101: Which of the following statements is/are correct regarding Smart India Hackathon 2017?

1. It is a centrally sponsored scheme for developing every city of our country into Smart Cities in a decade.

2. It is an initiative to identify new digital technology innovations for solving the many problems faced by our country.

3. It is a programme aimed at making all the financial transactions in our country completely digital in a decade.

Select the correct answer using the code given below :

(a) 1 and 3 only
(b) 2 only
(c) 3 only
(d) 2 and 3 only
102: Which of the following constitute the World Bank ?

I. International Bank for Reconstruction and Development

II. International Finance Corporation

III. International Development Association

IV. International Monetary Fund.

Choose the correct answer from the codes given below :

Codes :

(a) I, II and III

(b) I and II

(c) III and IV

(d) I, II, III and IV
Explanation:
World Bank and International Monetary Fund (IMF) were established in December, 1945 on the recommendation of Bretton Wood Conference', hence called as 'Bretton Wood twins'. Five constituents of the World Bank are :

1. IBRD - International Bank for Reconstruction and Development
2. IFC - International Finance Corporation.
3. IDA - International Development Association.
4. MIGA - Multilateral Investment Guarantee Agency.
5. ICSID - International Centre for the settlement of Investment Disputes

India is a member of first four constituents of the World Bank.
103: Opium is obtained from:

(a) Tablet type latex

(b) Latex juice

(c) Seed capsule of opium poppy

(d) Poppy leaves
104: The varieties of corn can be improved by which of the following methods?

(a) Dihybrid cross

(b) Back cross

(c) Double cross

(d) Natural selection
105: The banks are required to maintain a certain ratio between their cash in hand and total assets. This is called

(a) SBR (Statutory Bank Ratio)
(b) SLR (Statutory Liquid Ratio)
(c) CBR (Central Bank Reserve)
(d) CLR (Central Liquid Reserve)
Explanation:
Banks are required to maintain a certain ratio between their cash in hand and total assets is called 'Statutory Liquidity Ratio (SLR)'. SLR is fixed by RBI through its monetary policy. Presently SLR is 25%.