Post Views: 40
1. Vivad Se Vishwas scheme is associated with which sector?
[A] Education
[B] Transports
[C] Taxation
[D] Defence
Correct Answer: C [Taxation]
Notes:
The Central Board of Direct Taxes (CBDT) has pushed back the deadline for the Vivad Se Vishwas scheme to January 31, 2025, instead of December 31, 2024. This scheme was introduced in the Union Budget for 2023-24. It is based on the 2019 Sabka Vishwas Scheme, which dealt with indirect taxes. The Vivad Se Vishwas scheme helps settle disputes related to taxes, interest, and penalties. It also offers protection from prosecution under the Income-tax Act for issues covered in the declaration.
2. Which ministry has set ambitious goals for the Pradhan Mantri Awas Yojana-Gramin (PMAY-G) in 2024-25?
[A] Ministry of Rural Development
[B] Ministry of Current Affairs
[C] Ministry of Ministry of Finance
[D] Ministry of Corporate Affairs
Correct Answer: A [Ministry of Rural Development]
Notes:
The Ministry of Rural Development in India has established significant objectives for the Pradhan Mantri Awas Yojana-Gramin (PMAY-G) for the fiscal year 2024-25. This initiative is integral to a comprehensive approach aimed at reducing poverty in rural regions. To facilitate the prompt execution of housing programs, the ministry intends to set monthly benchmarks. In a recent announcement, the Ministry of Rural Development has reaffirmed its objective of approving the construction of 10 lakh houses in January 2025. As part of this initiative, the ministry plans to disburse the initial installment to the beneficiaries. The establishment of monthly targets is expected to facilitate the effective execution of the housing scheme. For the financial year 2024-25, a substantial budget of Rs 54,500 crore has been earmarked to support this endeavor.
3. Which initiative has remarked a significant advancement in India’s research and education landscape?
[A] One Library One Subscription
[B] One Nation One Library
[C] One Nation One Subscription
[D] One Click One Subscription
Correct Answer: C [One Nation One Subscription]
Notes:
One Nation One Subscription (ONOS), which commenced on January 1, 2025, offers Indian students, educators, and researchers the opportunity to access more than 13,000 international academic journals spanning a wide range of disciplines. The One Nation One Subscription (ONOS) initiative marks a significant advancement in India’s research and education landscape. This scheme aims to provide comprehensive access to international scholarly journals and articles for students, faculty, researchers, and scientists across the nation’s government higher education institutions (HEIs) and central government research and development (R&D) centres.
4. Which of the following has introduced guidelines for lenders regarding their involvement in the Government Debt Relief Scheme (DRS)?
[A] Reserve Bank of India
[B] Ministry of Finance
[C] State Bank of India
[D] Ministry of Corporate Affairs
Correct Answer: A [Reserve Bank of India]
Notes:
The Reserve Bank of India (RBI) has established a set of guidelines for financial institutions concerning their participation in the Government Debt Relief Scheme (DRS). This program is designed to support borrowers, with a particular focus on farmers, during emergencies such as natural calamities. In anticipation of elections, state governments have unveiled several DRS initiatives aimed at providing relief. The guidelines issued by the RBI encompass a model operating procedure (MOP) to facilitate efficient execution and maintain financial discipline.
5. Uttarakhand’s which scheme has aims to attract tourists during the off-season winter months recently?
[A] Winter Pravasi
[B] Winter Char Dham
[C] Winter Tour
[D] None of the above
Correct Answer: B [Winter Char Dham]
Notes:
The government of Uttarakhand officially launched the winter Char Dham circuit on December 8, 2024. This initiative is designed to draw tourists to the region during the off-season winter months. The Char Dham cncludes four sacred Hindu temples: Gangotri, Yamunotri, Kedarnath, and Badrinath. Historically, these locations are subject to significant snowfall, rendering them unreachable from late November until early May. Nevertheless, the winter Char Dham initiative aims to enhance tourism in the area, enabling devotees to access the winter residences of these deities.
