India
Question : Under which Act was the Supreme Court established in India?
Option 1: Regulating Act of 1773
Option 2: Pitt's India Act 1784
Option 3: Charter Act of 1853
Option 4: Charter Act of 1793
Correct Answer: Regulating Act of 1773
Solution : The correct answer is the Regulating Act of 1773.
At Fort William in Calcutta, the Supreme Court was established by the Regulating Act of 1773. The subjects could seek remedy in the court that was constituted with original and appellate jurisdictions.
Question : A primary cause of rural-to-urban migration in India is:
Option 1: Better educational facilities in rural areas
Option 2: Increased agricultural productivity
Option 3: Lack of employment opportunities in rural areas
Option 4: Decreased cost of living in urban areas
Correct Answer: Lack of employment opportunities in rural areas
Solution : Lack of employment opportunities in rural areas is a primary cause of rural-to-urban migration in India, as people move to cities in search of jobs and better living conditions.
Question : Given below is a short passage followed by some items based on the passage. First, read the passage and answer the items based on it. You are required to select your answers based on the contents of the passage and the opinion of the author only.
More than eight months after the national lockdown was announced in late March, urban India is learning to live with the Covid-19 pandemic. In fact, indicating a positive outlook for the future, many survey respondents in a recent survey say they plan to return to pre-lockdown levels of shopping, personal grooming, going to cinemas and socializing as pandemic fears continue to recede. The survey findings highlight that the suppression of consumer demand because of fears of job losses and salary cuts could be coming to an end. Increasingly, urban Indians are showing increased confidence about the future of the economy. This could be an indicator of the possible 'pent-up demand' that several economists have been talking about - a demand that could be unleashed once a vaccine is developed and distributed, or when there are signs of the pandemic's spread reducing to negligible levels or vanishing totally.
Around 65 per cent of respondents said they had settled into new routines, or that they saw signs of the situation improving, or they had come to terms with the pandemic and were moving on with their lives. And since the survey was conducted before the news of the successful trials of the Pfizer vaccine for the coronavirus was announced, it is likely that the consumers are now even more positive in their outlook about the future.
Question: What, according to the passage, is the reason behind the decline in consumer demands?
Option 1: Dearth of vaccine till date
Option 2: Professional insecurity
Option 3: The intention of saving up money.
Option 4: Careful attitude of the general public
Correct Answer: Professional insecurity
Solution : The correct option is 2 i.e Professional insecurity. Explanation
Let's examine the opening sentence of the second paragraph: 'The survey findings highlight that the suppression of consumer demand because of fears of job losses and salary cuts could be coming to an end.' -
Question : According to Census 2011, which is the second largest religious minority in India?
Option 1: Christians
Option 2: Buddhist
Option 3: Sikhs
Option 4: Muslim
Correct Answer: Christians
Solution : The correct answer is Christians.
With about 28 million adherents, or 2.3 percent of India's total population, Christianity is the country's second-largest minority religion after Islam (2011 Census).
Question : As of 2022, there are ______ states in India.
Option 1: 30
Option 2: 28
Option 3: 31
Option 4: 21
Correct Answer: 28
Solution : The correct answer is 28.
There are 28 states and 8 Union Territories in India as of 2022. The youngest State formed was Telangana in 2014. From 31st October 2019, Jammu and Kashmir state was bifurcated into two union territories: Jammu and Kashmir and
Question : The HVJ gas pipeline from Hazira in Gujarat to Jagdishpur in Uttar Pradesh passes through which state?
Option 1: Jharkhand
Option 2: Madhya Pradesh
Option 3: Himachal Pradesh
Option 4: Uttarakhand
Correct Answer: Madhya Pradesh
Solution : The correct answer is Madhya Pradesh.
Hazira-Vijaipur-Jagdishpur, or HVJ, is the first interstate gas pipeline in India. To supply gas to fertiliser factories in the state of Uttar Pradesh, the project got underway in 1986 with the formation of GAIL Limited.
With a
Question : Statement 1: India, Pakistan, and China have implemented measures to reduce income inequality.
Statement 2: Government policies and social welfare programs aim to bridge the income gap in these countries.
Option 1: Both statements are true.
Option 2: Both statements are false.
Option 3: Statement 1 is true, Statement 2 is false.
Option 4: Statement 2 is true, Statement 1 is false.
Correct Answer: Both statements are true.
Solution : The correct answer is (a) Both statements are true.
India, Pakistan, and China have implemented measures to reduce income inequality. These measures include government policies and social welfare programs aimed at bridging the income gap and addressing socioeconomic disparities. The governments of
Question : A challenge in India-US trade relations is:
Option 1: The lack of a free trade agreemen
Option 2: High tariffs on US goods
Option 3: India's trade surplus with the US
Option 4: US restrictions on IT services
Correct Answer: US restrictions on IT services
Solution : A challenge in India-US trade relations is US restrictions on IT services, which impact India's export of software and IT-enabled services to the US market.
Question : All of the following are freedom fighters of India who were hanged to death on 23 March 1931 in the Lahore conspiracy case, except_______.
Option 1: Sukhdev
Option 2: Rajguru
Option 3: Mahatma Gandhi
Option 4: Bhagat Singh
Correct Answer: Mahatma Gandhi
Solution : The correct answer is Mahatma Gandhi
In the Lahore conspiracy case, which was initiated to exact revenge on Lala Lajpat Rai, Bhagat Singh, Rajguru, and Sukhdev were put on trial for the murder of Saunders. Following their conviction, they received a death sentence. March
Question : Assertion-Reason Questions: Chapter - Sources of Business Finance
Questions : Business Finance and Its Meaning
Assertion: Financial planning plays a critical role in optimizing the allocation of funds and resources.
Reason: Financial planning focuses solely on allocating funds to marketing activities.
Option 1: Both assertion and reason are true, and the reason is the correct explanation of the assertion.
Option 2: Both assertion and reason are true, but the reason is not the correct explanation of the assertion.
Option 3: Assertion is true, but the reason is false.
Option 4: Both assertion and reason are false.
Correct Answer: Assertion is true, but the reason is false.
Solution : The correct answer is (c) Assertion is true, but the reason is false.
The assertion is true. Financial planning involves efficiently allocating funds and resources to various activities within a business, aiming to achieve the company's financial goals
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