Which one of the following best describes the key objective of India’s ‘Open Network for Digital Commerce’ (ONDC) initiative?
Prelims
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Economics › Digital Payments,Digital Infrastructure
Economics › Digital Payments,Digital Infrastructure
Options
Answer
(c) To break the dominance of large e-commerce platforms by enabling interoperability across networks
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Economics › Digital Payments,Digital Infrastructure
An e-commerce revenue model where the seller has control over pricing but doesn’t keep products in stock and instead transfers customer orders and shipment details to a third-party supplier, who then ships the goods directly to the customer, is called:
Options
Answer
(a) Dropshipping Model
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Economics › Finance/Capital Market
Economics › Finance/Capital Market
Which of the following statements about Crowdfunding is/are correct?
1. Crowdfunding is solicitation of funds (small amount) from multiple investors through a web-based platform or social networking site for a specific project.
2. Small and Medium Enterprises (SMEs) are able to raise funds at lower cost of capital without undergoing rigorous procedures.Options
Answer
(c) Both 1 and 2
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Economics › Financial Inclusion,PSL
Economics › Financial Inclusion,PSL
Which of the following statements about M1xchange’s role in MSMEs financing is/are correct?
1. M1xchange provides collateral based loans to MSMEs.
2. M1xchange facilitates discounting of invoices and Bills of Exchange for MSMEs.
3. M1xchange functions as a credit rating agency for MSMEs.Options
Answer
(b) 2 only
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Economics › Financial Inclusion,PSL
Which one of the following correctly represents the three key sub-indices of the Financial Inclusion Index (FI-Index) of the RBI?
Options
Answer
(c) Access, Usage, and Quality
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Economics › RBIxFunctions
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Economics › Renewable Energy Sector
Economics › Renewable Energy Sector
Which of the following statements with regard to Green Hydrogen is/are correct?
1. It is decarbonized hydrogen obtained from natural gas reforming combined with carbon capture and storage (CCS).
2. It is produced using electrolysis of water with electricity generated by renewable energy.
3. National Green Hydrogen Mission of India aims for abatement of nearly 50 MMT of annual greenhouse gas emissions by 2030.Options
Answer
(b) 2 and 3 only
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Environment › Flagship SpeciesXCharacteristics
Environment › Flagship SpeciesXCharacteristics
With respect to the Western Hoolock Gibbons, which of the following statements is/are correct?
1. A Sanctuary in North-east India is home to this ape species listed as Endangered in the IUCN Red List.
2. They have specialized brachiation and can easily swing between trees.
3. They possess a strong and heavy build like gorillas, yet are remarkably agile tree climbers.Options
Answer
(b) 1 and 2
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Environment › India Environmental Policy/Body
Environment › India Environmental Policy/Body
Which of the following statements about NIRANTAR (National Institute for Research and Application of Natural Resources to Transform, Adapt and Build Resilience), a platform of institutions
under the Ministry of Environment, Forest and Climate Change is/are correct?
1. Ecosystem Survey and Analysis is a vertical under this platform the lead institute of which is Botanical Survey of India, Kolkata.
2. Research and Management of Ecosystem Service is a vertical under this platform, the lead institute of which is Central Zoo Authority, New Delhi.
3. Capacity Development Support is a vertical under this platform, the lead institute of which is Indian Institute of Forest Management, Bhopal.Select the answer using the code given below :
Options
Answer
(b) 1 and 3 only
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Environment › International Org,TreatiesXEnvironment
Environment › International Org,TreatiesXEnvironment
At the United Nations Ocean Conference (UNOC) held in June, 2025 in France, the Food and Agricultural Organization (FAO) of the United Nations demonstrated its leading voice on marine and ocean issues, especially on sustainable fisheries and aquaculture for resilient livelihood and ‘Blue Transformation’. Which of the following combinations about the ‘Four Betters’ proposed by FAO for ‘Blue Transformation’ is correct?”
Options
Answer
(b) Better production, better nutrition, better environment and better life