The 'Aadhaar Enabled Payment System' uses which biometric identifier? MCQ with Answer and Explanation

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The 'Aadhaar Enabled Payment System' uses which biometric identifier?

A. Fingerprint and iris

B. Only password

C. Only voice

D. Only PIN

Answer: Option A

Solution (By JKSSB Mock Tests)

AEPS uses Aadhaar number and biometric authentication such as fingerprint or iris.

This question belongs to: Economy GK Economy Set 1

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Question #1

The 'International Court of Justice' is located in:

A. Geneva

B. New York

C. Vienna

D. The Hague

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Correct Answer: Option D

Explanation:
ICJ is located in The Hague.

This question belongs to: Economy GK Economy Set 1

Question #2

Microfinance institutions primarily provide:

A. export finance

B. large corporate loans

C. small collateral-free loans to low-income households

D. infrastructure finance

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Correct Answer: Option C

Explanation:
Microfinance institutions provide small collateral-free loans to low-income clients.

This question belongs to: Economy GK Economy Set 1

Question #3

The term 'Special Economic Zone' (SEZ) is associated with:

A. Reducing agricultural production

B. Increasing import tariffs

C. Restricting foreign investment

D. Promoting exports and attracting investment

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Correct Answer: Option D

Explanation:
SEZs are designated areas that offer incentives such as tax benefits and simplified procedures to promote exports, attract domestic and foreign investment, and generate employment.

This question belongs to: Economy GK Economy Set 1

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