Pandit Panchaxara Gavaigalavar Arts College, Gadag Q&A on Admission, Fee, Courses, Placements, Cutoff

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Question : Which city is known as the financial capital of India?
Option 1: Mumbai
Option 2: New Delhi
Option 3: Kolkata
Option 4: Bengaluru

Correct Answer: Mumbai

Solution : The correct answer is (a) Mumbai.

Mumbai, located on the western coast of India in the state of Maharashtra, is considered the financial hub of the country. It houses the headquarters of major national and international financial institutions, including the Reserve Bank of India (RBI),

Team Careers36023 Jan'24

Question : 54.6% of the total workforce is engaged in ____ and allied sector activities (Census of India 2011).
Option 1: hunting and gathering
Option 2: manufacturing
Option 3: agriculture
Option 4: mining

Correct Answer: agriculture

Solution : The correct answer is Agriculture.

According to the 2011 Census, 54.6% of the population works in agriculture and related fields, which generates 17.4% of the nation's GDP (current price 2014 –15, 2011–12 series). According to the 2011 Census, women comprise 25.51% of the workforce, compared

Team Careers36023 Jan'24

Question : Which of the following articles deal with the "right to freedom of religion" in India?
Option 1: 19–22
Option 2: 25–28
Option 3: 23–24
Option 4: 14–18

Correct Answer: 25–28

Solution : The correct answer is 25–28.

The right to freedom of religion is guaranteed to all Indians by the Constitution under Articles 25–28.

Article 25: It guarantees the freedom of conscience and the freedom to profess, practice, and propagate religion to all citizens.

Article 26: Freedom

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Question : Planing Commission was constituted in India in which year?
Option 1: 1947
Option 2: 1950
Option 3: 1949
Option 4: 1952

Correct Answer: 1950

Solution : The answer is 1950.

The Planning Commission was established in March 1950 by a resolution of the Government of India under the Government's stated goals to promote a rapid rise in the standard of living of the people through effective exploitation of the nation's

Team Careers36023 Jan'24

Question : Financial institutions other than banks can be crucial in assisting individuals, small firms, and farmers who want to enter the home market. These financial firms can assist in providing credit and investments to persons who are typically not helped by traditional banks, giving them an opportunity to improve their lives. Rural property is supported and encouraged through a variety of ways that do not just rely on agricultural channels. In India, one such financial organization is?
Option 1: State Bank of India
Option 2: National Bank for Agriculture and Rural Development
Option 3: NITI Ayog
Option 4: NGOs

Correct Answer: National Bank for Agriculture and Rural Development

Solution : An apex regulatory agency for the overall regulation of regional rural banks and apex cooperative banks in India is the National Bank for Agriculture and Rural Development. It is governed by the Ministry of Finance of the Indian Government.

Team Careers36023 Jan'24

Question : Which organisation of the government of India reports the GDP of the country?
Option 1: Securities and Exchange Board of India
Option 2: Central Statistics Office
Option 3: NITI Aayog
Option 4: Reserve Bank of India

Correct Answer: Central Statistics Office

Solution : The correct answer is the Central Statistics Office.

The organisation responsible for reporting the Gross Domestic Product (GDP) of India is the Central Statistics Office (CSO), which is part of the Ministry of Statistics and Programme Implementation (MoSPI), Government of India.

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Question : The Constitution of India came into force in
Option 1: 1951
Option 2: 1956
Option 3: 1950
Option 4: 1949

Correct Answer: 1950

Solution : The correct option is 1950.

The Indian Constitution came into effect on January 26, 1950. After India gained independence from British rule in 1947, the process of drafting the Constitution began. The Constitution was drafted by a Constituent Assembly. The Constitution was not immediately

Team Careers36023 Jan'24

Question : The poverty line in India is estimated using the methodology recommended by:
Option 1: Amartya Sen
Option 2: Mahbub ul Haq
Option 3: Planning Commission of India
Option 4: World Bank

Correct Answer: Planning Commission of India

Solution : The correct answer is (c) Planning Commission of India.

The estimation of the poverty line in India has historically been the responsibility of the Planning Commission of India, which was a government body responsible for formulating and assessing the country's Five-Year Plans.

Team Careers36023 Jan'24

Question : The Securities and Exchange Board of India (SEBI) is responsible for:

Option 1: Regulating and supervising the capital market

Option 2: Regulating and supervising the money market

Option 3: Regulating and supervising the insurance market


Option 4: Regulating and supervising the commodity market

Correct Answer: Regulating and supervising the capital market

Solution : The correct answer is (a) Regulating and supervising the capital market.

The Securities and Exchange Board of India (SEBI) is the regulatory body in India that is responsible for regulating and supervising the capital market. SEBI's primary objective is to

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Question : Which Five-Year Plan introduced the concept of "mixed economy" in India?
Option 1: First Five-Year Plan
Option 2: Second Five-Year Plan
Option 3: Third Five-Year Plan
Option 4: Fourth Five-Year Plan

Correct Answer: Second Five-Year Plan

Solution : The correct answer is (b) Second Five-Year Plan.

The concept of "mixed economy" was introduced in India during the Second Five-Year Plan (1956-61). The Second Five-Year Plan was based on the Mahalanobis model of development, which emphasized the development of basic and heavy

Team Careers36023 Jan'24