[MISSION 2023] RTM(Revision through MCQs)- 5 Dec 2022

Ans: (c)

Explanation:

• S1: FRBM review panel had recommended the criterion of debt as a parameter for fiscal responsibility the central share being 40% and state 20%. Also, in terms of domestic liabilities the figures are actually reverse i:e central government 49% and state 21%.
• S3: Art. 293. (3.) A State may not without the consent of the Government of India raise any loan if there is still outstanding any part of a loan which has been made to the State by the Government of India or by its predecessor Government, or in respect of which a guarantee has been given by the Government of India or by its predecessor Government

Refer: https://www.insightsonindia.com/2022/12/05/cag-data-on-pension-bills-for-centre-and-states/

Ans: (d)

Explanation:

• The Comptroller and Auditor General of India is the supreme audit institution of India, established under Article 148 of the Constitution of India. They are empowered to audit all receipts and expenditure of the Government of India and the State Governments, including those of autonomous bodies and corporations substantially financed by the Government.
• The CAG is ranked 9th and enjoys the same status as a sitting judge of Supreme Court of India in order of precedence.

Refer: https://www.insightsonindia.com/2022/12/05/cag-data-on-pension-bills-for-centre-and-states/

Ans: (a)

Explanation:

• here the directive word is not correct!!
• S1: BHIM is not a wallet. It is a payments application which allows users to make instant bank transfers.
• S2: NPCI does not charge any user for transacting on BHIM. Kindly get in touch with your bank to ask for their charges
• S3: Dial *99# to avail features of BHIM without internet on any mobile phone.

Refer: https://www.insightsonindia.com/2022/12/05/the-unified-payments-interface-upi/

Ans: (b)

Explanation:

• S1: National Payments Corporation of India (NPCI), an umbrella organisation for operating retail payments and settlement systems in India, is an initiative of Reserve Bank of India (RBI) and Indian Banks’ Association (IBA) under the provisions of the Payment and Settlement Systems Act, 2007, for creating a robust Payment & Settlement Infrastructure in India.
• S2: National Payments Corporation of India (NPCI) has developed the National Electronic Toll Collection (NETC) program to meet the electronic tolling requirements of the Indian market.

Refer: https://www.insightsonindia.com/2022/12/05/the-unified-payments-interface-upi/

Ans: (b)

Explanation:

• Unified Payments Interface (UPI) is an instant real-time payment system developed by National Payments Corporation of India facilitating inter-bank transactions. The interface is regulated by the Reserve Bank of India and works by instantly transferring funds between two bank accounts on a mobile platform.
• It also caters to the “Peer to Peer” collect request which can be scheduled and paid as per requirement and convenience.

Refer: https://www.insightsonindia.com/2022/12/05/the-unified-payments-interface-upi/

Ans: (a)

Explanation:

• The INC-1 was convened and managed by the United Nations Environment Programme (UNEP).
• The INC-1 came after a landmark resolution was endorsed at the United Nations Environment Assembly (UNEA), calling for the international legally binding instrument to promote sustainable production and consumption of plastics.
• According to the OECD, global plastic production was 460 million tonnes (Mt) in 2019 (234 Mt in 2000) and during the same period, plastic waste doubled to 353 Mt from 156 Mt.

Refer: https://www.insightsonindia.com/2022/12/05/intergovernmental-meeting-to-end-plastic-pollution-concludes/

Ans: (a)

Explanation:

• Bureau of Indian Standards (BIS): BIS is the National Standard Body of India under the Ministry of Consumer Affairs, Food & Public Distribution. It was established under the BIS Act 2016.
• Minister for Consumer Affairs, Food & Public Distribution is the ex-officio President.
• The main activities are standardization, marking and quality certification of goods.
• BIS is responsible for developing Indian Standards, implementing voluntary and mandatory standards, such as Quality Control Orders, and providing quality assurance to consumers.

Refer: Facts for Prelims: https://www.insightsonindia.com/2022/12/05/mission-2023-insights-daily-current-affairs-pib-summary-5-december-2022/

Ans: (d)

Explanation:

• India tops the index on social hostilities relating to religion.
• The report was released by the Washington-based think tank Pew Research Centre
• The SHI measures acts of religious hostility by private individuals, organizations or groups. The index comprises 13 metrics, including religion-related armed conflict or terrorism and mob or sectarian violence.

Refer: Facts for Prelims: https://www.insightsonindia.com/2022/12/05/mission-2023-insights-daily-current-affairs-pib-summary-5-december-2022/

Ans: (c)

Explanation:

• ‘World’s first steam-propelled spacecraft heads to the moon and beyond.
• EQUULEUS Spacecraft is a water-powered CubeSat spacecraft.
• It was developed by Japan Aerospace Exploration Agency (JAXA)
• Launched from NASA’s Orion spacecraft

Refer: Facts for Prelims: https://www.insightsonindia.com/2022/12/05/mission-2023-insights-daily-current-affairs-pib-summary-5-december-2022/

Ans: (c)

Explanation:

• African Cheetah
  • IUCN status: They are vulnerable under the IUCN Red List.
  • Distribution: Around 6,500-7,000 African cheetahs present in the wild.
  • Characteristics: They are bigger in size as compared to Asiatic Cheetah.
• Asiatic Cheetah:
  • IUCN status: The Asiatic cheetah is classified as a “critically endangered” species by the IUCN Red List.
  • Status in India: The Asiatic Cheetah was declared extinct in India in 1952.
  • Distribution: They are only 40-50 and found only in Iran.
  • Characteristics: Smaller and paler than the African cheetah.

Refer: Facts for prelims: https://www.insightsonindia.com/2022/12/05/mission-2023-insights-daily-current-affairs-pib-summary-5-december-2022/