Current Affairs Quiz 30 April 2024
Quiz-summary
0 of 5 questions completed
Questions:
- 1
- 2
- 3
- 4
- 5
Information
Current Affairs Quiz 30 April 2024 for UPSC Prelims
You have already completed the quiz before. Hence you can not start it again.
Quiz is loading...
You must sign in or sign up to start the quiz.
You have to finish following quiz, to start this quiz:
Results
0 of 5 questions answered correctly
Your time:
Time has elapsed
You have reached 0 of 0 points, (0)
Categories
- Not categorized 0%
- 1
- 2
- 3
- 4
- 5
- Answered
- Review
- Question 1 of 5
1. Question
Which of the following statements about Payment Aggregators (PAs) are correct?
1. Payment Aggregators act as facilitators between businesses and financial institutions, managing payment processing operations on behalf of merchants.
2. Payment Aggregators must meet certain financial criteria, including a minimum net worth of Rs 15 crore upon application, increasing to Rs 25 crore by the end of the third financial year post-authorization.
Which of the statements given above is/are correct?CorrectAnswer: (a)
Explanation:
Statement 1 is correct. Payment Aggregators serve as intermediaries between businesses and financial institutions, handling payment processing tasks on behalf of merchants, which aligns with the definition provided.
Statement 2 is incorrect. While Payment Aggregators must meet certain regulatory requirements, such as authorization from the Reserve Bank of India (RBI), the specified financial criteria mentioned in the statement are not accurate. The correct financial criteria include a minimum net worth of Rs 15 crore upon application, but there is no mention of it increasing to Rs 25 crore by the end of the third financial year post-authorization. Therefore, only statement 1 is correct, making option (a) the correct answer.IncorrectAnswer: (a)
Explanation:
Statement 1 is correct. Payment Aggregators serve as intermediaries between businesses and financial institutions, handling payment processing tasks on behalf of merchants, which aligns with the definition provided.
Statement 2 is incorrect. While Payment Aggregators must meet certain regulatory requirements, such as authorization from the Reserve Bank of India (RBI), the specified financial criteria mentioned in the statement are not accurate. The correct financial criteria include a minimum net worth of Rs 15 crore upon application, but there is no mention of it increasing to Rs 25 crore by the end of the third financial year post-authorization. Therefore, only statement 1 is correct, making option (a) the correct answer. - Question 2 of 5
2. Question
The snow-covered Ghepan Lake is located in:
CorrectAns: a
Explanation:
Originating from the Sissu Village ( Lahaul region) of Himachal Pradesh, Ghepan Ghat is a hidden, neon-blue glacial lake unknown to even many locals guides.Incorrect - Question 3 of 5
3. Question
Consider the following statements regarding Archaeological Survey of India (ASI)
1. It comes under Ministry of Culture.
2. Its activities include carrying out surveys of antiquarian remains, exploration and excavation of archaeological sites, conservation and maintenance of protected monuments etc.Which of the above is/are correct?
CorrectAnswer: C
Archaeological Survey of India (ASI)
Nodal: Ministry of Culture
• It administers more than 3650 ancient monuments, archaeological sites and remains of national importance.
• Its activities include carrying out surveys of antiquarian remains, exploration and excavation of archaeological sites, conservation and maintenance of protected monuments etc.
• It was founded in 1861 by Alexander Cunningham- the first Director-General of ASI. Alexander Cunningham is also known as the “Father of Indian Archaeology”.Incorrect - Question 4 of 5
4. Question
Which of the following statements regarding the Authorised Economic Operator (AEO) Programme are correct?
1. An AEO is a business entity engaged in domestic goods movement, requiring compliance with national customs law standards.
2. Approval for AEO status is granted solely by the World Customs Organization (WCO), without any involvement of national administrations.Which of the statements given above is/are correct?
CorrectAnswer: (a)
Explanation:
Statement 1 is correct. An AEO is indeed a business entity engaged in international goods movement, requiring compliance with national customs law standards, as mentioned in the overview of the AEO Programme.
Statement 2 is incorrect. Approval for AEO status is granted by or on behalf of the national administration, adhering to the World Customs Organization (WCO) guidelines, not solely by the WCO itself. Therefore, only statement 1 is correct, making option (a) the correct answer.IncorrectAnswer: (a)
Explanation:
Statement 1 is correct. An AEO is indeed a business entity engaged in international goods movement, requiring compliance with national customs law standards, as mentioned in the overview of the AEO Programme.
Statement 2 is incorrect. Approval for AEO status is granted by or on behalf of the national administration, adhering to the World Customs Organization (WCO) guidelines, not solely by the WCO itself. Therefore, only statement 1 is correct, making option (a) the correct answer. - Question 5 of 5
5. Question
Consider the following statements regarding Pradhan Mantri YUVA (PM YUVA) Yojana
1. It is implemented by Ministry of Education.
2. It is a pilot scheme, for creating an enabling ecosystem through entrepreneurship education, training, advocacy and easy access to entrepreneurship network.
Which of the statements given above is/are correct?CorrectAnswer: B
It is implemented by Ministry of Skill Development and Entrepreneurship
Incorrect
