General
Question : Who among the following is the Director General of the Sports Authority of India as of August 2020?
Option 1: Narinder Batra
Option 2: Neelam Kapur
Option 3: Sangita Reddy
Option 4: Sandip Pradhan
Correct Answer: Sandip Pradhan
Solution : The correct option is Sandip Pradhan.
As of August 2020, Sandhip Pradhan served as the Director General of the Sports Authority of India (SAI). He took charge as the Director General of the Sports Authority of India on August 1, 2020, after the
Question : The General Insurance (Amendment) Act, 2021 removes the provision that required the Central Government to have at least __________ownership in four subsidiaries of General Insurance Company, namely, National Insurance, New India Assurance, Oriental Insurance, and United India Insurance.
Option 1: 75%
Option 2: 49%
Option 3: 51%
Option 4: 80%
Correct Answer: 51%
Solution : The correct answer is 51%.
The General Insurance (Amendment) Act of 2021 removes the provision that required the Central Government to have at least 51% ownership in four subsidiaries of General Insurance Company, namely, National Insurance, New India Assurance, Oriental Insurance, and United India Insurance.
Question : Who has become the first woman director general of the Council of Scientific and Industrial Research?
Option 1: Sanju Verma
Option 2: Veena Aggarwal
Option 3: Nallathamby Kalaiselvi
Option 4: Priya Prakash Chand
Correct Answer: Nallathamby Kalaiselvi
Solution : The correct answer is Nallathamby Kalaiselvi.
The Council of Scientific and Industrial Research (CSIR) has selected Dr. Kalaiselvi Nallathamby as its director general. She is the first woman to hold this position and will oversee 38 research institutes throughout India.
Question : How did the first three general elections shape the political identity of India?
Option 1: By promoting regionalism
Option 2: By establishing a multi-party system
Option 3: By consolidating the democratic process
Option 4: By encouraging political decentralization
Correct Answer: By consolidating the democratic process
Solution : The first three general elections played a crucial role in consolidating the democratic process in India by establishing a tradition of free and fair elections and solidifying the role of the electorate in determining the country's political direction.
Question : Identify the incorrect statement given below
Option 1: Present currency can work as money as it is a legal tender.
Option 2: Coins held by the public are limited legal tender.
Option 3: Central bank mints coins in India
Option 4: Central banks do not deal with the general public.
Correct Answer: Central bank mints coins in India
Solution : The correct answer is (c). Central bank mints coins in India.
The central bank of India, the Reserve Bank of India (RBI), does not mint coins. The coins in circulation in India are minted by the Government of India's Security
Question : Which of the following acts is suggested for the post of Comptroller and Auditor General?
Option 1: Indian Councils Act of 1909
Option 2: The Government of India Act of 1919
Option 3: Government of India Act of 1935
Option 4: The Indian Independence Act of 1947
Correct Answer: Government of India Act of 1935
Solution : The correct answer is the Government of India Act of 1935.
The highest authority responsible for auditing the expenditure of both the national and state governments is known as the Comptroller and Auditor General of India. This position was entrusted
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Question : In September 2022, who was appointed as the Attorney General of India?
Option 1: Mukul Rohatgi
Option 2: Ram Jethmalani
Option 3: R. Venkataramani
Option 4: K. K. Venugopal
Correct Answer: R. Venkataramani
Solution : The correct answer is R. Venkataramani.
R. Venkataramani was appointed Attorney General of India in 2022. On October 1, 2022, he took over as the 16th Attorney-General. He was preceded by K. K. Venugopal. The Attorney General (AG) of India is the nation's
Question : Principles of management can be modified by the manager according to the situation. The given statement tell us about which nature of principles of management?
Option 1: Universal applicability
Option 2: General guidelines
Option 3: Contingent
Option 4: Flexible
Correct Answer: Flexible
Solution : Principles of management are not rigid prescriptions which have to be followed absolutely. Principles of management do not provide any hard and fast tools and they have to be modified as per changes in the business environment.
Hence, Option D is correct.
Question : A, B and C are partner sharing profits in the ratio of equally On 1-4-2020 they decided to share the profits 2:4:6. On the date there was a credit balance of Rs 1,00,000 in their Profit and Loss Account and a balance of Rs 2,00,000 in General Reserve Account. Instead of closing the General Reserve Account and Profit and Loss Account, it is decided to record an adjustment entry for the same. In the necessary adjustment entry to give effect to the above arrangement:
Option 1: Dr A by Rs 50,000; Cr. B by Rs 50,000
Option 2: Cr. A by Rs 50,000; Dr B by Rs 50,000
Option 3: Dr A by Rs 50,000; Cr. C by Rs 50,000
Option 4: Cr. A by Rs 50,000; Dr C by Rs 50,000
Correct Answer: Dr A by Rs 50,000; Cr. B by Rs 50,000
Solution : Answer = Cr. A by Rs 50,000; Dr C by Rs 50,000
S.Ratio = old ratio - new ratio
A = 1/3 -1/6 = 2-1/6 = 1/6 x 3,00,000 = 50,000
B = 1/3 - 2/6
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