Prelims Power Play 21 April 2022

1. Noise pollution is regulated by which of the following?

1. Air (Prevention and Control of Pollution) Act, 1981.
2. Noise Pollution (Regulation and Control) Rules, 2000
3. Environment (Protection) Rules, 1986.

Select the correct answer using the code below

2. Consider the following pairs :

           dB                     Characteristic

1. Above 80 dB          Loud
2. Above 100 dB        Uncomfortable

Which of the above pairs are correct?

3. What is/are the purpose/purposes of the `Marginal Cost of Funds based Lending Rate (MCLR)’ announced by RBI?

1. These guidelines help improve the transparency in the methodology followed by banks for determining the interest rates on advances.
2. These guidelines help ensure availability of bank credit at interest rates which are fair to the borrowers as well as the banks.

Select the correct answer using the code given below.

4. Consider the following regarding digital banking units DBU.

1. All types of banks are allowed to open digital banking units
2. They will improve financial inclusion in rural areas.
3. Mandatory permission from the Reserve Bank of India (RBI) is required to set up each and every DBU.

Which of the above statements is/are correct?

5. Consider the following

1. Neo-banks are online-only banks.
2. Neo-banks offer only a large range of products and services as compared to a whole gamut of services that traditional banks offer.
3. Neo banks are yet to be recognised by RBI

Which of the above statements is/are correct?