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Question 1
Consider the following statements:
1. National Payments Corporation of India (NPCI) helps in promoting the financial inclusion in the country.
2. NPCI has launched RuPay, a card payment scheme.
Which of the following statements given above is/are correct?
1 only
2 only
Both 1 and 2
Neither 1 nor 2
Economics Questions answers

Question 1 Explanation: 
National Payments Corporation of India (NPCI), an umbrella organisation for operating retail payments and settlement systems in India, is an initiative of Reserve Bank of India (RBI) and Indian Banks' Association (IBA) under the provisions of the Payment and Settlement Systems Act, 2007, for creating a robust Payment & Settlement Infrastructure in India. NPCI, during its journey, has made a significant impact on the retail payment systems in the country. Dedicated to the nation by our former President, Shri Pranab Mukherjee, endorsed by the Hon'ble Prime Minister, Shri Narendra Modi and later made the card of choice for the ambitious Pradhan Mantri Jan Dhan Yojana, RuPay is now a known name. RuPay is an indigenously developed Payment System - designed to meet the expectation and needs of the Indian consumer, banks and merchant eco-system. RuPay supports the issuance of debit, credit and prepaid cards by banks in India and thereby supporting the growth of retail electronic payments in India. "
Question 2
Which of the following art forms are associated with 'Manipur'?
  1. Raas
  2. Sankirtana
  3. Thang-ta
Select the correct code:
1 and 2
2 and 3
1 and 3
All of the above
HRM Questions answers

Question 2 Explanation: 
  • Exhibits the transcendental love of Krishna and Radha and the Gopis' devotion to the Lord
  • Theme - Pangs of separation of the gopis and Radha- from Krishna


  • Accompanied with congregational singing
  • During all festivals and social functions


  • Martial dance form
  • It is popular term for the ancient Manipuri Martial Art known as HUYEN LALLONG.
  • In the Manipuri language, thang means sword and ta means spear. As its name implies, the sword and spear are the primary weapons in thang-ta. Other weapons used include the shield and axe.
Question 3
Balfour declaration was issued exactly a hundred years ago on November 2, 1917. Which of the following statements is/are correct about Balfour declaration?
1) It is related to end of World War I.
2) It is related to Zionism.
Only 1
Only 2
Puzzles Questions answers

Question 3 Explanation: 
The Balfour Declaration was a public statement issued by the British government during World War I announcing support for the establishment of a "national home for the Jewish people" in Palestine, then an Ottoman region with a minority Jewish population.
It greatly increased popular support for Zionism, the national movement of the Jewish people that supports the re-establishment of a Jewish homeland. "
Question 4
'Aaykar Setu', recently launched by the Ministry of Finance, will
  1. Enhance the experience of taxpayers and reduce taxpayer grievances
  2. Reduce the physical interface between assesses and tax assessing authorities
  3. Enable payment of taxes online
Select the correct answer using the code given below:
1 only
2 and 3 only
3 only
1, 2 and 3
Microbiology Questions answers

Question 4 Explanation: 
  • The online facility will enable payment of taxes, tracking of tax deducted at source and filing of applications for permanent account numbers (PAN).
  • The facility known as 'Aaykar Setu,' launched by finance minister Arun Jaitley, will also help people link their 12-digit biometric identifier Aadhaar with PAN.
  • Central Board of Direct Taxes will make it available as a desktop service and as an app for Android mobile phones, providing a range of informative and useful tax services.

PIB: 'Aaykar Setu' launched ; ET ; "

Question 5
NITI Aayog in its draft National Energy Policy has recommended that in order to improve the supply of oil and gas, the government must encourage setting up of new refineries, preferable at coastal locations. Why is it preferable for new refineries to be set up at coastal locations?
India has a heavy dependence on oil and gas imports, and India exports refined petroleum products
All unexploited oil and gas reserves of India are located in the coastal regions
Crude oil evaporates at a higher rate than refined products
Most of India's market for refined petroleum products are in the coastal regions
UPSC test Questions answers

Question 5 Explanation: 

In India, the share of oil and gas in energy consumption in 2015-16 was 26% and 6.5%, respectively. While the consumption of each has registered a sharp increase, production has increased only moderately. In order to improve the supply of oil and gas, the government must encourage capacity expansion and setting up of new refineries, preferably at coastal locations (the most appropriate reason for this is that India has a heavy dependence on oil and gas imports and also that export of refined petroleum products is an important contributor to India's export earnings).

  • Petroleum refining does not lead significant weightloss, unlike the aluminum/copper/sugarcane/timber processing.
  • Virtually all the by-products can be used. Therefore, refineries can be set up
    • near the raw material or
    • near the market or
    • at an intermediate break of the bulk location (ports/coastal locations)

Mrunal: Petroleum Refineries: Location ;

Improvisation: PRS July 2017 MPR ; "

There are 5 questions to complete.


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