Daily Quiz 12-08-23

Q5. Which of the following will be the impacts of 10% Incremental Cash Reserve Ratio to be maintained by Banks as mandated by the RBI?

1. Excess liquidity in the system will be sucked

2. Lower demand of goods

3. Prices will go down

4. Lowering of short-term interest rate

Select the correct code.

Q4. Consider the following statements about the Assam Rifles.

1. AR is under administrative control and operational control of the Ministry of Home Affairs (MHA).

2. It is primarily deployed along the Myanmar border with presence in the interiors of Manipur.

Which of the above statements is/are correct?

Q3. Consider the following statements about the Quality Control Orders issued by the government.

1. Once QCOs are issued, the item can be produced after obtaining permit from the BIS.

2. Both domestic producers and importers have to obtain BIS licence if they intend to sell in the country.

Which of the above statements is/are correct?

Q2. Consider the following statements about the new criminal laws introduced in Parliament.

1. Terrorism has for the first time been defined as a separate offence in the Bharatiya Nyaya Sanhita (BNS) Bill, 2023, the other special law that deals with terrorist acts — the Unlawful Activities Prevention Act (UAPA) has been modified to deal with lesser crimes of internal unrest.

2. For the first time, community service has been prescribed for petty offences.

Which of the above statements is/are correct?

Q1. Which Indian state apart from Maharashtra is also a leading onion producer?

A. MP

B. Telangana

C. Karnataka

D. Gujarat