Weekly Test Paper

CHANAKYA IAS ACADEMY

Topics: -
Current affairs
Polity:- 73rd Amendment , Panchayati Raj
Economy: - RBI and Banking

1. With reference to „eSanjeevani‟, consider the following statements

1. It is a telemedicine service platform of the Ministry of Health & Family Welfare.
2. It is developed by the Centre for Development of Advanced Computing (C-DAC).
Which of the statements given above is/are correct?
(a) 1 only (b) 2 only
(c) Both 1 and 2 (d) Neither 1 and 2

2. “The World Press Freedom Index” is annually released by which one of the following
organizations?
(a) World Economic Forum (b) International Press Institute
(c) Reporters Without Borders (d) World Press Institute

3. In India, the warnings for cyclones are given through the colours of Yellow, Orange and Red.
Which one of the following is the nodal agency for giving these warnings in India?
(a) National Disaster Management Authority
(b) State Disaster Management Authority
(c) Indian Meteorological Department
(d) Indian National Centre for Ocean Information Services

4. Which of the following diseases are caused by bacteria?

1. Dengue fever 2. Typhoid fever
3. Kala-azar 4. Tuberculosis
5. Anthrax
Select the correct answer using the codes given below:
(a) 1 and 2 only (b) 3, 4 and 5 only
(c) 2, 4 and 5 only (d) 1, 3 and 4 only

5. Consider the following pairs:

Types of ATM Primary Use
1. Green Label ATM Agricultural transactions
2. Yellow Label ATM Fuel stations
3. Orange Label ATM Transaction shares
Which of the pairs given above are correct?
(a) 1 only (b) 1 and 3
(c) 3 only (d) 1, 2 and 3

6. Consider the following statements regarding Motihari-Amlekhganj pipeline project:

1. It is the first cross-border petroleum product pipeline in the South Asia region.
2. It will carry petroleum products from Bihar to Amlekhganj in Nepal.
Which of the statements given above is/are correct?
(a) 1 only (b) 2 only
(c) Both 1 and 2 (d) Neither 1 nor 2
 Weekly Test Paper
CHANAKYA IAS ACADEMY
7. 'MANAV' initiative has been recently launched by the government of India.
Which of the following correctly describes its purpose?
(a) To reduce air pollution
(b) To create a comprehensive and integrated holistic human map
(c) To provide digital education to rural people
(d) To reduce the number of TB cases

8. Which of the following are the features associated with National common mobility Card?
1. It has interoperability among other platforms.
2. It can be used for contactless payments.
Which of the statements given above is/are correct?
(a) 1 only (b) 2 only
(c) Both 1 and 2 (d) Neither 1 nor 2

9. Recently, the Government of India has constituted the task force to draw up the National
Infrastructure Pipeline for each of the years from the financial year 2019-20 to 2024-25.
Which one of the following is not correct about the National Infrastructure Pipeline?
(a) It includes both economic and social infrastructure
(b) Centre Government and State Government will invest an equal share in the capital expenditure
(c) It also receives funding from private companies
(d) Urban development and Railways are given the highest share in fund allocation

10. Which of the following is/are not the members of the Gulf Cooperation Council?
1. Bahrain 2. Oman
3. Iran 4. Qatar
Select the correct answer using the code given below:
(a) 1 and 2 only (b) 2 and 4 only
(c) 3 only (d) 1, 2 and 3

11. The members of Gram Sabhya are

(a) Sarpanch, Upsarpanch and all elected Panchas
(b) Sarpanch, Upsarpanch and Village level worker
(c) Sarpanch, gram Sevak and elected Panchas
(d) Registered voters of Village Panchayat

12. Which Constitutional Article defines the Panchayat Raj—

(a) 243 O (b) 243A
(c) 243 (d) 243I

13. Under Constitutional Article 243D, in Panchayat who gets reservation—

(a) Scheduled Caste (b) Scheduled Tribes
(c) A and B (d) None of the above

14. Who make composition of Panchayat under Constitutional Article 243 c)

(a) State Assembly (b) Lok Sabha
(c) Council of State (d) Legislature of State

15. Which Constitutional Article defines disqualification for the members of Panchayat—
(a) Article 243F (b) Article 243G
(c) Article 243I (d) None of the above.
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CHANAKYA IAS ACADEMY
16. Which Constitutional Article defines the duration of the Panchayat---
(a) Article 243N (b) Article 243O
(c) Article 243E (d) Article 243B

17. Which one of the following objectives is not included in the 73rd Constitutional Amendment
of India:
(a) To increase the productivity of the land
(b) To reduce regional disparity in development
(c) To generate employment
(d) To provide essential infrastructure facilities and amenities to the people

18. The members of the Panchayat are?

(a) Nominated by the district officer
(b) The electorates of the respective territorial constituencies
(c) Nominated by local self-government minister of the state
(d) Nominated by the block development organization

19. In the Panchayat Raj system, the „Panchayat Samiti is constituted at the
(a) Village level (b) Block level
(c) District level (d) State level

20. In the Indian Constitution, which type of the Sabha is mentioned under Panchayat Raj—
(a) District Sabha (b) Gram Sabha
(c) Nagar Panchayat Sabha (d) Zila Sabha

21. Which of the following statements is/are correct regarding Currency Deposit Ratio (CDR)?
1. It is the ratio of money held by the public in currency to that they hold in bank deposits.
2. There will be decrease in CDR during festive season.
Select the correct answer using the codes given below:
(a) 1 only (b) 2 only
(c) Both 1 and 2 (d) Neither 1 nor 2

22. Consider the following statements with reference to Cash Reserve Ratio (CRR) and Statutory
Liquidity Ratio (SLR):
1. CRR is the fraction of the total Net Demand and Time Liabilities maintained by bank with itself
in form of cash deposits.
2. SLR is the fraction of the total Net Demand and Time Liabilities maintained by bank with RBI
in form of specified liquid assets.
3. CRR and SLR are part of Liquidity Adjustment Facility (LAF).
Which of the statements given above is/are correct?
(a) 1 and 2 only (b) 3 only
(c) 1, 2 and 3 (d) None

23. Which among the following is/are the qualitative tools to control credit creation by RBI?
1. Open Market Operations
2. Repo Rate
3. Margin Requirements
4. Credit Rationing Policy
Select the correct answer using the code given below:
(a) 1 and 2 only (b) 3 only
(c) 1, 2 and 3 only (d) 3 and 4 only
 Weekly Test Paper
CHANAKYA IAS ACADEMY
24. With reference to Capital Adequacy Ratio (CAR), consider the following statements:
1. It is the ratio of banks capital to its risk-weighted credit exposure (loans).
2. A bank with lower CAR is considered safe.
Which of the statements given above is/are correct?
(a) 1 only (b) 2 only
(c) Both 1 and 2 (d) Neither 1 nor 2

25. Consider the following statements.

1. RBI deposits consists of bank’s deposits with RBI as well as deposits of some individual
people.
2. Reserve money includes the deposits with RBI also.
Which of the statements given above is/are correct?
(a) Only 1 (b) Only 2
(c) Both 1 & 2 (d) Neither 1 nor 2

26. Consider the following statements about the Cooperative Banks in India.
1. They are required to assist the weaker sections and agricultural sector.
2. They are organized under the state government’s laws.
3. They have access to liberal financial assistance from NABARD
4. They are organized in a tiered structure.
Which of the above statements are correct?
(a) 1, 3 & 4 (b) 1, 2 & 4
(c) 1 & 3 (d) All of the above

27. Which of the following statements define the difference between NEFT and RTGS?
1. NEFT facilitate transfer of funds from bank branch to other bank branch of the same bank
whereas RTGS allows transfer of funds from one branch to any other bank branch.
2. NEFT allows transfer of funds of individuals only whereas RTGS allows transfer of funds of
individuals, firms and corporate.
3. The minimum amount to be remitted through RTGS is ‘2 lakh’ whereas there is no minimum
amount in NEFT.
Select the correct answer using the codes given below :
(a) Only 1 (b) Only 2
(c) Only 3 (d) Only 1 & 3

28. The Reserve Bank of India (RBI) acts as a bankers‟ bank. This would imply which of the
following? (2012)
1. Other banks retain their deposits with the RBI.
2. The RBI lends funds to the commercial banks in times of need.
3. The RBI advises the commercial banks on monetary matters.
Select the correct answer using the codes given below :
(a) 2 and 3 only (b) 1 and 2 only
(c) 1 and 3 only (d) 1, 2 and 3

29. Which is the Apex bank for micro finance in India?

(a) State Bank of India
(b) Industrial Development Bank of India
(c) Small Industries development bank of India
(d) National Bank of Agriculture and Rural development
 Weekly Test Paper
CHANAKYA IAS ACADEMY
30. Which of the following is/are the function (s) of RBI ?
1. Formulation & Execution of monetary policy.
2. Securing the monetary stability in India.
Select the correct answer using the codes given below :
(a) 1 only (b) 2 only
(c) Both 1 and 2 (d) Neither 1 nor 2