I. Which of the following statements is/are correct?
1. Tokenisation refers to the conversion of an alternate code (Token) into debit/credit card details.
2. Detokenisation refers to replacement of actual card details with an alternate code which is unique for a combination of card, token requestor and device.
(a) 1only (b) 2 only (c) 1 and 2 (d) None
II. Which of the following is/are correct about Decentralised Finance (DeFi) ?
1. It is a financial technology that challenges the current centralized banking system.
2. It promotes peer to peer or P2P transactions.
3. It is designed to use cryptocurrency in its ecosystem.
4. It is regulated by RBI?
(a) 2, 3, 4 (b) 1, 2, 3 (c) 2 and 4 (d) 1, 2, 3, 4
III. Which of the following is/are priorities according to “Saptarishi – 7 priorities”?
1. Inclusive development.
2. Reaching the last mile.
3. Youth power.
4. Green growth.
5. Financial sector.
6. Unleashing the potential.
7. Infrastructure and investment.
(a) 1, 2, 3, 6, 7 (b) 1, 2, 4, 5, 6, 7
(c) 1, 2, 3, 4, 6, 7 (d) 1, 2, 3, 4, 5, 6, 7
IV. PM – PRANAM scheme proposed in the Budget 2023-2024 relates to –
(a) Tourism (b) Fertilisers
(c) Religious tourism (d) Animal Husbandry
V. MISHTI scheme relates to
(a) Better remuneration for sugar farmers. (b) Sugar industry.
(c) Mangroves. (d) None of these.
ANSWERS
I. d
II. b
III. d
IV. b
V. c
