
Ministry of Rural Development has launched "JALDOOT App" that will be used across the country to capture the water level of selected wells in a village.
Q3:
Which of the following statements is correct regarding Statutory Liquidity Ratio?
A: It is to be maintained by banking institutions.
B: It is to be maintained as liquid assets.
C: These need to be kept in non-cash form.
D: All of the above
Answer: D
Explanation:
Statutory Liquidity Ratio (SLR) is an important monetary tool employed by the Reserve Bank of India (RBI) for the liquidity management of banks. It is a minimum percentage that banks have to keep a certain portion of their total deposits as liquid assets.
Statutory Liquidity Ratio is applicable to all banking institutions, whether they are commercial banks or other financial institutions.
The amount kept under the Statutory Liquidity Ratio should be liquid assets, which means it can be easily converted into cash.
Though the amount kept under the Statutory Liquidity Ratio need not necessarily be kept in the form of cash, it should be kept in assets that can be easily converted into cash. For example, government securities, cash, etc.
Q4:
Government initiative ‘'Bharat SHRI' which is announced in Budget 2023-24, is related to which of the following?
A: To develop own Artificial intelligence based search engine
B: To provide health benefit to senior citizens
C: Digitization of ancient inscription
D: Providing internet facilities to tribal areas
Answer: C
Explanation:
Budget 2023-24 announced that "Bharat Shared Repository of Inscriptions (Bharat SHRI) will be set up in a digital epigraphy museum, with digitization of one lakh ancient inscriptions in the first stage".
Q5:
Which of the following items come under 'Current Account' of the Balance of Payment? 1. Exports 2. Interest payments 3. Private remittance 4. Foreign Direct Investment 5. External lending and borrowing How many of the above are correct?
A: Only one
B: Only Two
C: Only Three
D: All five
Answer: C
Explanation:
The balance of payments is an account of a country's economic transactions. It shows how much a country has traded with other countries over a certain period of time. The balance of payments is divided into two main parts: the current account and the capital account.
The current account shows all of a country's current transactions, including trade (exports and imports), services, income, and unilateral transfers. The capital account shows long-term capital transactions and financial transactions, such as foreign direct investment, portfolio investment, and loans.
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