16 MAY 2025
16 MAY 2025
1. Which of the following statements are true regarding the Greater Bengaluru Area (GBA)?
1. The current jurisdiction of GBA under the new notification is limited to 709 sq km.
2. The Greater Bengaluru Governance (GBG) Act allows for the inclusion of nearby panchayats totaling 250 sq km.
3. The GBG Act permits the creation of up to seven corporations, with a current plan to start with three.
4. The Greater Bengaluru Authority has already replaced BBMP as the sole governing body.
A) Only 1 and 3
B) Only 1 and 2
C) Only 2 and 4
D) All statements are true
2. Which of the following statements are true regarding the Centralised Information Management System (CIMS)?
1. CIMS is a manual reporting system developed to reduce the RBI’s use of technology.
2. It allows regulated entities to report data on digital lending apps via a centralized portal.
3. The system uses advanced big data tools for analysis and integration across economic domains.
4. Submitting data through CIMS is optional for regulated financial entities.