India
Question : Which of the following institutions is responsible for regulating and supervising the functioning of non-banking financial companies (NBFCs) 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 correct institution responsible for regulating and supervising the functioning of non-banking financial companies (NBFCs) in India is the Reserve Bank of India (RBI).
The RBI is the primary regulatory authority
Question : Which scheme aims to encourage entrepreneurship in rural areas of India?
Option 1: Atal Innovation Mission
Option 2: MUDRA Yojana
Option 3: National Manufacturing Competitiveness Program
Option 4: Pradhan Mantri Rojgar Protsahan Yojana
Correct Answer: MUDRA Yojana
Solution : The correct answer is (b) MUDRA Yojana.
MUDRA Yojana (Micro Units Development and Refinance Agency Yojana) is a scheme launched by the Government of India that aims to encourage entrepreneurship in rural areas as well as other parts of the country. MUDRA Yojana provides
Question : Caste-based discrimination in India is legally:
Option 1: Encouraged
Option 2: Tolerated
Option 3: Prohibited
Option 4: Ignored
Correct Answer: Prohibited
Solution : Caste-based discrimination in India is legally prohibited, with laws and constitutional provisions in place to prevent and address discrimination based on caste.
Question : The largest producer of Lac in India is
Option 1: Chhattisgarh
Option 2: Jharkhand
Option 3: West Bengal
Option 4: Gujarat
Correct Answer: Jharkhand
Solution : The correct answer is Jharkhand.
Lac is a resin produced by the insect Kerria lacca. It is a bug and is the principal source of lac. Lac is used in a wide range of products, such as bangles, fillers, furniture, drugs, cosmetics, food, etc.
Question : In which state of India are Buddhist cave temples, Barabar Caves, located?
Option 1: West Bengal
Option 2: Sikkim
Option 3: Uttar Pradesh
Option 4: Bihar
Correct Answer: Bihar
Solution : The correct option is Bihar.
The Barabar Caves, ancient Buddhist rock-cut cave temples, are located in the state of Bihar, India. These historic caves, dating back to the Maurya period, are known for their architectural significance and association with Emperor Ashoka.
Question : Identify the black soil region of India from the following.
Option 1: Coastal plains
Option 2: Northern plains
Option 3: Deccan trap
Option 4: Himalayas
Correct Answer: Deccan trap
Solution : The correct option is the Deccan trap.
The Deccan Trap region of India is closely associated with the formation of black soils, also known as reg soils or black cotton soils. These soils are notable for their dark black colour and their ability to
Question : According to the Census of India 2011, what is the literacy rate among the male population in India?
Option 1: 74.04%
Option 2: 90.01%
Option 3: 65.46%
Option 4: 82.14%
Correct Answer: 82.14%
Solution : The correct answer is 82.14%.
The nation's literacy rate has increased, according to the 2011 census results. The nation's literacy rate is 74.04%, with 82.14 per cent of men, and 65.46 per cent of women literate. At 47%, Bihar has the lowest literacy rate.
Question : Which of the following books was written by Dr. Raghuram Rajan?
Option 1: The Third Pillar
Option 2: We Are Displaced
Option 3: The India Story
Option 4: My Life in Full
Correct Answer: The Third Pillar
Solution : The correct answer is The Third Pillar.
Raghuram Rajan has written "The Third Pillar" book. Raghuram Rajan is an Indian economist and the former Governor of the Reserve Bank of India. "We Are Displaced" is written by Malala Yousafzai, who is a
Question : Statement 1: The Unemployment Insurance Scheme provides financial assistance to unemployed individuals in India.
Statement 2: The scheme is funded by contributions from both employers and employees.
Option 1: Both statements are true.
Option 2: Both statements are false.
Option 3: Statement 1 is true, statement 2 is false.
Option 4: Statement 1 is false, statement 2 is true.
Correct Answer: Statement 1 is true, statement 2 is false.
Solution : The correct answer is (c). Statement 1 is true, but statement 2 is false.
The Unemployment Insurance Scheme (UIS) is a government-run program that provides financial assistance to unemployed individuals in India. The UIS is funded by the
Question : When was the latest census conducted in India?
Option 1: 2021
Option 2: 2005
Option 3: 2001
Option 4: 2011
Correct Answer: 2011
Solution : The correct answer is 2011
The last Census of the latest census was conducted in 2011 and the next census was due in 2021 but it was postponed due to the Covid-19 issues. The 2011 census was the 15th Census of India. The first census
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