India
Question : Which of the following institutions is responsible for regulating and supervising the functioning of universal banks in India?
Option 1: Reserve Bank of India (RBI)
Option 2: Securities and Exchange Board of India (SEBI)
Option 3: National Bank for Agriculture and Rural Development (NABARD)
Option 4: None of the above
Correct Answer: Reserve Bank of India (RBI)
Solution : The correct answer is (a) Reserve Bank of India (RBI)
The correct institution responsible for regulating and supervising the functioning of universal banks in India is the Reserve Bank of India (RBI). Universal banks in India are commercial banks that offer
Question : Dhupgarh peak is the highest point of which of the following states of India?
Option 1: Chhattisgarh
Option 2: Jharkhand
Option 3: Uttar Pradesh
Option 4: Madhya Pradesh
Correct Answer: Madhya Pradesh
Solution : The correct option is Madhya Pradesh.
Dhupgarh is located in the Satpura Range of central India, within the Pachmarhi Biosphere Reserve, in the Hoshangabad district of Madhya Pradesh. Its height is approximately 1,350m above sea level.
Question : Statement 1: The Pradhan Mantri Mudra Yojana provides loans to unemployed individuals for starting their own business.
Statement 2: Mudra loans are primarily targeted at micro and small enterprises in India.
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 1 is false, statement 2 is true.
Correct Answer: Both statements are true.
Solution : The correct answer is (a) Both statements are true.
Statement 1: The Pradhan Mantri Mudra Yojana provides loans to individuals, including self-employed individuals, for starting or expanding their own business. These loans are available to both unemployed and employed individuals.
Statement 2:
Question : Assertion: The consumer has a right to have complete information about the product he intends to buy.
Reason: It is because of this reason that a legal framework in India requires the manufacturers to provide such information on the package and label of the product.
Option 1: Both the assertion and the reason are correct, and the reason is the correct explanation of the assertion.
Option 2: Both the assertion and the reason are correct, but the reason is not the correct explanation of the assertion.
Option 3: The assertion is correct, but the reason is incorrect.
Option 4: The assertion is incorrect, but the reason is correct.
Correct Answer: Both the assertion and the reason are correct, and the reason is the correct explanation of the assertion.
Solution : The correct answer is (a) Both the assertion and the reason are correct, and the reason is the correct explanation of the assertion.
The consumer indeed has a
Question : Assertion: The Securities and Exchange Board of India (SEBI) promotes investor education.
Reason: SEBI's main function is to issue government bonds to the public.
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: Assertion is false, but the reason is true.
Correct Answer: Assertion is true, but the reason is false.
Solution : The correct answer is (c) The assertion is true, but the reason is false.
SEBI is the Securities and Exchange Board of India, and it is the regulatory body for the securities market in India. One of its
Question : The "retirement age" in India for government employees is generally set at:
Option 1: 55 years
Option 2: 58 years
Option 3: 60 years
Option 4: 62 years
Correct Answer: 60 years
Solution : The correct answer is (c) 60 years
The retirement age of government employees can vary slightly depending on the specific rules and regulations of different government departments or services. However, the standard retirement age for most government employees in India is 60 years. This
Question : Which article of the Constitution of India grants constitutional remedies to the citizens of India?
Option 1: Article 32
Option 2: Article 19
Option 3: Article 54
Option 4: Article 45
Correct Answer: Article 32
Solution : The correct answer is Article 32.
The Fundamental Rights are contained in Part III (Articles 12 to 35) of the Indian Constitution. Article 32 of the Indian Constitution mentions the right to constitutional remedies. This article outlines the remedies available for enforcing the
Question : The nationalization of coal mines in India took place during the tenure of:
Option 1: Indira Gandhi
Option 2: Rajiv Gandhi
Option 3: Morarji Desai
Option 4: Jawaharlal Nehru
Correct Answer: Indira Gandhi
Solution : The correct answer is (a) Indira Gandhi
The nationalization of coal mines in India took place during the tenure of Indira Gandhi. The coal mines were nationalized in two phases, the first with the coking coal mines in 1971-72 and then with the non-coking
Question : Who is the Chief Law Officer of the Government of India ?
Option 1: The chief Justice of India
Option 2: The Registrar of the Supreme court
Option 3: The Law minister of India
Option 4: the Attorney general of India
Correct Answer: the Attorney general of India
Solution : Correct Answer is the Attorney general of India
The Chief Legal Advisor of the Government of India ,provides legal advice to the Union Government on all matters of law and order. This is a function of the Union Executive as per
Question : How did the Green Revolution contribute to the phenomenon of 'rural rich' in India?
Option 1: By providing employment opportunities in rural areas
Option 2: By increasing the income of small and marginal farmers
Option 3: By creating a class of wealthy farmers with large landholdings
Option 4: By reducing rural poverty through social welfare programs
Correct Answer: By creating a class of wealthy farmers with large landholdings
Solution : The Green Revolution contributed to the phenomenon of 'rural rich' in India by creating a class of wealthy farmers with large landholdings who benefited significantly from the increased agricultural productivity and profits.
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