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3. Consider the following statements about Khadi and Village Industries Commission (KVIC).
1. It is a statutory organisation.
2. It is under the administrative control of the Ministry of Commerce and Industry.
3. It is the nodal agency for implementing the Prime Minister’s Employment Generation Programme (PMEGP).
How many of the above statements is/are correct?
How many of the above statements is/are correct?
Anonymous Quiz
16%
A. Only one
63%
B. Only two
18%
C. All the three
4%
D. None of the above
Answer: B
Soln:
Khadi and Village Industries Commission (KVIC):
● KVIC is a statutory organization under the administrative control of the Ministry of MSME. Hence, statement 1 is correct and statement 2 is incorrect.
● Prime Minister’s Employment Generation Programme (PMEGP) is a central sector scheme administered by the Ministry of Micro, Small and Medium Enterprises (MSME) since 2008-09.
● It is a major credit-linked subsidy programme aimed at assisting first generation entrepreneurs for setting up micro enterprises in the non-farm sector.
● At the national level, the Scheme is being implemented by Khadi and Village Industries Commission (KVIC) as the single nodal agency. Hence, statement 3 is correct.
● Under the scheme, loans are being provided by all Public Sector Banks, selected Private Sector Banks and Co-operative Banks with margin money subsidy (refers to the amount that the government contributes to beneficiaries availing PMEGP loan) being given by the Ministry of MSME through KVIC.
5.  Consider the following statements about Mission Vatsalya
1. It aims to deliver health services for the senior citizens of the country.
2. It is a central sector scheme.
3. The scheme was brought out by the Ministry of Health and Family Welfare.
Which of the statements given above is/are correct?
Anonymous Quiz
13%
A. 1 and 2 only
23%
B. 2 and 3 only
39%
C. 1, 2 and 3
25%
D. None
Answer: D
Explanation
● The Juvenile Justice (Care and Protection of Children) Act, 2015 (JJ Act) is the primary law for care and protection of children in the country.
● As per the JJ Act, a child who does not have parents and no one is willing to take care of and protect or who is abandoned or surrendered is included as a “child in need of care and protection.”
● The Act provides a security net of service delivery structures including measures for institutional and non-institutional care to ensure comprehensive well-being of children in distress situations.
About the Mission Vatsalya scheme
● Mission Vatsalya scheme is a Centrally Sponsored Scheme (CSS) which is implemented through States/Union Territories (UTs) to deliver services for Children in Need of Care and Protection (CNCP) and Children in Conflict with Law (CCL) which include Institutional Care and Non-Institutional Care. Hence, statements 1 and 2 are incorrect
● The fund sharing pattern is in the ratio of 60:40 for all States and UTs with legislature except the North-Eastern States and Hilly States - Himachal Pradesh and Uttarakhand and UT of Jammu & Kashmir, where the cost of sharing is 90:10. In Union Territory without a legislature, the cost is 100 % on the Central Government.
● It is a scheme brought out by the Ministry of Women and Child Development. Hence, statement 3 is incorrect.
● Under the scheme, Institutional Care is provided through Child Care Institutes (CCIs), as a rehabilitative measure.
● The programmes and activities in Homes inter-alia include age-appropriate education, access to vocational training, recreation, health care, counseling etc.
● Under the Non-Institutional Care component, support is extended for Adoption, Foster Care, After Care and Sponsorship.
● Further Mission Vatsalya also provides for “After care” services after the age of 18 years to help sustain them during the transition from institutional to independent life.
● The primary responsibility of execution of the Act and implementation of Scheme lies with the States/UTs.
1.  Consider the following statements about the Namdapha National Park.
1. It is located in the state of Arunachal Pradesh.
2. It is a part of Dibang Dihang Biosphere reserve.
3. It is also recognised as a Tiger reserve.
How many of the above statements is/are correct?
Anonymous Quiz
6%
A. Only one
50%
B. Only two
42%
C. All three
2%
D. None
Answer: B
Soln:
Namdapha National Park:

● Namdapha, a National Park and Tiger Reserve, a true wilderness and enchanting beauty of lush green vegetation, impenetrable pristine and virgin forests.
● It covers an area of 1985.23 square kilometres having diverse flora and fauna lies in the international border between India and Myanmar (Burma) within Changlang District in the state of Arunachal Pradesh in the northeast India. Hence, statement 1 is correct.
● Namdapha is not a part of Dihang Dibang Biosphere reserve. Hence, statement is incorrect.
Dihang Dibang Biosphere Reserve constitutes an area of 5112 Sq. Km in the districts of West Siang, Upper Siang and Dibang valley of Arunachal Pradesh. This Biosphere Reserve forms a part of one of the world’s “Biodiversity Hotspots”.
● Namdapha National Park is located a few kilometers away from Miao amidst misty blue hills along the turbulent Noa-Dihing river lies in the sprawling tropical rainforest.
● It was declared a Tiger Reserve by the Government in 1983.  Hence, statement 3 is correct.
2. Consider the following statements about Raisina Dialogue.
1. It is India’s flagship conference on ethical use of Artificial Intelligence.
2. It is held once every two years.
3. The conference is hosted by NITI Aayog.
How many of the statements given above is/are correct?
Anonymous Quiz
19%
A. Only one
39%
B. Only two
14%
C. All three
28%
D. None
Answer: D
Soln:
Statements 1 & 2 are incorrect: The Raisina Dialogue is India’s flagship conference on geopolitics and geoeconomics, held annually since 2016.
Statement 3 is incorrect: The conference is hosted by the Observer Research Foundation (ORF) in collaboration with the Ministry of External Affairs.
ORF is an independent global think tank based in Delhi.
● It is a multilateral conference committed to addressing the most challenging issues facing the global community. 
● Every year, global leaders in policy, business, media and civil society are hosted in New Delhi to discuss cooperation on a wide range of pertinent international policy matters.
● The Dialogue is structured as a multi-stakeholder, cross-sectoral discussion, involving heads of state, cabinet ministers and local government officials, as well as major private sector executives, members of the media and academics.
● The Raisina Dialogue has grown in stature and profile to emerge as a leading global conference on international affairs. It attracts leading minds from the global strategic and policy-making community to discuss broader foreign policy and strategic issues facing the world.
5. Consider the following statements.
1. Merchant Discount Rate (MDR) is a fee charged by banks from merchants for facilitating their transactions.
2. The real burden of the MDR is borne by the customers.
Which of the above statements is/are correct?
Anonymous Quiz
21%
A. 1 only
12%
B. 2 only
63%
C. Both 1 and 2
4%
D. Neither 1 nor 2
Answer: C
Soln:
Scheme for promotion of low-value BHIM-UPI transactions:
● The Union Cabinet has approved the ‘Incentive Scheme for promotion of low-value BHIM-UPI transactions Person to Merchant (P2M)’ to encourage digital payments among small merchants.
● The scheme ensures zero Merchant Discount Rate (MDR) on UPI transactions and offers a 0.15% incentive for transactions up to ₹2,000 made to small merchants.
○ MDR is a fee charged by banks and other payment processing gateways from merchants in lieu of facilitating their transactions. Hence, statement 1 is correct.
○ The MDR typically comes in the form of a percentage of the transaction amount.
Rationale of the Scheme:
● Whenever there is significant MDR on payment transactions such as credit cards, many merchants typicallypass on this charge to consumers by charging them extra. Hence, statement 2 is correct.
● However, this new incentive scheme will encourage banks and PSPs (payment service providers) to not charge MDR for small-ticket UPI transactions and expand UPI infrastructure.
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2. Consider the following statements about the Food Safety and Standards Authority of India (FSSAI)
1) It is an autonomous statutory body established under the Food Safety and Standards Act, 2006.
2) It is under the administrative control of the Ministry of Food Processing and Industries.
Which of the statements given above is/are correct?
Anonymous Quiz
43%
A) 1 only
15%
B) 2 only
41%
C) Both 1 and 2
1%
D) Neither 1 nor 2
Answer: A
Soln:
Statement 1 is correct: The Food Safety and Standards Authority of India (FSSAI) is an autonomous statutory body established under the Food Safety and Standards Act, 2006.
Statement 2 is incorrect: The Ministry of Health & Family Welfare is the administrative Ministry of FSSAI.
● FSSAI is responsible for protecting and promoting public health through the regulation and supervision of food safety.
3. The Financial Action Task Force (FATF) was established by which of the following organizations?