1. The primary objective of the RBI using the Standing Deposit Facility is to:

Answer: C
Explanation
● In 2022, the Reserve Bank of India (RBI) introduced the Standing Deposit Facility (SDF),
allowing banks to park their excess funds at a higher rate but without taking any
collateral from the central bank.
● Currently, the SDF rate has been set at an interest rate of 6.25%, higher than the 3.35%
fixed reverse repo rate, which is the rate at which banks park their excess funds with the
RBI in exchange of government securities as collateral.
● SDF is a tool to absorb excess liquidity, as it will be more attractive for the commercial
banks to pump liquidity back to the central bank due to higher returns, while for the central
bank it would not need to offer any security to the commercial bank.
Features of SDF
● SDF has the following features viz;
○ it is a monetary policy instrument to absorb liquidity without any collateral
with an interest rate of 6.25%;
○ it is operated on an overnight basis, with the flexibility to absorb liquidity for
longer tenor with appropriate pricing;
○ deposits under the SDF shall not be reckoned as balances eligible for the
maintenance of the cash reserve ratio (CRR), but shall be an eligible asset for
maintenance of the statutory liquidity ratio (SLR).

2. Consider the following indices
1) SDG India Index
2) Composite Water Management Index
3) Export Preparedness Index
4) India Innovation Index

Answer: D
Explanation
About NITI Aayog
● The National Institution for Transforming India, also called NITI Aayog, was formed via
a resolution of the Union Cabinet on January 1, 2015. 
● It replaced the erstwhile Planning Commission.
● NITI Aayog is the premier policy ‘Think Tank’ of the Government of India, providing
both directional and policy inputs. 
● While designing strategic and long term policies and programmes for the Government of
India, NITI Aayog also provides relevant technical advice to the Centre and States.

● NITI Aayog’s entire gamut of activities can be divided into four main heads:
○ Policy and Programme Framework
○ Cooperative Federalism
○ Monitoring and Evaluation
○ Think Tank, and Knowledge and Innovation Hub.

Governing Council of NITI Aayog
● The Governing Council of NITI Aayog is chaired by the Prime Minister and comprises
Chief Ministers of all the States and Union Territories with legislatures; Lt Governors of
other Union Territories; Ex-Officio Members; Vice Chairperson; Full-time Members; Special
Invitees and Chief Executive Officer.
● The Governing Council, which embodies the objectives of cooperative federalism, presents a
platform to discuss inter-sectoral, inter-departmental and federal issues to accelerate
the implementation of the national development agenda.
Important reports released by NITI Aayog
● Healthy States, Progressive India Report
● Composite Water Management Index
● SDG India Index
● North-Eastern Region District SDG Index
● Multidimensional Poverty Index
● Export Preparedness Index
● India Innovation Index

3. Consider the following statements about the Pradhan Mantri JI-VAN Yojana
1) The objective of the scheme is to promote organic farming practices in India.
2) It is implemented by the Ministry of Agriculture and Farmers Welfare.

Answer: D
Explanation
● Both the statements are incorrect.
● The "Pradhan Mantri JI-VAN (Jaiv Indhan- Vatavaran Anukool fasal awashesh Nivaran)
Yojana" aims at providing financial support to Integrated Bioethanol Projects using
lignocellulosic biomass and other renewable feedstock.
● It is implemented by the Ministry of Petroleum and Natural gas.

4. Consider the following statements about Warli Painting
1) It is a tribal mural art belonging to the state of Maharashtra.
2) It is based on the concept of Mother Nature and the elements of nature are often kept in
focus.
3) Warli paintings are devoid of people and animals.

Answer: B
Explanation

● Statement 1 is correct: Warli painting is a form of tribal mural art created by the tribal
people from the North Sahyadri Range in Maharashtra.
● Statement 2 is correct: It is based on the concept of Mother Nature and the elements of
nature are often kept in focus.
● Warli artists are known to use their clay huts as backdrops for creating these warli paintings,
similar to the way prehistoric paintings were made.
● These rudimentary paintings are made using a set of geometric shapes - a circle, a
triangle, and a square.
● Statement 3 is incorrect: People and animals represented in Warli paintings are depicted
by two inverse triangles joined at their tips.

● In Warli paintings, male gods are uncommon to find and are usually related to spirits which
have taken human form.
● The central motif in every ritual painting is a square known as the “chauk” or “chaukat”. It
is depicted by scenes that portray hunting, fishing and farming. Festivals and folk
dances are also common scenes depicted through Warli art.
● Apart from ritualistic paintings, Warli paintings also represent various day-to-day activities
performed by village members.
● Jivya Soman Mashe is known as the Father of Warli art because he pulled it out of the
traditional domain and popularized it beyond the Sahyadri mountains.

5. The primary objective of the Deen Dayal Upadhyaya Gram Jyoti Yojana (DDUGJY) is to

Answer: B
Explanation
● Government of India launched Deen Dayal Upadhyaya Gram Jyoti Yojana (DDUGJY) in 2014
for various rural electrification works including separation of agriculture and non-
agriculture feeders, strengthening and augmentation of sub-transmission & distribution
infrastructure, metering of distribution transformers/ feeders/consumers and
electrification of villages across the country.
● Providing free electricity connections to the Below Poverty line (BPL) households and
providing access to electricity for the rural households was one of the components
under DDUGJY.
● Works for household electrification were also executed under the scheme based on
proposals of States for un-electrified households left out under SAUBHAGYA Scheme.

● Works under the scheme have been completed and the scheme stands closed as on
31.03.2022.

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1. Theyyam, a ritual art, is primarily associated with which state in India?