1.Consider the following statements regarding India Digitization Fund

It has launched by the Google

It aims to help accelerate the adoption of digital services in India.

Which of the statement(s) given above is/are correct?

  1. 1 only
  2. 2 only
  3. Both 1 and 2
  4. Neither 1 nor 2

Answer: (c) Both 1 and 2

Explanation:

In NEWS: What the $10 billion investment means for Google, and India

The Investment will focus on four areas important to India’s digitization:

Source: https://indianexpress.com/article/explained/google-10-billion-usd-investment-in-india-explained-6505026/

2.Consider the following statements regardingSatellite Town Ring Road

This project is part of Bharatmala Pariyojna

It is an economic corridor that encompasses two states of Karnataka and Tamil Nadu

Which of the statement(s) given above is/are correct?

  1. 1 only
  2. 2 only
  3. Both 1 and 2
  4. Neither 1 nor 2

Answer: (c) Both 1 and 2

Explanation:

In NEWS: Satellite town ring road between T.N., Karnataka gets expert committee nod

Source: https://www.thehindu.com/news/national/tamil-nadu/satellite-town-ring-road-between-tn-karnataka-gets-expert-committee-nod/article32064523.ece

3.PRAGYATA Guidelines is related to which of the following option?

Promotes innovation to adopt renewable energy sources

Coastal Disaster Risk Reduction and Resilience

Educate scientists and technologists in defence public sector undertakings

Focus on digital education for students who are presently at home due to lockdown. 

Answer: (d) Focus on digital education for students who are presently at home due to lockdown. 

Explanation:

In NEWS: Union HRD Minister virtually releases PRAGYATA Guidelines on Digital Education

 The Union Human Resource Development Minister released PRAGYATA Guidelines on Digital Education recently. 

The COVID-19 pandemic has led to closure of schools and has impacted over 240 million children of the country who are enrolled in schools. 

About PRAGYATA guidelines: 

Source: https://pib.gov.in/PressReleasePage.aspx?PRID=1638541

4.Consider the following statements regarding Technology Information Forecasting and Assessment Council (TIFAC)

It is an autonomous organization under the Department of Science & Technology

It is a technology think tank specializing in Technology Information services, Foresight exercises, Innovation support and Technology demonstration programmes.

Which of the statement(s) given above is/are correct?

  1. 1 only
  2. 2 only
  3. Both 1 and 2
  4. Neither 1 nor 2

Answer: (c) Both 1 and 2

Explanation:

In NEWS: Govt tech think tank says import substitution through indigenisation could cushion GDP blow

Source: https://timesofindia.indiatimes.com/india/govt-tech-think-tank-says-import-substitution-through-indigenisation-could-cushion-gdp-blow/articleshow/76969903.cms

5.Consider the following statements regarding Consumer Food Price Index (CFPI)

It is a measure of change in retail prices of food products consumed by a defined population group in a given area with reference to a base year of 2012

It is launched by the Central Statistics Office

Which of the statement(s) given above is/are correct?

  1. 1 only
  2. 2 only
  3. Both 1 and 2
  4. Neither 1 nor 2

Answer: (c) Both 1 and 2

Explanation:

In NEWS: Retail inflation growth at 6.09% in June: Government data

About Consumer Food Price Index (CFPI)

Source: https://indianexpress.com/article/business/economy/india-june-2020-cpi-retail-inflation-data-6503751/

6.Consider the following statements regarding Padmanabhaswamy Temple

It is built in the 18th century by the then Travancore Maharaja Marthanda Varma.

It is built in the unique nagara style of architecture

Which of the statement(s) given above is/are correct?

  1. 1 only
  2. 2 only
  3. Both 1 and 2
  4. Neither 1 nor 2

Answer: (a) 1 only

Explanation:

In NEWS: Padmanabha Swamy Temple to be managed by ex-royal family, rules Supreme Court

About Sree Padmanabhaswamy Temple

Source: https://www.hindustantimes.com/india-news/supreme-court-upholds-the-rights-of-travancore-royal-family-to-administer-kerala-s-padmanabhaswamy-temple/story-0Ts5b1lxLfD5QOgPXGIYcM.html

7.Consider the following statements regarding Election Symbols (Reservation and Allotment) Order of 1968

It is an order to provide for specification, reservation, choice and allotment of symbols for the recognition of political parties.

It gives power to the Election Commission to suspend or withdraw recognition of a recognised political party.

Which of the statement(s) given above is/are correct?

  1. 1 only
  2. 2 only
  3. Both 1 and 2
  4. Neither 1 nor 2

Answer: (c) Both 1 and 2

Explanation:

In NEWS: Delhi HC issues notices to EC, Jagan’s party on use of name

About Election Symbols (Reservation and Allotment) Order of 1968:

Source: https://www.thehindu.com/news/national/andhra-pradesh/delhi-hc-issues-notices-to-ec-jagans-party-on-use-of-name/article32071633.ece

8.Consider the following statements regarding Hope Mission

It is the first interplanetary mission for the Arab countries

It is designed to study the thin atmosphere of Mars and help explain how the planet loses hydrogen and oxygen from its atmosphere into space.

Which of the statement(s) given above is/are correct?

  1. 1 only
  2. 2 only
  3. Both 1 and 2
  4. Neither 1 nor 2

Answer: (c) Both 1 and 2

Explanation:

In NEWS: Uae’s Hope Probe To Mars Launch Delayed Due To Bad Weather; Revised Attempt On 17 July

Source: https://www.firstpost.com/tech/science/uaes-hope-probe-to-mars-launch-delayed-due-to-bad-weather-revised-attempt-on-17-july-8594451.html

9.The Service Area Approach was implemented under the purview of

Integrated Rural Development Programme

Lead Bank Scheme

Mahatma Gandhi National Rural Employment Guarantee Scheme

National Skill Development Mission

Answer: (b) Lead Bank Scheme

Explanation:

10.Which of the following is not included in the assets of a commercial bank in India?

Advances

Deposits

Investments

Money at call and short notice

Answer: (b) Deposits

Explanation:

A bank places its funds in assets to earn profits. The assets include investments, loans and advances, money at call and short notice, bills discounted and purchased. It also includes the cash in hand with the banks and also the cash held with the RBI. The liabilities include deposits (both time and demand) and borrowings. Hence option (b) is correct.