Correct Answer: union legislature

Solution : The correct option is the union legislature.

The residuary powers—that is, the power to legislate on matters not explicitly mentioned in the three lists (Union List, State List, and Concurrent List) of the Seventh Schedule of the Constitution—lie with the Parliament of India (Union Legislature). This means that if a subject matter does not fall within the jurisdiction of the states or is not part of the concurrent jurisdiction, the Parliament has the authority to legislate.

Correct Answer: Both debt and equity markets

Solution : The correct answer is (c) Both debt and equity markets

The Securities and Exchange Board of India (SEBI) regulates both debt and equity markets in India. SEBI is the regulatory body responsible for overseeing and regulating the securities market in the country. It is established under the Securities and Exchange Board of India Act, 1992. SEBI regulates various aspects of debt and equity markets, including issuance and trading of securities, disclosure and reporting requirements, investor protection, market intermediaries, stock exchanges, mutual funds, and other market participants. Its mandate is to maintain a well-regulated and orderly securities market and to foster investor confidence in the Indian capital markets.

Correct Answer: Statement 1 is true, but statement 2 is false.
 

Solution : The correct answer is (b) Statement 1 is true, but statement 2 is false.

Statement 1 is true. Entrepreneurship development programs often provide aspiring entrepreneurs with training, mentoring, and access to financial resources to help them start and grow their businesses.

Statement 2 is false. The Stand Up India scheme is not limited to promoting entrepreneurship among SC/ST entrepreneurs only. It aims to support entrepreneurship among women and SC/ST entrepreneurs, providing financial assistance and support to promote inclusivity and diversity in entrepreneurship.

Correct Answer: 1942

Solution : The correct answer is 1942.

Sir Richard Stafford Cripps led the Cripps India mission, which was sent to India by the British government in March 1942 to win India's support in World War II. The proposal offered dominion status and autonomy in both external and internal affairs to India, as well as the right to secede for princely states or states that did not wish to join the Indian Union.

Correct Answer: Bhavani Devi

Solution : The correct answer is Bhavani Devi.

The first Indian athlete to represent India in fencing at the Olympics was Bhavani Devi of Chennai. Tokyo Olympics 2020: Preliminary activities started on July 21, and the international multi-sport event took place in Tokyo, Japan, from July 23 to August 8, 2021. India achieved its greatest medal count in more than 40 years, placing 48th in Tokyo.

Correct Answer: B. R. Ambedkar

Solution : The correct answer is B. R. Ambedkar.

B. R. Ambedkar organized the "All India Depressed Classes Association" in colonial India. He founded the "All India Depressed Classes Association" in 1930, which later evolved into the "Scheduled Castes Federation" to address the social and political issues faced by the Dalits.

Correct Answer: Led to the formation of the first coalition government at the Centre

Solution : The 1977 elections marked a significant shift as they led to the formation of the first coalition government at the Centre, with the Janata Party coming to power.

Correct Answer: LIC of India

Solution : The correct option is LIC of India.

The Pradhan Mantri Vaya Vandana Yojana has been introduced by the Indian Government for citizens 60 years of age and older. The exclusive right to run this programme has been granted to the LIC of India.

Correct Answer: The issuing company

Solution : The correct answer is (d) The issuing company

The tenure of debentures is determined by the issuing company. The company that issues the debentures specifies the maturity period or the duration for which the debentures will be outstanding before they are redeemed. The maturity period can vary depending on the company's financing needs, long-term plans, and the terms decided at the time of issuance. While regulatory authorities such as the Reserve Bank of India (RBI) and the Securities and Exchange Board of India (SEBI) (options a and b) oversee and regulate aspects of debenture issuances in India, they do not directly determine the tenure of debentures. These regulatory bodies provide guidelines and regulations to ensure investor protection, fair practices, and transparency in the issuance and trading of debentures.

Correct Answer: Article 77

Solution : The correct answer is Article 77.

Article 77 of the Indian Constitution states that all executive actions of the Government of India shall be expressed to be taken in the name of the President. It deals with the conduct of business by the Government of India, or it lays forth the framework for how the Indian government operates.