01 Feb, 2024

1. Which of the following wetlands is NOT added to the Global List of Wetlands of International Importance under the Ramsar Convention?

2. Recently Jharkhand CM was arrested by the officials of the Enforcement Directorate (ED) in the land scam case. In this context consider the following statements about ED:

  1. The Directorate of Enforcement (ED) is responsible for fighting economic crimes in India.
  2. It mainly focuses on investigating and prosecuting cases related to money laundering but not the cases related to foreign exchange.
  3. The headquarters of ED is located in Mumbai.

How many of the statements given above are correct?

3. With reference to the National Credit Framework (NCrF), consider the following statements:

  1. The NCrF is a set of guidelines to be followed by schools, colleges and universities in adopting the credit system.
  2. It was introduced by the Union Ministry of Education (MoE) in 2022.
  3. It facilitates re-entry into the education system for students who have dropped out.

Which of the statements given above is/are correct?

4. Which of the following statements is correct regarding the ‘blue economy’, recently heard in the news?

5. In a recent move, RBI has put restrictions on Paytm Payments Bank. In this context, consider the following statements regarding payment banks:

  1. Payment banks function similarly to traditional banks but on a smaller scale and without engaging in credit risk.
  2. A committee headed by Dr. Raghuram Rajan recommended setting up of 'Payments Bank' to cater to the lower income groups and small businesses.
  3. Payment banks can issue loans as well as credit cards similar to traditional banking.

Which of the statements given above is/are correct?