Static Quiz 29 August 2024 (Indian Economy)

Consider the following statements with reference to tokenisation of the card:
1. It refers to the replacement of actual card details with an alternate secure code that
can be used for the payments.
2. There is no charge levied on the customer for availing this service.
Which of the statements given above is/are correct?

Consider the following statements regarding the Intellectual Property Rights (IPR) regime in India:
1. The Department for Promotion of Industry and Internal Trade (DPIIT) is entrusted with matters concerning World Intellectual Property Organisation (WIPO).
2. The Protection of Plant Varieties and Farmers‟ Rights Act, 2001 is implemented under the aegis of the
Ministry of Environment, Forest and Climate Change.
3. The Intellectual Property Appellate Board hears appeals arising from the decisions of Controllers of Patents as
well as Registrars of Trade Marks and Geographical Indications.
Which of the statements given above is/are correct?

Consider the following statements with respect to the Social Security Code, 2020:
1. It is applicable to an industrial establishment with less than 300 workers only.
2. It provides for the constitution of the National Social Security Board for the welfare of workers.
3. It proposes to establish social security funds for unorganised workers, as well as gig and platform workers.
4. The code reduces the gratuity period from five years to three years for working journalists.
Which of the statements given above are correct?

Which of the following parameters are considered by the Reserve Bank of India while bringing Prompt Corrective Action Framework (PCAF) into force?
1. Capital to risk-weighted assets ratio (CRAR)
2. Net Non-performing advances (NNPA) ratio
3. Tier -1 Leverage ratio
4. Return on Assets
Select the correct answer using the code given below.

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.