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Daily MCQ Quiz

1. With reference to India's increasing defence expenditure, consider the following statements:
  1. The Defence Acquisition Council is the highest decision-making body for overall guidance of the defence procurement planning process and is headed by the National Security Advisor
  2. The defence sector is open to 100% FDI howvever only upto 49% is permitted via Automatic Route.
  3. As per Defence Procurement Procedure 2020, Indigenous Content (IC) stipulated in various categories of procurement has been increased by about 40% to support the ?Make in India? initiative
Select the correct statements
2. Consider the following statements about Rashtriya Arogya Nidhi program recently seen in news:
  1. Rashtriya Arogya Nidhi is a National Illness Assistance Fund to provide financial assistance to the patients who live below the poverty line and go through serious illness or life-threatening disease.
  2. Under the Rashtriya Arogya Nidhi, the reimbursement of medical expenditure that is already incurred by the patients is not permissible.
  3. The patients going through treatment in private hospitals will not be eligible for any financial assistance under the scheme.
Choose the correct statements:
3. What do the following terms have in common?
  1. Darshani
  2. Miadi
  3. Shahjog
4. Consider the following statements with reference to Payment Banks:
  1. Payments banks are differentiated banks set up mainly after recommendations of Nachiket Mor Committee.
  2. It can accept demand deposits only that is savings and current accounts, not time deposits.
  3. Payment Banks cannot accept Non-Resident Indian (NRI) deposits.
  4. The Payment Banks can set up subsidiaries to undertake non-banking financial services activities.
Select the correct Statements:
5. Considering India's vast semi arid expanses and scope for dryland area agriculture, consider the statements:
  1. National Mission on Edible Oil-Oil Palm has been launched with focus on states like Rajasthan and Maharashtra to increase farmer incomes and achieve self reliance.
  2. India is the largest consumer of vegetable oil in the world.
  3. India imports only about 2% of its total estimated palm oil consumption from countries of South East Asia.
Choose the correct statements:
6. With regards to India's External Sector, consider the following statements:
  1. India is a an anomaly amongst developing countries in that its majority external debt is denominated in Rupee.
  2. Most of India's external debt is owed by governmental entities.
Select the INCORRECT statement/s
7. Which of the following adds/add nitrogen to the soil?
  1. Excretion of Urea by animals
  2. Burning of coal by man
  3. Death of vegetation
Select the correct answer using the code given below:
GS Paper 1 GS-1
GS Paper 1 GS-2
GS Paper 1 GS-3
GS Paper 1 GS-4
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