Daily MCQs – Day 65 – 19th September 2017

These MCQs are based on Today’s Targets given here 

Q.1) Consider the following statements about Unified Payment Interface (UPI):

1. Using UPI, a person can transfer money from his bank account to any other bank account anywhere in the world instantly using nothing but his/her UPI ID.
2. It is developed by the National Payments Corporation of India (NPCI) under the guidelines of the RBI.

Select the correct answer using the code given below:

a) 1 only
b) 2 only
c) Both 1 and 2
d) Neither 1 nor 2

 
Q.2) Consider the following statements about Goods and Services Tax Network (GSTN):

1. GSTN is a not for profit government organisation.
2. The Government of India holds 24.5%equity in GSTN

Select the correct answer using the code given below:

a) 1 only
b) 2 only
c) Both 1 and 2
d) Neither 1 nor 2

Q.3) Foreign Exchange Reserves consists of:

1. Foreign currency assets (FCAs)
2. Gold
3. Special Drawing Rights (SDRs)
4. RBI’s Reserve position with International Monetary Fund (IMF)
5. All NRI Deposits

Select the correct answer using the code given below:

a) 1, 2 and 3 only
b) 1, 3 and 4 only
c) 1, 2, 3 and 4 only
d) 1, 2, 3, 4 and 5

Q.4) Consider the following statements:

1. Snow leopard is a large cat native to the mountain ranges of Central and South Asia- including Himalayas, and Russia’s remote Altai mountains.
2. Snow Leopard is an “Endangered Species” as per IUCN list.

Select the correct answer using the code given below:

a) 1 only
b) 2 only
c) Both 1 and 2
d) Neither 1 nor 2