Daily Quiz May 3

Gurukulprep

Quiz

 

1. Which platform recently became the world's largest real-time payments system, handling nearly half of global instant payment transactions?
   1.   RuPay
   2.   Unified Payments Interface (UPI)
   3.   NEFT
   4.   SWIFT
2. What new technology is the Election Commission of India implementing to enhance security at counting centres during elections?
   1.   Biometric ID cards
   2.   QR code-based Photo Identity Cards
   3.   Facial recognition software
   4.   Electronic voting machines
3. What is the primary purpose of the nationwide mobile-based disaster alert system launched by Amit Shah and Jyotiraditya Scindia?
   1.   Weather forecasting
   2.   Police communication
   3.   Dissemination of emergency alerts to citizens
   4.   Internet connectivity
4. Which country recently signed a Free Trade Agreement (FTA) with India focusing on Ayush and wellness systems?
   1.   Australia
   2.   United Kingdom
   3.   New Zealand
   4.   Canada
5. Which Indian government initiative recently approved 58 companies for building domestic recycling capacity for critical minerals?
   1.   Make in India
   2.   National Critical Mineral Mission
   3.   Atal Innovation Mission
   4.   Swachh Bharat Mission
6. Which financial institution recently reported recovering nearly 70% of its total recoveries in FY26, highlighting progress in resolving stressed assets?
   1.   RBI
   2.   SEBI
   3.   National Asset Reconstruction Company Limited (NARCL)
   4.   SBI
7. Which Indian state will benefit from ₹1,698 crore worth of new rural road projects under the PMGSY-IV scheme launched on May 1, 2026?
   1.   Madhya Pradesh
   2.   Odisha
   3.   Bihar
   4.   Gujarat
8. Which major Indian payment bank launched a zero-balance savings account for Self Help Groups (SHGs) to promote rural women’s financial inclusion?
   1.   State Bank of India
   2.   HDFC Bank
   3.   India Post Payments Bank
   4.   ICICI Bank
9. What was the main focus of the recent high-level discussions between the Indian Coast Guard and Fincantieri of Italy?
   1.   Export of agricultural goods
   2.   Collaboration in shipbuilding and maritime technologies
   3.   Space exploration
   4.   Tourism promotion
10. Which international financial body recognized UPI as the world's largest real-time payment system by volume?
    1.   World Bank
    2.   International Monetary Fund (IMF)
    3.   Asian Development Bank
    4.   European Central Bank