Q1.) With reference to the Unified Payments Interface (UPI), consider the following statements:
- It allows instant transfer of funds between two bank accounts through a mobile platform.
- It was developed by the National Payments Corporation of India (NPCI).
- It is regulated by the Securities and Exchange Board of India (SEBI).
How many of the statements given above are correct?
- Only one
- Only two
- All three
- None
Q2.)Consider the following pairs:
Satellite Navigation System Country
- GPS – India
- GLONASS – Russia
- BeiDou – China
How many of the pairs given above are correctly matched?
- Only one
- Only two
- Only three
- None
Q3.)With reference to the National Investment and Infrastructure Fund (NIIF), consider the following statements:
- NIIF aims to enhance infrastructure financing by investing in greenfield, brownfield and stalled projects.
- It operates as an Alternative Investment Fund under SEBI regulations.
Which of the statements given above are correct?
- 1 only
- 2 only
- Both 1 and 2
- Neither 1 nor 2
Comment the answers to the above questions in the comment section below!!
ANSWERS FOR ’ 12th April 2024 – Daily Practice MCQs’ will be updated along with tomorrow’s Daily Current Affairs.st