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Question : Import substitution strategy is commonly called _____.

Option 1: make in India campaign

Option 2: outward-looking trade strategy

Option 3: balanced trade strategy

Option 4: inward-looking trade strategy

Team Careers360 21st Jan, 2024

Correct Answer: inward-looking trade strategy


Solution : The correct option is an inward-looking trade strategy.

Inward-looking trade strategy, also known as import substitution industrialisation (ISI), is an economic approach where a country emphasises the domestic production of goods and services to reduce reliance on imports. Governments often impose high tariffs

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Question : Case Study 18:

A consumer purchased a laptop and found that the technical specifications were misrepresented in the advertisement. The consumer feels cheated and wants to take action against the manufacturer. Which authority can the consumer approach for redressal?

 

Option 1: District Consumer Disputes Redressal Forum

Option 2: State Consumer Disputes Redressal Commission

Option 3: Advertising Standards Council of India (ASCI)

Option 4: National Consumer Disputes Redressal Commission

Team Careers360 19th Jan, 2024

Correct Answer: National Consumer Disputes Redressal Commission


Solution : The correct answer is (d) National Consumer Disputes Redressal Commission

In the case where a consumer has purchased a laptop and found that the technical specifications were misrepresented in the advertisement, the consumer can typically approach the National Consumer Disputes Redressal

19 Views

Question : Palk Strait separates

Option 1: India and Pakistan

Option 2: India and Burma

Option 3: India and Sri Lanka

Option 4: India and Afghanistan

Team Careers360 21st Jan, 2024

Correct Answer: India and Sri Lanka


Solution : The correct option is India and Sri Lanka.

The Jaffna District of Sri Lanka and Tamil Nadu in India are separated by the Palk Strait. It links Palk Bay in the southwest with the Bay of Bengal in the northeast. It measures

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Question : Who among the following was the founder of the Aligarh Movement, which was largely responsible for the revival of Muslims in India?

Option 1: Mirza Ghulam Ahmad

Option 2: Muhammad Iqbal

Option 3: Abdul Ghaffar Khan

Option 4: Sayyid Ahmad Khan

Team Careers360 17th Jan, 2024

Correct Answer: Sayyid Ahmad Khan


Solution : The Correct option is Sayyid Ahmad Khan.

Sayyid Ahmad Khan was a prominent 19th-century Indian Muslim scholar, reformer, and educator. He played a crucial role in advocating for the modern education of Muslims in India during a time when educational opportunities were

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Question : Which international financial institution provided financial assistance to India during the 1991 crisis?

 

Option 1: World Bank

Option 2: International Monetary Fund (IMF)

Option 3: Asian Development Bank (ADB)

Option 4: New Development Bank (NDB)

Team Careers360 23rd Jan, 2024

Correct Answer: International Monetary Fund (IMF)


Solution : The correct answer is (b) International Monetary Fund (IMF).

The International Monetary Fund provided financial assistance to India to help address the balance of payments crisis and stabilize its economy. The IMF's support included the provision of loans and the implementation of

12 Views

Question : P.K. Banerjee, who was the legendary footballer of India, used to play as a:

Option 1: goalkeeper

Option 2: striker

Option 3: midfielder

Option 4: defender

Team Careers360 25th Jan, 2024

Correct Answer: striker


Solution : The correct answer is the striker.

Pradip Kumar Banerjee (P.K. Banerjee) was an Indian professional footballer who played as a striker. He was also the captain of the Indian Football team and later became the coach of it. He represented India in 45 official

18 Views

Question : French possessions in India were restored after the Battle of Wandiwash by the Treaty of ________ signed in the year 1763 between Britain and France.

Option 1: Paris

Option 2: Surat

Option 3: Tordesillas

Option 4: Purandar

Team Careers360 22nd Jan, 2024

Correct Answer: Paris


Solution : The correct option is Paris.

The Treaty of Paris, signed in 1763, concluded the hostilities of the Seven Years' War (also known as the French and Indian War) and resulted in the restoration of French possessions in India to France. The British forces, led

16 Views

Question : In the middle of which century did the Arab traveller Sulaiman visit India?

Option 1: 15th

Option 2: 9th

Option 3: 11th

Option 4: 6th

Team Careers360 17th Jan, 2024

Correct Answer: 9th


Solution : The correct answer is 9th.

The Arab traveller Sulaiman visited India in the middle of the 9th century. His travels during the 9th century. Sulaiman is known for his accounts of trade and commerce in India during that period. Sulaiman's primary purpose for visiting

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Question :

 Which of the following is the Regulator of the credit rating agencies in India?

Option 1:

RBI

Option 2:

SBI

Option 3: SIDBI

 

Option 4: SEBI

Team Careers360 17th Jan, 2024

Correct Answer: SEBI


Solution : The correct option is SEBI.

The Securities and Exchange Board of India (SEBI) oversees credit rating agencies in India. The Indian securities market is governed by SEBI, which also regulates other facets of the financial markets, such as credit rating agencies.

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