Welcome to your 03january2024dailycaquiz
1.
Concerning the One Nation One Subscription (ONOS) initiative, consider the following statements:
I. The Information and Library Network Centre (INFLIBNET) under UGC will be the nodal agency managing the initiative.Â
II. The One Nation One Subscription initiative will provide access to research materials for only urban researchers.
III. The initiative has a ₹6,000 crore budget for its first phase (2025–2027).Â
Which of the statements given above are correct?
2.
Regarding the role of the Quad in the Indo-Pacific region, which of the following are true?
3.
Concerning the Financial Stability Report (FSR) released by the RBI, consider the following statements:
I. Stress tests confirm that Scheduled Commercial Banks (SCBs) have sufficient capital buffers to endure adverse scenarios.Â
II. The projected growth rate for the Indian economy in FY25 is 7.6%.
III. The Gross Non-Performing Assets (GNPA) ratio is expected to increase to 4% by March 2026.Â
Which of the statements given above are correct?
4.
The Union Cabinet recently extended a special subsidy for Di-Ammonium Phosphate (DAP). Which of the following is true regarding the subsidy extension?
5.
Regarding the Pradhan Mantri Fasal Bima Yojana (PMFBY), consider the following statements:
I. The PMFBY scheme provides crop insurance to farmers at subsidized rates.Â
II. The scheme has been discontinued by the government from January 2025.
III. PMFBY aims to shield farmers from the adverse effects of natural disasters and market price fluctuations.Â
Which of the statements given above are correct?
6.
Concerning the Reserve Bank of India's Financial Stability Report (FSR), consider the following statements:
I. The insurance sector shows a declining solvency ratio, indicating financial instability.Â
II. The FSR identifies global economic vulnerabilities as a risk to India’s financial system.
III. The RBI’s stress tests confirm the resilience of mutual funds and NBFCs in times of stress.Â
Which of the statements given above are correct?
7.
The halting of Russian natural gas transit to Europe has led to the following adjustments. Which of the following countries is NOT directly impacted by the reduced Russian gas supply?
8.
The extended subsidy on Di-Ammonium Phosphate (DAP) will affect which of the following aspects?
9.
Regarding the Indian government’s initiative on fertilizer subsidies, consider the following statements:
I. The government has announced a special subsidy for urea fertilizers.Â
II. The special subsidy on DAP will continue until December 2025.
III. The subsidy aims to protect farmers from currency depreciation and price volatility.Â
Which of the statements given above are correct?Â
10.
Concerning the recent developments in Russia's natural gas exports, consider the following statements:
I. Russia halted all natural gas exports to the European Union through the Nord Stream pipeline.Â
II. The halt in gas transit is due to the expiration of a long-term agreement between Russia and Ukraine.
III. The halt will not affect European countries’ energy security as they have completely diversified their energy sources.Â
Which of the statements given above are correct?
