Answer: D

Explanation:

The priority sector means those areas that the Government of India and the Reserve Banks of India consider important for the development of the basic needs of the country and are given priority on other areas. Banks are mandatory to encourage the development of such areas with adequate and timely loans.

The categories of priority sector are as follows:

Agriculture, Micro, small and medium enterprises, Export credit, Education, Accommodation, Social infrastructure, Renewable energy, etc.

Hence, option (d) is correct.

Answer: A

Explanation:

The "World Inequality Report, 2022" released in the year 2022 says, "India stands as a poor and very uneven country with a rich elite." Hence, statement 1 is correct.

Inequalities within countries are now more than inequalities seen between countries.

This report was released by the World Inequality Lab, and aimed at promoting research on global inequality dynamics. Hence statement 2 is incorrect.

Answer: C

Explanation:

The Sensex is a BSE benchmark index in India. It was launched on 1 January 1986 as a basket of 30 shares representing the country's largest, financially strong companies listed on BSE. The Sensex reflects the Indian stock market fluctuations. It is considered the benchmark index of the Indian stock market. Hence, statements 1 and 2 both are correct.

Answer: C

Explanation:

"Call money" means borrowing or lending as unsafe funds on an overnight basis;

The following institutions will be eligible to participate in calls, notices and term money markets as both borrowers and lenders:

1. Scheduled Commercial Bank (except local sector banks);

2.  Payment Bank;

3.  Small Finance Bank;

4.  Regional Rural Bank;

5.  State Cooperative Bank, District Central Cooperative Bank and Urban Cooperative Bank (Cooperative Bank); And

6.  Primary dealer.

Hence, the option (c) is correct.

Answer: C

Explanation:

India is a major mission implemented by Bharat Broadband Network Limited (BBNL). Hence the statement 1 is correct.

It is a special purpose vehicle (SPV) established by the Government of India under the Companies Act, 1956 with an authorized capital of Rs. 1000 crore. Initially it was under the Ministry of Communications and Information Technology, which was brought under the Ministry of Communications and Ministry of Electronics and Information Technology in July 2016. It is currently being implemented by the Department of Telecommunications under the Ministry of Communications. The National Optical Fiber Network (NOFN) was launched in October 2011 and in 2015 it was renamed as Bharat Net Project.

National Optical Fiber Network:

It was envisaged as a super heave for information through the construction of a strong infrastructure for broadband connectivity to gram panchayats.

The Ministry of Communications has launched the National Broadband Mission which will provide universal and universal access to broadband services across the country, especially in rural and remote areas. Hence, statement 2 is correct.