QUESTION 1 OF 13
The Pradhan Mantri Jan Dhan Yojana primarily aims at:
Explanation: The Pradhan Mantri Jan Dhan Yojana primarily aims at financial inclusion by providing bank accounts for all.
QUESTION 2 OF 13
The Pradhan Mantri Jan Dhan Yojana, a financial inclusion scheme, was launched in which year?
Explanation: The Pradhan Mantri Jan Dhan Yojana, a financial inclusion scheme, was launched in 2014.
QUESTION 3 OF 13
The Aadhaar system, India's biometric identification program, primarily aims to:
Explanation: The Aadhaar system aims to provide a unique identity number to residents for service delivery.
QUESTION 4 OF 13
The Direct Benefit Transfer (DBT) scheme in India aims to transfer government subsidies directly to:
Explanation: The Direct Benefit Transfer (DBT) scheme aims to transfer government subsidies directly to beneficiaries' bank accounts.
QUESTION 5 OF 13
The Unified Payments Interface (UPI), a real-time digital payment system, was launched in India in which year?
Explanation: The Unified Payments Interface (UPI), a real-time digital payment system, was launched in India in 2016.
QUESTION 6 OF 13
The term "Cashless Economy" or "Digital Economy" gained significant policy emphasis in India following the:
Explanation: The push for a Cashless/Digital Economy gained significant policy emphasis following the 2016 demonetisation event.
QUESTION 7 OF 13
The Jan Dhan-Aadhaar-Mobile (JAM) trinity in India refers to the integration of bank accounts, unique identity, and:
Explanation: The JAM trinity refers to the integration of Jan Dhan bank accounts, Aadhaar identity, and Mobile phone connectivity for direct benefit transfers.
QUESTION 8 OF 13
The term "Microfinance" refers to financial services provided to:
Explanation: Microfinance refers to financial services provided to low-income individuals typically excluded from traditional banking.
QUESTION 9 OF 13
Self-Help Groups (SHGs), important in India's microfinance ecosystem, are typically composed of:
Explanation: Self-Help Groups (SHGs) are typically small groups of individuals, often women, pooling savings and credit.
QUESTION 10 OF 13
The term "National Pension System" (NPS) in India is a voluntary, defined-contribution retirement savings scheme regulated by:
Explanation: The National Pension System (NPS) is a voluntary, defined-contribution retirement scheme regulated by the PFRDA.
QUESTION 11 OF 13
The Insurance Regulatory and Development Authority of India (IRDAI) is responsible for regulating:
Explanation: The Insurance Regulatory and Development Authority of India (IRDAI) is responsible for regulating the insurance industry.
QUESTION 12 OF 13
The Employees' Provident Fund Organisation (EPFO) manages retirement savings primarily for:
Explanation: The Employees' Provident Fund Organisation (EPFO) manages retirement savings primarily for organized sector salaried employees.
QUESTION 13 OF 13
The term "Corporate Social Responsibility" (CSR), mandated for certain companies under Indian law, requires spending a minimum percentage of average net profit, typically:
Explanation: Corporate Social Responsibility (CSR) rules mandate certain companies to spend a minimum of typically 2% of average net profit.
More Indian Economy topics
Planning & Five-Year Plans6 QBanking & Monetary Policy14 QBudget, Taxation & Fiscal Policy29 QNational Income & Economic Indicators18 QExternal Sector & Trade24 QFinancial Markets & Institutions21 QAgriculture & Rural Economy11 QIndustry, Startups & Reforms11 QFinancial Inclusion & Social Sector13 QEmployment, Poverty & Inequality10 Q