Q. What AI technology is being utilized in agriculture for crop monitoring?
A.
Drone technology
B.
Blockchain
C.
3D printing
D.
Virtual reality
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Solution
Drone technology equipped with AI is used for crop monitoring, providing real-time data on crop health.
Correct Answer:
A
— Drone technology
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Q. What breakthrough did DeepMind achieve with its AlphaFold program in 2021?
A.
Predicting protein structures
B.
Creating synthetic DNA
C.
Developing new vaccines
D.
Simulating human brain activity
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Solution
DeepMind's AlphaFold achieved a significant breakthrough in 2021 by accurately predicting protein structures, which is crucial for understanding biological processes.
Correct Answer:
A
— Predicting protein structures
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Q. What breakthrough did OpenAI announce in 2023 regarding its language models?
A.
Introduction of GPT-4 with multimodal capabilities
B.
Release of a new AI ethics framework
C.
Launch of a fully autonomous AI research assistant
D.
Development of AI that can predict stock market trends
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Solution
In 2023, OpenAI announced GPT-4, which includes multimodal capabilities, allowing it to process both text and images.
Correct Answer:
A
— Introduction of GPT-4 with multimodal capabilities
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Q. What breakthrough in mRNA vaccine technology was highlighted in 2023?
A.
mRNA vaccines can be used for cancer treatment
B.
mRNA vaccines can be stored at room temperature
C.
mRNA vaccines have been developed for HIV
D.
mRNA vaccines can be produced in 24 hours
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Solution
In 2023, researchers announced the development of mRNA vaccines for HIV, showcasing the versatility of mRNA technology beyond COVID-19.
Correct Answer:
C
— mRNA vaccines have been developed for HIV
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Q. What breakthrough was made in 2021 regarding the use of CRISPR technology in agriculture?
A.
Creation of drought-resistant crops
B.
Development of pest-resistant rice
C.
Engineering of high-yield corn
D.
All of the above
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Solution
In 2021, researchers reported breakthroughs using CRISPR technology to create drought-resistant crops, pest-resistant rice, and high-yield corn.
Correct Answer:
D
— All of the above
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Q. What does a balanced budget imply?
A.
Expenditures exceed revenues
B.
Revenues exceed expenditures
C.
Revenues equal expenditures
D.
No budget is prepared
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Solution
A balanced budget implies that the government's revenues are equal to its expenditures, indicating fiscal discipline.
Correct Answer:
C
— Revenues equal expenditures
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Q. What does a budget deficit indicate?
A.
Government spending exceeds revenue
B.
Government revenue exceeds spending
C.
Balanced budget
D.
Surplus budget
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Solution
A budget deficit occurs when government spending exceeds its revenue, indicating a shortfall.
Correct Answer:
A
— Government spending exceeds revenue
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Q. What does a decrease in the repo rate by the RBI typically indicate?
A.
Tighter monetary policy
B.
Easier monetary policy
C.
Increase in inflation
D.
Decrease in bank lending
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Solution
A decrease in the repo rate indicates an easier monetary policy, encouraging banks to borrow more and lend more.
Correct Answer:
B
— Easier monetary policy
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Q. What does GDP stand for in the context of the economy?
A.
Gross Domestic Product
B.
General Domestic Price
C.
Gross Development Plan
D.
General Development Product
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Solution
GDP stands for Gross Domestic Product, which measures the total economic output of a country.
Correct Answer:
A
— Gross Domestic Product
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Q. What does the Cash Reserve Ratio (CRR) refer to?
A.
The percentage of total deposits that banks must hold as reserves with the RBI
B.
The interest rate at which banks borrow from the RBI
C.
The amount of money banks can lend to customers
D.
The total capital banks must maintain
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Solution
CRR is the percentage of total deposits that banks must hold as reserves with the RBI.
Correct Answer:
A
— The percentage of total deposits that banks must hold as reserves with the RBI
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Q. What does the Non-Proliferation Treaty (NPT) aim to achieve?
A.
To eliminate all nuclear weapons
B.
To prevent the spread of nuclear weapons and promote disarmament
C.
To regulate international trade
D.
To establish a global currency
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Solution
The Non-Proliferation Treaty (NPT) aims to prevent the spread of nuclear weapons and promote disarmament.
Correct Answer:
B
— To prevent the spread of nuclear weapons and promote disarmament
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Q. What does the repo rate signify?
A.
Rate at which banks borrow from the RBI
B.
Rate at which banks lend to customers
C.
Rate of inflation
D.
Rate of economic growth
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Solution
The repo rate is the rate at which banks borrow money from the RBI, influencing the overall money supply.
Correct Answer:
A
— Rate at which banks borrow from the RBI
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Q. What does the term 'fiscal policy' refer to?
A.
Government spending and taxation decisions
B.
Central bank interest rate adjustments
C.
Regulation of financial markets
D.
Control of money supply
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Solution
Fiscal policy involves government spending and taxation decisions aimed at influencing the economy.
Correct Answer:
A
— Government spending and taxation decisions
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Q. What does the term 'interest rate' refer to in monetary policy?
A.
The cost of borrowing money
B.
The price of goods and services
C.
The value of currency
D.
The level of government debt
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Solution
Interest rate refers to the cost of borrowing money, which is influenced by monetary policy.
Correct Answer:
A
— The cost of borrowing money
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Q. What does the term 'liquidity' refer to in banking?
A.
The ability to convert assets into cash
B.
The amount of cash reserves held by a bank
C.
The interest rate on loans
D.
The total deposits in a bank
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Solution
Liquidity refers to the ability to convert assets into cash quickly without significant loss in value.
Correct Answer:
A
— The ability to convert assets into cash
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Q. What does the term 'monetary policy transmission' refer to?
A.
The process of changing interest rates
B.
The impact of monetary policy on the economy
C.
The regulation of foreign exchange rates
D.
The issuance of new currency
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Solution
Monetary policy transmission refers to the process through which changes in monetary policy affect the economy, particularly through interest rates and credit availability.
Correct Answer:
B
— The impact of monetary policy on the economy
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Q. What does the term 'Monetary Policy' refer to?
A.
Government spending policies
B.
Regulation of money supply and interest rates
C.
Taxation policies
D.
Trade policies
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Solution
Monetary Policy refers to the regulation of money supply and interest rates by the central bank to control inflation and stabilize the currency.
Correct Answer:
B
— Regulation of money supply and interest rates
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Q. What does the term 'monetary transmission mechanism' refer to?
A.
The process by which monetary policy decisions affect the economy
B.
The method of issuing currency
C.
The regulation of foreign exchange
D.
The collection of taxes
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Solution
The monetary transmission mechanism refers to the process through which changes in monetary policy affect the economy, particularly interest rates and investment.
Correct Answer:
A
— The process by which monetary policy decisions affect the economy
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Q. What financial instrument is often used to fund disaster recovery efforts?
A.
Bonds
B.
Stocks
C.
Derivatives
D.
Mutual funds
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Solution
Bonds are commonly used to fund disaster recovery efforts as they allow governments to raise capital for rebuilding and recovery projects.
Correct Answer:
A
— Bonds
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Q. What happens if a bill is rejected by the Rajya Sabha?
A.
It can be reintroduced in the next session
B.
It is permanently rejected
C.
It can be passed by Lok Sabha again
D.
It goes to the President for approval
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Solution
If a bill is rejected by the Rajya Sabha, it can be reintroduced in the next session of Parliament.
Correct Answer:
A
— It can be reintroduced in the next session
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Q. What happens when the central bank raises the reserve requirement?
A.
Banks can lend more money
B.
Money supply decreases
C.
Inflation increases
D.
Interest rates decrease
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Solution
Raising the reserve requirement means banks must hold more reserves, leading to a decrease in the money supply.
Correct Answer:
B
— Money supply decreases
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Q. What innovative application of CRISPR technology was used to create a 'living' antibiotic?
A.
CRISPR-based diagnostics
B.
CRISPR-enhanced probiotics
C.
CRISPR gene drives
D.
CRISPR-Cas9 gene editing
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Solution
CRISPR-enhanced probiotics were developed as a 'living' antibiotic, showcasing innovative applications of CRISPR technology.
Correct Answer:
B
— CRISPR-enhanced probiotics
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Q. What innovative approach did researchers use in 2022 to create lab-grown meat?
A.
3D bioprinting
B.
Cellular agriculture
C.
Gene editing
D.
Fermentation technology
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Solution
Researchers in 2022 advanced lab-grown meat production through cellular agriculture, which involves cultivating animal cells in a controlled environment.
Correct Answer:
B
— Cellular agriculture
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Q. What innovative approach was taken in 2023 to enhance vaccine delivery systems?
A.
Nanoparticle-based delivery
B.
Microneedle patches
C.
Inhalable vaccines
D.
All of the above
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Solution
In 2023, researchers explored various innovative approaches, including nanoparticle-based delivery, microneedle patches, and inhalable vaccines to enhance vaccine delivery systems.
Correct Answer:
D
— All of the above
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Q. What innovative feature did Amazon introduce in its Alexa devices in 2023?
A.
Multi-Room Audio
B.
Voice Recognition for Multiple Users
C.
Smart Home Integration
D.
Emotion Detection
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Solution
Amazon introduced emotion detection in Alexa devices, allowing them to respond differently based on the user's emotional tone.
Correct Answer:
D
— Emotion Detection
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Q. What innovative feature did the AI model from Cohere introduce in 2023 for text generation?
A.
Real-time collaboration
B.
Contextual understanding
C.
Emotion detection
D.
Interactive storytelling
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Solution
Cohere introduced an innovative feature in 2023 that allows for interactive storytelling, enhancing user engagement in text generation.
Correct Answer:
D
— Interactive storytelling
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Q. What innovative method was used in 2021 to create lab-grown meat?
A.
3D bioprinting
B.
CRISPR gene editing
C.
Cellular agriculture
D.
Synthetic biology
Show solution
Solution
In 2021, cellular agriculture was used to create lab-grown meat, allowing for the production of meat without raising animals.
Correct Answer:
C
— Cellular agriculture
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Q. What innovative technology did ISRO use in the launch of the SSLV (Small Satellite Launch Vehicle) in 2022?
A.
Reusable rocket technology
B.
Vertical landing technology
C.
Rapid launch capability
D.
Nuclear propulsion
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Solution
The SSLV was designed for rapid launch capability, allowing for quick deployment of small satellites.
Correct Answer:
C
— Rapid launch capability
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Q. What innovative technology was tested during the Gaganyaan mission preparations?
A.
Reusable rocket technology
B.
Cryogenic propulsion
C.
Crew escape system
D.
Satellite internet
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Solution
The crew escape system was tested to ensure astronaut safety during the launch of the Gaganyaan mission.
Correct Answer:
C
— Crew escape system
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Q. What is a common challenge faced by banks during disaster recovery?
A.
Increased loan demand
B.
Decreased interest rates
C.
High liquidity
D.
Stable asset prices
Show solution
Solution
A common challenge faced by banks during disaster recovery is the increased loan demand from businesses and individuals seeking to rebuild and recover.
Correct Answer:
A
— Increased loan demand
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