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Government Initiatives Quiz 1 (25 MCQs)

Quiz Instructions:

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1. _____ Has to determine the source of finance for funding the venture
2. A promotional scheme of Government of India will provide 0.5 % incentive on transaction amount for retailers, who accept digital payments based on biometric authentication. What is the name of the scheme?
3. What is the Vision of Digital India Programme?
4. Digital Jagriti programme of Government of India, is conducted by Common Service Centre. What is the purpose of Digital Jagriti?
5. Entrepreneur has to include the mechanism for managing the venture in the
6. _____ has to include the mechanism for managing venture in the project report
7. What is the professed role of Digital India Programme?
8. RBI has revised the criteria for categorisation of merchants for charging different MDRs. What is the basis of categorisation?
9. Make in India initiative was launched in
10. RBI has relaxed norms on Additional Factor Authentication for certain digital payments upto Rs.2000 per transaction. What is the effect of this?
11. A promotional scheme of Government of India will provide 0.5 % incentive on transaction amount for retailers, who accept digital payments based on biometric authentication. What is the maximum amount of each transaction to be eligible for incentive?
12. To encourage digital payments, all the government departments have to make e-payments to suppliers for bills above for Rs.5, 000/-. Which Ministry has been made responsible to monitor progress in this field?
13. If a retail merchant generates minimum 50 transactions through BHIM app, he will be getting incentive of maximum Rs.1000/-per calendar month. What is the name of the scheme?
14. Oil Marketing companies are offering incentives for those who are using various digital payment systems. Who are the beneficiaries?
15. What is the Income Tax assessment rules on turnover basis upto Rs.2 crores?
16. _____ Has to choose suitable plot of accommodating his venture
17. Stand up India was launched in
18. National skill development mission was unveiled in
19. _____ is a foremost challenge facing India.
20. Digital Payment system which was the vision of Digital India, shall have the following qualities.
21. Entrepreneurs has to obtain _____ From the authority concerned
22. The _____ Initiative was launched to modernize the Indian economy to make all governments services available electronically.
23. _____ Is the government of India's endeavour to promote culture of innovation and entrepreneurship.
24. Entrepreneurs requires _____ types of finance
25. DigiShala-free educational channel in English, Hindi and other regional languages is conducted through Doordarshan an initiative of Government of India. What is the purpose of DigiShala?
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