51. Prompt Corrective Action (PCA) framework, which was seen in the news, is associated with which institution?
(A) RBI
(B) SEBI
(C) NITI Aayog
(D) Election Commission of India
Answer:
Explanation:
The Reserve Bank of India (RBI) implements the PCA framework to monitor and regulate banks with weak financial metrics.
52. In which State is Dr. A.P.J Abdul Kalam island located?
(A) Gujarat
(B) Kerala
(C) Tamil Nadu
(D) Odisha
Answer:
Explanation:
Formerly known as Wheeler Island, it is located off the coast of Odisha and serves as India’s premier missile testing facility.
53. The PM-SHRI scheme is related to which of the following?
(A) Street vendors
(B) Smart cities
(C) Schools
(D) Start ups
Answer:
Explanation:
PM-SHRI (PM Schools for Rising India) is a centrally sponsored scheme meant to upgrade and develop thousands of schools across the country.
54. In which part of India, the Khelo India Winter Games are being held?
(A) Himachal Pradesh
(B) Uttarakhand
(C) Jammu and Kashmir
(D) Sikkim
Answer:
Explanation:
The Khelo India Winter Games are predominantly held in Gulmarg, located in the Union Territory of Jammu and Kashmir.
55. The European Free Trade Association (EFTA) bloc of countries comprises Iceland, Norway Switzerland and which other country?
(A) Slovenia
(B) Luxemburg
(C) Finland
(D) Liechtenstein
Answer:
Explanation:
EFTA is a regional trade organization consisting of four European states: Iceland, Liechtenstein, Norway, and Switzerland.
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