India
Question : Choose which of the following statements is not correct.
Option 1: Debentures Redemption Investment is made by all companies redeeming the debentures.
Option 2: All India Financial Institutions (AIFIs), Banking Companies and Other Financial Institutions are not required to set aside amount to Debentures Redemption Reserve.
Option 3: Unlisted NBFCs and HFCs are not required to invest 15% of Outstanding Debentures in Specified Securities.
Option 4: Debentures Redemption Reserve can be used only for redemption of debentures.
Correct Answer: Debentures Redemption Investment is made by all companies redeeming the debentures.
Solution : Answer = Debentures Redemption Investment is made by all companies redeeming the debentures.
All India Financial Institutions (AIFIs), Banking Companies and Other Financial Institutions are not required to set aside amounts to Debentures Redemption Reserve.
Question : Statement 1: The Rashtriya Swasthya Bima Yojana (RSBY) provides health insurance coverage to unemployed individuals.
Statement 2: RSBY is a government initiative to address the health needs of the rural population 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: Statement 1 is false, statement 2 is true.
Solution : The correct answer is (d) Statement 1 is false, statement 2 is true.
Statement 1 is false. The Rashtriya Swasthya Bima Yojana (RSBY) does not specifically provide health insurance coverage to unemployed individuals. It focuses on providing health
Question : What is the primary reason for the formation of regional parties in India?
Option 1: Economic disparities
Option 2: Cultural differences
Option 3: Political ambitions
Option 4: Social inequalities
Correct Answer: Cultural differences
Solution : Correct Option: Option 2 Explanation: Regional parties in India often form due to cultural differences and the desire to represent regional interests and identities in the political arena.
Question : Which of the following is a function of the Reserve Bank of India (RBI)?
Option 1: Regulating the stock market
Option 2: Controlling inflation and monetary policy
Option 3: Issuing government bonds
Option 4: Regulating mutual funds
Correct Answer: Controlling inflation and monetary policy
Solution : The correct answer is (b) Controlling inflation and monetary policy.
The Reserve Bank of India (RBI) is the central bank of India. It is responsible for managing the country's monetary policy, which includes controlling inflation. The RBI also regulates the banking
Question : January 26 was selected as the date for the inauguration of the constitution because __________.
Option 1: 26th January was considered to be an auspicious day.
Option 2: On 26th January, the Quit India movement was started in 1942.
Option 3: on 26th January, The Congress observed it as Independence Day in 1930.
Option 4: None of these.
Correct Answer: on 26th January, The Congress observed it as Independence Day in 1930.
Solution : The correct answer is The Congress had observed it as Independence Day in 1930.
January 26 was the selected date for the inauguration of the Indian Constitution because it marks an important day in
Question : The First National Park of India that was established in 1936 was named as
Option 1: Kanha National Park
Option 2: Bharatpur National Park
Option 3: Hailey National Park
Option 4: Rajaji National Park
Correct Answer: Hailey National Park
Solution : The correct option is Hailey National Park.
The oldest national park in India is Jim Corbett National Park, first formed as Hailey National Park in 1936 to safeguard tigers at risk of extinction. After the naturalist Jim Corbett, who had been instrumental
Question : The main factor for the accelerated growth of population in India is
Option 1: low birth rate and low death rate
Option 2: a high birth rate and a falling death rate
Option 3: a rising birth rate and a rising death rate
Option 4: a high birth rate and high death rate
Correct Answer: a high birth rate and a falling death rate
Solution : The correct answer is a high birth rate and a falling death rate.
India will have a mortality rate of 7.416 per 1,000 inhabitants in 2023. One of the key reasons for India's population expansion is a
Question : There are few words missing in the passage given below. The options given contain an answer that will fit in those given blanks. Pick up the correct word to be used to make the sentence coherent and grammatically correct.
The depression which is likely to form this month around the islands of Andaman will 1) __________________ monsoon advancement and help to regulate the June to September rain fall cycle, which is also considered to crucial for India’s economy, to arrive around the expected time in Kerala around first week of June, the India Meteorological Department (IMD) said on Thursday.
In charge of IMD’s cyclones monitoring Ananda Kumar Das, 2) __________________ satellite image and said the Intertropical Convergence Zone (ITCZ), which appears to be a band of clouds 3) __________________ the globe near the equator and is mainly responsible for the wet and dry seasons in the tropics, is very 4) __________________. He also said that this indicates a monsoon surge will be created soon. “The depression will help establish the cross-equatorial flow. The 5) __________________ of the depression will further help monsoon arrive around the normal time over Kerala around June 1 with an error margin of +/-5 days,” said Das.
Choose the correct word to be used in blank 2.
Option 1: cited
Option 2: promoted
Option 3: aggravated
Option 4: expedite
Correct Answer: cited
Solution : The correct answer is cited.
In charge of IMD’s cyclones monitoring Ananda Kumar Das, cited satellite image and said the Intertropical Convergence Zone (ITCZ)
Explanation:
To make the sentence coherent, the one and only word that will fit the blank is cited. It means to
Question : Who among the following Peshwas signed the Treaty of Bassein with the British East India Company?
Option 1: Baji Rao II
Option 2: Madhav Rao
Option 3: Narayan Rao
Option 4: Balaji Baji Rao
Correct Answer: Baji Rao II
Solution : The correct answer is Baji Rao II.
The Peshwa who signed the Treaty of Bassein with the British East India Company was Baji Rao II on December 31, 1802. Baji Rao II was the Maratha Peshwa of Pune. The treaty was signed
Question : The rate at which the Reserve Bank of India lends to other commercial banks for the short term has been reduced. What is this rate called?
Option 1: Cash Reserve Rate
Option 2: Reverse Repo Rate
Option 3: Bank Rate
Option 4: Repo Rate
Correct Answer: Repo Rate
Solution : The correct option is the Repo Rate.
The rate at which the Reserve Bank of India (RBI) lends to other commercial banks for the short term is called the repo rate. When the RBI reduces the repo rate, it is typically done to
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