1. Which institution has mandated ‘penny drop’ verification for NPS fund withdrawal?
[A] IRDAI
[B] PFRDA
[C] SEBI
[D] RBI
Show Answer
Correct Answer: B [PFRDA]
Notes:
The Pension Fund Regulatory and Development Authority (PFRDA) has made ‘penny drop’ verification mandatory for the withdrawal of funds by subscribers of the National Pension System (NPS), Atal Pension Yojana and NPS Lite as well as modifications in bank account details.
Under the process, Central Recordkeeping Agencies (CRA) check the active status of the savings bank account and match the name in the bank account number with the name in the PRAN or according to the documents submitted.
2. Two ancient temple caves were recently discovered near Rajapur, Ratnagiri in which state?
[A] Karnataka
[B] Maharashtra
[C] Andhra Pradesh
[D] Kerala
Show Answer
Correct Answer: B [Maharashtra]
Notes:
Two ancient temple caves were discovered near Rajapur, Ratnagiri, in the state of Maharashtra. The caves are believed to have been created in the 5th or 6th century CE.
They are older than the Elephanta caves. Ratnagiri is also home to the Ratnagiri Caves, a Buddhist center. The Buddhist monuments were constructed from the 5th century CE onwards, with the last work in the 13th century.
3. ‘Meendum Manjappai’ is a scheme launched by which Indian state, to curb plastic usage?
[A] Kerala
[B] Tamil Nadu
[C] Andhra Pradesh
[D] Odisha
Show Answer
Correct Answer: B [Tamil Nadu]
Notes:
Tamil Nadu Chief Minister MK Stalin launched ‘Meendum Manjappai’ scheme to reduce the use of plastic bags, replacing them with cloth bags in 2021.
Recently, the Tamil Nadu state environment department has opened a ‘Meendum Manjappai’ kiosk worth 25 lakh at Besant Nagar beach, Chennai, to create awareness on plastic pollution and to enforce the ban on single-use plastic. It has a cloth bag vending slot and a plastic bottle-crushing machine.
4. ‘Maitree Super Thermal Power Project’ is situated in which country?
[A] Bangladesh
[B] India
[C] Sri Lanka
[D] Nepal
Show Answer
Correct Answer: A [Bangladesh]
Notes:
The Maitree Super Thermal Power Project, funded through an Indian Concessional Financing Scheme loan of USD 1.6 billion, is a 1320 MW Super Thermal Power Plant (MSTPP) situated in Bangladesh.
Prime Minister Narendra Modi and Prime Minister of Bangladesh, Sheikh Hasina, jointly inaugurated three development projects supported by India, including the Unit – II of the Maitree Super Thermal Power Plant.
5. ‘Rajaji Tiger Reserve’ is located in which state/UT?
[A] Andhra Pradesh
[B] Uttarakhand
[C] Madhya Pradesh
[D] West Bengal
Show Answer
Correct Answer: B [Uttarakhand]
Notes:
The Uttarakhand Cabinet gives nod to set up Rajaji Tiger Reserve Conservation Foundation. The primary aim of this foundation is to expedite and facilitate ecological, economic, social, and cultural development within the regions encompassing the Rajaji Tiger Reserve.
t also aims to provide alternative livelihood opportunities to the local communities to reduce their dependence on forests.
6. Which institution regulates the Co-operative banks in India?
[A] RBI
[B] NABARD
[C] Ministry of Cooperation
[D] NITI Aayog
Show Answer
Correct Answer: A [RBI]
Notes:
The Reserve Bank of India (RBI) has announced that District Central Co-operative Banks now have the authority to close their unremunerative branches without the necessity for prior permission from the central bank.
However, approval from the Registrar of Cooperative Societies in the respective state will still be required. The cooperative banks were brought under the regulatory framework of the Reserve Bank of India (RBI) in 2020.
7. Which country leads the ‘International Counter Ransomware Initiative’?
[A] Russia
[B] USA
[C] UK
[D] India
Show Answer
Correct Answer: B [USA]
Notes:
Forty nations within a US-led alliance intend to commit to never paying ransoms to cybercriminals and to collaborate in eradicating the financial support for hackers, as part of the International Counter Ransomware Initiative.
Ransomware attacks involve hackers encrypting an organization’s systems and demanding ransom payments in return for decrypting them.
8. Lucy Spacecraft was launched by NASA, to observe which celestial body?
[A] Moon
[B] Jupiter
[C] Asteroids
[D] Meteors
Show Answer
Correct Answer: C [Asteroids]
Notes:
Lucy is a NASA space probe on a twelve-year journey to eight different asteroids. Lucy Spacecraft came within 430 kilometers of the small asteroid named Dinkinesh. Dinkinesh is less than 1 kilometer wide, making it so small that it is nearly imperceptible from Earth.
The first images returned by Lucy reveal that the small main belt asteroid Dinkinesh is actually a binary pair. The team estimates that the larger body is approximately 790 metres at its widest, while the smaller is about 220 metres in size.
9. Which institution released the ‘2023 Adaptation Gap Report’?
[A] World Bank
[B] UNEP
[C] IMF
[D] WEF
Show Answer
Correct Answer: B [UNEP]
Notes:
In 2021, climate adaptation funding from public multilateral entities (such as the World Bank) and bilateral sources (from developed to developing nations) experienced a 15% decrease, as revealed in the 2023 Adaptation Gap Report by the United Nations Environment Programme (UNEP).
This decline occurred despite the commitments made at the 26th Conference of Parties to the United Nations Framework Convention on Climate Change. These commitments aimed to double the support for adaptation finance from 2019 levels, targeting an annual sum of approximately $40 billion by 2025.
10. ‘National Efficient Cooking Programme’ is associated with which institution?
[A] EESL
[B] NABARD
[C] NITI Aayog
[D] REC
Show Answer
Correct Answer: A [EESL]
Notes:
Energy Efficiency Services Limited (EESL), a joint venture involving Public Sector Undertakings under the Ministry of Power, has introduced two pioneering programs: the National Efficient Cooking Programme (NECP) and the Energy Efficient Fans Programme (EEFP).
These initiatives seek to transform cooking methods in India and underscore the significance of energy-efficient fans. As part of these programs, EESL aims to promote and implement energy-efficient technologies and practices across the country.