India
Question : The Economic Survey of India is prepared by the:
Option 1: Ministry of Finance
Option 2: Reserve Bank of India (RBI)
Option 3: Planning Commission of India
Option 4: Ministry of Commerce and Industry
Correct Answer: Ministry of Finance
Solution : The correct answer is (a) Ministry of Finance
The Economic Survey of India is prepared by the Ministry of Finance. It is an annual document that presents the state of the Indian economy, including an assessment of the current economic situation, key developments,
Question : Ratan India Ltd.’ is registered with an authorized capital of Rs. 20,00,000 divided into 2,00,000 equity shares of Rs.10 each. The company issued 50,000 equity shares at a premium of Rs.5 per share. Rs.2 per share was payable with the application, Rs.8 per share including premium on the allotment and the balance amount on the first and final call. The issue was fully subscribed and all the amount due was received except the first and final call money on 500 shares allotted to Balla. Subscribed and not fully paid up capital is _______.
Option 1: Rs 2,500
Option 2: Rs 5,000
Option 3: Rs 7,500
Option 4: None of the above
Correct Answer: Rs 2,500
Solution : Answer = Rs 2500
Subscribed but not fully paid up
500 shares @10 each = 5000
(-) call-in-arrears = (2500)
(500 x 5 each)
= 2500 Hence, the correct option is 1.
Question : The abbreviation “CPCL” is associated with the petroleum industry in India. Expand “CPCL”:
Option 1: Central Petroleum Corporation Limited
Option 2: Coimbatore Petroleum Corporation Limited
Option 3: Chennai Petroleum Corporation Limited
Option 4: Corporation of Petroleum and Chemicals Limited
Correct Answer: Chennai Petroleum Corporation Limited
Solution : The correct answer is Chennai Petroleum Corporation Limited.
One of the top refining companies in the world, Chennai Petroleum Corporation Limited (CPCL), is well-known throughout South India. Madras Refineries Limited (MRL), originally known as Chennai Petroleum Corporation Limited (CPCL), was established
Question : Who became the Prime Minister of India after Nehru's death in 1964?
Option 1: Indira Gandhi
Option 2: Lal Bahadur Shastri
Option 3: Morarji Desai
Option 4: Gulzarilal Nanda
Correct Answer: Lal Bahadur Shastri
Solution : Lal Bahadur Shastri succeeded Jawaharlal Nehru as the Prime Minister of India after Nehru's death in 1964.
Question : Which of the following is an example of a joint sector industry in India?
Option 1: BHEL
Option 2: SAIL
Option 3: Oil India Ltd
Option 4: TISCO
Correct Answer: Oil India Ltd
Solution : The correct option is Oil India Ltd.
Oil India Limited is an example of a joint sector industry in India. Joint-sector industries are those in which the government and private individuals or corporations share ownership and control. Oil India Limited is a
Question : Assertion: The Industrial Policy Resolution of 1956 aimed to create a socialist pattern of society in India.
Reason: The resolution emphasized the promotion of public-sector industries and reduced private-sector dominance.
Option 1: Both the assertion and reason are true, and the reason is the correct explanation of the assertion.
Option 2: Both the assertion and reason are true, but the reason is not the correct explanation of the assertion.
Option 3: The assertion is true, but the reason is false.
Option 4: The assertion is false, but the reason is true.
Correct Answer: Both the assertion and reason are true, and the reason is the correct explanation of the assertion.
Solution : The correct answer is (a) Both the assertion and reason are true, and the reason is the correct explanation of the assertion.
The assertion is true. The Industrial Policy
Question : According to the 2011 Census of India, which state has the highest population in India?
Option 1: Bihar
Option 2: West Bengal
Option 3: Uttar Pradesh
Option 4: Maharashtra
Correct Answer: Uttar Pradesh
Solution : The correct option is Uttar Pradesh.
According to the 2011 Census of India, the state with the highest population in India was Uttar Pradesh. Being one of the most populated states in India, it has a big influence on politics and demographics in the
Question : Every citizen must uphold and protect the ________, unity and integrity of India.
Option 1: autonomy
Option 2: authority
Option 3: sovereignty
Option 4: privacy
Correct Answer: sovereignty
Solution : The correct answer is sovereignty.
"Every citizen must uphold and protect the sovereignty, unity and integrity of India." This statement emphasizes the responsibility of citizens to preserve the nation's sovereignty, maintaining its unity and safeguarding its integrity. It reflects a fundamental principle of civic
Question : Which sector was primarily targeted for growth in the Second Five-year Plan of India?
Option 1: Agriculture
Option 2: Services
Option 3: Industry
Option 4: Defense
Correct Answer: Industry
Solution : The Second Five-year Plan of India primarily targeted the industrial sector for growth, focusing on heavy industries and manufacturing.
Question : Directions: Fill in the blanks in the following sentences with the correct alternative.
He needed some____________ on the India - China standoff.
Option 1: Information
Option 2: Informations
Option 3: Informed
Option 4: Informs
Correct Answer: Information
Solution : Option A 'Information,' is the correct answer. Explanation:
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