Quiz Of the Day


1.  Consider the following statements:
1) University Grants Commission (UGC) has been vested with the responsibilities of providing funds and coordination, determination and maintenance of standards in institutions of higher education.
2) Higher Education is the shared responsibility of both the Centre and the States. Which of the statements given above is/are correct? .

     1 only
     2 only
     Both 1 and 2
     Neither 1 nor 2


2.  Consider the following statements regarding the Co-operative Banks:
1) Currently, Co-operative banks come under the complete regulation of the Reserve Bank of India (RBI).
2) Co-operative banks play a crucial role in rural financing.
3) Urban Co-operative Banks (UBBs) can either be scheduled or non-scheduled.
Which of the statements given above is/are correct?

     1 and 2 only
     2 only
     2 and 3 only
     1, 2 and 3


3.  World Economic Outlook’ Report is published by which of the following multilateral institution?

     World Trade Organisation
     World Bank
     International Monetary Fund
     Organisation for Economic Co-operation and Development


4.  Consider the following statements:
1) Pakistan had been given 27 point action plan on countering terror financing and anti-money laundering (CFT/AML) measures by the Financial Action Task Force (FATF).
2) Recently, Pakistan has been taken off the grey list of the FATF.
Which of the statements given above is/are not correct?

     1 only
     2 only
     Both 1 and 2
     Neither 1 nor 2


5.  The Union Cabinet approved the creation of the Indian National Space Promotion and Authorization Centre (IN-SPACe). What is the purpose of IN-SPACe?

     Increasing the applications of space technology in the agricultural field
     Enhancing the resource mapping potential of the country by augmenting the satellite infrastructure
     Concluding agreements with foreign space players to augment resources
     Giving a boost to private sector participation in the entire range of space activities