Directorate of Distance Education, Rabindra Bharati University, Kolkata All Questions

Question : Case Study 32:

A consumer bought a laptop online, and the seller promised a cashback offer within two weeks of purchase. However, the cashback was not credited to the consumer's account as promised. What action can the consumer take in this case?

Option 1: File a complaint with the District Consumer Disputes Redressal Forum.

Option 2: Lodge a complaint with the National Consumer Disputes Redressal Commission directly.

Option 3: Contact the Advertising Standards Council of India (ASCI) for assistance.

Option 4: Give up on the cashback offer, as it might be a fraudulent promise.

Question : Which is the first national park established in India?

Option 1: Velvadan National Park

Option 2: Periyar National Park

Option 3: Bandipur National Park

Option 4: Corbett National Park

Question : Statement 1: The Foreign Exchange Regulation Act (FERA) was enacted to regulate foreign trade in India.

Statement 2: FERA was replaced by the Foreign Exchange Management Act (FEMA) in 1991.

Option 1: Both statements are true.
   

Option 2: Both statements are false.
 

Option 3: Statement 1 is true, and statement 2 is false.

Option 4: Statement 1 is false, and statement 2 is true.

Question : Which of the following are the two island neighbours of India?

Option 1: Sri Lanka and Maldives

Option 2: Philippines and Sri Lanka

Option 3: Taiwan and Singapore

Option 4: New Zealand and Maldives

Question : When was the first train steamed off in India?

Option 1: 1848

Option 2: 1853

Option 3: 1875

Option 4: 1880

Question : Who among the following sportspersons won the Hockey India Dhruv Batra Player of the Year Award 2019 for Men?

Option 1: P. R. Sreejesh

Option 2: Krishan Bahadur Pathak

Option 3: Manpreet Singh

Option 4: Rupinder Pal Singh

Question : Who has won the Miss India Worldwide 2022 pageant?

Option 1: Khushi Patel

Option 2: Roshani Razack

Option 3: Vaidehi Dongre

Option 4: Navya Paingol

Question : Which among the following is the oldest stock exchange in India?

Option 1: Multi-Commodity Exchange

Option 2: National Commodity and Derivatives Exchange

Option 3: Bombay Stock Exchange

Option 4: National Stock Exchange

Question : Lord Hastings initiated the ______ where the East India Company claimed that its authority was supreme and hence its power was greater than that of Indian states.

Option 1: Government's Stores Policy

Option 2: Policy of ‘Paramountcy’

Option 3: Imperial Policy

Option 4: Doctrine of Lapse

Question : Comprehension:
Read the passage carefully and answer the questions that follow.
India's favourable demographic trends, which have increased the workforce's percentage of the overall population, have paved the way for a significant middle-class expansion. A big population bulge emerging from absolute poverty and set to reach the middle class would generate new dynamics. In India, over 55 percent of the population is predicted to reach the middle class. In reality, because India's demographics are significantly younger than China and the United States, the country's middle class might be the world's largest (in terms of population) by 2025.
It is no exaggeration to argue that future growth will be reliant on the increasing middle class and that the middle class's development will be reliant on growth. Growth has been fuelled by both private consumption and saving, both of which are fuelled by the middle class. India's private consumption accounts for over 60% of the country's GDP, while private consumption growth has contributed to 70% of the country's growth since 2000.
Even though China's middle class is now greater than India's, private spending in the former accounts for a lesser share of growth. In contrast to the United States, where domestic savings are dropping and the country borrows excess funds from outside to invest and expand, India's domestic savings and investments are increasing and funding investments. The emergence of the middle class is anticipated to coincide with a transition away from large-scale informality, which now characterises much of the services and industrial sectors, and toward more formal, wage-earning, and medium-scale firms. Technological advancements will spread at a faster rate. Cities will expand as the necessities concentrate on them. If there is enough movement across states and from rural to urban regions, the population increase will be more evenly distributed.

Question:
Which of the following options has contributed to the expansion of the middle class?

Option 1: Evenly distributed economic opportunities

Option 2: Increased private consumption

Option 3: Increased workforce percentage

Option 4: Increased foreign investment