Questions

Q:

Which     of     the     following     statements regarding   Indian   federal   system   is/are correct?

1.All States have equal representation in the Rajya Sabha.

2.Consent  of  a  State  is  not  required  for altering its boundaries.

3.There is no dual citizenship in India.

Select  the  correct  answer  using  the  code given below.

A) 1, 2 and 3 B) 2 and 3 only
C) 1 and 3 only D) 2 only
 
Answer & Explanation Answer: B) 2 and 3 only

Explanation:

Besides  some  federal  features,the Constitution of India also has some unitary  features  as  well.  All  States have  no  equal  representation  in the  Rajya  Sabha,because  in  India the states are given representation in the Rajya Sabha on the basis of population.  Hence,  the  number  of representatives  varies  from  state to    state, for    instance,    Uttar Pradesh  has  31  members  whereas Tripura  has  only  1  member.This principle    is    considered    as    a safeguard    for    smaller    states.States  in  India  also  have  no  right to territorial integrity. The Parliament  can  change  the  area,boundaries  or  name  of  any  state by unilateral action, So the consent of   a   State   is   not   required   for altering  its  boundaries,Moreover,despite dual Polity,the Constitution  of  India  adopted  the system  of Single citizenship.There is  only  Indian  citizenship  and  no separate state citizenship.

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Q:

Pradhan Mantri Mudra Yojana was announced under the leadership of _______.

A) Jawaharlal Nehru B) Indira Gandhi
C) Narendra Modi D) Manmohan Singh
 
Answer & Explanation Answer: C) Narendra Modi

Explanation:
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Q:

In December 2017, SEBI raised the investment limit for FPIs in central government securities to over ______ from January 2018.

A) Rs 1.91 lakh crore B) Rs 3.91 lakh crore
C) Rs 5.91 lakh crore D) Rs 0.91 lakh crore
 
Answer & Explanation Answer: A) Rs 1.91 lakh crore

Explanation:
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Q:

A non-trading company used as a vehicle for various financial manoeuvres or kept dormant for future use in some other capacity?

A) Chit Funds B) Shell companies
C) Nidhi Companies D) Indigenous Bankers
 
Answer & Explanation Answer: B) Shell companies

Explanation:

A non-trading company used as a vehicle for various financial manoeuvres or kept dormant for future use in some other capacity is known as shell companies.

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Q:

In which of the following region midnight Sun is visible?

A) In Mediterranean region B) In equatorial region
C) In Arctic area D) In the east of Japan
 
Answer & Explanation Answer: C) In Arctic area

Explanation:
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Q:

Which one is not included in Non-Banking Financial Institutions (NBFIs)?

A) EXIM B) SIDBI
C) NABARD D) BOI
 
Answer & Explanation Answer: D) BOI

Explanation:
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Q:

In 2007, which monument was declared a winner of the New 7 Wonders of the World?

A) Taj Mahal B) Hawa Mahal
C) Agra Fort D) Lotus Temple
 
Answer & Explanation Answer: A) Taj Mahal

Explanation:
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Q:

The ability to memorize well is an example of

A) a personal quality B) a personal skill
C) self-evaluation D) personal awareness
 
Answer & Explanation Answer: B) a personal skill

Explanation:
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