indian political, socio economic panorama & issues (national) MCQ section 3 MCQ Questions & Answers Detailed Explanation

Question : 1

Name the Bank that was launched by PM Narendra Modi on 8th Apr’15 with a corpus of ` 20,000 Crore and credit guarantee corpus of ` 3,000 Crore?

a) MUDRA Bank

b) Federal Bank of India

c) Jand Dhan Bank

d) Awasiya Bank

Question : 2

With reference to the NITI Aayog’s second version of the India Energy Security Scenarios 2047, consider the following statements:

1. It aims to explore a range of potential future energy scenarios for India
2. It explores India’s possible energy scenarios across energy supply sectors
3. Similar to this tool, the countries like China, Bangladesh and South Africa have now developed their own energy/climate calculators
4. The US Department for Energy and Climate Change (DECC) is the initiative partner with NITI Aayog in this project.

a) 1, 3 & 4

b) 1 & 2 only

c) 2 & 4 only

d) 1, 2 & 3

Question : 3

Which of the following measures are announced by the Government of India for Pacific island nations?

1. Visa on Arrival (VoA) for all 14 Pacific island nations.
2. Special Adaptation Fund of 1 million US dollars for Climate change.
3. Pan Pacific Islands Project for telemedicine and tele-education to be formulated.
4. Negotiation for Free Trade Agreement to be accelerated.

a) 3 and 4 only

b) 1, 2 and 3 only

c) 1 and 2 only

d) 2 and 3 only

Question : 4

Which of the following statements are correct?

1. Indian Science Congress 2015 has started in Delhi.
2. The theme of this year Congress is “Science and Technology for Human Development”

a) 2 only

b) Both 1 and 2

c) 1 only

d) Neither 1 Nor 2

Question : 5

Which of the following statetments are correct regarding the National Institute of Public Finance and Policy (NIPFP)?

1. National Institute of Public Finance and Policy (NIPFP) is a think tank for doing applied research in the field of public finance.
2. It is based in New Delhi.
3. Presently, Rathin Roy is the chairman of the institute.

a) 2 and 3 only

b) 1 and 3 only

c) 1 and 2 only

d) All of these

Question : 6

Recently, the Reserve Bank of India has signed a USD 400 million currency swap agreement with the

a) Bank of Japan

b) Bank of Korea

c) Central Bank of Myanmar

d) Central Bank of Sri Lanka