Questions

India’s first smartcard-based Public Bicycle Sharing (PBS) initiative has launched in Mysuru, Karnataka on June 4, 2017. The cost of the project, partly funded by World Bank’s Global Environmental Facility, for the next six years is Rs 20.5 crore, covering the maintenance of the docking stations and bicycles. About 450 bicycles will be available for public use in the city. To rent a bicycle, the citizens of Mysuru or tourists need to register themselves either online or by visiting one of the six registration centres situated close to tourism centres and obtain a smart card after paying Rs. 350, including a refundable deposit of Rs. 250. Though the use of the bicycle is free for the first one hour, the users will have to pay a nominal fee of Rs. 5 for two hours, Rs. 10 for three hours and so on.

Saraswat Bank, the largest lender in the co-operative space, has appointed Smita Sandhane as its Managing Director (MD). She is the first woman chief of India's largest urban co-operative bank.
'Service to the common man' is the Motto of Saraswat Bank.

The national flag of India has 4 colours saffron, white, green and navy blue. Each describes a specific reason.

Saffron - It represents the courage and sacrifice

White - It represents eace, truth and purity

Green - It represents faith, fertility and growth

The wheel of virtue which is in navy blue represents the motion of growth.

Fifth Five Year Plan (1974–1978)

The Fifth Five-Year Plan laid stress on Employment, Poverty Alleviation (Garibi Hatao), and Justice. The plan also focused on self-reliance in agricultural production and defense.

In 1978 the newly elected Morarji Desai government rejected the plan.