Static Quiz 09 September 2024
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Static Quiz 09 September 2024 for UPSC Prelims
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- Question 1 of 5
1. Question
Deposit insurance and credit guarantee corporation (DICGC) is formed for the purpose of insurance of deposits and
guaranteeing of credit facilities. In this context, which of the following deposits are not insured by DICGC?
1. Deposits of Central/State Governments
2. Deposits of Foreign governments
3. Inter-bank deposits
Select the correct answer using the code given below.CorrectAnswer: D
IncorrectAnswer: D
- Question 2 of 5
2. Question
Which of the following is/are regulated by the Securities and Exchange Board of India (SEBI)?
1. Commodity spot markets
2. Alternative Investment Funds
3. Credit rating agencies
Select the correct answer using the code given below.CorrectAnswer: B
IncorrectAnswer: B
- Question 3 of 5
3. Question
In the context of revised Priority Sector Lending guidelines, which of the following are included in the PSL category?
1. Bank finance up to 50 crore rupees to startups.
2. Loans to farmers to solarise grid connected agricultural pumps.
3. Loans to set up compressed biogas plants.
Select the correct answer using the code given below.CorrectAnswer: D
IncorrectAnswer: D
- Question 4 of 5
4. Question
With reference to Small Saving Schemes in India, consider the following statements:
1. They are saving instruments for which the rate of interest is decided by the Government of India.
2. Funds accrued from these form a part of the National Small Savings Fund under the Public Account of India.
3. They form more than fifty per cent share in the borrowings of the Government of India.
Which of the statements given above are correct?CorrectAnswer: A
IncorrectAnswer: A
- Question 5 of 5
5. Question
Consider the following statements, with respect to the e-commerce sector in India:
1. 100% foreign direct investment (FDI) under automatic route is permitted in marketplace model of e-commerce.
2. An e-commerce entity is not permitted more than 25% of its sales through the marketplace by one vendor or their
group companies.
3. No provisions of the Consumer Protection Act, 2019 are applicable to e- commerce companies.
Which of the statements given above is/are correct?CorrectAnswer: C
Every e-commerce entity shall ensure that the grievance officer acknowledges the receipt of any
consumer complaint within forty-eight hours and redresses the complaint within one month from
the date of receipt of the complaint. Hence statement 3 is not correct.IncorrectAnswer: C
Every e-commerce entity shall ensure that the grievance officer acknowledges the receipt of any
consumer complaint within forty-eight hours and redresses the complaint within one month from
the date of receipt of the complaint. Hence statement 3 is not correct.