Deepanshu Singh is teaching live on Unacademy Plus
2 MCQs based on 24th November 2016 Current Affairs
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1. Consider the following questions about the National Payments Consider the followsing questions about the National Payments Corporation of India(NPCI 1) The core objective was to consolidate and integrate the multiple systems with varying service levels into nation-wide uniform an standard business process for all retail payment systems. 2) RuPay card scheme was developed by NFCI. 3) Immediate Payment Service (IMPS) is provided by NPCI. et serice touprsi provided by NPCI Which of the following is/are correct? a) 1 and2 b) 2 and 3 c) 1 onl d) 1, 2 and 3
2 Solution: D Explanation: o Services provided by NPCI: National Financial Switch (NFS), Immediate Paymen Service (IMPS), National Automated Immediate PaymenE service (IMPS), National Automated Clearing House, Aadhaar Payments Bridge System (APBs), Unified Payments Interface(UPI) etc. o 30 banks sign up for NPCI's app-based funds transfer interface UPI.
2 2. Which of the following countries are not part of the Trans-Pacific Trade Partnership (TPP), 1) Mexico 2) Ecuador 3) Indonesia 4) Singapore s) United States of America Select the correct code: a) 1, 3, 4 b) 1, 2, 5 c) 2, 3 d) 1 and 4
Solution: C Explanation: o Signatories are: Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, News Zealand, Peru, Singapore, United States, Vietnam. o Donald Trump said he would withdrau USA from Trans- Pacific Partnership on first day in office.
2 3. Which of the following is correct regarding IR recentlu? as seen in the news a) It is a pathogenic virus transmited from birds to human beings b) It is a high yielding rice variety c) It is the new quantum communications satellite being developed b ISRO. c) It is the Wens quantum communications sateltite being developed by d) It is the new ballistic missile being developed by DRDO.
Solution: B Explanation: o International Rice Research Institute (IRRI) celebrated the soth anniversary of the official release of the semidwarf rice variety IRg to Asia and the world, which sparked the green revolution.
2 4. Madame Tussauds, is going to open its 22nd branch in New Delhi. Which of the following is correct regarding Madame Tussauds? Eu) a) It is a wax museum displaying waxworks ot famous people. b) It is a entertainment park famous for its roller coasters. c) It is a restaurant chain famous for catering to the royal households of England d) None of the above. None ot the above
2 6. Which of the following is correct regarding Jawahar Navodaya Vidayalayas(oNV)? a) They are schools in urban areas catering to children with disabilities. b) T educai.on bo taldentktal sx boreus hey are residential schools in rural areas which provide modern Turat arcas ahick rovid educafion to talented children. c) They are residential school established in naxal affected and war affect d districts. d) They are pre-university colleges which provide training for university entrance exams.
2 Solution: B Explanation: o Bharti Airtel Launched India's first payments bank - Airtel Payments Bank o The company has chosen Rajasthan as the launch pad for its banking services.
2 Solution: D Explanation: o Recently, President of India dissolved the Nalanda Mentors Group (NMG) Nalanda University's de-facto governing board and has approved the constitution of the governing board of the university
2 9. Consider the following statements regarding FAME India Scheme, 1) It comes under the Ministry of Road Transport Highways. 2) Its objective is to support hybrid/electric v hicles market development and Manufacturing eco-system. 3) The FAME India Scheme is aimed a incentivising all vehicles seqments. which of the folloaing ts/fare correct? a) 1 and 2 b) 2 and 3 c) 3 onl d) 1, 2 and 3