Published on Jun 11, 2019
Daily Prelims CA Quiz
UPSC Quiz - 2020 : IAS Daily Current Affairs Quiz Day 2
UPSC Quiz - 2020 : IASbaba’s Daily Current
Affairs Quiz Day 2
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Q.1) Which of the following statements with respect to ‘RBI’s Prudential Framework for Resolution of Stressed Assets’ is/are correct?
- It is applicable to Scheduled Commercial Banks Only.
- Banks have a review period of 2 days after a borrower defaults to decide on the resolution strategy.
- 1 Only
- 2 Only
- Both 1 and 2
- Neither 1 nor 2
Q.2) ‘Kunming Initiative’ is also referred to
- BCIM Forum
- ASEAN
- BIMSTEC
- BBIN Initiative
Q.3) Consider the following statements with respect to ‘No Frills accounts’
- The No Frills account is aimed to offer the most basic banking service to those from the low-income backgrounds.
- Banks cannot offer cheque book facility to the no-frills account holders.
- 1 Only
- 2 Only
- Both 1 and 2
- Neither 1 nor 2
Q.4) Consider the following statements with respect to ‘Lead Bank’ Scheme
- It was introduced during the 1991 reforms
- It was started for providing adequate banking and credit in rural areas through an ‘area approach’, with one bank assigned for one area
- 1 Only
- 2 Only
- Both 1 and 2
- Neither 1 nor 2
Q.5) The term ‘Additive Manufacturing (AM)’ is associated with
- Fruit based processed food
- 3D Printing
- Generic Drugs
- Defence Industrial Corridors
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