Abbreviation

41. Which of the following is the correct full form of CACP? [S.S.C. Online CHSL (T-I) 15.04.2021 (Shift-I)]

(a) Chamber of Agro Chemicals and Pesticides
(b) Centre for Agricultural costs and Policies
(c) Centre for Agricultural Commission and Prices
(d) Commission for Agricultural Costs and Prices

Correct Answer: (d) Commission for Agricultural Costs and Prices

Solution:The Commission for Agricultural Costs & Prices (CACP) is an attached office of the Ministry of Agriculture and Farmers Welfare, Government of India. It came into existence in January 1965.

42. The Energy and Resources Institute and NDMA has launched a Flood Early Warning System (FEWS) for Guwahati to alert local authorities about flash floods or any heavy rainfall in August, 2020. What is the full form of NDMA? [S.S.C. Online CHSL (T-I) 16.04.2021 (Shift-I)]

(a) Native Defence Management Authority
(b) National Defence Management Authority
(c) National Disaster Management Authority
(d) Natural Disaster Management Authority

Correct Answer: (c) National Disaster Management Authority

Solution:The National Disaster Management Authority (NDMA), headed by the Prime Minister of India, is the apex body for Disaster Management in India.

43. JPEG is a commonly used method of lossy compression for digital images. What is the full form of JPEG? [S.S.C. Online CHSL (T-I) 16.04.2021 (Shift-I)]

(a) Joint Pages Enhanced Graphics
(b) Jet Protocol Experts Group
(c) Jet Prints Editing Graphics
(d) Joint Photographic Experts Group

Correct Answer: (d) Joint Photographic Experts Group

Solution:The full form of JPG or JPEG is Joint Photographic Expert Group. JPG is an accessible photographic image format, produced and generated through digital photography. Joint Photographic Expert Group is a joint committee of the ISO (International Standardisation Organisation) and IEC (International Electrotechnical Commission).

44. ICAR is an autonomous body responsible for coordinating agriculture and research in India. What is the full form of ICAR? [S.S.C. Online CHSL (T-I) 19.04.2021 (Shift-II)]

(a) Indian Council of Agricultural Research
(b) Institute of Central Agricultural Research
(c) Indian Centre of Agriculture and Research
(d) Institute of Central Aviation Research

Correct Answer: (a) Indian Council of Agricultural Research

Solution:The Indian Council of Agricultural Research (ICAR) is the apex body for coordinating, guiding, and managing research and education in agriculture in the entire country under the aegis of DARE, Ministry of Agriculture and Farmers Welfare.

45. In the context of the banking sector in India, what does 'G' stand for in 'RTGS'? [S.S.C. Online MTS (T-I) 13.10.2021 (Shift-I)]

(a) Gross
(b) Gain
(c) Gradual
(d) Grand

Correct Answer: (a) Gross

Solution:The acronym 'RTGS' stands for Real Time Gross Settlement, in which 'G' stands for Gross. RTGS can be explained as a system where there is continuous and real-time settlement of fund-transfers, individually on a transaction by transaction basis (without netting).

46. In the context of BHIM UPI, what does 'I' stand for in BHIM? [S.S.C. Online MTS (T-I) 18.10.2021 (Shift-I)]

(a) Identity
(b) Interface
(c) Insurance
(d) Interfere

Correct Answer: (b) Interface

Solution:The acronym 'BHIM' stands for Bharat Interface for Money in which 'I' stands for Interface. BHIM is an app that lets you make simple, easy and quick payment transactions using Unified Payments Interface (UPI).

47. What is the full form of SIDBI? [S.S.C. Online MTS (T-I) 18.10.2021 (Shift-III)]

(a) Small Industries Development Bank of India
(b) Service Industries Development Bank of India
(c) Service Investment Development Bank of India
(d) Small Investment Development Bank of India

Correct Answer: (a) Small Industries Development Bank of India

Solution:Small Industries Development Bank of India (SIDBI) is the apex regulatory body for overall licensing and regulation of micro, small and medium enterprise finance companies in India. It is under the jurisdiction of the Ministry of Finance, Government of India headquartered at Lucknow and having its offices all over the country.

48. What is the full form of WPI? [S.S.C. Online MTS (T-I) 26.10.2021 (Shift-II)]

(a) Wholesale Product Index
(b) Wholesale Price Information
(c) World Product Index
(d) Wholesale Price Index

Correct Answer: (d) Wholesale Price Index

Solution:Wholesale Price Index (WPI) represents the price of goods at a wholesale stage i.e. goods that are sold in bulk and traded between organisations instead of consumers. WPI is used as a measure of inflation in some economies.