Quiz August 4, 2026

With reference to the Banks Board Bureau (BBB), consider the following statements: 

1.     It was set up after the recommendation of the Nayak Committee.

2.     RBI takes the final decision on the appointments in consultation with the Prime Minister’s Office.

3.     The Banks Board Bureau is a multi-member body. 

Which of the statements given above is/are correct? 

Consider the following statements regarding Salt Industry in India:

1.     Salt is under the State List of the 7th schedule.

2.     India ranks first in the production of salt in the world.

3.     Salt is produced through a solar-evaporation process of seawater

Which of the statements given above is/are correct?

With reference to the Cooperative Banks, consider the following statements: 

1.     Co-operative bank members are both customers and owners of the bank.

2.     They are governed under the Banking Regulations Act, of 1949.

3.     Members of cooperative Banks usually have equal voting rights. 

Which of the statements given above is/are correct?  

In the context of Government-e-Marketplace, consider the following statements (GeM): 

1. It is a one-stop portal to facilitate online procurement of common-summon use Goods and Services.
2. Private buyers can buy on the platform but private people cannot sell products to government bodies through the portal.

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

With reference to the PM-Kisan scheme, consider the following statements: 

1. It is a central sector scheme with 100 per cent funding from the Government of India.
2. Under the scheme, income support of ₹6,000 per year is provided to small and marginal farmers. 
3. The Scheme provided only income support to Marginal Farmers’ families across the country, holding cultivable land up to 2 hectares. 

Which of the statements given above is/are correct?