Daily Short Quiz for UPSC | 24 Feb 2021 | RaghukulCS

24 Feb 2021 - Daily Short Quiz

  • +2 for correct
  • -0.66 for incorrect
  • no negative for bonus
  • Time Based Quiz
  • Total Time : 5 Min.

Welcome to your Daily Short Quiz 24 Feb 2021

1.Consider the following statements regarding BRICS in news
  1. BRICS does not exist in form of organization, but it is an annual summit between the supreme leaders of five nations.
  2. All the members of BRICS are the founding members to associate five major emerging economies: Brazil, Russia, India, China, and South Africa.
  3. During the Sixth BRICS Summit in Fortaleza (2014) the leaders signed the Agreement establishing the New Development Bank (NDB).

Which of the above statements are correct?

2. Consider the following statements
  1. It is notable as one of the major national parks existing within a metropolis limit and is one of the most visited parks in the world.
  2. The Kanheri Caves in the centre of the park were an important Buddhist learning centre and pilgrimage site sculpted by Buddhist monks between the 9th and the 1st centuries BCE.
  3. The park has two lakes, Vihar Lake and Tulsi Lake, which meet a part of the city’s water requirements. 

Above description in the question is related to which of the following?

3. Consider the following statements regarding the Monetary Policy Committee (MPC) in news
  1. The Monetary Policy committee comprises six members – three officials of the Reserve Bank of India and three external members nominated by the Government of India.
  2. The Union Finance Minister is the chairperson ex officio of the committee. 
  3. Decisions will be taken by majority vote with each member having a vote.

Which of the above statements are correct?

4. Tawangchu and Nyamjangchu are the rivers known for the nesting sites of the Black Necked Cranes in news are situated in which of the following?
5. Consider the following statements regarding the Agriculture Infrastructure Fund (AIF)
  1. The scheme shall provide a medium – long term debt financing facility for investment in viable projects for post-harvest management Infrastructure and community farming assets through interest subvention and financial support.
  2. The duration of the Scheme shall be from FY2020 to FY2029 (10 years).
  3. Loans will have interest subvention of 3% per annum up to a limit of Rs. 2 crore. 

Which of the above statements are correct?

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