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Exam Year: 2012

  • ,

    Which of the following provisions of the Constitution of India have a bearing on Education?
    1. Directive Principles of State Policy
    2. Rural and Urban Local Bodies
    3. Fifth Schedule
    4. Sixth Schedule
    5. Seventh Schedule
    Select the correct answer using the code given below:

    (a)

    1 and 2 only

    (b)

    3, 4 and 5 only

    (c)

    1, 2 and 5 only

    (d)

    1, 2, 3, 4 and 5

    Correct Answer:

    (d)

  • ,

    The Reserve Bank of India (RBI) acts as a bankers’ bank. This would imply which of the following?
    1. Other banks retain their deposits with the RBI.
    2. The RBI lends funds to the commercial banks in times of need.
    3. The RBI advises the commercial banks on monetary matters.

    (a)

    2 and 3 only

    (b)

    1 and 2 only

    (c)

    1 and 3 only

    (d)

    1, 2 and 3

    Correct Answer:

    (d)

  • ,

    Which of the following would include Foreign Direct Investment in India?
    1. Subsidiaries of companies in India
    2. Majority foreign equity holding in Indian companies
    3. Companies exclusively financed by foreign companies
    4. Portfolio investment

    (a)

    1, 2 and 3 only

    (b)

    2 and 4 only

    (c)

    1 and 3 only

    (d)

    1, 2 and 3 only

    Correct Answer:

    (d)

  • ,

    How does the National Rural Livelihood Mission seek to improve livelihood options of rural poor?
    1. By setting up a large number of new manufacturing industries and agri-business centres in rural areas
    2. By strengthening ‘Self-Help Groups’ and providing skill development
    3. By supplying seeds, fertilizers, diesel pumpsets, and micro-irrigation equipment free of cost to farmers

    (a)

    1 and 2 only

    (b)

    2 only

    (c)

    1 and 3 only

    (d)

    1, 2 and 3

    Correct Answer:

    (b)

  • ,

    The Multi-dimensional Poverty Index developed by Oxford Poverty and Human Development Initiative with UNDP support covers which of the following?
    1. Deprivation of education, health, assets and services at household level
    2. Purchasing power parity at national level
    3. Extent of budget deficit and GDP growth rate at national level

    (a)

    1 only

    (b)

    2 and 3 only

    (c)

    1 and 3 only

    (d)

    1, 2 and 3

    Correct Answer:

    (a)

  • ,

    What is/are the recent policy initiative(s) of Government of India to promote the growth of manufacturing sector?
    1. Setting up of National Investment and Manufacturing Zones
    2. Providing the benefit of ‘single window clearance’
    3. Establishing the Technology Acquisition and Development Fund (TADF)

    (a)

    1 only

    (b)

    2 and 3 only

    (c)

    1 and 3 only

    (d)

    1, 2 and 3

    Correct Answer:

    (d)

  • ,

    Under which of the following circumstances may ‘capital gains’ arise?
    1. When there is an increase in the sales of a product
    2. When there is a natural increase in the value of the property owned
    3. When you purchase a painting and there is a growth in its value due to increased demand

    (a)

    1 only

    (b)

    2 and 3 only

    (c)

    2 only

    (d)

    1, 2 and 3

    Correct Answer:

    (b)

  • ,

    Consider the following statements: The price of any currency in international market is decided by the
    1. World Bank
    2. Demand for goods/services provided by the country concerned
    3. Stability of the government of the concerned country
    4. Economic potential of the country in question
    Which of the statements given above are correct?

    (a)

    1, 2, 3 and 4

    (b)

    2 and 3 only

    (c)

    3 and 4 only

    (d)

    1 and 4 only

    Correct Answer:

    (b)

  • ,

    How do District Rural Development Agencies (DRDAs) help in the reduction of rural poverty in India?
    1. DRDAs act as Panchayati Raj Institutions in certain specified backward regions of the country
    2. DRDAs undertake area-specific scientific study of poverty and malnutrition and prepare detailed remedial measures
    3. DRDAs secure inter-sectoral and inter-departmental coordination and cooperation for effective implementation of anti-poverty programs
    4. DRDAs watch over and ensure effective utilization of the funds intended for anti-poverty programs

    (a)

    1, 2 and 3 only

    (b)

    3 and 4 only

    (c)

    4 only

    (d)

    1, 2, 3 and 4

    Correct Answer:

    (b)

  • ,

    Which of the following measures would result in an increase in the money supply in the economy?
    1. Purchase of government securities from the public by the Central Bank
    2. Deposit of currency in commercial banks by the public
    3. Borrowing by the government from the Central Bank
    4. Sale of government securities to the public by the Central Bank

    (a)

    1 only

    (b)

    2 and 4 only

    (c)

    1 and 3 only

    (d)

    2, 3 and 4 only

    Correct Answer:

    (c)