Explore topic-wise InterviewSolutions in Current Affairs.

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.

What does Balance of Payments Account show? Name the two parts of Balance of Payments Account.

Answer»

Balance of Payments Account shows a record of its sources and uses of foreign exchange.

Two part of Balance of Payment Account are:

(i) Current Account

(ii) Capital Account

2.

List two items included in the balance of trade account. 

Answer»

Visible items Watch, Petrol, Electronic item.

3.

Name the items included in the balance of trade account.

Answer»

The items included in the balance of trade account are:

  • Exports of visible items (goods)
  • Imports of visible items (goods)
4.

Name two invisibles of the balance of payments account.

Answer»

Banking, Insurance, etc.

5.

In the context of Balance of Payments Account, state whether the following statements are true or false. Give reasons for your answer. (i) Profits received from investments abroad is recorded in Capital Account. (ii) Import of machines is recorded in Current Account.

Answer»

(i) False, it is recorder in current account as it neither affects foreign exchange assets nor foreign exchange liabilities.

(ii) True, all imports and exports of goods are recorded in trade account which is a part of current account, because it is simply import/export of a good.

6.

List the transactions of Current Account of the Balance of Payments Account.

Answer»

The transactions of current account of BOP are:

(i) Export and import of goods

(ii) Export and import of services

(iii) Unilateral transfers.

7.

List the items included as invisibles in the Balance of Payments Account.

Answer»

Invisible items are services such as:

(i) Transport services, insurance and banking services.

(ii) Transfer such as gifts and donations.

(iii) Income in form of wages, rent, interest and dividend.

8.

State the components of Current Account of Balance of payments.

Answer»

The transactions of current account of BOP are:

(i) Export and import of goods

(ii) Export and import of services

(iii) Unilateral transfers.

9.

State the components of Capital Account of Balance of Payments.

Answer»

Components:

(i) Borrowings and lending to and from abroad.

(ii) Investment to and from abroad.

(iii) Changes in foreign exchange reserves.

10.

Define Balance of Payments. Discuss briefly the components of current account.

Answer»

Balance of payments is defined as the statement of accounts of a country’s inflows and outflows of foreign exchange in a fiscal year.

Components of Current Account:

(i) Visibles: refers to the merchandise/goods exported from or imported by a country. Exports which results inflows for the country are placed on the credits side whereas imports are placed on the debit side as they result into outflow of foreign exchange from the country.

(ii) Invisibles: refers to the different types of services and transfers that take place between nations. They give rise to monetary receipts and payment for the nation.

11.

Building of dams is an activity done under ……………… industry. (a) primary (b) secondary(c) tertiary

Answer»

Correct option is  (b) secondary

12.

Explain briefly the steps involved in the incorporation of a company.

Answer»

(i) Obtaining Digital Signature Certificate (DSC): Promoters and the proposed first directors has to obtain a DSC for e-filing.

(ii) Register DSC in the name of the Director with MCA: DSC has to be registered with MCA (Ministry of Corporate Affairs). MCA maintains details of every Director including their DIN, personal details, etc.

(iii) Obtain Director Identification Number (DIN): Proposed first Directors must apply for DIN in electronic form SPICe-32 at the time of incorporation. Every director must have DIN.

(iv) Apply for Reservation of Name: Promoter has to get the name of company approved from Central Registration Centre (CRC) by filling form RUN (Reserve Unique Name) along with prescribed fees on MCA portal.

Promoters have to suggest more than one name in order of their preference. CRC will approve the name within 20 days from the date of application.

(v) Finalize Memorandum of Association and Articles of Association: It states the aims and objectives of the business. It contains legal and technical information. The promoter should finalize it. The promoters finalize both the documents with the help of the Company Secretary, legal experts, etc.

(vi) Signing, Stamping, and Dating of Memorandum and Articles of Association: Both documents must be signed by each subscriber and shall add his name, detailed address, occupation, etc. The signature of at least one witness is needed. Due stamp duty as per the Indian Stamp Duty Act, 1899 is required to be paid at the time of incorporation.

(vii) Preparation of other necessary documents for incorporation:

  • Consent of Directors: Directors should give written consent in the prescribed format, about their approval to act as a director.
  • Details of manager, secretary, etc Articles of Association include the names of the manager, secretary, etc.
  • Declaration by subscribers to the Memorandum and First Directors: A declaration by first Directors should be taken who has subscribed to Memorandum of Association stating that he is not convicted of any offense in connection with the promotion, formation of company and has not found guilty of any fraud, etc.

(viii) Address for communication and notice of Registered office address: A company is required to have a Registered office within 30 days of incorporation. The promoter has to provide an address for communication at the time of incorporation.

(ix) Obtain a statutory declaration from Declaration by Company Secretary, Chartered Accountant, advocates, etc. is also necessary to be obtained along with Director, manager, etc. declaration status that all necessary requirements are fulfilled related to incorporation.

(x) Filing of application and document for incorporation of a company: Finally, after preparation of all documents, it has to be submitted to ROC in the prescribed form along with necessary prescribed fees for incorporation.

13.

Find the odd one:i. CIN, DIN, PANii. Promoter, Prospectus, Incorporation of a company

Answer»

i. PAN

ii. Prospectus

14.

Building of dams is an activity done under ……………… industry. (a) primary (b) secondary (c) tertiary

Answer»

Correct option is (b) secondary

15.

Give one word, phrase or term:An activity which is performed for money consideration.

Answer»

Correct Answer is Business

16.

Give chemical equation to show the changes that occur when green coloured ferrous sulphate crystals are heated. Mention the change observed as well as reason for this change.

Answer»

2FeSO4 + Heat  Fe2O3 + SO2 + SO 

Crystals lose their colour, due to loss of water of crystallization on heating.

17.

Select the correct option :(Small Manufacturing Sector, Micro Manufacturing Sector, Micro Services Sector, Medium Manufacturing Sector, Small Services Sector)Group AGroup B(1) More than Rs 25 lakhs but does not exceed Rs 5 Crores—————-(2) —————-Does not exceed Rs 25 lakhs(3) More than Rs 5 crores but does not exceed Rs 10 crores—————(4) —————-Does not exceed Rs 10 lakhs(5) More than Rs 10 lakhs but does not exceed Rs 2 crores—————

Answer»
Group AGroup B
(1) More than Rs 25 lakhs but does not exceed Rs 5 CroresSmall Manufacturing sector
(2) Micro ManufacturingDoes not exceed Rs 25 lakhs
(3) More than Rs 5 crores but does not exceed Rs 10 croresexceed Rs 25 lakhs
(4) Micro Services SectorDoes not exceed Rs 10 lakhs
(5) More than Rs 10 lakhs but does not exceed Rs 2 croresSmall Services Sector
18.

An aluminium cane is used to store ferrous sulphate solution. It is observed that in few days, holes appeared in the cane. Explain the cause for this observation and write the chemical reaction to support your answer.

Answer»

Aluminium is more reactive than iron. Aluminium from the walls can react with ferrous sulphate to form its sulphate and iron is precipitated.

2FeSO4 + Al Al2(SO4)3 + 3Fe

19.

Crystals of a substance changed their colour on heating in a closed vessel but regained after sometime, when they were allowed to cool down.(i) Name one such substance.(ii) Explain the phenomenon involved.

Answer»

(i) CuSO4.SH2O

CuSO4.5H2O Heat CuSO4+5H2O

CuSO4.5H2O-(Blue)

CuSO4+5H2O-(White)

(ii) Explanation: On heating, crystal loses water of crystallisation and regain it on cooling

20.

Explain the different kinds of endorsements. .

Answer»

When the person signs on the back of the instrument to transfer his interest, it is known as endorsement.

The endorsement are of various types:

(i) Blank or general endorsement: When the endorser puts his mere signature on the back of an instrument without mentioning the name of the person to whom the endorsement is made, it is called Blank Endorsement.

(ii) Endorsement in full or special endorsement: If the endorser, in addition to his signature, mentions the name of the person to whom it is endorsed, is known as endorsement in full or special endorsement.

(iii) Conditional endorsement: When the endorser of a negotiable instrument makes his liability dependent upon the happening of an event which may or may not happen, it is called conditional endorsement,

(iv) Restrictive endorsement: When an endorsement restricts or prohibits further negotiability of the instrument, it is called Restrictive Endorsement.

(v) Partial Endorsement: Where the endorsement seeks to transfer only a part of the amount payable under the instrument, the endorsement is called Partial Endorsement.

21.

(a) Crystals of a substance changed their colour on heating in a closed test tube but regained it after sometime when they were allowed to cool down. Name the substance and write its formula and explain the phenomenon involved. (b) Name the compound whose one formula unit is associated with 10 water molecules. How is it prepared? Give equations of related reactions. Give two uses of the compound.

Answer»

a) Crystals of a substance which changed their colour on heating in a closed test tube but regained it after sometime when they were allowed to cool down are copper sulphate or more specifically hydrated copper sulphate. 

Its formula is – CuSO4.5H2

The phenomena involved is due to the presence of molecules of water of crystallization in the molecule. Water of crystallization is the fixed number of water molecules that are present in one formula unit of a salt. When we heat the crystals of hydrated copper sulphate this water is removed and the salt turns white. But when it is allowed to cool down in open air then it regains its lost water of crystallization and hence regains its colour also. 

b) The compound whose one formula unit is associated with 10 water molecules is sodium carbonate (Na2CO3. 10H2O) commonly known as washing soda. 

It is prepared by heating baking soda and then recrystallizing the product so obtained. 

The equations related to the above reaction is: - 

2NaHCO3 Na2CO3 + H2O + CO2 Na2CO3 + 10H2O → Na2CO3. 10H2

Two uses of washing soda are: - 

1. It is used in glass, soap and paper industries 

2. It is used for removing permanent hardness of water.

22.

Give one word, phrase or term:Name the industry which is concerned with reproduction of plants and animals.

Answer»

Correct Answer is Genetic

23.

Give one word, phrase or term:Trade transactions between two countries.

Answer»

Correct Answer is Foreign Trade

24.

A Grignard reagent is prepared by the action of magnesium in dry ether on: (a) C2H5OH (b) C2H6 (c) C2H5Cl (d) C2H5CN

Answer»

Correct Answer is: (c) C2H5Cl 

Grignard reactions / responses regularly begin gradually. As is normal for responses including solids and arrangement, commencement pursues an acceptance period amid which receptive magnesium ends up presented to the natural reagents. After this enlistment period, the responses can be very exothermic.

Alkyl and aryl bromides and iodides are normal, with chlorides being viewed too. In any case, fluorides are commonly lifeless, aside from with exceptionally enacted magnesium.

25.

Give one word, phrase or term:Agencies which help in the smooth conduct of business.

Answer»

Correct Answer is  Auxiliaries to Trade

26.

Carbon atom in the carbonyl group is: (a) sp - hybridised (b) sp2 - hybridised (c) sp3 - hybridised (d) dsp2 – hybridised

Answer»

Correct Answer is: (b) sp2 - hybridised

In both aldehydes and ketones, the geometry around the carbon atom in the carbonyl group is trigonal planar; the carbon atom exhibits sp2 hybridization. 

Two of the sp2 orbitals on the carbon atom in the carbonyl group are used to form σ bonds to the other carbon or hydrogen atoms in a molecule.

27.

Antibiotic used for the treatment of typhoid is: (a) Penicillin (b) Chloramphenicol (c) Terramycin (d) Sulphadiazine

Answer»

Correct Answer is: (b) Chloramphenicol 

Effective against gram-negative and gram-positive bacteria. Since its introduction in 1948, has proven to be remarkably effective for enteric fever worldwide. For sensitive strains, still most widely used antibiotic to treat typhoid fever.

28.

The reaction is called(a) Cannizzaro’s Reaction (b) Rosenmund Reaction (c) Haloform Reaction (d) Clemensen's Reaction

Answer»

Correct Answer is: (b) Rosenmund Reaction 

The Rosenmund reduction is a hydrogenation process in which an acyl chloride is selectively reduced to an aldehyde. The reaction was named after Karl Wilhelm Rosenmund, who first reported it in 1918.

Rosenmund catalyst can be prepared by reduction of palladium (II) chloride solution in the presence of BaSO4

29.

The compound having tetrahedral geometry is- (a) [NiCl4]2- (b) [Ni(CN)4]2- (c) [PdCl4]2- (d) [NiCl4]2- and [PdCl4]2- both

Answer»

Correct Answer is: (d) [NiCl4]2- and [PdCl4]2- both

The molecular geometry in which four substituents are present on the corners of a tetrahedron and a central atom is present at the centre of the geometry is known as tetrahedral molecular geometry.

30.

The Cannizzaro’s reaction is not given by- (a) Formaldehyde (b) Acetaldehyde (c) Benzaldehyde (d) Furfural

Answer»

Correct Answer is: (b) Acetaldehyde 

The Cannizzaro’s reaction is not given by Acetaldehyde. Aldehydes that contain alpha hydrogen atoms are not involved in Cannizzaro’s reaction and aldehyde like acetaldehyde contains alpha hydrogen in it. So, that's why it can't participate or involve in this reaction.

31.

Why has amniocentesis been banned?

Answer»

Amniocentesis is a parental diagnostic technique to determine the genetic disorders in the foetus. Small amount of amniotic fluid is drawn with a syringe. Amniotic fluid contains some foetal cells which can be examination for chromosomal abnormalities. Amniocentesis is being misused to kill the normal female foetuses. That is why this malpractice is banned.

32.

Which represents a zero order reaction?

Answer»

Correct Answer is: (a)

33.

The molecule which has zero dipole moment is- (a) NF3 (b) BF3 (c) ClO2 (d) CH2Cl2

Answer»

Correct Answer is: (b) BF3 

BF3 because BF3 has not lone pair & all the valency of B is attached by same side group.

34.

Who is a surrogate mother?

Answer»

Surrogate mother is a mother who substitutes the real mother nurse the embryo because some women can produce ovum but cannot support a full term pregnancy, Thus a embryo is implanted into the other women who carries the term of pregnancy and give birth to a healthy baby.

35.

What are Mendelian disorders?

Answer»

Mendelian disorders are determined by alteration or mutation in the single gene. These disorders one transmitted to the offspring on thee principle of inheritance. The faltern of inheritance of such mendelian disorders can be traced in a family by the pedigree analysis. Some Mendalian disorders are haemophilia, Cystic fibrosis, Colour blindness, sickle cell anaemia etc.

36.

The chief ore of copper is-(A) Copper pyrite(B) Copper glance(C) Galena(D) Siderite

Answer»

Answer is (A) Copper pyrite

37.

What are three types of RNA molecules? How is each related to the concept of information flow?

Answer»

There are three major types of RNAs: messenger RNA (mRNA), tRNA (transfer RNA) and ribosomal RNA (rRNA). These three are required for the process of protein synthesis (translation). The mRNA provides the template for protein synthesis, tRNA brings amino acids and reads the penetic code and rRNA plays structural and catalytic role during translation.

38.

What happens in haemophilia?

Answer»

Haemophilia is called bleaders disease. The time taken in blood clotting of Haemophilic persons in from 1-24 hrs. Hence, blood loss takes place in such person after an ordinary cut or injury. The death may occurs of such person due to occurs of such person dub to excessive blood loss.

39.

What was Darwin view on his visit to Galapagos Islands.

Answer»

In Galapagos Islands, Darwin observed amazing diversity of creatures. A small black bird called finches amazed him. He realised that there were many varieties of finches within the same island. All the varieties, he conjectured, evolved on the island itself. From the original seed eating features, many other forms with altered beaks arose, enabling then to become, insectivorous and vegetarian finches. This process of revolution is regarded as adaptive radiation.

40.

What does the Big Bang theory explain to us?

Answer»

The Big Bang theory attempts to explain to us the origin of universe. It tells us of a singular huge explosion. Hydrogen and Helium formed sometime later, The gases condensed under gravitation and formed the galaxies of the present day universe.

41.

One must do.........work(A) his(B) one's(C) self(D) oneself

Answer»

One must do one's work.

42.

This car isn't .........for us.(A) enough big(B) too big(C) big enough(D) much big

Answer»

Correct answer is (B) too big

43.

The drug used to reduce fever is known as(A) Antacid(B) Analgesic(C) Anti-pyretic(D) Anti-biotic

Answer»

(C) Anti-pyretic

44.

हमें नारी का सम्मान क्यों करना चाहिए?

Answer»

आज महिलाएँ हरेक क्षेत्र में आगे हैं। उनमें ऊँचे-ऊँचे पदों पर आसीन होने की योग्यता है, इसलिए हमें नारी का सम्मान करना चाहिए।

45.

A person who does not believe in the existence of god is called........(A) Theist(B) Heretic(C) Atheist(D) fanatic

Answer»

A person who does not believe in the existence of god is called Heretic.

46.

 Choose the correctly spelt word:(A) Affedevit (B) Afedevit(C) Affidavit(D) Affidevit

Answer»

(C) Affidavit

47.

She can't come to college as she............fever(A) having(B) have(C) has having (D) has

Answer»

She can't come to college as she has fever.

48.

He told me that he ............. ill for six days.(Choose the correct option)(A) was (B) is (C) had been (D) have been

Answer»

He told me that he had been ill for six days.

49.

‘रानी की समाधि में स्वतन्त्रता की आशा की चिंगारी छिपी है’ ऐसा क्यों कहा गया है?

Answer»

ऐसा इसलिए कहा गया है कि १८५७ का प्रथम स्वतंत्रता संग्राम बाद में मिली स्वतंत्रता (१५ अगस्त, १९४७) का पूर्व प्रतीक था।

50.

रानी की समाधि तथा अन्य समाधियों में क्या अंतर है?

Answer»

अन्य समाधियाँ चाहे बहुत सुन्दर बनी हों, परन्तु उनकी गाथाएँ कीड़े-मकोड़े गाते हैं; जबकि रानी लक्ष्मीबाई की समाधि की कहानी स्नेह और श्रद्धा के साथ कवियों की वाणियों में अमर है।