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Question : The establishment of the Reserve Bank of India (RBI) took place in the year:

Option 1: 1947

Option 2: 1951

Option 3: 1935

Option 4: 1969

Team Careers360 18th Jan, 2024

Correct Answer: 1935


Solution : The correct answer is (c) 1935. 

The Reserve Bank of India was established on April 1, 1935, based on the recommendations of the Hilton Young Commission. It was originally established as a private shareholders' bank but was nationalized in 1949, becoming fully owned by the Government of India. The RBI serves as the central banking institution of India and is responsible for the regulation and supervision of the country's banking system, monetary policy formulation, currency issuance, and management of foreign exchange reserves.

 

11 Views

Question : Which Five-year Plan in India emphasized the development of the tertiary sector?

 

Option 1: First Five-year Plan

Option 2: Third Five-year Plan

Option 3: Sixth Five-year Plan

Option 4: Eighth Five-year Plan

Team Careers360 21st Jan, 2024

Correct Answer: Sixth Five-year Plan


Solution : The Third Five-year Plan in India emphasized the development of the tertiary sector, including services and infrastructure, to support industrial and agricultural growth.

15 Views

Question : The "Digboi Oil fields" are located in which of the following states of India?

Option 1: Assam

Option 2: Manipur

Option 3: Meghalaya

Option 4: Nagaland

Team Careers360 22nd Jan, 2024

Correct Answer: Assam


Solution : The correct option is Assam.

Assam, an Indian state in the northeast, is home to the Digboi Oil Fields. Digboi, one of the nation's oldest oil fields, has a long history in the petroleum business. The Digboi Refinery, founded in 1901, is among the most ancient refineries in Asia and has been instrumental in the processing of crude oil that is extracted from the Digboi Oil Fields.

14 Views

Question : Which of the following government schemes provides skill development training to youth in India?

Option 1: Pradhan Mantri Jan Dhan Yojana

Option 2: Pradhan Mantri Kaushal Vikas Yojana

Option 3: Deendayal Antyodaya Yojana

Option 4: Pradhan Mantri Garib Kalyan Anna Yojana

Team Careers360 15th Jan, 2024

Correct Answer: Pradhan Mantri Kaushal Vikas Yojana


Solution : The correct option is Pradhan Mantri Kaushal Vikas Yojana.

The Pradhan Mantri Kaushal Vikas Yojana (PMKVY) is a flagship scheme of the Government of India aimed at enabling a large number of Indian youth to take up industry-relevant skill training to help them secure a better livelihood.

18 Views

Question : Which Union Territory of India lies in the Bay of Bengal?

Option 1: Dadra & Nagar Haveli and Daman & Diu

Option 2: Chandigarh

Option 3: Lakshadweep Islands

Option 4: Andaman and Nicobar Islands

Team Careers360 14th Jan, 2024

Correct Answer: Andaman and Nicobar Islands


Solution : The correct option is the Andaman and Nicobar Islands.

The Union Territory of Andaman and Nicobar Islands lies in the Bay of Bengal. It is a group of islands located at the southeastern edge of the Bay of Bengal, between the Bay of Bengal and the Andaman Sea. The Andaman and Nicobar Islands are known for their stunning natural beauty, diverse marine life, and rich biodiversity.

6 Views

Question : The Farmers' Movement in India has been particularly active in which of the following agricultural practices?  

Option 1: Organic farming  
 

Option 2: Cash crop cultivation  
 

Option 3: Cooperative farming  

 

Option 4: Contract farming  

Team Careers360 19th Jan, 2024

Correct Answer: Cash crop cultivation  
 


Solution : The Farmers' Movement in India has been particularly active in issues related to cash crop cultivation, such as the demand for fair prices and subsidies for crops like cotton and sugarcane.

11 Views

Question : Who was the Mughal emperor during the time of the English East India Company's establishment in India?

Option 1: Akbar

 

Option 2: Jahangir

Option 3: Shah Jahan

Option 4: Aurangzeb

Team Careers360 14th Jan, 2024

Correct Answer: Jahangir


Solution : Emperor Jahangir was the Mughal ruler during the time of the English East India Company's establishment in India in the early 17th century.

9 Views

Question : The President of which country was the chief guest at the 71st Republic Day of India?

Option 1: Spain

Option 2: Belgium

Option 3: Argentina

Option 4: Brazil

Team Careers360 22nd Jan, 2024

Correct Answer: Brazil


Solution : The correct option is Brazil

The 71st Republic Day of India was celebrated on January 26, 2020. The chief guest for the Republic Day parade in 2020 was Jair Bolsonaro, the President of Brazil. His visit aimed to strengthen the ties between India and Brazil. The Republic Day parade showcased India's military strength, cultural diversity and achievements.

36 Views

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 predications are made by the economist reagrding the consumer demand?

 

Option 1: People are settled in their routines 
 

Option 2: There will be further suppression in demand 
 

Option 3: Suppression of demand will be coming to an end 

Option 4: People still fear of the loss of jobs and salary cuts

Team Careers360 14th Jan, 2024

Correct Answer: Suppression of demand will be coming to an end 


Solution : The correct response is 3.

Suppression of demand will be coming to an end 
Explanation:

Examine the following statement:

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.

From the above lines it can be predicted that the suppresion of demand will be coming to an end in the future. So the correct option is 3

 

16 Views

Question : Westernisation in India has influenced:

 

Option 1: The revival of the joint family system

 

Option 2: The preference for traditional attire

Option 3: The adoption of English as a medium of education

Option 4: The decrease in the use of technology

Team Careers360 16th Jan, 2024

Correct Answer: The adoption of English as a medium of education


Solution : Westernisation in India has influenced the adoption of English as a medium of education, which is seen as a symbol of modernity and progress.

 

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