1. As per the last meeting of Monetary Policy Committee (MPC), what is the CRR?
a. 4%
b. 3%
c. 2%
d. 8%
S-a
EXPLANATION-
• CRR stands for Cash Reserve Ratio.
• The percentage of cash required to be kept in reserves is called the Cash Reserve Ratio.
• The cash reserve is either stored in the bank’s vault or is sent to the RBI. Banks do not get any interest on the money that is with the RBI under the CRR requirements.
• As per the last meeting of Monetary Policy Committee (MPC), the central bank reduced the cash reserve ratio (CRR) to 3 per cent from 4 per cent.
2. As per the last meeting of Monetary Policy Committee (MPC), what is reverse repo rate?
a. 3.75%
b. 2.15%
c. 3.45%
d. 4.45%
S-a
EXPLANATION-
• Reverse repo rate is the rate at which the central bank of a country borrows money from commercial banks within the country.
• It is a monetary policy instrument which can be used to control the money supply in the country.
• The reverse repo rate now stands at 3.75 per cent from 4 per cent.
3. Where are the headquarters of the Indian Council of Medical Research (ICMR) situated?
a. New Delhi
b. Mumbai
c. Gurugram
d. Pune
S-a
EXPLANATION-
• The Indian Council of Medical Research (ICMR), the apex body in India for the formulation, coordination and promotion of biomedical research, is one of the oldest and largest medical research bodies in the world.
• The ICMR is funded by the Government of India through the Department of Health Research, Ministry of Health and Family Welfare.
• ICMR HQ-New Delhi
• ICMR Secretary and Director General-Dr. Balram Bhargava
4. In how many languages is the Aarogya Setu app available?
a. 10
b. 9
c. 11
d. 12
S-c
EXPLANATION-
• Aarogya Setu, a mobile app developed by the ministry of electronics and IT to help citizens identify their risk of contracting Covid-19 (coronavirus), has notched up more than 10 million downloads since its launch five days ago.
• The app is there on both Google Play (for Android phones) and Apple App Store (for ioS). It is available in 11 languages - 10 Indian languages and English.
5. Which of the following is incorrect for Aarogya Setu app?
a. The data is shared with the government and private agencies.
b. It is designed to keep a user informed in case s/he has crossed paths with someone who has tested positive.
c. The tracking is done through a Bluetooth & location-generated social graph, which can show your interaction with anyone who has tested positive.
d. It is a mobile app developed by the ministry of electronics and IT to help citizens identify their risk of contracting Covid-19 (coronavirus).
S-a
EXPLANATION-
• Aarogya Setu, a mobile app developed by the ministry of electronics and IT to help citizens identify their risk of contracting Covid-19 (coronavirus), has notched up more than 10 million downloads since its launch five days ago.
• The app is there on both Google Play (for Android phones) and Apple App Store (for ioS). It is available in 11 languages - 10 Indian languages and English.
• Aarogya Setu is designed to keep a user informed in case s/he has crossed paths with someone who has tested positive. The tracking is done through a Bluetooth & location-generated social graph, which can show your interaction with anyone who has tested positive.
• After installing the app, you have to switch on Bluetooth (you are recommended to keep it on at all times) and Location. Then, set 'location sharing' to 'Always' (you can change this anytime later).
• It has a tool for self-testing. The user is asked to answer a number of questions. In case some of the answers suggest Covid symptoms, the information will be sent to a government server. The data will then help the government take timely steps and initiate the isolation procedure, if necessary. You will be alerted if someone you came in close proximity with, unknowingly, tests positive. The app alerts are accompanied by instructions on how to self-isolate and what to do in case you develop symptoms.
• The data is shared only with the government. The app doesn't allow your name and number to be publicly disclosed.
