41. Which institution initiated a study of fees and expenses of Mutual Funds?
[A] RBI
[B] SEBI
[C] NITI Aayog
[D] PM-EAC
Show Answer
Correct Answer: B [SEBI]
Notes:
Capital markets regulator SEBI said that it has initiated a detailed study of fees and expenses charged by mutual funds.
The study would seek to encourage new participants, encourage adoption of technology, discourage cross subsidisation across schemes, close arbitrage opportunities, and curbing malpractices if any in the practice.
42. Under Atal Innovation Mission, what is the maximum grant provided to establish AIC?
[A] Rs 1 crore
[B] Rs 5 crore
[C] Rs 10 crore
[D] Rs 25 crore
Show Answer
Correct Answer: C [Rs 10 crore]
Notes:
Under Atal Innovation Mission, grant-in-aid of up to Rs. 10 crores for a maximum period of 5 years is provided to establish the Atal Incubation Centre (AIC)
Atal Incubation Centre (AIC) at the Bhabha Atomic Research Centre (BARC) recently signed agreements with MSMEs for incubation of newer technologies into commercial products.
43. What is the name of the digital project funded by Google to map the language diversity of India?
[A] Project Bharat
[B] Project Vaani
[C] Project Echo
[D] Project Inimai
Show Answer
Correct Answer: B [Project Vaani]
Notes:
The Indian Institute of Sciences (IISc), ARTPARK (AI and Robotics Technology Park) and Google have partnered together for ‘Project Vaani’ Initiative.
The digital project aims to map the language diversity of India by collecting speech sets of about a million people across 773 districts. The project aims to record over 150,000 hours of speech, part of which will be transcribed in local scripts. The goal is to boost development of automatic speech recognition, speech to speech translation and natural language understanding.
44. ‘Daksh’ is the payments fraud reporting module maintained by which institution?
[A] SEBI
[B] NITI Aayog
[C] RBI
[D] SBI
Show Answer
Correct Answer: C [RBI]
Notes:
Daksh is the advanced supervisory management system maintained by the Reserve Bank of India (RBI).
RBI recently announced that it is migrating the payments fraud reporting module to Daksh on January 1, 2023. The move aims to streamline reporting, enhance efficiency and automate the payments fraud management process.
45. As of 2022, what is the minimum wage fixed for labourers in India?
[A] Rs 148 per day
[B] Rs 178 per day
[C] Rs 202 per day
[D] Rs 308 per day
Show Answer
Correct Answer: B [Rs 178 per day]
Notes:
In India, the minimum wage for labourers has been fixed at Rs 178 per day. The labour ministry is considering a shift from the minimum wage to a living wage.
As per reports, India could seek help from the International Labour Organisation (ILO) to arrive at living wages. A minimum wage is the amount required for subsistence and is set by law while the living wage is necessary for workers to meet their basic living requirements. The difference between the two may range from 10 to 25 per cent.
46. Which country launched the ‘G20 Digital Innovation Alliance (G20-DIA)’?
[A] India
[B] China
[C] Italy
[D] Germany
Show Answer
Correct Answer: A [India]
Notes:
As part of India’s G20 presidency, the Minister for Electronics & Information Technology, Ashwini Vaishnaw has launched the ‘G20 Digital Innovation Alliance” (G20-DIA)’.
He also launched the ‘Stay Safe Online’ campaign to increase awareness about the safe practices to be used while being online. MeitY is the Nodal Ministry for the G20 Digital Economy Working Group (DEWG). During India’s G20 presidency, MeitY will focus on three priority areas, namely Digital Public Infrastructure (DPI), Cyber Security, and Digital Skill Development.
47. What is the theme of the official Government of India Calendar for 2023?
[A] Sabka Saath, Sabka Vikas
[B] Naya Varsh, Naye Sankalp
[C] Vikas Aur Vishwas
[D] New Hopes of India
Show Answer
Correct Answer: B [Naya Varsh, Naye Sankalp]
Notes:
Union Information and broadcasting Minister Anurag Thakur released the Official Government of India Calendar for the year 2023.
It has 12 themes for the 12 months to highlight the efforts made by the Government towards public welfare. The calendar will showcase the achievements of the Government so far and the commitment for future, with the theme ‘Naya Varsh, Naye Sankalp’. It will be made available in 13 languages.
48. Which state commenced India’s first Nilgiri Tahr project?
[A] Kerala
[B] Tamil Nadu
[C] Odisha
[D] Karnataka
Show Answer
Correct Answer: B [Tamil Nadu]
Notes:
Tamil Nadu government has issued orders to conserve the Nilgiri tahr, the state animal, at a cost of Rs 25.14 crore.
This is regarded as the first Nilgiri Tahr conservation project in the country. The project would be implemented during a 5-year period from 2022-2027, and follow a strategy including synchronised surveys to estimate numbers of the tahrs. The tahr is an endangered species and is protected under Schedule-I of the Wildlife (Protection) Act of India, 1972.
49. The first consignment under the India-Australia Economic Cooperation and Trade Agreement (ECTA) was flagged off which state?
[A] West Bengal
[B] Tamil Nadu
[C] Maharashtra
[D] Goa
Show Answer
Correct Answer: B [Tamil Nadu]
Notes:
The first consignment under the India-Australia Economic Cooperation and Trade Agreement (ECTA) was flagged off from Chennai.
Another flagging off ceremony of the export consignments from Tamil Nadu under ECTA was held on at Ennore Adani Container Terminal, in Tamil Nadu. The pact will boost overall bilateral trade and benefit various labour intensive sectors of India as import duty from existing 5% becomes zero.
50. Election Commission has initiated the delimitation of assembly and parliamentary constituencies in which state?
[A] Himachal Pradesh
[B] Arunachal Pradesh
[C] Assam
[D] Gujarat
Show Answer
Correct Answer: C [Assam]
Notes:
The Election Commission has initiated the delimitation of assembly and parliamentary constituencies in Assam.
It will use the 2001 census figures for the readjustment of seats. The move to redraw the assembly and parliamentary seats of Assam as per Section 8A of the Representation of the People Act, 1950 has been initiated after a request from the Union Law Ministry.