21st May, 2022
2
Created on By webmaster

21st May, 2022

1 / 5

Which of the following statement(s) is/are correct about the ‘World Bee Day’?

1. It is celebrated each year on 20th May to recognise the essential role of beekeeping industry worldwide.

2. The day is celebrated after the proposal of Bangladesh was accepted for the same.

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2 / 5

Which of the following statement(s) is/are incorrect about the ‘GST Council’?

1. It is a statutory body formed for making recommendations to the Union and State Government on issues related to Goods and Services Tax.

2. It is constituted by the Union Finance Minister who is also the Chairperson of the Council.

3. All the decisions in GST Council are taken by a majority of not less than one-half of weighted votes casted.

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3 / 5

Which of the following statement(s) is/are correct about the ‘Unified Payments Interface’?

1. It is a system that powers multiple bank accounts into a single mobile application.

2. It also provides ‘peer to peer’ collect request which can be scheduled and paid as per requirement and convenience.

3. Currently, all the banks in India have been onboarded on the UPI platform.

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4 / 5

Which of the following statement(s) is/are correct about the ‘National Payments Corporation of India Limited’?

1. NPCI is an umbrella organisation for operating retail payments and settlement systems in India.

2. It is an initiative of the Reserve Bank of India and Indian Banks’ Association.

3. It has been incorporated as a ‘Not for Profit’ company under the provisions of Section 25 of the Companies Act.

4. BHIM App is developed by the NPCI itself.

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5 / 5

Which of the following statement(s) is/are correct about ‘National Beekeeping and Honey Mission’?

1. The mission was launched in the year 2020 as part of the Aatmanirbhar Bharat package.

2. It aims for overall promotion and development of scientific beekeeping in the country to achieve the goal of ‘sweet revolution’.

3. The scheme is being implemented by National Agricultural Cooperative Marketing Federation of India (NAFED).

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