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Daily MCQ Quiz

1. Consider the following statements regarding Cooperative banks
  1. They are governed by the Banking Regulation Act, 1949 only.
  2. Priority Sector Lending norms do not apply to them.
  3. They work under the ``No profit No Loss`` model.
Which of the above statements is/are correct?
2. Under the Reserve Bank of India?s (RBI) revised Supervisory Action Framework (SAF), urban cooperative banks (UCBs) will face restrictions for worsening of which of the following parameters?
  1. when net non-performing assets exceed 6% of net advances
  2. when they incur losses for two consecutive financial years or have accumulated losses on their balance sheets
  3. if capital adequacy ratio falls below 9%
Select the correct answer using the code given below:
3. With reference to the ``JUS COGENS``, consider the following statements:
  1. They are rules in international law that are peremptory or authoritative, and from which states cannot deviate.
  2. This have been sanctioned by the Vienna Conventions on the Law of Treaties of 1969 and 1986.
Which of the statements given above is/are correct?
4. Which one of the following statements does not apply to the system of Subsidiary Alliance introduced by Lord Wellesley?
5. Who among the following were the founders of the ``Hind Mazdoor Sabha`` established in 1948?
6. Consider the following statements:
  1. The Earth's magnetic field has reversed every few hundred thousand years.
  2. When the Earth was created more than 4000 million years ago, there was 54% oxygen and no carbon dioxide.
  3. When living organisms originated, they modified the early atmosphere of the Earth.
Which of the statements given above is/are correct?
7. Consider the following statements:
  1. The Reserve Bank of India manages and services Government of India Securities but not any State Government Securities.
  2. Treasury bills are issued by the Government of India and there are no treasury bills issued by the state Governments.
  3. Treasury bills offer are issued at a discount from the par value.
Which of the statements given above is/are correct?
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