1. Priority Sector Lending by banks in India constitutes the lending to___
a. Agriculture:
b. Micro And Small Enterprises
c. Weaker Sections
d. All Of The Above
Answer: All Of The Above
2. To obtain full benefits of demographic dividend, what should India do?
a. Promoting skill development
b. Introducing more social security schemes
c. Reducing infant mortality rate
d. Privatization of higher education
Answer: Promoting skill development
3. Which one of the following is likely to be the most inflationary in its effect?
a. Repayment of public debt
b. Borrowing from the public to finance a budget deficit
c. Borrowing from banks to finance a budget deficit
d. Creating new money to finance a budget deficit
Answer: Repayment of public debt
4. Consider the following phenomena ___
1. Size of the sun at dusk
2. Colour of the sun at dawn
3. Moon being visible at dawn
4. Twinkle of stars in the sky
5. Polestar being visible in the sky
Which of the above are optical illusions?
a. 1,2 and 3
b. 3, 4 and 5
c. 1, 2 and 4
d. 2, 3 and 5
Answer: 1, 2 and 4
5. Consider the following statements:
1. The council of Ministers in the centre shall be collectively responsible to the Parliament.
2. The Union Ministers shall hold the office during the pleasure of the president of India.
3. The Prime Minister shall communicate to the president about the proposals for legislation.
Which of the statement given above is/are correct?
a. 1 only
b. 2 and 3 only
c. 1 and 3 only
d. 1, 2 and 3
Answer: 2 and 3 only
6.Quit India movement was launched in response to ?
a. Cabinet mission plan
b. Cripps proposals
c. Simon Commission report
d. Wavell plan
Answer: Cripps proposals
7. The people of India agitated against the arrival of Simon commission because?
a. Indians never wanted the review of the working of the act of 1919
b. Simon commission recommended the abolition of Dyarchy (Diarchy) in the provinces
c. There was no Indian member in the Simon commission
d. The Simon commission suggested the partition of the country
Answer: There was no Indian member in the Simon commission
8. An increase in the bank rate generally indicates that the?
a. The market rate of interest is likely to fall
b. The Central bank is no longer making loans to commercial banks
c. The Central bank is following an easy money policy
d. Central bank is following a tight money policy
Answer: Central bank is following a tight money policy
9. In India, deficit financing is used for raising resources for?
a. Economic development
b. Redemption of public debt
c. Adjusting the balance payments
d. Reducing the foreign debt
Answer: Economic development
10. Which among the following Harappan site has been divided into three parts?
a. Dholavira
b. Surkotda
c. Daimabad
d. Mohenjodaro
Answer: Dholavira
Post a Comment