Questions

Q:

The most important function of an interest group is to

A)  form the government B) alter government policies to its liking
C) build up public opinion D)  Contest elections
 
Answer & Explanation Answer: B) alter government policies to its liking

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Q:

Which one of the following institutions is also called "World Bank" ?

A) International Bank of Reconstruction and Development B) International Monetary Fund
C) UNICEF D) IFC
 
Answer & Explanation Answer: A) International Bank of Reconstruction and Development

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Q:

Which country was, in October 2017, named the best country to visit in 2018, according to Lonely Planet 'Best in Travel 2018' list?

A) India B) Chile
C) Thailand D) South Korea
 
Answer & Explanation Answer: B) Chile

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Q:

The banks avail long-term loans from Reserve Bank of India (RBI) by putting no collateral securities. This loan is availed under which of the following lending rates?

A) Bank rate B) Repo rate
C) Reserve repo rate D) Marginal Standing Facily
 
Answer & Explanation Answer: A) Bank rate

Explanation:

The bank rateis the rate of interest at which banks takelong term loansfrom Reserve Bank of India (RBI) by putting no collateral security. It is the rate at which RBI rediscounts the bills of exchange and government securities held by the commercial banks. For controlling the credit, inflation and money supply, RBI increases the bank rate.

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Q:

The impact of Green Revolution was felt most in the case of

A) Wheat B) Rice
C) Pulses D) Oil seeds
 
Answer & Explanation Answer: A) Wheat

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Q:

SIDO is related to the development of

A) Small industries B) Steel Industry
C) Soap Industry D) Sugar Industry
 
Answer & Explanation Answer: A) Small industries

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Q:

Which   one   of   the   following   statements is  correct  in  relation  to  the  Indian  Air Force?

A) It has bases in many friendly countries. B) It  does  not  carry  out  joint  exercises with any country.
C) It    has    a    separate    Maintenance Command. D) No  officer  has  ever been  elevated  to the  rank  of  Marshal  of  the  Indian  Air Force.
 
Answer & Explanation Answer: C) It    has    a    separate    Maintenance Command.

Explanation:

Maintenance Command is a command of the Indian Air Force. It was raised as Maintenance Group at Chakeri in Kanpur in 1950. In 1955, it was designated as Maintenance Command.

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Q:

On 9 November 2017, House Building Advance (HBA) rules were revised. Now, under the new rules, the central government employee can barrow a maximum of how much amount from government?

 

A) Rs 50 lakh B) Rs 25 lakh
C) Rs 75 lakh D) Rs 15 lakh
 
Answer & Explanation Answer: B) Rs 25 lakh

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