Accounts Quiz

1. What is the name of the operation launched by the CBI to combat cybercrime involving mule bank accounts?
[A] Operation Cyber Shield
[B] Operation Chakra-5
[C] Operation Digital Strike
[D] Operation Safe Net

Show Answer

2. Who authored the comprehensive historical accounts of Ahmedabad?
[A] James Tod
[B] William Dalrymple
[C] James Burgess and James M. Campbell
[D] R. C. Majumdar

Show Answer

3. Which mango variety, known as the king of mangoes, accounts for 70% of the mango cultivable area in Andhra Pradesh?
[A] Banganapalle
[B] Totapuri
[C] Dasheri
[D] Alphonso

Show Answer

4. In the context of India’s tea industry, which of the following statements is/are correct?

  1. India is the largest producer of tea in the world.
  2. Darjeeling tea is known as the ‘Champagne of Teas’.
  3. Black tea accounts for 96 percent of India’s total tea exports.

Select the correct option from the codes given below:

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

Show Answer

5. Regarding the concept of government borrowing and securities, consider the following statements:

  1. Government securities can have maturities ranging from 3 to 50 years.
  2. Sovereign green bonds are exclusively used for funding education projects.
  3. The Reserve Bank of India sets the Ways and Means Advances limit for government accounts.

How many of the above statements is/are correct?

[A] Only one
[B] Only two
[C] All three
[D] None

Show Answer

6. Consider the following statements regarding the Bt Cotton:

  1. Cotton, also known as White Gold, accounts for roughly two-thirds of total textile fiber consumption in India.
  2. Bt cotton is the only GM crop approved for commercial cultivation in the country by the Genetic Engineering Appraisal Committee (GEAC) in 2002.
  3. Bollgard-3 is a genetically modified cotton variety that contains multiple Bt proteins for pest resistance.

Which of the above statements is/are correct?

[A] Only one
[B] Only two
[C] All three
[D] None

Show Answer

7. In the context of the Public Accounts Committee (PAC), which of the following statements is/are correct?

  1. The Public Accounts Committee is responsible for examining government expenditure and ensuring accountability.
  2. PAC consists of thirty members, all from Lok Sabha for a term of one year.

Select the correct option from the codes given below:

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

Show Answer

8. In the light of digital payment systems, consider the following statements:

  1. Unified Payments Interface (UPI) was launched by the National Payments Corporation of India (NPCI) in 2016.
  2. PayPal is an example of a digital wallet that allows users to make payments through UPI.
  3. UPI allows users to link multiple bank accounts to a single mobile application.

How many of the above statements are correct?

[A] Only one
[B] Only two
[C] All three
[D] None

Show Answer

9. With respect to PM SVANidhi, which of the following statements is/are correct?

  1. It is a Central Sector Scheme under the Ministry of Finance.
  2. It provides collateral-free working capital loans.
  3. The scheme is available only to beneficiaries from States/UTs that have notified rules and a scheme under the Street Vendors Act, 2014.
  4. An interest subsidy of 25% per annum is credited to beneficiaries’ bank accounts for timely or early loan repayment.

Select the correct option from the codes given below:

[A] Only one
[B] Only Two
[C] Only three
[D] All Four

Show Answer

10. Regarding Sufi literature and its components, consider the following statements:

  1. Maktubat are collections of letters written by Sufi masters to their disciples.
  2. Tazkiras are biographical accounts of saints, often glorifying their spiritual genealogies.
  3. Malfuzats were compiled over centuries and had didactic purposes.

How many of the above statements are correct?

[A] Only one
[B] Only two
[C] All three
[D] None

Show Answer