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This section includes 7 InterviewSolutions, each offering curated multiple-choice questions to sharpen your Current Affairs knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
Administrative Reform Commission(ARC) give recommendation on1). administrative system2).law reform3).fundamental rights4).procedure of court |
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| 2. |
Name the portal launched by theReserve Bank of India (RBI) to checkillegal money collection?1). Sanchay2).Sachet3). Sanchit4).Nirikshak |
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| 3. |
A mixed economy is characterised bythe co-existence of1). Modern and traditionalindustries2). Public and private sectors3). Foreign and domesticinvestments4). Commercial and subsistencefarming |
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| 4. |
In a capitalist economy, the questionof how society chooses to employthe resources to produce goods andservices is determined by1). business2). government3). government & business4). all of the above |
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| 5. |
Macroeconomics is a study of economicsthat deals with which 4 major factors:1). households, firms, government,and demand-supply2). households, firms, governmentand external sector3).firms, government, free-market,and regulations4).none of the above |
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Answer» households, FIRMS, government and external sector Macroeconomics is a branch of economics DEALING with the performance, structure, BEHAVIOR, and decision-making of an economy as a whole RATHER than individual markets |
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| 6. |
FDI is an acronym that stands for:1). ederation of direct investors 2). federal diversification initiative3). foreign direct investment4).formal direct internationalization |
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| 7. |
Which one of the following countrieshas the highest share in the WorldExport among the Asian countries? 1). South Korea2). Singapore3). India4). China |
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| 8. |
Which one of the following activitiescan be included in the primary sector?1).Giving lans to the farmer2). Making Sugar from sugar cane3). Cultivating Sugar cane4). Providing storage facility for the grains |
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| 9. |
Which of the following accounts forthe maximum share in India's foreignexchange reserves?1). Gold reserves2). NRI deposits3). Special depository receipts4).Foreign currency assets |
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| 10. |
Equilibrium in the market for good A obtains1). when there is no surplus orshortage prevailing in the market2). where the demand and supplycurves for A intersect3). when all of what is produced of A is consumed4). all of the above |
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| 11. |
Which of the following is not one of theInternational Development Targets ofthe Millennium Development Goals?1).Reducing the number of personsliving in extreme poverty by onehalf of 20152).Universal primary education by20153).Reduction of infant and childmortality by 2/3rd by 20154).Reducing the total population by1/3rd |
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| 12. |
_____ sector was the largest contributorto GDP during the Ninth Plan? 1). Manufacturing2). Trade3). Information technology4). Financial services |
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| 13. |
The Employment Assurance Schemeenvisages financial assistance to ruralareas for guaranteeing employment toat least1). 50 per cent of the men and womenseeking jobs in rural areas2).50 per cent of the men seeking jobsin the rural areas3).one man and one women in a ruralfamily living below the poverty line4). one person in a rural landless household living below the poverty line |
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Answer» ONE man and one WOMEN in a rural FAMILY living below the POVERTY LINE |
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| 14. |
Structural unemployment arises due to:1).deflationary conditions2).heavy industry bias3).shortage of raw materials4).inadequate productive capacity |
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| 15. |
1). 1 and 2 2). 3 and 43). 1 and 44). 1, 2, 3, 4 |
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| 16. |
1). Only 1 2). 1 and 33). All of there4).None of these |
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| 17. |
As per Section 24 (2A) of BankingRegulation Act 1949, every bankingcompany in India has to maintainequivalent to an amount which shallnot at the close of the business on______ be less than 25% ofthe total of its net demand and timeliabilities, which is known as SLR.Which among the following is thecorrect option?1). Any Day2). Any Week3). Any Fortnight4). Any Month |
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| 18. |
Which among the following is thecorrect full form of SIDO?1).Small Industries DevelopmentOrganization2).Sick Industries DevelopmentOrganization3). Small Industries DevelopmentOffice4).State Industrial DevelopmentOrganization |
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| 19. |
1). 1 only 2).2 and 43). 1, 3 and 4 4). 1, 2, 3 and 4 |
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| 20. |
1). 1 and 2 only 2).2 only3). 1 and 3 only 4).1, 2 and 3 |
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| 21. |
The central nodal agency for implementingthe price support operations forcommercial crops is:1).NAFED 2). NABARD3). TRIFED4). FCI |
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| 22. |
Economic Survey 2015-16 projects thatthe real GDP growth for the currentfinancial year and for 2016-17 will be inthe range of ________.1). 7 – 8 %2).7.5 – 8 %3).No Change 4). 7 – 7.5 % |
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| 23. |
Foreign Direct Investment involves:1). A speculator trying to make aprofit by buying company shareson a foreign stock exchange.2).A UK energy company buyingterritory abroad where it expectsto find oil reserve3). A tourist purchasing foreigncurrency to spend on a holidayabroad.4). A company signing an agreementwith a wholesaler to distribute itsproducts in foreign markets |
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| 24. |
1). 1 only2).2 only3). 3 only4). All of the above |
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| 25. |
With which country union Cabinetapproved revised Double TaxationAvoidance Agreement (DTAA) foravoidance of double taxation andprevention of fiscal evasion withrespect to taxes on income?1). Fiji 2). Finland3).France4). Cyprus |
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| 26. |
In which of the following years was theFood Corporation of India (FCI) set up ?1).1955 2). 19603). 19654). 1970 |
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| 27. |
Which of the following is related to theEPCG Scheme of Central Government?1). Foreign Investment2). Foreign Trade3).Communication4). Banking |
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| 28. |
1). 2 4 3 12).2 4 2 33). 3 4 2 14). 1 2 3 4 |
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| 29. |
Which of the following ministry haslaunched an e-marketplace for onlinepurchase of goods and services byvarious central government ministriesand departments which aimed atbringing in more transparencyand streamlining the governmentprocurement of goods and services?1). Ministry of Commerce2).Ministry of Consumer Affairs,Food and Public Distribution3).Ministry of Railways4).Ministry of Food ProcessingIndustries |
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| 30. |
Name the financial technologycompany which has tied up with ICICIBank to launch Unified PaymentInterface (UPI) for merchants.1).Catalyst Labs2). StoreKey3).AirtimeUp4). ftcash |
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| 31. |
The Taxation Laws (Amendment)Bill, 2016 passed in Lok Sabha seeksto amend the Income Tax Act of theyear?1). 19562). 19613). 19754).1993 |
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| 32. |
NABARD was established in the1). Fourth Five Year Plan2). Fifth Five Year Plan3). Sixth Five Year Plan4). Eighth Five Year Plan |
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| 33. |
1). Only II2). Only I3). Only III4). None of the above |
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| 34. |
In which five year plan in IndianEconomy, the targets for the cropfunction were not fixed for the firsttime-1). Seventh five year plan2). Eighth five year plan3). Ninth five year plan4). Tenth five year plan |
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| 35. |
1). 1, 2, 3 and 4 2).1, 2 and 33). 3 only 4).4 only |
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| 36. |
1). I & II 2).II & IV3).Only III4).All the above |
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| 37. |
A systematic record of all economictransactions completed betweenresidents of a country and the rest of theworld in a year is known as..?1). Net Capital Flow2). Balance of Payment3). Balance of Trade4). Absolute Flow |
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| 38. |
What does the term "paper gold"mean?1).it is a reserve assets in theInternational Monetary Funddesigned to supplement reservesof gold and convertible currenciesused to maintain stability in theforeign exchange market2). it is special type of paper madeout of gold3).it is a currency prevailing only inEuropian Union4).None of the above options |
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| 39. |
Which of the following organisationprovides guarantee to exporters?1). EXIM Bank2).Export Loan GuaranteeCorporation3).RBI4). Commerce Ministry |
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| 40. |
1). 1 2 3 4 2). 2 3 4 13). 3 4 1 2 4). 4 3 2 1 |
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| 41. |
Over how many years periodic reviewof the "Miniratna" & "Navratna" statusof public enterprises on the basis oftheir performance?1). every year 2). 2 years3). 3 years 4). 4 year |
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| 42. |
The Rural Infrastructure DevelopmentFund (RIDF), which is used by the stategovernments to develop infrastructurein rural areas, is managed by whichamong the following?1).IDBI2). RBI3). NABARD4).Rural Ministry of India |
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| 43. |
Industrial sector depends on agriculturesector because1).Agriculture provides food grains toindustrial works2).Agriculture supplies raw materialsto industries3). Agricultural sector provides marketfor industrial products4).All the above |
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| 44. |
Under which of the give circumstance(s)RBI might sell the GovernmentSecurities in open market?1).In a condition when banks haverequire liquidity2).In a condition when inflow ofForeign Funds is very high3).None of the given choices4). In a condition when inflow ofForeign Funds is very low |
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| 45. |
India's food services industry isexpected to reach $77 billion by_____.1). 2028 2). 20233). 2018 4). 2021 |
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| 46. |
1). Only 1 is correct2). Only 2 is correct3). Both 1 and 2 are correct4). Neither 1 nor 2 is correct |
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| 47. |
1). Only 1 is correct2).Only 2 is correct3).Both 1 and 2 are correct4).Neither 1 nor 2 is correct |
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| 48. |
1). Only I2). II & III3). Only III4).None of the above |
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| 49. |
1). 1 only 2). 2 only3). Both 1 and 2 4). Neither 1 nor 2 |
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| 50. |
1). 1, 2, 3, 4 2).1, 23). 3, 4 4).1, 4 |
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