Weekly Current affairs play a very important role in the competitive examinations and hence, aspirants have to give undivided attention to it while doing preparation for the government examinations. The CGLRE, OCS examinations comprise a section of “Current Affairs” to evaluate how much the aspirant is aware of the daily happenings taking place around the world. To complement your preparation, we are providing you with a compilation of Weekly Current affairs.
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1. What is the main goal of the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PM-JAY)?
a) Educational Development
b) Housing for All
c) Financial Inclusion
d) Universal Health Coverage
Answer: d) Universal Health Coverage
2. How many additional individuals does the Indian government aim to incorporate into AB PM-JAY by January 26?
a) 100 million
b) 200 million
c) 270 million
d) 350 million
Answer: c) 270 million
3. Currently, how many people possess an Ayushman card according to the given information?
a) 150 million
b) 200 million
c) 280 million
d) 350 million
Answer: c) 280 million
4. What does the Ayushman card provide access to?
a) Free education
b) Subsidized housing
c) Quality healthcare
d) Employment opportunities
Answer: c) Quality healthcare
5. What is the target coverage number set by the government for AB PM-JAY?
a) 350 million
b) 450 million
c) 550 million
d) 650 million
Answer: c) 550 million
6. How much of a gap in coverage does the government need to address within a little over a month, as per the information provided?
a) 100 million individuals
b) 200 million individuals
c) 270 million individuals
d) 350 million individuals
Answer: c) 270 million individuals
7. Which office reported an approaching 3.16 percent hospitalization rate per 100,000 beneficiaries this fiscal year?
a) National Health Authority
b) National Statistical Office
c) Ministry of Health and Family Welfare
d) Ayushman Bharat Mission Office
Answer: b) National Statistical Office
8. What is the national average hospitalization rate in the fiscal year mentioned in the passage?
a) 1.9 percent
b) 2.5 percent
c) 2.9 percent
d) 3.5 percent
Answer: c) 2.9 percent
9. What is the primary focus of AB PM-JAY with regard to the socio-economic status of beneficiaries?
a) Middle-income individuals
b) Those living above the poverty line
c) Those living below the poverty line
d) Urban residents
Answer: c) Those living below the poverty line
10. How has the proliferation of Ayushman cards impacted hospitalizations, according to the passage?
a) Decreased hospitalization rates
b) No impact on hospitalization rates
c) Increased hospitalization rates
d) Stabilized hospitalization rates
Answer: c) Increased hospitalization rates
11. Which date does the Indian government aim to achieve comprehensive coverage for AB PM-JAY?
a) December 31
b) January 15
c) January 26
d) February 1
Answer: c) January 26
12. What is the key challenge in achieving comprehensive coverage for AB PM-JAY, as mentioned in the passage?
a) Lack of government support
b) Insufficient healthcare facilities
c) Funding constraints
d) Public apathy
Answer: c) Funding constraints
13. How many people below the poverty line are already covered by AB PM-JAY, based on the information provided?
a) 200 million
b) 250 million
c) 280 million
d) 300 million
Answer: c) 280 million
14. What is the potential impact of extending AB PM-JAY coverage to 550 million people?
a) Decrease in hospitalizations
b) Increase in hospitalizations
c) No impact on hospitalizations
d) Improved healthcare quality
Answer: b) Increase in hospitalizations
15. Who is responsible for implementing AB PM-JAY at the national level?
a) Ministry of Finance
b) Ministry of Health and Family Welfare
c) National Health Authority
d) Prime Minister’s Office
Answer: c) National Health Authority
16. What is the fiscal year mentioned in the passage regarding hospitalization rates?
a) 2020-2021
b) 2021-2022
c) 2022-2023
d) 2023-2024
Answer: c) 2022-2023
17. How many individuals are left to be addressed to achieve the government’s AB PM-JAY coverage goal?
a) 100 million
b) 150 million
c) 270 million
d) 350 million
Answer: c) 270 million
18. What is the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana commonly known as?
a) Health for All
b) Swasthya Suraksha Yojana
c) Jan Arogya Abhiyan
d) Medicare for Everyone
Answer: b) Swasthya Suraksha Yojana
19. What is the flagship health scheme of the Indian government mentioned in the passage?
a) Swachh Bharat Abhiyan
b) Ayushman Bharat Pradhan Mantri Jan Arogya Yojana
c) Pradhan Mantri Fasal Bima Yojana
d) Make in India
Answer: b) Ayushman Bharat Pradhan Mantri Jan Arogya Yojana
20. What is the primary motivation behind the mission to achieve comprehensive coverage for AB PM-JAY?
a) Economic development
b) Social welfare
c) Global recognition
d) Political popularity
Answer: b) Social welfare
21. Which office is responsible for reporting the hospitalization rates mentioned in the passage?
a) Ministry of Health and Family Welfare
b) National Statistical Office
c) National Health Authority
d) Ayushman Bharat Mission Office
Answer: b) National Statistical Office
22. What is the timeframe set by the government to achieve the comprehensive coverage goal for AB PM-JAY?
a) Six months
b) One year
c) Little over a month
d) Two years
Answer: c) Little over a month
23. In which sector does the Indian government face challenges in extending AB PM-JAY coverage?
a) Education
b) Healthcare
c) Infrastructure
d) Agriculture
Answer: b) Healthcare
24. What does the term “Jan Arogya” in AB PM-JAY signify?
a) People’s Wealth
b) Public Health
c) Universal Coverage
d) Social Security
Answer: b) Public Health
25. Which agency oversees the implementation of AB PM-JAY at the state level?
a) State Health Department
b) National Health Authority
c) Ministry of Home Affairs
d) State Chief Minister’s Office
Answer: a) State Health Department
26. What is the role of the Ayushman card in accessing healthcare services?
a) Identifying beneficiaries
b) Providing financial assistance
c) Ensuring eligibility
d) Granting access to quality healthcare
Answer: d) Granting access to quality healthcare
27. What is the demographic focus of AB PM-JAY, as mentioned in the passage?
a) Rural residents
b) Urban residents
c) Middle-income individuals
d) Below the poverty line individuals
Answer: d) Below the poverty line individuals
28. Which ministry collaborates with the National Health Authority for the implementation of AB PM-JAY?
a) Ministry of Finance
b) Ministry of Social Justice and Empowerment
c) Ministry of Rural Development
d) Ministry of Health and Family Welfare
Answer: d) Ministry of Health and Family Welfare
29. How does AB PM-JAY address the financial barriers to healthcare for beneficiaries?
a) Provides free healthcare services
b) Offers subsidized healthcare services
c) Implements health insurance coverage
d) Grants cash assistance to beneficiaries
Answer: c) Implements health insurance coverage
30. What is the primary mechanism through which beneficiaries are identified for AB PM-JAY?
a) Income tax returns
b) Aadhaar card
c) Voter ID card
d) Social media profiles
Answer: b) Aadhaar card
31. In which sector does AB PM-JAY contribute to the reduction of out-of-pocket expenses?
a) Education
b) Housing
c) Healthcare
d) Agriculture
Answer: c) Healthcare
32. What is the key metric used to measure the hospitalization rate in the passage?
a) Per capita income
b) Hospital beds per thousand people
c) Hospitalization rate per 100,000 beneficiaries
d) Life expectancy
Answer: c) Hospitalization rate per 100,000 beneficiaries
33. What is the flagship health scheme of the Indian government before the introduction of AB PM-JAY?
a) Rashtriya Swasthya Bima Yojana
b) Pradhan Mantri Suraksha Bima Yojana
c) Atal Pension Yojana
d) Jan Dhan Yojana
Answer: a) Rashtriya Swasthya Bima Yojana
34. What is the primary objective of AB PM-JAY regarding hospitalization rates?
a) Increase hospitalization rates
b) Stabilize hospitalization rates
c) Decrease hospitalization rates
d) No impact on hospitalization rates
Answer: b) Stabilize hospitalization rates
35. Which category of individuals is the focus of AB PM-JAY, as mentioned in the passage?
a) Senior citizens
b) Women
c) Below the poverty line families
d) Urban residents
Answer: c) Below the poverty line families
36. What is the role of the National Health Authority in AB PM-JAY?
a) Implementing state-level programs
b) Formulating healthcare policies
c) Overseeing national-level implementation
d) Administering cash benefits
Answer: c) Overseeing national-level implementation
37. How does AB PM-JAY contribute to poverty alleviation?
a) Direct cash transfers
b) Employment generation
c) Reduction in healthcare expenses
d) Housing subsidies
Answer: c) Reduction in healthcare expenses
38. What is the significance of January 26 in the context of AB PM-JAY mentioned in the passage?
a) Launch date of the scheme
b) Deadline for comprehensive coverage
c) National Health Day
d) Budget announcement day
Answer: b) Deadline for comprehensive coverage
39. What is the relationship between the Ayushman card and hospitalizations?
a) No correlation
b) Negative correlation
c) Positive correlation
d) Causal relationship
Answer: c) Positive correlation
40. Which organization provides the statistical data on hospitalization rates?
a) World Health Organization
b) National Statistical Office
c) Indian Medical Association
d) Ayushman Bharat Mission Office
Answer: b) National Statistical Office
41. What does the term “Jan Arogya Yojana” translate to in English?
a) People’s Wealth Scheme
b) Public Health Scheme
c) Universal Health Scheme
d) Social Security Scheme
Answer: c) Universal Health Scheme
42. What is the primary mode of identification for Ayushman cardholders?
a) Fingerprints
b) Iris scan
c) Aadhaar card
d) Passport
Answer: c) Aadhaar card
43. How does the government plan to address the funding constraints for AB PM-JAY?
a) International aid
b) Increased taxation
c) Public-private partnerships
d) Reducing program scope
Answer: c) Public-private partnerships
44. Which socio-economic group does AB PM-JAY primarily target?
a) High-income individuals
b) Middle-income individuals
c) Below the poverty line individuals
d) Rural residents
Answer: c) Below the poverty line individuals
45. How does the government plan to achieve comprehensive coverage for AB PM-JAY within the given timeframe?
a) Mass awareness campaigns
b) Expanding healthcare infrastructure
c) Increasing the number of Ayushman cards
d) Streamlining the enrollment process
Answer: a) Mass awareness campaigns
46. What is the potential impact of achieving comprehensive coverage for AB PM-JAY on the national hospitalization rate?
a) Increase
b) Decrease
c) Stabilize
d) No impact
Answer: c) Stabilize
47. What is the role of the National Health Authority in AB PM-JAY implementation at the state level?
a) Policy formulation
b) Monitoring and evaluation
c) Financial assistance
d) Aadhaar card distribution
Answer: b) Monitoring and evaluation
48. What is the primary factor contributing to the surge in hospitalizations, according to the passage?
a) Improved healthcare facilities
b) Increased awareness
c) Proliferation of Ayushman cards
d) Government subsidies
Answer: c) Proliferation of Ayushman cards
49. What is the primary tool used by the Reserve Bank of India (RBI) for short-term liquidity management?
a. Fixed Deposit
b. Variable Rate Repo
c. Savings Account
d. Commercial Paper
Answer: b. Variable Rate Repo
50. When is the 7-day variable rate repo (VRR) auction, as mentioned in the passage, scheduled to take place?
a. December 20
b. December 21
c. December 22
d. December 23
Answer: c. December 22
51. When was National Mathematics Day officially designated by the Indian government?
A) 22nd November
B) 22nd December
C) 22nd January
D) 22nd February
Answer: B) 22nd December
52. What is the significance of December 22 in relation to National Mathematics Day?
A) Foundation Day of Indian Mathematics Society
B) Birth anniversary of Srinivasa Ramanujan
C) UNESCO World Mathematics Day
D) Invention of Zero Day
Answer: B) Birth anniversary of Srinivasa Ramanujan
53. Where was Srinivasa Ramanujan born?
A) Mumbai, Maharashtra
B) Kolkata, West Bengal
C) Erode, Tamil Nadu
D) Bangalore, Karnataka
Answer: C) Erode, Tamil Nadu
54. In which year was Srinivasa Ramanujan born?
A) 1875
B) 1887
C) 1895
D) 1901
Answer: B) 1887
55. Who officially designated December 22 as National Mathematics Day in 2012?
A) Jawaharlal Nehru
B) Atal Bihari Vajpayee
C) Manmohan Singh
D) Narendra Modi
Answer: C) Manmohan Singh
56. What is the main objective of National Mathematics Day?
A) Celebrate the achievements of all mathematicians
B) Promote the study of advanced mathematics
C) Propagate the significance of mathematics in various aspects of life
D) Recognize the contributions of physicists
Answer: C) Propagate the significance of mathematics in various aspects of life
57. On National Mathematics Day, what is the focus beyond textbooks?
A) Memorization of formulas
B) Embrace critical thinking and logical reasoning
C) Learning basic arithmetic
D) Ignoring mathematical applications
Answer: B) Embrace critical thinking and logical reasoning
58. What unconventional path of learning is associated with Srinivasa Ramanujan?
A) Self-taught mathematician
B) Online courses
C) Laboratory experiments
D) Artistic expression
Answer: A) Self-taught mathematician
59. Which state in India is Erode, the birthplace of Srinivasa Ramanujan, located?
A) Kerala
B) Tamil Nadu
C) Karnataka
D) Andhra Pradesh
Answer: B) Tamil Nadu
60. What aspect of Srinivasa Ramanujan’s contributions is emphasized on National Mathematics Day?
A) Geometry
B) Algebra
C) Number Theory
D) Trigonometry
Answer: C) Number Theory
61. In which city did Srinivasa Ramanujan work with British mathematician G.H. Hardy?
A) Cambridge
B) London
C) Oxford
D) Manchester
Answer: A) Cambridge
62. What is the birthdate of Srinivasa Ramanujan, celebrated as National Mathematics Day?
A) December 7
B) December 15
C) December 22
D) December 31
Answer: C) December 22
63. What is the term used for Srinivasa Ramanujan’s series summation formula?
A) Ramanujan’s Theorem
B) Ramanujan’s Conjecture
C) Ramanujan’s Summation
D) Ramanujan’s Integral
Answer: C) Ramanujan’s Summation
64. Which Indian state is known for its contribution to the history of mathematics and astronomy, along with Tamil Nadu?
A) Punjab
B) Kerala
C) Gujarat
D) Maharashtra
Answer: B) Kerala
65. What is the primary message conveyed through National Mathematics Day celebrations?
A) Mathematics is easy for everyone
B) Mathematics is a challenging subject
C) The joy of learning mathematics
D) Mathematics is only for geniuses
Answer: C) The joy of learning mathematics
66. What is the main theme of National Mathematics Day in 2023?
A) Women in Mathematics
B) Fractals and Chaos Theory
C) Cryptography and Number Theory
D) Applications of Differential Equations
Answer: A) Women in Mathematics
67. Who is considered the “Man Who Knew Infinity” in the context of the famous biography on Srinivasa Ramanujan?
A) G.H. Hardy
B) Srinivasa Ramanujan
C) Albert Einstein
D) Isaac Newton
Answer: B) Srinivasa Ramanujan
68. Which branch of mathematics did Srinivasa Ramanujan make significant contributions to?
A) Calculus
B) Algebraic Geometry
C) Number Theory
D) Probability
Answer: C) Number Theory
69. What is the term for the number 1729, famously associated with an anecdote involving Srinivasa Ramanujan?
A) Ramanujan’s Number
B) Hardy’s Number
C) Taxicab Number
D) Golden Ratio
Answer: C) Taxicab Number
70. In which field did Srinivasa Ramanujan make a substantial impact at a young age?
A) Physics
B) Chemistry
C) Medicine
D) Mathematics
Answer: D) Mathematics
71. What is the term used for the mathematical constant denoted by the letter “e,” equal to approximately 2.718?
A) Euler’s Number
B) Ramanujan’s Constant
C) Hardy’s Constant
D) Newton’s Number
Answer: A) Euler’s Number
72. Which mathematical concept did Ramanujan make significant contributions to, providing advanced results without proofs?
A) Calculus
B) Number Theory
C) Geometry
D) Linear Algebra
Answer: B) Number Theory
73. What is the term used for a non-terminating, non-repeating decimal in mathematics?
A) Rational Number
B) Irrational Number
C) Whole Number
D) Prime Number
Answer: B) Irrational Number
74. What is the famous quote by G.H. Hardy about a mathematical proof involving Ramanujan’s work?
A) “Pure mathematics is, in its way, the poetry of logical ideas.”
B) “God created the integers; all else is the work of man.”
C) “There is no royal road to mathematics.”
D) “I had ridden on a taxi number.”
Answer: D) “I had ridden on a taxi number.”
75. What is the term for a statement that is presumed to be true without direct evidence?
A) Conjecture
B) Hypothesis
C) Theorem
D) Axiom
Answer: A) Conjecture
76. Which Indian mathematical society celebrates its foundation day coinciding with National Mathematics Day?
A) Ramanujan Mathematical Society
B) Indian Mathematical Society
C) Hardy’s Mathematics Association
D) Euler’s Mathematical Club
Answer: B) Indian Mathematical Society
77. What is the name of the famous biography about Srinivasa Ramanujan written by Robert Kanigel?
A) “The Man Who Knew Infinity”
B) “Euler’s Enigma”
C) “Hardy’s Harmonies”
D) “Galois’ Genius”
Answer: A) “The Man Who Knew Infinity”
78. What is the term for a mathematical structure that repeats itself infinitely at various scales?
A) Fractal
B) Matrix
C) Polynomial
D) Derivative
Answer: A) Fractal
79. Which Indian state is known as the “Cradle of Indian Mathematics” and has a rich history of mathematical contributions?
A) Maharashtra
B) Uttar Pradesh
C) Tamil Nadu
D) Kerala
Answer: D) Kerala
80. What is the concept that describes a geometric shape that can be split into parts, each a reduced-scale copy of the whole?
A) Golden Ratio
B) Chaos Theory
C) Self-Similarity
D) Paradox
Answer: C) Self-Similarity
81. Which mathematical constant is denoted by the symbol “π” and represents the ratio of a circle’s circumference to its diameter?
A) Euler’s Number
B) Phi (Φ)
C) Ramanujan’s Constant
D) Pi (π)
Answer: D) Pi (π)
82. What is the term for a statement that has been proven true using deductive reasoning?
A) Conjecture
B) Hypothesis
C) Theorem
D) Axiom
Answer: C) Theorem
83. Which branch of mathematics deals with the properties and relationships of space and geometric figures?
A) Algebra
B) Calculus
C) Geometry
D) Number Theory
Answer: C) Geometry
84. What is the term for a whole number greater than 1 that has no positive divisors other than 1 and itself?
A) Composite Number
B) Prime Number
C) Rational Number
D) Irrational Number
Answer: B) Prime Number
85. Which famous mathematician collaborated with Srinivasa Ramanujan on the topic of mock theta functions?
A) Euclid
B) Pythagoras
C) G.H. Hardy
D) Isaac Newton
Answer: C) G.H. Hardy
86. What is the name of the mathematical constant denoted by the letter “i,” representing the imaginary unit?
A) Ramanujan’s Constant
B) Imaginary Constant
C) Euler’s Number
D) Hardy’s Constant
Answer: B) Imaginary Constant
87. Which area of mathematics studies the behavior of dynamic systems that are highly sensitive to initial conditions?
A) Chaos Theory
B) Game Theory
C) Set Theory
D) Probability Theory
Answer: A) Chaos Theory
88. What is the term for a quantity having both magnitude and direction, often represented by an arrow?
A) Scalar
B) Matrix
C) Vector
D) Tensor
Answer: C) Vector
89. Which famous problem in number theory was solved by Andrew Wiles with the use of modular forms?
A) Goldbach Conjecture
B) Riemann Hypothesis
C) Fermat’s Last Theorem
D) Collatz Conjecture
Answer: C) Fermat’s Last Theorem
90. What is the term for a sequence of numbers where each term is the sum of the two preceding ones?
A) Arithmetic Sequence
B) Geometric Sequence
C) Fibonacci Sequence
D) Pascal’s Triangle
Answer: C) Fibonacci Sequence
91. Who is known for the famous proof of the Pythagorean Theorem in ancient Greek mathematics?
A) Euclid
B) Archimedes
C) Pythagoras
D) Aristotle
Answer: A) Euclid
92. What is the term for a mathematical statement that is always true, regardless of the values of its variables?
A) Conjecture
B) Theorem
C) Axiom
D) Hypothesis
Answer: C) Axiom
93. Which mathematician is often credited with the discovery of calculus, along with Isaac Newton?
A) Leonhard Euler
B) Pierre-Simon Laplace
C) Gottfried Wilhelm Leibniz
D) Carl Friedrich Gauss
Answer: C) Gottfried Wilhelm Leibniz
94. What is the term for a mathematical concept that represents a quantity with both magnitude and direction?
A) Scalar
B) Vector
C) Matrix
D) Tensor
Answer: B) Vector
95. What is the concept that describes the study of mathematical structures using algebraic techniques?
A) Algebraic Geometry
B) Topology
C) Number Theory
D) Calculus
Answer: A) Algebraic Geometry
96. What is the reason for the increased liquidity infusion by RBI, as per the passage?
a. Economic Growth
b. Inflation Control
c. Liquidity Deficit
d. Exchange Rate Stability
Answer: c. Liquidity Deficit
97. By how much has the offered amount for the 7-day VRR auction been increased by RBI?
a. ₹1-lakh crore
b. ₹1.25-lakh crore
c. ₹1.5-lakh crore
d. ₹1.75-lakh crore
Answer: d. ₹1.75-lakh crore
98. As of December 20, what is the approximate liquidity deficit faced by the banking system, as mentioned in the passage?
a. ₹1.27-lakh crore
b. ₹1.75-lakh crore
c. ₹2.27-lakh crore
d. ₹2.5-lakh crore
Answer: c. ₹2.27-lakh crore
99. Who is the current Governor of the Reserve Bank of India (RBI)?
a. Raghuram Rajan
b. Urjit Patel
c. Shaktikanta Das
d. Duvvuri Subbarao
Answer: c. Shaktikanta Das
100. When did the system last face deficit conditions, according to Governor Shaktikanta Das?
a. September 2023
b. December 2022
c. June 2023
d. October 2023
Answer: a. September 2023
101. What is attributed to the recent easing of liquidity conditions, according to the passage?
a. Increased Government Spending
b. Decreased Government Spending
c. Higher Interest Rates
d. Reduced Market Participation
Answer: a. Increased Government Spending
102. What is the period of the variable rate repo mentioned in the passage?
a. 14 days
b. 7 days
c. 30 days
d. 90 days
Answer: b. 7 days
103. In the context of the passage, what is VRR an acronym for?
a. Variable Return Rate
b. Very Rapid Repo
c. Variable Rate Repo
d. Volatile Repurchase
Answer: c. Variable Rate Repo
104. What does RBI use the 7-day variable rate repo for, as per the passage?
a. Inflation Targeting
b. Liquidity Infusion
c. Long-term Investment
d. Exchange Rate Management
Answer: b. Liquidity Infusion
105. Which factor is NOT mentioned as a contributor to the liquidity easing, according to the passage?
a. Balanced Liquidity Distribution
b. Government Spending
c. Corporate Investment
d. Market Participants
Answer: c. Corporate Investment
106. What is the approximate liquidity deficit mentioned in the passage near an 8-year high?
a. ₹1.75-lakh crore
b. ₹2-lakh crore
c. ₹2.27-lakh crore
d. ₹2.5-lakh crore
Answer: c. ₹2.27-lakh crore
107. According to the passage, what was the liquidity condition in September 2023?
a. Surplus
b. Balanced
c. Deficit
d. Stable
Answer: c. Deficit
108. What is the term used in the passage to describe the recent monetary policy action of RBI?
a. Liquidity Easing
b. Repo Rate Hike
c. Interest Rate Cut
d. Inflation Targeting
Answer: a. Liquidity Easing
109. What is the purpose of the 7-day variable rate repo auction?
a. Managing Inflation
b. Controlling Exchange Rates
c. Infusing Liquidity
d. Fiscal Policy Implementation
Answer: c. Infusing Liquidity
110. In the context of the passage, what is the significance of the offered amount in the 7-day VRR auction?
a. Fixed Interest Rate
b. Maximum Bid Amount
c. Government Spending Cap
d. Liquidity Infusion Limit
Answer: d. Liquidity Infusion Limit
111. What is the current liquidity deficit level as a percentage of the offered amount in the 7-day VRR auction?
a. 75%
b. 100%
c. 125%
d. 150%
Answer: c. 125%
112. Which factor is highlighted as a reason for the liquidity deficit in the passage?
a. Reduced Market Participation
b. Increased Government Spending
c. Low Interest Rates
d. Limited Banking Transactions
Answer: b. Increased Government Spending
113. What is the term used in the passage to describe the condition where the system faced deficit conditions for the first time since September 2023?
a. Fiscal Imbalance
b. Liquidity Crunch
c. Economic Downturn
d. Monetary Contraction
Answer: b. Liquidity Crunch
114. What is the role of RBI Governor Shaktikanta Das, as mentioned in the passage?
a. Monitoring Government Spending
b. Managing Inflation
c. Liquidity Distribution
d. Overseeing Monetary Policy
Answer: d. Overseeing Monetary Policy
115. What is the approximate duration of the liquidity deficit mentioned in the passage as near an 8-year high?
a. 6 months
b. 1 year
c. 3 years
d. 8 years
Answer: d. 8 years
116. What is the likely impact of increased government spending on liquidity, according to the passage?
a. Liquidity Deficit
b. Liquidity Surplus
c. Stable Liquidity
d. Increased Interest Rates
Answer: b. Liquidity Surplus
117. Which monetary policy tool is mentioned as being closely monitored by the central bank?
a. Fiscal Stimulus
b. Repo Rate
c. Reverse Repo Rate
d. Variable Rate Repo
Answer: d. Variable Rate Repo
118. What is the term used in the passage to describe the distribution of liquidity among market participants?
a. Equitable Allocation
b. Balanced Dispensation
c. Uniform Distribution
d. Liquidity Fairness
Answer: a. Equitable Allocation
119. What does RBI Governor Shaktikanta Das identify as a cause of the recent liquidity easing?
a. Stringent Monetary Policy
b. Increased Government Spending
c. Low Inflation Rates
d. Reduced Market Participation
Answer: b. Increased Government Spending
120. Which of the following is NOT mentioned as a reason for the liquidity deficit, as per the passage?
a. Balanced Liquidity Distribution
b. Increased Government Spending
c. Variable Rate Repo Auctions
d. Near 8-year High Liquidity Deficit
Answer: a. Balanced Liquidity Distribution
121. What is the central bank’s response to the liquidity deficit, as per the passage?
a. Reducing Interest Rates
b. Increasing Variable Rate Repo Amount
c. Implementing Quantitative Easing
d. Selling Government Bonds
Answer: b. Increasing Variable Rate Repo Amount
122. What is the tool used by RBI for controlling the money supply in the economy?
a. Open Market Operations (OMO)
b. Fixed Deposit Rate
c. Treasury Bills
d. Currency Exchange Rates
Answer: a. Open Market Operations (OMO)
123. In the context of the passage, what is meant by “liquidity infusion”?
a. Reduction of Liquidity
b. Increase in Liquidity
c. Liquidity Stagnation
d. Liquidity Redistribution
Answer: b. Increase in Liquidity
124. What is the significance of the 8-year high liquidity deficit, as mentioned in the passage?
a. Unprecedented Situation
b. Routine Monetary Policy
c. Economic Stability
d. Currency Depreciation
Answer: a. Unprecedented Situation
125. Which of the following is attributed to the recent liquidity easing, according to the passage?
a. Reduced Government Spending
b. Increased Market Participation
c. Balanced Liquidity Distribution
d. Increased Government Spending
Answer: d. Increased Government Spending
126. What does the passage attribute the recent liquidity challenges to?
a. Government Intervention
b. Economic Slowdown
c. Variable Rate Repo
d. Liquidity Deficit
Answer: d. Liquidity Deficit
127. What is the term used in the passage to describe the condition where the system faced deficit conditions for the first time since September 2023?
a. Fiscal Imbalance
b. Liquidity Crunch
c. Economic Downturn
d. Monetary Contraction
Answer: b. Liquidity Crunch
128. What is the central bank closely monitoring, according to the passage?
a. Government Spending
b. Inflation Rates
c. Liquidity Conditions
d. Currency Exchange Rates
Answer: c. Liquidity Conditions
129. What does the passage identify as a reason for the recent easing of liquidity conditions?
a. Reduced Government Spending
b. Balanced Liquidity Distribution
c. Increased Government Spending
d. Stringent Monetary Policy
Answer: c. Increased Government Spending
130. Which of the following is mentioned as a contributor to the liquidity easing, as per the passage?
a. Increased Corporate Investment
b. Reduced Market Participation
c. Balanced Liquidity Distribution
d. Increased Government Spending
Answer: d. Increased Government Spending
131. What is the central bank’s response to the liquidity deficit, as mentioned in the passage?
a. Reducing Interest Rates
b. Increasing Variable Rate Repo Amount
c. Implementing Quantitative Easing
d. Selling Government Bonds
Answer: b. Increasing Variable Rate Repo Amount
132. What is the term used in the passage to describe the recent monetary policy action of RBI?
a. Liquidity Easing
b. Repo Rate Hike
c. Interest Rate Cut
d. Inflation Targeting
Answer: a. Liquidity Easing
133. What is the likely impact of increased government spending on liquidity, according to the passage?
a. Liquidity Deficit
b. Liquidity Surplus
c. Stable Liquidity
d. Increased Interest Rates
Answer: b. Liquidity Surplus
134. In the context of the passage, what is meant by “liquidity infusion”?
a. Reduction of Liquidity
b. Increase in Liquidity
c. Liquidity Stagnation
d. Liquidity Redistribution
Answer: b. Increase in Liquidity
135. What is the role of RBI Governor Shaktikanta Das, as mentioned in the passage?
a. Monitoring Government Spending
b. Managing Inflation
c. Liquidity Distribution
d. Overseeing Monetary Policy
Answer: d. Overseeing Monetary Policy
136. Which of the following is attributed to the recent liquidity easing, according to the passage?
a. Reduced Government Spending
b. Increased Market Participation
c. Balanced Liquidity Distribution
d. Increased Government Spending
Answer: d. Increased Government Spending
137. What does the passage identify as a reason for the recent easing of liquidity conditions?
a. Reduced Government Spending
b. Balanced Liquidity Distribution
c. Increased Government Spending
d. Stringent Monetary Policy
Answer: c. Increased Government Spending
138. What is the central bank closely monitoring, according to the passage?
a. Government Spending
b. Inflation Rates
c. Liquidity Conditions
d. Currency Exchange Rates
Answer: c. Liquidity Conditions
139. Which of the following is mentioned as a contributor to the liquidity easing, as per the passage?
a. Increased Corporate Investment
b. Reduced Market Participation
c. Balanced Liquidity Distribution
d. Increased Government Spending
Answer: d. Increased Government Spending
140. What is the central bank’s response to the liquidity deficit, as mentioned in the passage?
a. Reducing Interest Rates
b. Increasing Variable Rate Repo Amount
c. Implementing Quantitative Easing
d. Selling Government Bonds
Answer: b. Increasing Variable Rate Repo Amount
141. What is the term used in the passage to describe the recent monetary policy action of RBI?
a. Liquidity Easing
b. Repo Rate Hike
c. Interest Rate Cut
d. Inflation Targeting
Answer: a. Liquidity Easing
142. When does the Judge Advocate General (JAG) Department celebrate its 40th Corps Day?
A) December 1, 2023
B) December 15, 2023
C) December 21, 2023
D) December 31, 2023
Answer: C) December 21, 2023
143. What was the significant event in 1949 that laid the groundwork for the legal dispensation within the Indian Army?
A) Independence Day
B) Introduction of the Bill for the Army Act in Parliament
C) Formation of the JAG Department
D) Ratification of Military Law
Answer: B) Introduction of the Bill for the Army Act in Parliament
144. In military jurisprudence, what role does the JAG Department play?
A) Logistics
B) Medical Services
C) Legal and Judicial
D) Combat Operations
Answer: C) Legal and Judicial
145. Who does the Judge Advocate General serve as the legal advisor to?
A) President of India
B) Chief Justice of India
C) Chief of Army Staff
D) Minister of Defence
Answer: C) Chief of Army Staff
146. What areas of law does the JAG Department provide counsel on?
A) Civil and Criminal
B) Military, Martial, and International
C) Corporate and Tax
D) Family and Property
Answer: B) Military, Martial, and International
147. Which department does the JAG Department collaborate with to maintain discipline through military law?
A) Intelligence Department
B) Finance Department
C) Adjutant General
D) Medical Department
Answer: C) Adjutant General
148. What is the primary focus of the JAG Department in handling cases?
A) Civilian Disputes
B) Military-Related Disciplinary Cases and Litigation
C) Environmental Cases
D) Cybersecurity Cases
Answer: B) Military-Related Disciplinary Cases and Litigation
149. Which year did the JAG Department come into existence?
A) 1945
B) 1947
C) 1949
D) 1952
Answer: C) 1949
150. Who is the head of the JAG Department?
A) Chief Justice of India
B) Attorney General
C) Judge Advocate General
D) Minister of Defence
Answer: C) Judge Advocate General
