IASbaba Daily Prelims Quiz
UPSC Quiz – 2020: IAS Daily Current Affairs Quiz Day 172
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Question 1 of 5
1. Question
Consider the following statements with respect to ‘Deposit Insurance and Credit Guarantee Corporation (DICGC)’
- It is a wholly owned subsidiary of Reserve Bank of India.
- It insures all bank deposits, such as saving, fixed, current, recurring deposit for up to the limit of Rs. 10,00,000 of each deposits in a bank.
Select the correct statements
Correct
Solution (a)
The Deposit Insurance and Credit Guarantee Corporation (DICGC), a subsidiary of the RBI, gives insurance cover up to Rs one lakh deposits in banks. Banks will now insure deposits up to Rs 5 lakh per customer with the DICGC as per the Budget proposal.
Incorrect
Solution (a)
The Deposit Insurance and Credit Guarantee Corporation (DICGC), a subsidiary of the RBI, gives insurance cover up to Rs one lakh deposits in banks. Banks will now insure deposits up to Rs 5 lakh per customer with the DICGC as per the Budget proposal.
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Question 2 of 5
2. Question
Consider the following statements with respect to ‘Ujh River’
- It is a tributary of the Satluj River
- It originates in the Pira Panjal Ranges
Select the correct statements
Correct
Solution (b)
The Ujh river (or Ujjh river) is a tributary of the Ravi River that flows through the Kathua, J&K. The Ujh river originates in Kailash mountains (near Bhaderwah hills, part of the Pir Panjal Range) at an altitude of 4,300 metres (14,100 ft).
Incorrect
Solution (b)
The Ujh river (or Ujjh river) is a tributary of the Ravi River that flows through the Kathua, J&K. The Ujh river originates in Kailash mountains (near Bhaderwah hills, part of the Pir Panjal Range) at an altitude of 4,300 metres (14,100 ft).
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Question 3 of 5
3. Question
‘SFURTI’ Scheme is under the aegis of the
Correct
Solution (c)
SFURTI is Scheme of Fund for Regeneration of Traditional Industries. Ministry of Micro Small and Medium Enterprises (MSME), Govt. of India has launched this scheme in the year 2005 with the view to promote Cluster development. It enhances production of Khadi industries and artisans. Also, under SFURTI, the scheme for rural industries Service Centre (RISC) is being implemented. The scheme for Product Development, Design Intervention and Packaging is also implemented under SFURTI.
Incorrect
Solution (c)
SFURTI is Scheme of Fund for Regeneration of Traditional Industries. Ministry of Micro Small and Medium Enterprises (MSME), Govt. of India has launched this scheme in the year 2005 with the view to promote Cluster development. It enhances production of Khadi industries and artisans. Also, under SFURTI, the scheme for rural industries Service Centre (RISC) is being implemented. The scheme for Product Development, Design Intervention and Packaging is also implemented under SFURTI.
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Question 4 of 5
4. Question
‘Santusht’ Portal was launched by the
Correct
Solution (c)
The Portal Santusht is an Implementation Monitoring Cell that was launched by the Ministry of Lobour and Employment in January 2020. The portal addresses delivery of public services, their transparency, accountability, schemes and policies at grass root level.
Incorrect
Solution (c)
The Portal Santusht is an Implementation Monitoring Cell that was launched by the Ministry of Lobour and Employment in January 2020. The portal addresses delivery of public services, their transparency, accountability, schemes and policies at grass root level.
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Question 5 of 5
5. Question
Consider the following statements with respect to ‘National Calamity Contingent Duty (NCCD)’
- It is imposed on cigarettes, pan masala, beedis, other tobacco products and cellular phones.
- It was introduced under Finance Act, 2001.
Select the correct statements
Correct
Solution (c)
The NCCD is tax imposed on pan masala, cigarettes, cellular phones and other tobacco products. It was introduced under Finance Act, 2001.
Incorrect
Solution (c)
The NCCD is tax imposed on pan masala, cigarettes, cellular phones and other tobacco products. It was introduced under Finance Act, 2001.
