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June Quiz
Question 1/5
Q1. Which one of the following best describes the term "Merchant Discount Rate", sometimes seen in news?
A
A fee charged by banks to pay for costs of maintaining the merchant's account.
B
The rate of interest which a bank charges on its loans and advances to merchants.
C
A fee that a merchant is charged by their issuing bank for accepting payments from their customers via credit and debit cards.
D
A discount given to a customer for using credit card at the point of sale (PoS) terminal.
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Question 2/5
Q2. Skill Council for Green Jobs is one of the most recently launched initiatives of the Government of India. It is promoted by the Ministry of New and Renewable Energy (MNRE) and
A
Associated Chambers of Commerce and Industry of India (ASSOCHAM)
B
Confederation of Indian Industry (CII)
C
Federation of Indian Chambers of Commerce & Industry (FICCI)
D
National Skill Development Corporation
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Question 3/5
Q3. With reference to the ‘Pradhan Mantri Poshan Shakti Nirman (PM POSHAN)’, consider the following statements:
It is a Centrally Sponsored Scheme for providing one hot cooked meal in Government and Government – aided schools.
It is being implemented by the Ministry of Women and Child Development.
Which of the statements given above is/are correct?
A
1 only
B
2 only
C
Both 1 and 2
D
Neither 1 nor 2
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Question 4/5
Q4. With reference to the Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS), consider the following statements:
It is an international legal agreement between all the member nations of the World Trade Organization (WTO).
It introduced intellectual property law into the multilateral trading system for the first time.
It is not a binding agreement on its members.
Which of the statements given above are correct?
A
1 and 2 only
B
1 and 3 only
C
2 and 3 only
D
1, 2 and 3
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Question 5/5
Q5. The term 'Uniform Civil Code' mentioned in Directive Principles of State Policy of the Indian Constitution refers that:
A
All citizens will be under the same laws irrespective of their political authority and status.
B
All citizens will be under the same laws irrespective of their religion.
C
All citizens will be under the same laws irrespective of their caste and gender.
D
All of the above
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