India
Question : Which of the following institutions is responsible for regulating and supervising the functioning of payment banks in India?
Option 1: Reserve Bank of India (RBI)
Option 2: Securities and Exchange Board of India (SEBI)
Option 3: National Stock Exchange of India (NSE)
Option 4: None of the above
Correct Answer: Reserve Bank of India (RBI)
Solution : The correct answer is (a). Reserve Bank of India (RBI)
The Reserve Bank of India (RBI) is responsible for regulating and supervising the functioning of payment banks in India. Payment banks are a specific type of bank introduced by the RBI
Question : Which government agency is responsible for promoting and protecting the rights of consumers in India?
Option 1: Ministry of Consumer Affairs, Food and Public Distribution
Option 2: Reserve Bank of India
Option 3: Securities and Exchange Board of India
Option 4: Confederation of Indian Industry
Correct Answer: Ministry of Consumer Affairs, Food and Public Distribution
Solution : The correct answer is (a) Ministry of Consumer Affairs, Food and Public Distribution.
In India, the Ministry of Consumer Affairs, Food and Public Distribution is the government agency responsible for promoting and protecting the rights of consumers. The
Question : The Securities and Exchange Board of India (SEBI) is responsible for:
Option 1: Regulating and supervising the capital market
Option 2: Regulating and supervising the money market
Option 3: Regulating and supervising the insurance market
Option 4: Regulating and supervising the commodity market
Correct Answer: Regulating and supervising the capital market
Solution : The correct answer is (a) Regulating and supervising the capital market.
The Securities and Exchange Board of India (SEBI) is the regulatory body in India that is responsible for regulating and supervising the capital market. SEBI's primary objective is to
Question : Who was the 24th Governor of the Reserve Bank of India?
Option 1: C. Rangarajan
Option 2: Y. V. Reddy
Option 3: Urjit Patel
Option 4: Bimal Jalan
Correct Answer: Urjit Patel
Solution : The correct answer is Urjit Patel
The Reserve Bank of India's 24th governor was Urjit Patel. With effect from September 4, 2016, he became the Reserve Bank of India's twenty-fourth governor after holding the position of deputy governor since January 2013.
Question : India was granted freedom during the British Prime Minister :
Option 1: Clement Attlee
Option 2: Winston Churchill
Option 3: Ramsay MacDonald
Option 4: William Pitt
Correct Answer: Clement Attlee
Solution : The correct option is Clement Attlee
During the reign of British Prime Minister Clement Attlee, India attained independence. From July 1945 to October 1951, he presided over the United Kingdom as prime minister. The Indian Independence Act, which resulted in the division of India
Question : The Union Budget of India 2020-21 allocated an amount of crore for the education sector:
Option 1: INR 83,600
Option 2: INR 99,300
Option 3: INR 78,700
Option 4: INR 95,800
Correct Answer: INR 99,300
Solution : The correct answer is INR 99,300.
In 2020–21, Rs. 99,300 crores and Rs. 3000 crores, respectively, have been set aside for the education and skill development sectors. The Department of School Education and Literacy's overall budget allocation has increased by Rs. 3308.37 crore
Question : Which among the following is a famous festival of Maharashtra, India?
Option 1: Gudi Padwa
Option 2: Ugadi
Option 3: Chhath Puja
Option 4: Onam
Correct Answer: Gudi Padwa
Solution : The correct option is Gudi Padwa.
The well-known festival of Gudi Padwa is observed in the Indian state of Maharashtra. It typically occurs on the first day of Chaitra month, the first month in the Hindu calendar, which ushers in the traditional Hindu
Question : Assertion: India and China both face the challenge of an aging population.
Reason: Factors such as declining fertility rates, improved healthcare, and increased life expectancy have led to a rise in the proportion of elderly people in the population.
Option 1: Both assertion and reason are true, and the reason is the correct explanation of the assertion.
Option 2: Both assertion and reason are true, but the reason is not the correct explanation of the assertion.
Option 3: Assertion is true, but the reason is false.
Option 4: Assertion is false, but the reason is true.
Correct Answer: Both assertion and reason are true, and the reason is the correct explanation of the assertion.
Solution : The correct answer is (b) Both assertion and reason are true, but the reason is not the correct explanation of the assertion.
While both the assertion that India and China
Question : As of 15th March 2021, how many women judges were there in the Supreme Court of India?
Option 1: 5
Option 2: 2
Option 3: 4
Option 4: 3
Correct Answer: 4
Solution : The correct option is 4.
On August 31, 2021, a historic moment unfolded in the Supreme Court of India as three distinguished women judges were sworn in. The names of these three judges are Hima Kohli, Bela Trivedi, and B. V. Nagarathna. Justice B.V.
Question : The largest committee of Parliament of India is
Option 1: Public Accounts Committee
Option 2: Estimates Committee
Option 3: Committee on Public Undertakings
Option 4: Joint Parliamentary Committee
Correct Answer: Estimates Committee
Solution : The correct answer is Estimates Committee.
The largest committee in the parliament is called the Estimates Committee. This committee's duties include providing reports on spending and the economy, as well as recommendations for actions that could be taken to strengthen the economy and related
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