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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. |
India has approved an agreementwith which country for exchange oftax related information?1).Australia2).Samoa3).West Indies4). Tuvalu |
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| 2. |
Which of the following is a currencyestablished as money by governmentregulation or law but it is not backedby any commodity, such as gold,silver etc., but only by the faith of thebearer?1). Commodity Money2).Representative Money3). Fiat Money4). Fiduciary currency |
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| 3. |
According to Fitch, India's economicgrowth rate is expected to accelerateto how much per cent in the currentfiscal?1). 7.7 per cent2). 7.2 per cent3). 7.5 per cent 4). 7.1 per cent |
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| 4. |
Which among the following is themost important source region of NRIremittances to India ?1). North America 2). Europe3). Middle East 4).Asia Pacific |
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| 5. |
V.O. Chidambaranar Port bagged National Award for excellence in Cost Management for the year 2015 from the Institute of Cost Accountants of India. The port is situated in the state1). Kerala2).Tamil Nadu3). Telangana4). Madhya Pradesh |
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| 6. |
What is the full form of PBDIT?1).Profit Before Debt, Interest andTaxes2). Profit Before Debit, Interest andTaxes3).Profit Before Depreciation, Interestand Taxes4). None of these |
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| 7. |
How much amount has been allottedfor MGNREGA for 2016-17?1). `9500 Crore2). `35,500 Crore3). `38,500 Crore4). `27,500 Crore |
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| 8. |
The International DevelopmentAssociation, a lending agency, isadministered by the:1). International Bank forReconstruction and Development2). International Fund forAgricultural Development3).United Nations DevelopmentProgramme4).United Nations IndustrialDevelopment Organization |
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| 9. |
Which of the following does not formpart of current account of Balance ofPayments?1). Export and import of goods2). Export and import of services3).Income receipts and payments4). Capital receipts and payment |
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| 10. |
Chairperson of 1st Law Commission ofIndia is1). Mc Setalvad2).Balbir Singh Chauhan3). AP Shah4). Pv Reddi |
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| 11. |
How could RBI increase the moneysupply in the market?1).Buying government securities2). selling government securities3).Borrowing money from commercialbanks4). none of the given choices |
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| 12. |
1). (i) & (ii) 2). (ii) & (iii)3). (i) & (iii) 4).(i), (ii) & (iii) |
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| 13. |
Which of the following is an apexfinancing agency for the institutionsproviding investment and productioncredit for promoting the variousdevelopmental activities in rural areas?1). RBI 2). NABARD3). SIDBI4). RRB |
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| 14. |
What does Special Drawing Rights(SDR) mean?1).A measure of a country’s reserveassets in the international monetarysystem.2). A specified minimum fraction ofthe total deposits of customers,which commercial banks have tohold as reserves either in cash oras deposits with the central bank.3). A comprehensive measure usedfor estimation of price changesin a basket of goods and servicesrepresentative of consumptionexpenditure in an economy4). none of the above |
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| 15. |
Which one of the following agenciesis not included in the operation of theKisan Credit Cards?1). Co-operative Banks2).Regional Rural Banks3).Scheduled Commercial Banks4). NABARD |
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| 16. |
The BRICS New Development Bankapproved its first credit of loans toIndia in the field of1). Housing Projects2). Renewable Energy3).Rural Inclusive Growth Project4).Solar Power Generation |
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| 17. |
Adam Smith in his book, The Wealthof Nations, developed a theory about:1). communism2).capitalism3).regulating foreign investment4).ensuring internal order |
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| 18. |
1).I – b, II – c, III – a2).I – a, II – c, III – b3). I – c, II – a, III – b4).I – a, II – c, III – b |
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| 19. |
Interest rates for Small SavingsSchemes will remain unchangedfor the next quarter beginning July,government notified. Presently therate of interest for both Five YearNational Savings Certificate andPublic Provident Fund Schemeis........?1). 7.9 per cent2). 8.1 per cent3). 7.7 per cent4). 7.8 per cent |
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| 20. |
The tribe relied on hunting and farmingfor food. The boy knew he would be afarmer just like his dad had been. Whatkind of economic system does thisdescribe?1). command economy2).traditional economy3). free market economy4).mixed economy |
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| 21. |
India and which of the followingcountry launched a platform to promote and facilitate investmentsfrom the east Asian country recently?1). South Korea2). Thailand3). China 4). Japan |
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| 22. |
The Government of India has establishedNITI Aayog to replace the1).Human Rights Commission2). Finance Commission3).Law Commission4). Planning Commission |
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| 23. |
Delhi-Mumbai Industrial Corridorconnects the political and business capitalof India. Arrange the State from highestto lowest in terms of the length of thecorridor passing through them.1).Maharashtra-Gujarat-Rajasthan-NCR of Delhi2).NCR of Delhi-Uttar Pradesh-Rajasthan-Maharashtra3).Rajasthan-Gujarat-Maharashtra-NCR of Delhi4). Maharashtra-Rajasthan-Uttar Pradesh-NCR of Delhi |
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| 24. |
The Ministry of Finance is an importantministry within the Government ofIndia. It concerns itself with1). taxation2). financial legislation3). financial institutions4). All of the above |
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| 25. |
How much percent of FDI hasbeen allowed in credit informationcompanies by RBI?1). 49%2). 22%3). 100% 4). 51% |
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| 26. |
Real national income measures:1).Nominal national income adjustedfor population change2). Nominal national income adjustedfor unemployment3).Nominal national income adjustedfor inflation4). Nominal national income adjustedfor exchange rates |
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| 27. |
What was the aim of AntyodayaProgramme?1).Elimination of Urban Poverty2). Improving the standards of scheduled castes3). Uplifting minorities4).Helping the poorest among poor |
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Answer» uplift of URBAN and rural poor through enhancement of LIVELIHOOD opportunities through skill development and other means. None of the above options are exactly correct but Option (1) MAY be selected as BEST of 4 options. |
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| 28. |
Special drawing rights are not…1). a credit line allocated by the IMF tomember countries according to eachcountry’s quota.2). backed by US dollars.3). the IMF’s unit of account.4). a basket of four currencies |
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| 29. |
As per the CSO classification, whichof the following does not fall underfinance and real estate category?1).Banking 2). Construction3). Insurance4).Real estate |
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| 30. |
Which one of the following statementsis an appropriate description ofdeflation?1).It is a sudden fall in the value of acurrency against other currencies2).It is a persistent recession in boththe financial and real sectors ofeconomy3). It is a persistent fall in the generalprice level of goods and services4). It is a fall in the rate of inflationover a period of time |
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| 31. |
1). I & II2).Only I3). Only II4). one of the above |
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| 32. |
Which of the following statementscorrectly expresses the differencebetween preference shares and equityshares?1).equity shareholders have novoting right but preferenceshareholders have voting rights2). preference shareholders haveno have voting rights but equityshareholders have voting rights3).preference shareholders haveno right to profit whereas equityshareholders have a right to profit4). preference shareholders getexemption from taxes whileequity shareholders do not getany exemption |
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| 33. |
1). 1 and 3 2). 1, 2 and 33). 1, 3 and 4 4). All of them |
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| 34. |
Law Commission is a1).constitutional body2). statutory body3). advisory body4).advisory and adhoc body |
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| 35. |
How many Central Public SectorEnterprises are there as on March, 2015?1). 2962). 2983). 297 4).300 |
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| 36. |
1). 1,2,3 2). 1,3,43).1,3 4). 1,2 |
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| 37. |
1). 1 o n l y2). 2 only3). both 1 and 24). none of them above |
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