Central Banks and National Film Awards
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Questions and Answers

What is the theme of the Paris 2024 Olympic Games?

  • Let’s Move and Celebrate (correct)
  • Embrace Global Cooperation
  • Unity in Diversity
  • Celebrate Sportsmanship
  • How many athletes are expected to participate in the Paris 2024 Olympics?

  • 10,500 (correct)
  • 5,000
  • 20,000
  • 15,000
  • Which of the following sports is NOT included in the Paris 2024 Olympic Games?

  • Football
  • Handball
  • Rugby
  • Cricket (correct)
  • In which year did Paris previously host the Summer Olympics before 2024?

    <p>1900</p> Signup and view all the answers

    What significant anniversary does the Paris 2024 Olympics commemorate?

    <p>100 years since the last Paris Olympics</p> Signup and view all the answers

    Which central bank holds the 12th position globally as of March 31, 2024?

    <p>Reserve Bank of India</p> Signup and view all the answers

    What contributed to the 11.08% growth of the RBI's balance sheet year-on-year?

    <p>Liquidity management and forex activities</p> Signup and view all the answers

    What is a significant characteristic of the top ten central banks as of 2024?

    <p>Seven are based in Europe</p> Signup and view all the answers

    Which of the following is NOT a challenge mentioned for financial systems?

    <p>Strong regulatory frameworks</p> Signup and view all the answers

    What does the absence of African central banks in the top 10 list primarily indicate?

    <p>Economic disparities and challenges in Africa</p> Signup and view all the answers

    Which central bank is at the top of the list for North America?

    <p>Federal Reserve System of the USA</p> Signup and view all the answers

    What position do China's and Japan's central banks occupy in the global economic landscape?

    <p>2nd and 3rd</p> Signup and view all the answers

    What is crucial for maintaining financial stability during economic turbulence?

    <p>Robust asset bases of central banks</p> Signup and view all the answers

    Which statement best reflects the balance of economic power among global central banks?

    <p>It highlights the rising influence of emerging economies, particularly in Asia.</p> Signup and view all the answers

    How do European central banks contribute to the economic landscape?

    <p>By demonstrating collective economic strength and stability</p> Signup and view all the answers

    What role do substantial asset bases play in central banks?

    <p>They support the implementation of effective monetary policies.</p> Signup and view all the answers

    Which country is highlighted for its economic dominance through its central bank?

    <p>USA</p> Signup and view all the answers

    Which of the following is NOT one of the factors contributing to economic stability?

    <p>Global financial crises</p> Signup and view all the answers

    What significant historic event occurred in India in 1947?

    <p>India achieved independence from British colonial rule</p> Signup and view all the answers

    What initiative has the West Bengal government partnered with UNICEF on?

    <p>To encourage fathers to support breastfeeding</p> Signup and view all the answers

    What is the duration of the 'Har Ghar Tiranga' campaign?

    <p>From August 9 to August 15</p> Signup and view all the answers

    Which projects have been initiated under the Namami Gange Mission 2.0?

    <p>Four major projects for river preservation</p> Signup and view all the answers

    What is the focus of the Gati Shakti Vishwavidyalaya's first executive training program?

    <p>Aviation sector training</p> Signup and view all the answers

    What change has the government made concerning long-term capital gains tax?

    <p>Removed indexation benefits for long-term capital gains</p> Signup and view all the answers

    What is Kavach 4.0?

    <p>An anti-collision system for railway locomotives</p> Signup and view all the answers

    How many locomotives does the Union Ministry of Railways plan to install the Kavach 4.0 system in?

    <p>20,000 locomotives</p> Signup and view all the answers

    Which country is Nepal planning to export electricity to?

    <p>India</p> Signup and view all the answers

    Which organization has declared Mpox as a public health emergency?

    <p>World Health Organization</p> Signup and view all the answers

    What initiative has Indian Railways partnered with NCRTC for?

    <p>One India-One Ticket</p> Signup and view all the answers

    What is the primary goal of the National Handloom Development Programme?

    <p>Revitalize the handloom sector and support workers</p> Signup and view all the answers

    Who announced the restoration of the Diamond Imprest Licence?

    <p>Commerce and Industry Minister Piyush Goyal</p> Signup and view all the answers

    What does the ToT agreement signed by SAMEER involve?

    <p>Transfer of Technology</p> Signup and view all the answers

    In which city was the centenary commemorative coin of Dr.Kalaignar M. Karunanidhi released?

    <p>Chennai</p> Signup and view all the answers

    When did Prime Minister Narendra Modi emphasize the implementation of the National Handloom Development Programme?

    <p>August 15</p> Signup and view all the answers

    Study Notes

    Central Banks

    • The Federal Reserve System of the USA tops the list of the world's largest and most significant economies.
    • China and Japan's central banks occupy the 2nd and 3rd positions, highlighting Asia's growing economic influence.
    • The dominance of European central banks in the top ten underscores the economic strength and financial stability of the region.
    • The absence of African central banks from the top ten list highlights the economic disparities and developmental challenges in the region.

    70th National Film Awards

    • The 70th National Film Awards were announced at the National Media Center in New Delhi on August 16.
    • The Malayalam film Aattam was awarded the Best Feature Film award.
    • Alia Bhatt and Kriti Sanon won the Best Actress awards for Gangubai Kathiawadi and Mimi, respectively.
    • Rocketry: The Nambi Effect won the award for Best Feature Film.

    Regulatory Role of Central Banks

    • Central banks globally maintain specialized departments dedicated to regulation and supervision.
    • These departments are staffed with experts who diligently monitor compliance with established financial laws and regulations.
    • The integrity of the financial system is ensured by these regulatory departments.

    India's Position

    • While not in the top ten, India's Reserve Bank of India (RBI) holds a respectable 12th position globally.
    • As of March 31, 2024, the RBI's balance sheet grew by 11.08% year-on-year, reaching Rs 70.47 trillion.
    • This growth is primarily attributed to the bank's liquidity management and foreign currency (forex) activities, reflecting India's growing economic influence.

    Paris 2024 Olympic Games

    • The 33rd Summer Olympic Games will be held in Paris from July 26 to August 11, 2024.
    • The Olympics will feature 329 events across 32 sports.
    • Around 10,500 athletes from over 200 NOCs will participate.
    • The theme of the Games is "Let's Move and Celebrate"
    • It marks the third time Paris will host the Olympics, celebrating the centenary of the last Paris Olympics in 1924.

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    Description

    Explore the roles and importance of central banks around the world, from the Federal Reserve to the significance of Asian financial institutions. Additionally, learn about the winners of the 70th National Film Awards, highlighting key films and performances. Join this quiz to test your knowledge on economic institutions and cinema in India.

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