India
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
Question : In India, secularism aims to:
Option 1: Promote atheism
Option 2: Establish a state religion
Option 3: Ensure religious freedom and equality
Option 4: Suppress religious practices
Correct Answer: Ensure religious freedom and equality
Solution : In India, secularism aims to ensure religious freedom and equality, allowing individuals to practice their religion without discrimination and ensuring that the state does not favor any particular religion.
Question : Which state of India has made rainwater harvesting compulsory for all houses?
Option 1: Haryana
Option 2: Maharashtra
Option 3: Tamil Nadu
Option 4: Punjab
Correct Answer: Tamil Nadu
Solution : The correct option is Tamil Nadu.
The first state in India that mandates rooftop rainwater harvesting systems for every home is Tamil Nadu. The act of collecting and storing rainwater as opposed to letting it run off is called rainwater harvesting. Rainwater is collected
Question : The struggle for women's equality in India has its roots in:
Option 1: Economic reforms
Option 2: Technological advancements
Option 3: Social and cultural movements
Option 4: Political upheavals
Correct Answer: Social and cultural movements
Solution : Correct Option: Option 3 Explanation: The struggle for women's equality in India has its roots in social and cultural movements that aimed at challenging patriarchal norms and practices.
Question : Who among the following was the only athlete to represent India in the 1900 Summer Olympics?
Option 1: Norman Pritchard
Option 2: Khashaba Dadasaheb Jadhav
Option 3: Purma Banerjee
Option 4: Phadeppa Dareppa Chaugule
Correct Answer: Norman Pritchard
Solution : The correct option is Norman Pritchard.
India had its first appearance at the modern Olympic Games in 1900 when one athlete, Norman Pritchard, represented the country in the Paris Summer Olympics. He participated in athletics and tennis events during the games held in Paris.
Question : Which among the following is the sole note-issuing authority in India?
Option 1: Industrial Finance Corporation of India
Option 2: National Payments Corporation of India
Option 3: Reserve Bank of India
Option 4: State Bank of India
Correct Answer: Reserve Bank of India
Solution : The correct answer is the Reserve Bank of India.
As per Section 22 of the Act, the Reserve Bank of India (RBI) has the exclusive authority to issue banknotes in India. Section 25 empowers the central government to approve the design,
Question : Which among the following was set up in 1956 by the Indian Government by nationalising all the existing private sector life insurance companies?
Option 1: United India Insurance Company Limited
Option 2: General Insurance Corporation of India
Option 3: New India Assurance Company Limited
Option 4: Life Insurance Corporation of India
Correct Answer: Life Insurance Corporation of India
Solution : The correct option is Life Insurance Corporation of India.
The Government of India nationalised the private life insurance companies already in operation, creating the Life Insurance Corporation of India (LIC) in 1956. The action, which was a component of the
Question : In India, the irrigation of agricultural land is carried out maximum by
Option 1: Canals
Option 2: Wells
Option 3: Tubewells
Option 4: Tanks
Correct Answer: Wells
Solution : The correct option is wells.
In India, irrigation of agricultural land is done to a significant extent by the use of wells. Wells give access to groundwater, which is an important water resource for irrigation, especially in locations where surface water supplies are scarce or
Question : Which of the following is not true for Direct Tax receipts?
Option 1: It is imposed on income and wealth of individual and firms
Option 2: Burden of payment can be shifted
Option 3: In India, these taxes are progressive in nature
Option 4: They are not included in the estimation of national income
Correct Answer: Burden of payment can be shifted
Solution : The correct answer is (b) Burden of payment can be shifted.
Direct Tax receipts are imposed on the income and wealth of individuals and firms, and the burden of payment generally cannot be shifted to others. Direct taxes are levied
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