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Q 1. Which of the following Initiatives of government are associated to Increase Financial Inclusion in India?
- Pradhan Mantri Jan Dhan Yojana
- Digital Identity (Aadhaar)
- National Centre for Financial Education (NCFE)
- Centre for Financial Literacy (CFL) Project
Select the correct answer using the code given below:
A. 1, 2 and 3 only
B. 1, 2 and 4 only
C. 1, 3 and 4 only
D. 1, 2, 3 and 4
Answer: (D)
The Reserve Bank of India has released the Composite Financial Inclusion Index (FI-Index) for the year ended 31st March 2022. India’s Financial Inclusion Index has improved to 56.4 from 53.9 in the previous year 2021.
Option (D) is correct: Financial inclusion may be defined as the process of ensuring access to financial services and timely and adequate credit where needed by vulnerable groups such as weaker sections and low-income groups at an affordable cost. Financial Inclusion is a national priority of the Government as it is an enabler for inclusive growth. Following are the government Initiatives to Increase Financial Inclusion in India:
- Pradhan Mantri Jan Dhan Yojana
- Digital Identity (Aadhaar)
- National Centre for Financial Education (NCFE)
- Centre for Financial Literacy (CFL) Project
- Expansion of financial services in Rural and Semi-Urban Areas
- Promotion of Digital Payments
Q 2. Consider the following statements about National Register of Citizens (NRC):
- The register was first prepared after the 1951 Census of India and since then it has been updated in every five years.
- Registrar General and Census Commissioner India is the nodal agency for updating the NRC.
Which of the statements given above is/are correct?
A. 1 only
B. 2 only
C. Both 1 and 2
D. Neither 1 nor 2
Answer: (B)
Recently, the Manipur Assembly has resolved to implement the National Register of Citizens (NRC) and establish a State Population Commission (SPC).
Statement 1 is not correct:Â NRC is a register prepared in respect of each village, showing the houses or holdings in a serial order and indicating against each house or holding the number and names of persons staying therein. The register was first prepared after the 1951 Census of India and since then it has not been updated until recently. It has been updated in Assam only for now and the government plans to update it nationally as well.
Statement 2 is correct: Registrar General and Census Commissioner of India, founded in 1961 by Government of India Ministry of Home Affairs, for arranging, conducting, and analyzing the results of the demographic surveys of India including Census of India and Linguistic Survey of India. Registrar General and Census Commissioner India is the nodal agency for updating the NRC.
Q 3. With reference to Air space, consider the following statements:
- The principle of air space sovereignty is established through the Paris Convention on the Regulation of Aerial Navigation (1919) .
- According to the ‘Agreement on Maintenance of Peace and Tranquility along the LAC in India-China Border Area’ of 1996, “combat aircraft shall not fly within 10 km of the LAC.
Which of the statements given above is/are correct?
A. 1 only
B. 2 only
C. Both 1 and 2
D. Neither 1 nor 2
Answer: (C)
Recently, India and China held a special round of military talks on Air space Violations at the Chushul-Moldo border meeting point in Eastern Ladakh.
Statement 1 is correct: Air Sovereignty is the fundamental right of a sovereign state to regulate the use of its air space and enforce its own aviation law. State controls the entry of foreign aircraft into its territory and that persons within its territory are subject to its laws. The principle of air space sovereignty is established through the Paris Convention on the Regulation of Aerial Navigation (1919) and subsequently by other multilateral treaties.
Statement 2 is correct: As per the existing agreements between India and China, operation of fighter aircraft and armed helicopters is restricted to a distance from the LAC. According to the ‘Agreement on Maintenance of Peace and Tranquillity along the LAC in India-China Border Area’ of 1996, “combat aircraft (to include fighter, bomber, reconnaissance, military trainer, armed helicopter and other armed aircraft) shall not fly within 10 km of the LAC.
Q 4. Which of the following can be used as raw materials to produce ethanol?
- Cellulosic feedstocks
- Corn
- Sugar cane waste
Select the correct answer using the code given below:
A. 1 and 2 only
B. 2 and 3 only
C. 1 and 3 only
D. 1, 2 and 3
Answer: (D)
On World Biofuel Day 2022, the government of India announced a 2nd generation (2G) ethanol plant to be set up at the Indian Oil Corporation’s refinery in Haryana. This ethanol plant will help reduce air pollution from the Delhi and the NCR region along with generating additional income and green fuel.
Option (D) is correct:Â Ethanol is one of the principal biofuels, which is naturally produced by the fermentation of sugars by yeasts or via petrochemical processes such as ethylene hydration. It is a domestically produced alternative fuel most commonly made from corn. It is also made from cellulosic feedstocks, such as crop residues and wood. Ethanol plant will also utilize maize and sugarcane waste besides paddy straw to produce ethanol.
The use of ethanol as a fuel for internal combustion engines, either alone or in combination with other fuels, has been given much attention mostly because of its possible environmental and long-term economical advantages over fossil fuel.
Q 5. The Tiger Range Countries Summit 2022 is scheduled to be held at
A. India
B. Russia
C. Thailand
D. China
Answer: (B)
India has hosted the Pre-Summit meeting of Tiger Range Countries (TRCs).
Option (B) is correct: The Tiger Range Countries Summit is scheduled to be held at Vladivostok, Russia on 5th September 2022. The Pre-Summit meeting was attended by 13 tiger range countries except for China and Indonesia. There are 13 Tiger Range Countries (TRC): India, Bangladesh, Bhutan, Cambodia, Lao PDR (People’s Democratic Republic), Malaysia, Myanmar, Nepal, Russia, Thailand, Viet Nam, China and Indonesia. India is committed to bring all potential tiger habitats within the country under the tiger reserve network. The meeting aimed to finalise the declaration on tiger conservation to be adopted at the Summit.
