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.

In each of the following questions five options are given, of which one word is most nearly the same or opposite in meaning to the given word in the question. Find the correct option having either same or opposite meaning. NotionalA. QuixoticB. UnworldlyC. EtherealD. Impalpable

Answer» Correct Answer - A
Notional or Quixotic means not existing in reality.
2.

Which sentence has almost the same meaning with that of the question ? Problems never seem quite so bad if we can see the funny sides of them.A. You can solve your problems even if they seem so bad.B. Althrough the problems which you face are so bed you can see the funny sides of them.C. I we can find something funy with our problems they never seen so bad.D. When we confront with problems we must laugh at them.

Answer» Correct Answer - C
3.

In each of the following questions four words are given of which two words are most nearly the same or opposite in meaning. Find the two words which are most nearly the same or opposite in meaning and find the number of the correct letter combination, that is your answer. elated eccentric explicitabnormalA. A-BB. B-DC. A-CD. A-D

Answer» Correct Answer - A
The Eccentric (Adjective) means: considered by other people to be strange or unusual.
The word eccentric and abnormal are synonymous.
4.

In each of the following questions five options are given, of which one word is most nearly the same or opposite in meaning to the given word in the question. Find the correct option having either same or opposite meaning. VituperateA. ExamineB. VariegateC. BelittleD. Compliment

Answer» Correct Answer - D
Vituperate and compliment both are antonyms. Vituperate means to insult someone in violent language while, compliment means to praise someone politely.
5.

In each of the following questions five options are given, of which one word is most nearly the same or opposite in meaning to the given word in the question. Find the correct option having either same or opposite meaning. PraiseA. PortendB. LashC. FidgetD. Creak

Answer» Correct Answer - B
Praise means to express warm approval while lash means to beat with a stick.
6.

In each of the following questions five options are given, of which one word is most nearly the same or opposite in meaning to the given word in the question. Find the correct option having either same or opposite meaning. ConundrumA. AbjureB. QuashC. RiddleD. Thrill

Answer» Correct Answer - C
Conundrum or Riddle means a confusing and difficult problem.
7.

In each of the following questions four words are given of which two words are most nearly the same or opposite in meaning. Find the two words which are most nearly the same or opposite in meaning and find the number of the correct letter combination, that is your answer. abundance incomparable projection plethoraA. A-CB. A-DC. B-DD. A-D

Answer» Correct Answer - D
The word Plethora(Noun) means: an amount that is greater than is needed, excess.
The word Abundance (Noun) means: a large quantity that is more than enough.
8.

Which sentence has almost the same meaning with that of the question ? Despite the difference in the political in the political ideas, decision were taken by consensus.A. Althrough there were different political ideas, most of the members accepted the idea.B. In spite of the different political ideas, they are used their votes.C. They forced the politicians to take decision together.D. Althrough there were different political ideas, all of the members accepted the ideas.

Answer» Correct Answer - D
9.

In each of the following questions four words are given of which two words are most nearly the same or opposite in meaning. Find the number of correct letter combination. shining raise flourish thriveA. A-BB. B-CC. C-DD. B-D

Answer» Correct Answer - C
Flourish (Verb)= to develop quickly and be successful, to grow well , thrive.
Look at the sentence:
Few businesses are flourishing in the present economic climate.
10.

Which sentence has almost the same meaning with that of the question ? Having arrived at the church, Martin sat down at the front listening to the music.A. After martin had arrived at the church , he heard a lovely music at the front.B. After he had arrived at the church, Martin sat down at th front and listened to the music.C. In order to sit down at the front and listen to the music he arrived at the church early.D. At the church Martin wanted to listen to the music so he arrived at the church early.

Answer» Correct Answer - B
11.

In each of the following questions four words are given of which two words are most nearly the same or opposite in meaning. Find the number of correct letter combination. critical equitable impartial unearthA. A-BB. B-CC. A-DD. B-D

Answer» Correct Answer - B
Equitable (Adjective)=fair and reasonable, treating everyone in an equal way.
Impartial (Adjective)= not supporting one person or group more than other, unbiased.
Hence, synonymous relationship.
12.

In each of the following questions four words are given of which two words are most nearly the same or opposite in meaning. Find the two words which are most nearly the same or opposite in meaning and find the number of the correct letter combination, that is your answer. purposefully inaccurately inadvertently unchan geablyA. A-CB. A-BC. B-CD. B-D

Answer» Correct Answer - A
The word Inadvertently (Adverb) means: unintentionally, without intending to, by accedent.
The word purposefully and inadvertently are antonymous.
13.

In each of the following questions five options are given, of which one word is most nearly the same or opposite in meaning to the given word in the question. Find the correct option having either same or opposite meaning. CORPULENTA. LeanB. GauntC. EmaciatedD. Obese

Answer» Correct Answer - D
Corpulent means fat or well-built and its same meaning is expressed in option (d ) obese that means grossly fat or overweight.
14.

In each of the following questions four words are given of which two words are most nearly the same or opposite in meaning. Find the number of correct letter combination. dominate radical determined monopoliseA. A-BB. B-CC. A-DD. B-D

Answer» Correct Answer - C
Dominate (Verb)= to control or have a lot influence over somebody/something , to be the most important feature of something.
Monopolise (Verb)= to have or take control of the larger part of something.
Hence, synonymous relationship.
15.

In the following questions, a set of five words is given. Four of the words are related In some way, the remaining word is not related to the rest. You have to pick the word which does not fit in the relation.A. PageantB. PretenseC. ExhibitionD. Lurid

Answer» Correct Answer - D
Lund means unpleasantly bright in color, shocking, sensational, horrifying. All the other words have positive connotations related to beauty pageant or contest.
16.

In the following questions, a set of five words is given. Four of the words are related In some way, the remaining word is not related to the rest. You have to pick the word which does not fit in the relation.A. BewilderedB. PerplexedC. ConfusedD. Reserved

Answer» Correct Answer - D
Reserved means to keep to oneself. All the others are synonyms meaning confused.
17.

In the following questions, a set of five words is given. Four of the words are related In some way, the remaining word is not related to the rest. You have to pick the word which does not fit in the relation.A. DiscernB. RecogniseC. DiscriminateD. Eviscerate

Answer» Correct Answer - D
Eviscerate means deprive of essential contents. All the others are synonyms meaning infer.
18.

Select the phrase/connector from the given three options which can be used to form a single sentence from the two sentences given below, implying the same meaning as expressed in the statement sentences. RBI is concerned about the risk of investing in mutual funds. RBI is likely to ask banks to reduce their investments in mutual funds. (A) At the risk of investing (B) To reduce investments (C) Concern for the riskA. Only AB. Only BC. Only CD. Only (A) and (B)

Answer» Correct Answer - A
At the risk of investing in mutual funds RBI is likely to ask banks to reduce their investments in mutual funds.
19.

In each of the following questions four words are given of which two words are most nearly the same or opposite in meaning. Find the two words which are most nearly the same or opposite in meaning and find the number of the correct letter combination, that is your answer. germane generate reliable irrelevantA. B-DB. B-CC. A-DD. C-D

Answer» The word Germane (Adjective) means: connected with something in an important or appropriate ways, relavant.
The word germane and irrelevant are antonymous.
20.

Below is given a single word with options to its meaning in different contexts. You have to select all those options which are synonyms of the word when the context is changed.Select the correct alterative from (a),(b),(c ),(d) and (e ) which respresents all those synonyms. MEAN Imply Understand Average Characterized by maliceA. Only (3)B. Both (1) and (4)C. Only (1),(3)and (4)D. Only (1),(2)and (4)

Answer» Correct Answer - C
Dictionary Meaning of MEAN-
(a) To be used to c onvery, denote.
(b) To act as a symbol of, signify else, only.
To be mean-cheap, selfish or negativity attached to it.
21.

In each of the questions an inference is given in bold which is then followed by three paragraphs. You have to find the paragraphs(s) from where it is inferred. Choose the option with the best possible outcome as your choice. GDP fluctuates because of the business cycle. The downturn of a business cycle is called a recession, which is defined as a period in which real GDP declines for at least 2 consecutive quarter years. The recession begins at a peak and ends at a trough. After the downward phase reaches bottom and economy gradually enters the expansionary phase. As interest rates rise, companies and consumers cut back their spending , and the economy slows down. Slowing demand leads companies to lay off employees, which further affects consumer confidence and demand. To breack this vicious circle, the central bank eases monetary policy to stimulate economic growth and employment until the economy is booming once again. Rinse and repeat. High levels of investment as a share of GDP might be superb for creating extra capacity to produce but at the expense of consumer goods and services for the current generation. This imbalance is one of the reasons why GDP data may give a distorted picture of living standards in a country.A. Only (I)B. Both (II) and (III)C. Both (I) and (II)D. Only (II)

Answer» Correct Answer - D
Only statement (II) is correct as the given inference is about the reasons for fluctuation in GDP and is not indicating about the living standard which was the case in statement (III). Statement (II) on the other hand is talking about the "lay off" which is indirectly connected to the GDP fluctuation. Important thing here is the uncerstanding of the concept.
22.

In each of the questions an inference is given in bold which is then followed by three paragraphs. You have to find the paragraphs(s) from where it is inferred. Choose the option with the best possible outcome as your choice. The calorie count of foods that are high in carbohydrates is significant. Moderate use of nonnutritive sweeteners like aspartame for low calorie count could have a positive effect on insulin and blood sugar by aiding weight cntrol. It is also important to keep in mind that many foods containing aspartame still provide calories and carbohydrate from other ingredients, even though they may be labeled "sugar-free." Ironically, people who use aspartame as a sweetener to reduce their calorie intake could wind up defeating their purpose, since studies show that high levels of aspartame may trigger a craving for carbohydrates by depleting the brain of a chemical that registers carhohydrate satiety. Forty-five to 65 percent of your total calories should come from cards recommends the Institute of Medicine. If you consume carbs ona regular basis, glycogen stores stay full and become a normal part of your total body weight. The rise in the popularity of Aspartame is due to its comparatively low calorie count.A. Only (I)B. Only (II)C. Both (I) and (II)D. Both (II) and (III)

Answer» Correct Answer - C
Both the paragraphs (I) and (II) are correct and the given statement is inferred from these two. Paragraph (III) is incorrect as it is not indicating in any manner that food containing carbohydrates are significantly high in calories. Both (I) and (II) are emphasizing the impact of aspartame for reducing caloric intake and then are contradicting it by stating that somehow it has failed in its purpose as carbohydrate gets successful in finding its way in our food system.
23.

In the following questions, a set of five words is given. Four of the words are related In some way, the remaining word is not related to the rest. You have to pick the word which does not fit in the relation.A. AstuteB. CraftyC. WilyD. Naïve

Answer» Correct Answer - D
Naïve means unsophisticatedly simple. All the others are synonyms meaning clever, shrewd.
24.

Which sentence has almost the same meaning with that of the question ? For more devastating for the author than the loss of his house to fire was the destruction of the sole copyf of his latest novel.A. In his latest book, the author tells of the pain he suffered when he lost his home in a devastating fire.B. Even the destruction of his home in the fire was not as hard for the author to bear as the buring of the manuscript of his new novel.C. The only thing the author was able to rescue from the flames which destroyed his home was the sole copy of his latest book.D. Even more different for the author than writing a single book was seeing it destroyed when his house burnt down.

Answer» Correct Answer - B
25.

Select the phrase/connector from the given three options which can be used to form a single sentence from the two sentences given below, implying the same meaning as expressed in the statement sentences. Twelve million youth enter the Indian work force every year. Eighty per cent of these youth are unskilled. (A) While eighty per cent (B) Since twelve million (C ) Of the twelve millionA. Only AB. Only (C )C. Only A and CD. All (A), (B) and (C )

Answer» Correct Answer - B
Since twelve million youth enter the Indian workforce every year, eight percent of these youth are unskilled.
26.

Select the phrase/connector from the given three options which can be used to form a single sentence from the two sentences given below, implying the same meaning as expressed in the statement sentences. Food inflation is touching twenty per cent. The government will have to tighten monetary policy to prevent further rise. (A) Although food inflation is (B) With the tightening of monetary (C ) Given that food inflationA. Only AB. Only BC. Only CD. Only (A) and (B)

Answer» Correct Answer - A
Although food inflation is touching twenty per cent, the government will have to tighten monetary policy to prevent further rise.
27.

In each of the questions an inference is given in bold which is then followed by three paragraphs. You have to find the paragraphs(s) from where it is inferred. Choose the option with the best possible outcome as your choice. The major concern is security. The major dilemma for many security professionals is whether the Brexit will make the UK more or less safe when it comes to cybersecurity. One poll found that most security professionals believed there would not be any major cybersecurity implications, however, another poll offered different conclusions, with most respendents believing that a Brexit would weaken cybersecurity because of additional bureucratic hurdles to information sharing with the EU. Most debate over Brexit has been about economics, trade and migration. But wheb David Cameron called the EU referendum in February he cited a new factor, asserting that membership made Britain safer. This week the prime minister went further, hinting that Brexit might increase the risk related to security -and adding that, every time Britain turned its back on Europe, it had come to regreit Prime Minister Shinzo Abe touted the implemetation of the legislation as an event of "historic importance that makes peace and security of our country even more secure" and " upgrades ou deterrence and enables the nation to proactively contribite more than ever to peace and stabiltiy of regional and international communities."A. Only (I)B. Both (II) and (III)C. Only (iii)D. Both (I) and (III)

Answer» Correct Answer - D
Statement (II) is incorrect, refer to "Most debate over. . . . . . . . . . . . . . . . . . . . . and migration" therefore it is definitely not the major concern but it is just a new factor. Statement (I) and (III) both are correct as security is the major concern. You may get confused with cyber-security but it is also a part of the security system.
28.

In the the following question a part of the sentence is given in bond, it is then followed by three sentences which try to explain the meaning of the phrase given in bold. Choose the best set of alternatives from the five options given below each question which explains the meaning of the phrase correctly without altering the meaning of the sentence given as question. The trial began only in 1996 and a couple of years ago all accused were cleared of all charges by a trial court in what activists have called a grave miscarriage of justice. All accused involved in the case were cleared of all charges by a trial court in 1996 and that is what activists have called a complete failure of justice in prevailing the truth. In 1996, by letting go all accused by clearing all charges against them, the trial court once again proved the incompetence of judicial system in justifying the truth. Activists have felt that the decision by trial court in 1996 of clearing of all the charges against the accused is a serious negligence of true justice by the system.A. Only (I) is correctB. Only (ii) is correctC. Both (I) and (II) are correctD. None is correct

Answer» The phrase used in the sentence " a grave miscarriage of jsutice" means a wrong decision made by a court, as a result of which an innocent person is punished. In this case. It means a wrong decision made by a court which failed in justifying the actual truth, as result of which innocent person failed to get the jsutice. Hence, all three statements (I), (II) and (III) define the same meaning. So, (e) is the correct choice.
29.

China democracy the majority of people rule through their elected representatives explain in points

Answer»

A democracy the majority of people rule through their elected representatives because those who are getting elected are selected by the wish of people. For elections and all we have to delay because it is the most important decision for country as well as for the benefits of the public.

30.

In the the following question a part of the sentence is given in bond, it is then followed by three sentences which try to explain the meaning of the phrase given in bold. Choose the best set of alternatives from the five options given below each question which explains the meaning of the phrase correctly without altering the meaning of the sentence given as question. The problem of secularism is independent India lies in the fact that the Constitution was essentially a Western construct with the sidelining of the Gandhian Influence in the Constituent Assembly. Secularism in India is highly motivated by the Western pattern of Constitution with hardly any presence of Gandhian Influence. The Constitution was basically influenced by the culture followed in Western societies and it hardly considered the Gandhian Influence in the Constituent Assembly which de3picts the problem of secularism in independent India. The development projects of western countries had such an impact on Indian Constitution that it igonored the Gandhian Influence and today we are facing the problem of secularism in the country.

Answer» Correct Answer - B
The phrase "a western construct" in the sentence denotes the culture and practices followed in western societies. Among the given statements, only (II) is able to expalain the meaning correctly. Hence (b ) is the correct choice.
31.

There are sets of four statements in question given below which when connected using the correct sentence structure forms a complete single sentence without altering the meaning of the sentences given in the question. There are four options given below the question, choose the sentence that forms the correct formation of single sentence which is both grammatically correct and contextually meaningful. If none follows, choose (e) as your answer. Hong Kong has prospered economically, it is visible from US `$177` billion GDP in 1997 to `$319` billion, it has risen by 80 per cent, it has been building on her strengths of superior infrastructure, free port and low tax-status, and her superior infrastructure, free port and low-tax status, and her superior financial and logistic hubs.A. Economically, Hong Kong has prospered visibly, from US $177 billion GDP in 1997 to $319 billion, rising by 80 per cent, building on her strengths of superior infrastructure, free port and low-tax status, and her superior financial and logistic hubs.B. Hong Kong has been prospering economically which is visible from US $177 billion GDP in 1997 to $319 billion that has risen by 80 per cent which has been building on her strengths of superior infrastructure, free port and low-tax status, and her superior financial and logistic hubs.C. Buildingon her strengths of superior infrastructure, free port and low-tx status, and her superior financial and logistic hubs, Hong Kong has prospered economically visible from US $177 billion GDP in 1997 to $319 billion. That has risen by 80 per cent.D. Hong Kong has made visibly a prosperous economic condition risiing by 80 per cent US $177 billion GDP in 1997 to $319 billion which shows that it has been building on her stregths of superior infrastructure, free port and low-tax status and her superior financial and logistic hubs.

Answer» Correct Answer - A
Among the given options, all other sentences, except (a ) are either contextually meaningless or grammatically incorrect. Only sentence (a ) forms the correct sentence which follows the sentences given in the question both grammatically and contextually. Hence, option (a ) is the correct choice.
32.

The total area of West Bengal is1. 88,752 km²2. 89,752 km²3. 85,752 km²4. None of these

Answer» Correct Answer - Option 1 : 88,752 km²

The correct answer is 88,752 km².

  • The total area of West Bengal is 88,752 km² including 83,626.43 km² rural area and 5,125.57 km² urban area.
  • West Bengal is an Indian state located in the Eastern region of India.
    • West Bengal State is established on 1 Nov 1956.
    • The largest city in West Bengal is Kolkata.
  • The largest district is South 24 Parganas (9,960 km2).
  • The smallest district as per area is Kolkata (185 km2).

  • State in India by Area:
    STATEAREA (Km2)
    Rajasthan342,239
    Madhya Pradesh308,245
    Maharashtra307,713
    Goa3,702
  • UT in India by Area: 
    UTAREA (Km2)
    Jammu and Kashmir125,535
    Ladakh96,701
    Andaman and Nicobar Islands8,249
    Lakshadweep32.62
33.

Complete these sentences with the verbs in brackets. Use the present simple passive.1. E-mails ______ and received by most internet users. (send)2. Information about goods and services ______ (find)3. Go&ls and services ______ in e-shops. (buy)4. Online newspapers and magazines _____ mostly by adult users. (read)5. The internet ______ for social networking, especially by young people. (use)6. relephone and video calls ______ (make)7. Videos and films ______ (watch)8. Listening and music streaming activities _____ (cany out)9. Hotel accommodation _____ by travellers. (search for)10. Financial transactions through internet banking _____ (do)

Answer»

1. are sent

2. is found

3. are bought

4. are read

5. is used

6. are made

7. are watched

8. are carried out

9. is searched for

10. are done

34.

Jorwe culture, a Chalcolithic culture, was first discovered in which of the following states of India?1. Maharashtra2. Karnataka3. Tamil Nadu4. Rajasthan

Answer» Correct Answer - Option 1 : Maharashtra

The correct answer is Maharashtra.

  • Jorwe culture, a Chalcolithic culture, was first discovered in Maharashtra.

  • Jorwe Culture:
    • Jorwe culture was a Chalcolithic archaeological culture that was first discovered in Maharashtra.
    • The culture was spread to the Malwa region of Madhya Pradesh.
    • Jorwe is actually a village on the banks of the Godavari River in the Ahmednagar district of Maharashtra.
    • The culture is named after it because of the archaeological site located in the village.
35.

When was the Mouling national park established?1. 19882. 19823. 19904. 1996

Answer» Correct Answer - Option 2 : 1982

Option 2 is correct:

  • Mouling National Park was established in 1982 with an objective to create a favourable habitat for plants and animals.
  • It is located in Arunachal Pradesh in the right bank of river Siang covering an area of 483 sq.km.
  • Temperate alpine and coniferous forest at the upper reaches whereas the lower area is covered with tropical evergreen forest.
  • Ornamental plants like foxtail, orchids are abundant in this area. 
  • Many endangered species like takins, snow clouded leopard, golden languor, hornbill, monal scalater, serrow are spotted here.
  • Inside the sanctuary, Dabung Waterfall and Nirbung Waterfall are there.
  • The state capital is Itanagar.
  • Namdapha National Park is the largest protected area in the Eastern Himalaya biodiversity hotspot and is located in Arunachal Pradesh in Northeast India.
  • Tawang Monastery in Arunachal Pradesh is the largest monastery in India.
  • The international borders of Arunachal Pradesh include Bhutan, Myanmar and China.
  • Arunachal Pradesh was known as the North-East Frontier Agency (NEFA).
36.

Rewrite the following sentences in the passive voice.1. Who did you tell the story?2. He was struck by lighting.3. The language that he used quite shocked me.4. We were both filled with horror by the sight of that event.5. I was much hurt by his voice and manner6. They were welcomed back by the city on their return7. He was punished by the master for speaking in the class. ‘8. Many objections were raised by us to the plan that was proposed by him.9. Will he not be persuaded to work harder by a sense of duty?10. I was called upon by the meeting to give my reasons.11. He was known by me by his voice when I was spoken to by him in the dark.12. His return was not expected by us.

Answer»

1. To whom was the story told by you?

2. He was struck by lighting.

3. I was quite shocked by the language that he used.

4. The sight of the event filled both of us with horror.

5. The sight of the event filled both of us with horror.

6. The city welcomed back them on their return.

7. The master punished him for speaking in class.

8. He proposed many plans that we raised many objections.

9. Will a sense of duty not persuade him to work?

10. The meeting called upon me to give my reasons.

11. I knew him by his voice when he spoke to me in the dark

12. He did not expect his return.

37.

Banks which do not provide regular service, and are controlled by stock exchange, What is the name of the bank? Write a short note about the bank?

Answer»

The name of the bank is Merchant bank. A commercial bank or its subsidiary may offer services like project counselling, underwriting etc for starting a company. It is called merchant banking.

38.

The Ranganadi dam is located in which of the following states of India?1. Uttarakhand2. Sikkim3. Arunachal Pradesh4. Manipur

Answer» Correct Answer - Option 3 : Arunachal Pradesh

Option 3 is correct:

  • The Ranganadi dam is built on Ranganadi river in Arunachal Pradesh.
  • The state capital is Itanagar.
  • Namdapha National Park is the largest protected area in the Eastern Himalaya biodiversity hotspot and is located in Arunachal Pradesh in Northeast India.
  • Tawang Monastery in Arunachal Pradesh is the largest monastery in India.
  • The international borders of Arunachal Pradesh include Bhutan, Myanmar and China.
  • Arunachal Pradesh was known as the North-East Frontier Agency (NEFA).
39.

The temperature of hot water is measured using1. Clinical thermometer2. Digital thermometer3. Maximum­-minimum thermometer4. Laboratory thermometer

Answer» Correct Answer - Option 4 : Laboratory thermometer

The correct answer is Laboratory Thermometer.

  • The range of a Clinical thermometer is from 35o C to 42o C.
  • For other purposes, we use laboratory thermometers.
  • The range of laboratory thermometers is usually from –10°C to 110°C.
  • Temperature is a measure of the degree of hotness of an object.
  • The thermometer is a device used for measuring temperatures.
  • A clinical thermometer is used to measure our body temperature. 

  • The thermometer was invented by Galileo Galilei in 1592.
  • Digital clinical thermometers are simple, available commodities and may be used with relatively high precision (±0.1°C) in the range of 32°–42°C (89.6°–107.6°F).
40.

What is meant by chartered company?

Answer»

Chartered companies are established by the King or Queen of a country. Powers and privilege of chartered company are specified in the charter. Power to cancel the charter is vested with King/Queen.

41.

Banks can be classified as follows:1. Based on the functions of banks 2. Based on the status given by RBI 3. Based on the ownership patternWhat are the banks based on functions or organization? Explain any five kinds of banks.

Answer»

1. Commercial banks: Banks which accept deposits from the public and grant loans to traders, individuals, agriculture, industries, transport, etc. in order to earn profit. Their lending is in comparatively small amounts and mostly for short and medium period. e.g., State Bank of India.

2. Development Banks: Huge finance required for investment, expansion and modernisation of big industries and others are granted by a separate type of banks called development Banks. They are also called industrial banks, e.g., IFCI, SIDBI.

3. Co – operative Banks: All Co – operative banks in India are owned by its customers or members who are farmers, small traders and others. Co – operative banks in India are either urban based or rural based. e.g.,NAFED, Tamil Nadu State Apex Co-operative Bank – Head Office, Chennai.

4. Foreign Banks: Banks which have registered office in a foreign country and branches in Ipdia are called foreign banks, e.g., Bank of America – USA.

5. Regional Rural Banks (RRBs): The RRBs were formed under the Regional Rural Bank Act 1976, jointly by the Central Government, State Government, and a sponsor bank. e.g., Pandian Grama Bank.

42.

Describe any five objectives of business?

Answer»

1. Economic Objectives: Economic objectives of business refer to the objective of earning profit and also other objectives that are necessary to be pursued to achieve the profit objective, which includes creation of customers, regular innovations and best possible use of available resources.

2. Social Objectives: Social objective are those objectives of business, which are desired to be achieved for the benefit of the society. Since business operates in a society by utilizing its scarce resources, the society expects something in return for its welfare. 

3. Organizational Objectives: The organizational objectives denote those objectives an organization intends to accomplish during the course of its existence in the economy like expansion and modernization, supply of quality goods to consumers, customers’ satisfaction, etc.

4. Human Objectives: Human objectives refer to the objectives aimed at the well – being as well as fulfillment of expectations of employees as also of people who are disabled, handicapped and deprived of proper education and training.

The human objectives of business may thus include economic well – being of the employees, social and psychological satisfaction of employees and development of human resources.

5. National Objectives: Being an important part of the country, every business must have the objective of fulfilling national goals and aspirations.

43.

Some co – operative societies are formed for providing short term finance to the members. It is useful to the farmers especially. What is the name of the society?

Answer»

Cooperative credit societies are societies formed for providing short-term financial help to their members. Agriculturists, artisans, industrial workers, salaried employees, etc., form these credit societies.

44.

What are the objectives of GST?

Answer»

1. To create a common market with uniform tax rate in India. (One Nation, One Tax, One Market) 

2. To eliminate the cascading effect of taxes, GST allows set – off of prior taxes for the same transactions as input tax credit. 

3. To boost Indian exports, the GST already collected on the inputs will be refunded and thus there will be no tax on all exports. 

4. To increase the tax base by bringing more number of tax payers and increase tax revenue.

5. To simplify tax return procedures through common forms and avoidance of visiting tax departments. 

6. To provide online facilities for payment of taxes and submission of forms.

45.

Is low taxes possible in co – operative society?

Answer»

Yes, Low taxes are possible in co – operative society because it is a non-profit enterprise, and government provides various exemptions and tax concessions.

46.

At first the co – operative movement was started by Robert Owen in the year 1844. Who are Rochdale pioneers?

Answer»

At first, the cooperative movement was started by Robert Owen, in the year 1844. He formed a consumer’s cooperative society in England with 28 workers as members, called “Rochdale Society of Equitable Pioneers”.

47.

Where is the Wandur National Park situated?1. Lakshadweep2. Andaman and Nicobar3. Punducherry4. Chandigarh

Answer» Correct Answer - Option 2 : Andaman and Nicobar

Option 2 is correct:

  • The Wandur National Park, also known as Mahatma Gandhi Marine National Park, is a group of 15 islands in Wandoor on the Andaman Islands.
  • It is located at a distance of about 29 km from Port Blair, the park is spread over an area of 281.5 square km and is home to some of the best marine life and most wonderful coral reefs.
  • The Andaman Islands consist of four separate groups of islands. 
  • These four islands groups are Little Andaman, Great Andaman, Ritchie's Archipelago and East Volcano Islands.
  • Great Andaman is the main archipelago of the Andaman Islands in the country. 
  • The capital of Andaman and Nicobar Islands, Port Blair, is situated on South Andaman.
  • The government of India has decided to rename three islands in Andaman and Nicobar.
  • The government has decided to rename Ross Island as Netaji Subhash Chandra Bose Island, Neil Island as Shaheed Dweep, and Havelock Island as Swaraj Dweep as a tribute to Netaji Subhas Chandra Bose.
  • Bose hoisted the national flag in Port Blair on December 30, 1943.
48.

The term “Feminist” means : (A) Person who believes in equal rights (B) Person who believes in unequal rights (C) Person who believes in god. (D) Person who believes in divisions and diversity

Answer»

Correct option (A) Person who believes in equal rights

Explanation:

The term Feminist means a woman or man who believes in equal rights and opportunities.

49.

The government has announced to fix MSP at a level of at least what per cent of the cost of production for kharif crops 2018-19 which redeems the promise made in the union budget for 2018-19A. 50 per centB. 250 per centC. 200 per centD. 150 per cent

Answer» Correct Answer - D
Government has fixed MSP at a level of at least 150 percent of the cost of production for kharif crops 2018-19 which redeems the promise made in the Union Budget for 2018-19. The MSPs fixed by Government, cost and returns over all-India weighted average cost of production of crops for 2017-18 and 2018-19 is at Annexure. Cost of production varies in the different states endowment, farm mechanization, land holding size, etc.
50.

Read the following graph and answer the questionsIndia and Brazil Literacy Rate (%)i) What was the literacy rate in Brazil in 2001? ii) In which decade did the literacy rate increase the most in India? iii) What is the difference between the literacy rates of India and Brazil in 1991? iv) By how much has the literacy rate increased in India between 1981- 2016? v) How much is the interval generally used in the graph? vi) What conclusions can you draw from the graph regarding the literacy rates of India and Brazil? 

Answer»

i) Answer - 85% 

ii) Answer - 1991-2001 

iii) Answer - 30% 

iv) Answer - 30% 

v) Answer - 10 years 

vi) Points - Brazil has a higher literacy rate than India 

- increasing every decade