1. The Reserve Bank of
India has launched a separate channel to enable non-resident Indians to invest
in specified government bonds from 1 April?
a. Fully accessible route
b. Root again root
c. Fully again root
d. Right again accessible
ANSWER: a. Fully
accessible route
Finance Minister Nirmala Sitharaman said during
the budget speech that government bonds in certain categories will be opened to
non-resident Indian investors completely without any
restrictions. According to the Reserve Bank of India, eligible investors
can invest in any specified government securities. The scheme will operate
with two existing routes ie Medium Term Framework and Voluntary Retention
Route. As a start, the central bank has opted for some of the more liquid
and benchmark securities.
2. According to the World Water Development Report released by which
organization, climate change will affect the availability, quality and quantity
of water for basic human needs, which will affect the basic human rights of
water and the availability of clean water for billions of people?
a. World Bank
b. United Nations
c. RBI
d. None of these
ANSWER: b.
According to the UN report,
hydrological change induced by climate change will increase the challenge for
sustainable management of water resources, which are already under severe
pressure in most areas of the world. Food security, human health, urban
and rural public life, energy production, industrial development, economic
development and ecosystems are all dependent on water and are sensitive to the
effects of climate change. Thus, climate change adaptation and mitigation
through water management is important for sustainable development and achieving
the Sustainable Development Goal 2030.
3. Odisha Day is observed on which of the following days?
a. 30 March
b. 15 January
c. 01 April
d. 10 March
ANSWER: c. April
1
Orissa Foundation Day 1 is celebrated
Apral. On 1 April 1936, Odisha was made an independent
province. After independence, the princely states of Odisha and its
surroundings handed over their power to the Government of India. All the
princely states of Odisha merged completely in the state of Odisha in January
1949 under the Order of 1949 relating to the merger of princely states
(provinces under the governor). Odisha has many ancient names like
Kalinga, Utkal and Udra, but this region is mainly famous for the land of Lord
Jagannath.
4. Reserve Bank of India has its foundation day celebrated on which of the
following days?
a. 10 March
b. 01 April
c. 15 January
d. 10 April
ANSWER: b.
The foundation day of the Reserve Bank of India
was observed on 01
April 1. The Reserve Bank of India was established on
1 April 1935 as per the provisions of the Reserve Bank of India Act,
1934. Initially the central office of the Reserve Bank was established in
Kolkata but in 1937 it was permanently transferred to Mumbai. The central
office is the place where the governor sits and where policies are
formulated. Since nationalization in 1949, the Reserve Bank is fully owned
by the Government of India.
5. The interest rate for Sukanya Samriddhi Account Scheme has been reduced from
8.4 percent to what percentage?
a. 7.1 percent
b. 7.3 percent
c. 7.5 percent
d. 7.6 percent
ANSWER: d. In
the midst of the lockdown of 7.6 percent ,
there has been a big cut in the interest on small savings schemes. In the
period of economic slowdown, the government has reduced the interest rate of
several important schemes including Sukanya Samriddhi Yojana, Public Provident
Fund accounts, Senior Citizens Savings Scheme, National Savings Certificate in
the April-June quarter.