Daily UPSC Prelims Current Affairs – November 12-13-14, 2022 [Mock Test]

1. With reference to the Regional Rural Banks (RRBs) in India, consider the following statements:

  1. These are unscheduled commercial banks.
  2. They are owned by Central Government (50%), concerned State Government (15%), and Sponsor Bank (35%).
  3. They are required to maintain Capital to Risk-weighted Asset Ratio (CRAR) of a minimum of 15%.

Select the correct option using the codes below:

[A] Only 1
[B] Only 2
[C] Only 1 & 3
[D] 1, 2 & 3

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2. Consider the following statements:

  1. SEBI, NSE, BSE, and Multi-Commodity Exchange of India are affiliate members of the International Organization of Securities Commissions (IOSCO).
  2. Venture Capital Fund is a type of Alternative Investment Fund in India.

Which of the above statements is/are correct?

[A] Only 2
[B] Only 1
[C] Both 1 and 2
[D] Neither 1 nor 2

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3. Consider the following statements regarding Lumpy Skin Disease (LSD):

  1. Lumpy skin disease is caused by the Neethling virus, which belongs to the family Poxviridae.
  2. The disease often results in chronic debility, reduced milk production, poor growth, infertility, abortion, and sometimes death in affected cattle.

Which of the above statements is / are correct?

[A] Only 1
[B] Both 1 and 2
[C] Only 2
[D] Neither 1 nor 2

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