1. Consider the following pairs of National Parks/Wildlife Sanctuaries and the associated rivers passing through them:
- Kaziranga National Park – Diphlu
- Bhitarkanika National Park – Baitarani
- Singalila National Park – Rammam
- Kuno Wildlife Sanctuary – Kuno
How many pairs given above are correctly matched?
[A] Only 1 pair
[B] Only 2 pairs
[C] Only 3 pairs
[D] All 4 pairs
Show Answer
Correct Answer: D [All 4 pairs]
Notes:
Kaziranga National Park is traversed by Diphlu river. Bhitarkanika National Park is drained by Baitarani. Singalila National Park has River Rammam flowing through it. Kuno Wildlife Sanctuary is named after and bisected by the Kuno river. Thus, all 4 pairs given above are correctly matched.
2. Payments Vision 2025 document has been released recently. Which of the following statements related to it are correct?
- Its core theme is E-payments for everyone, everywhere, everytime (4Es).
- It has proposed enabling of geotagging of digital payment infrastructure and transactions.
- It expects the Unified Payments Interface (UPI) to register growth of 50% and more than 3x increase in the number of digital payment transactions by 2025.
Choose the correct answer using the codes given below:
[A] Only 1 & 2
[B] Only 2 & 3
[C] Only 1 & 3
[D] 1, 2 & 3
Show Answer
Correct Answer: D [1, 2 & 3]
Notes:- The Reserve Bank of India (RBI) has unveiled the Payments Vision 2025 document. The Payments Vision 2025 has the core theme of E-payments for everyone, everywhere, everytime (4Es) and aims to provide every user with safe, secure, fast, convenient, accessible and affordable e-payment options.
- The document proposes a host of innovative payment systems and regulation of BigTechs, fintechs, buy-now-pay-later (BNPL) systems, and introduction of a central bank digital currency (CBDC), among others.
- It has also proposed enabling of geotagging of digital payment infrastructure and transactions and revisiting guidelines for prepaid payment instruments (PPIs), including closed system PPIs.
- It also proposed a framework for regulation of all significant intermediaries in payments ecosystem and link credit cards and credit components of banking products to UPI. It expects the Unified Payments Interface (UPI) to register growth of 50% and more than 3x increase in the number of digital payment transactions by 2025.
- Other proposals include bringing in enhancements to Cheque Truncation System (CTS), including One Nation One Grid clearing and settlement perspective, and creating payment system for processing online merchant payments using internet and mobile banking.
3. India and Bangladesh are parties to which of the following projects:
- Padma bridge
- Agartala-Akhaura link
- Maitri bridge
Select the correct answer using the codes given below:
[A] Only 1 & 2
[B] Only 1 & 3
[C] Only 2 & 3
[D] 1, 2 & 3
Show Answer
Correct Answer: C [Only 2 & 3]
Notes:
Padma bridge is solely a Bangladesh domestic project, financed and constructed mainly by Bangladesh and China. The Agartala-Akhaura rail link and Maitri bridge are India-Bangladesh joint projects improving connectivity. The Agartala-Akhaura link connects India and Bangladesh by rail, while Maitri bridge connects Tripura in India to Bangladesh for better trade and access to Chittagong port.
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