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Finish in 100 Revise in 50 for Prelims 2018

1. Which of the following will enhance the Financial inclusion in the country?

  1. Demonetisation
  2. Small Finance Banks
  3. Jan Dhan Yojana
  4. Indra Dhanush Scheme

Select the correct answer using the codes given below:

A. 1,2 and 3

B. 2 and 3

C. 2, 3 and 4

D. All the above.

 

2. Which of the following statements is/are true regarding Banking Cash Transaction Tax?

  1. It is levied on cash transactions above a specified limit on any savings bank account in a single day
  2. The tax was first introduced in 2005 and was later rolled back from 1 April, 2009.

Select the correct answer using the codes given below.

A. 1 only

B. 2 only

C. Both 1 and 2

D. Neither 1 nor 2

 

3. Which among the following sectors is covered under the Trade Receivables Discounting System?

A. Heavy Machines Industry

B. Service Sector

C. Micro, Small and Medium Enterprises (MSMEs)

D. Textile Industry

4. Consider the statements regarding Quantum Cryptography:

  1. It uses the polarized photons to encode the data instead of mathematical formulas
  2. It can provide the network with near hack proof communications.

Which of the above statements is/are true?

A. 1 only

B. 2 only

C. Both 1 and 2

D. Neither 1 nor 2

5. Consider the following statements regarding Pinaka Mark II Missile:

  1. It can be fired using multi-barrel rocket launcher.
  2. It is a guided version of Pinaka Mark I

Select the correct answer using the codes given below.

A. 1 only

B. 2 only

C. Both 1 and 2

D. Neither 1 nor 2

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