1 UPSC EXAM ENGLISH QUIZ 02.09.2024 Daily Quiz 1 / 5 Q1. Consider the following statements: 1. Global Fintech Festival (GFF) 2024 in Mumbai, RBI Governor Shaktikanta Das outlined five strategic priorities for India’s financial future . 2. RBI Governor highlighted the significant progress in financial inclusion, with the RBI's Financial Inclusion Index rising from 53.9 in March 2021 to 74.2 in March 2024. Which of the above statement/statements are correct? 1 only 2 only Both 1 and 2 Neither 1 nor 2 Explanation: Global Fintech Festival (GFF) 2024 in Mumbai, Reserve Bank of India (RBI) Governor Shaktikanta Das outlined five strategic priorities for India’s financial future, underscoring the country’s ambitious plans to establish itself as a leading global economy. Five Priorities for India’s Financial Future RBI Governor highlighted the significant progress in financial inclusion, with the RBI's Financial Inclusion Index rising from 53.9 in March 2021 to 64.2 in March 2024. The Pradhan Mantri Jan Dhan Yojana (PMJDY), a flagship financial inclusion initiative, has been central to this progress, with over 530 million bank accounts opened, 66% in rural and semi-urban areas, and 55% benefiting women. Looking ahead, the RBI Governor stressed the importance of leveraging technology over the next two decades to address the financial needs of underserved regions, highlighting the crucial role of fintech companies in bridging gaps and ensuring seamless access to financial services. 2 / 5 Q2. Consider the following statements: 1. Prime Minister Narendra Modi attended the Lakhpati Didi Sammelan in Jalgaon, Maharashtra to mark the 75th anniversary of the founding of the Lakhpati Didi Sammelan, 2. An important event focused on empowering rural women through Self Help Groups (SHGs). 3. PM handed out certificates and felicitated 15 lakh new Lakhpati Didis who recently became Lakhpati during the third term of the present government. Which of the statements given above is/are correct? 1 and 2 are correct 1 and 3 are correct 2 and 3 are correct All of the above Explanation: Prime Minister Narendra Modi attended the Lakhpati Didi Sammelan in Jalgaon, Maharashtra to mark the 75th anniversary of the founding of the Lakhpati Didi Sammelan, an important event focused on empowering rural women through Self Help Groups (SHGs). Key Highlights of the Lakhpati Didi Sammelan Certificates and Felicitations: PM handed out certificates and felicitated 11 lakh new Lakhpati Didis who recently became Lakhpati during the third term of the present government. Financial Disbursements: A revolving fund of Rs 2,500 crore was released, benefiting about 48 lakh members of 4.3 lakh SHGs.Additionally, Rs 5,000 crore in bank loans were disbursed to benefit 25.8 lakh members of 2.35 lakh SHGs. Cultural and Economic Significance: The PM emphasised women's vital role in the rural economy and their contribution to India’s rise as the third-largest global economy within three years, highlighting a shift from historical neglect to recent initiatives aimed at alleviating their burdens. 3 / 5 Q3. Consider the following statements: 1. Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi in a meeting held in New Delhi, has approved the development of 12 new projects in the country's 6 major Industrial Corridors. 2. These projects included the development of industrial nodes and smart cities along the industrial corridors. Which of the above statement/statements are correct? 1 only 2 only Both 1 and 2 Neither 1 nor 2 Explanation: Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi in a meeting held in New Delhi, has approved the development of 12 new projects in the country's 6 major Industrial Corridors. These projects included the development of industrial nodes and smart cities along the industrial corridors. With this approval, the total number of projects to be developed under the National Industrial Corridor Development Programme (NICDP) is 44. Newly Approved Projects The 12 newly approved projects will be set up in 10 states along the 6 major Industrial Corridors, with an estimated investment of Rs 28,602 crore. The newly approved projects are - two in Andhra Pradesh ( Orvakal and Kopparthy) and two in Uttar Pradesh (Agra and Prayagraj). One each in Uttrakhand ( Khurpia), Punjab (Rajpura-Patiala), Maharashtra (Dighi ), Kerala (Palakkad), Bihar (Gaya), Telangana(Zaheerabad) and Rajasthan (Jodhpur-Pali). 4 / 5 Q4. Consider the following statements: 1. India inducted its second nuclear-powered ballistic missile submarine (SSBN), INS Arighat (S-3), built under the Advanced Technology Vessel (ATV) project. 2. INS Arighat will be inducted along with its predecessor INS Arihant, which was fully operational in 2015. 3. It aims to further strengthen the country's 'nuclear triad' (the ability to fire nuclear weapons from land, water and air). Which of the statements given above is/are correct? 1 and 2 are correct 1 and 3 are correct 2 and 3 are correct All of the above Explanation: India inducted its second nuclear-powered ballistic missile submarine (SSBN), INS Arighat (S-3), built under the Advanced Technology Vessel (ATV) project. INS Arighat will be inducted along with its predecessor INS Arihant, which was fully operational in 2018. It aims to further strengthen the country's 'nuclear triad' (the ability to fire nuclear weapons from land, water and air). Despite being similar in size and displacement to INS Arihant, INS Arighat can carry more K-15 missiles. Power: It consists of an 83 MW pressurised light-water reactor developed with Russian assistance. Arighat has four large vertical launch system (VLS) tubes that will carry the Sagarika SLBM (K-15). Sagarika is a hybrid propulsion, two-stage, solid-propellant missile with a range of 700 km. is more than. 5 / 5 Q5. Consider the following statements: 1. Department of Pension and Pensioners Welfare (DoPPW) organized the 5th Anubhav Awards ceremony to recognize the contributions made by Central Government employees during their service. 2. Instituted by Department of Personnel and Training, Anubhav Awards aim to recognize and document the experiences of retiring Central Government employees. Which of the above statement/statements are correct? 1 only 2 only Both 1 and 2 Neither 1 nor 2 Explanation: Department of Pension and Pensioners Welfare (DoPPW) organized the 7th Anubhav Awards ceremony to recognize the contributions made by Central Government employees during their service. Instituted by Department of Personnel and Training, Anubhav Awards aim to recognize and document the experiences of retiring Central Government employees. Launched in March 2015 on the direction of Prime Minister of India, the portal aims to create a culture of experience sharing while promoting good governance and administrative reforms through Anubhav Portal. Eligibility: Retiring Central Government employees/pensioners are eligible. Articles published on Anubhav Portal during the time frame notified by DoPPW are considered for awards. Your score is LinkedIn Facebook Twitter VKontakte Post navigation ALL EXAM QUIZ 02.09.2024 ALL EXAM QUIZ 03.09.2024
