India
Question : What is the primary function of the capital market?
Option 1: Facilitating short-term borrowing and lending
Option 2: Financing long-term investments
Option 3: Trading foreign currencies
Option 4: Facilitating real estate transactions
Correct Answer: Financing long-term investments
Solution : The correct answer is (b) Financing long-term investments.
The primary function of the capital market is to facilitate the financing of long-term investments. The capital market provides a platform for individuals, businesses, and governments to raise funds for investment purposes. It allows the
Question : Which policy aims to create employment opportunities in rural areas in India?
Option 1: MGNREGA (Mahatma Gandhi National Rural Employment Guarantee Act)
Option 2: MNREGA (Mahatma National Rural Employment Guarantee Act)
Option 3: NREGA (National Rural Employment Guarantee Act)
Option 4: RGNREGA (Rajiv Gandhi National Rural Employment Guarantee Act)
Correct Answer: MGNREGA (Mahatma Gandhi National Rural Employment Guarantee Act)
Solution : The correct answer is (a) MGNREGA (Mahatma Gandhi National Rural Employment Guarantee Act)
The policy that aims to create employment opportunities in rural areas in India is the MGNREGA (Mahatma Gandhi National Rural Employment Guarantee Act). MGNREGA is
Question : India is a republic because
Option 1: It is democratic country
Option 2: It is a parliamentary democracy
Option 3: The head of the state is elected for a definite period.
Option 4: All of these
Correct Answer: The head of the state is elected for a definite period.
Solution : Correct Answer is The head of the state is elected for a definite period.
Republic, a system of government where representatives of the citizenry rule the state. Though who falls into the category of the
Question : The word "Utkala" in the National Anthem of India refers to the modern state of:
Option 1: Uttarakhand
Option 2: Andhra Pradesh
Option 3: Rajasthan
Option 4: Odisha
Correct Answer: Odisha
Solution : The correct answer is Odisha.
Utkalas were listed as being associated with the Kauravas in the Kurukshetra War. The Kingdom of Utkala was centred in the northern and eastern portions of the modern-day Indian state of Odisha and included some districts of West Bengal.
Question : In which year was the Insurance Regulatory and Development Authority of India set up?
Option 1: 2002
Option 2: 1999
Option 3: 2011
Option 4: 1995
Correct Answer: 1999
Solution : The correct answer is 1999.
In line with the suggestions of the Malhotra Committee report in 1999, the Insurance Regulatory and Development Authority (IRDA) was established as an independent entity to oversee and foster the growth of the insurance sector. Formally constituted as a statutory
Question : Which area has become a key focus of cooperation between India and the USA in recent years?
Option 1: Space exploration
Option 2: Renewable energy
Option 3: Cybersecurity
Option 4: All of the above
Correct Answer: All of the above
Solution : In recent years, cooperation between India and the USA has expanded to include key areas such as space exploration, renewable energy, and cybersecurity.
Question : How many medal(s) did India win in the World Athletics Championship 2022?
Option 1: 4
Option 2: 2
Option 3: 3
Option 4: 1
Correct Answer: 1
Solution : The correct answer is 1.
India participated in the 2022 World Athletics Championships in Eugene, Oregon, from July 15 to 24, with a contingent of 21 athletes. The championships marked a historic moment for India as Neeraj Chopra secured the nation's first silver medal
Question : The President of India may be removed from office by impeachment for:
Option 1: any criminal offence
Option 2: violation of the constitution
Option 3: unsoundness of mind
Option 4: moral degradation
Correct Answer: violation of the constitution
Solution : The correct option is a violation of the Constitution.
The term "violation of the Constitution" refers to actions or behaviours by the President that are in direct contravention of the principles and provisions laid out in the Constitution of India. The
Question : Which of the following pair is incorrect ?
Option 1: Comrade - Mohammad Ali
Option 2: Indian Sociologist - Lala Har Dayal
Option 3: Young India - Lala Lajpat Rai
Option 4: Common Wealth - Annie Besant
Correct Answer: Young India - Lala Lajpat Rai
Solution : Correct Answer is Young India - Lala Lajpat Rai
Young India was an English magazine published by The Father of the Nation Mohandas Karmchand Gandhi between 1919 and 1931. The aim of the magazine was to spread the message of
Question : In India, special economic zones were established to enhance:
Option 1: Free trade
Option 2: Foreign Investment
Option 3: Employment
Option 4: Technology Development
Correct Answer: Foreign Investment
Solution : The correct answer is Foreign Investment.
In India Special Economic Zones are established under the The Special Economic Zones Act, 2005. The first Special Economic Zone in India is the Kandla Special Economic zone, which was set up in the year 1965. A SEZ
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