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Q:

Which Arab scientist could be given the credit of christening the mathematical discipline of algorithm?

A) Al-Khwarizmi B) Ibn al -Haytham
C) Ibn Rushd D) Ibn Sina
 
Answer & Explanation Answer: A) Al-Khwarizmi

Explanation:

Muḥammad ibn Mūsā al-Khwārizmī, formerly Latinized as Algorithmi,was a Persianscholar who produced works in mathematics, astronomy, and geography under the patronage of the Caliph Al-Ma'mun of the Abbasid Caliphate.

He also developed the concept of the algorithm in mathematics, which is why some have called him the "grandfather of computer science".

His name gave rise to the terms algorism and algorithm.

 

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Filed Under: General Awareness
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Q:

Which one of the following canons of taxation was not advocated by Adam Smith?

 

A) Canon of equity B) Canon of certainty
C) Canon of convenience D) Canon of fiscal adequacy
 
Answer & Explanation Answer: D) Canon of fiscal adequacy

Explanation:

Adam Smith propounded the following first four canons of taxation -(1)Canon of Equity. (2) Canon of Certainty: (3) Canon of Convenience or Ease (4) Canon of Economy.

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Q:

Which one of the following hypotheses postulates that individual's consumption in any time period depends upon resources available to the individual, rate of return on his capital and age of the individual?

A) Absolute Income Hypothesis B) Relative Income Hypothesis
C) Life Cycle Hypothesis D) Permanent Income Hypothesis
 
Answer & Explanation Answer: C) Life Cycle Hypothesis

Explanation:

The life-cycle theory of consumption, popularly known as life-cycle hypothesis,' was developed by Ando and Modigliani" in the early 1960s.

The life-cycle hypothesis postulates that individual consumption in any time period depends on

(i) resources available to the individual,

(ii) the rate of return on his capital, and

(iii) the age of the individual.

The resources available to an individual consist of his existing net wealth and the present value of all his current and future labour incomes. According to the life-cycle hypothesis, a rational consumer plans consumption on the basis of all his resources and allocates his income to consumption over time so that he maximizes his total utility over his life time.

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Filed Under: Indian Economy
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Q:

Consider the following statements:

1. Inflation in India continued to be moderate during 2017-18

2. There was significant reduction in food inflation, particularly pulses and vegetables during the period.


Which of the statements given above is/are correct?

A) 1 only B) 2 only
C) Both 1 and 2 D) Neither 1 nor 2
 
Answer & Explanation Answer: C) Both 1 and 2

Explanation:

According to the Survey, inflation in the country continued to moderate during 2017-18 with the CPI based headline inflation averaging 3.3 per cent during the period --the lowest in the last six financial years

Retail inflation fell to a record low of 2.18% in May as prices of kitchen staples like vegetables and pulses declined sharply although there was a marginal spike in fruit rates.

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Filed Under: Indian Economy
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Q:

Which one ofthe following is not correct about Administrative Tribunals?

 

A) The Parliament may by law constitute Administrative Tribunals both at the Union and State levels B) Tribunals may look into disputes and complaints with respect to recruitment and conditions of service of persons appointed to public services.
C) Tribunals established by a law of the Parliament can exclude the jurisdiction of all Courts to allow for special leaveto appeal. D) The law establishing the Tribunals may provide for procedures including rules of evidence to be followed.
 
Answer & Explanation Answer: C) Tribunals established by a law of the Parliament can exclude the jurisdiction of all Courts to allow for special leaveto appeal.

Explanation:

Article 323A provides that Parliament may by law establish tribunals for adjudication of disputes concerning recruitment and conditions of service of persons appointed to public service under Central, State or any Local or other authority or a corporation owned or controlled by the Government of India. The law made by Parliament for the purpose may specify the jurisdiction and procedure of the tribunals. Under clause 2(d), the law may exclude the jurisdiction of all courts except that of the Supreme Court under article 136 with respect to the service matters falling within the purview of the tribunals.

 

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Filed Under: Indian Politics
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Q:

Which one of the following is not correct about the Panchayats as laid down in Part IX of the Constitution of India?

 

A) The Chairperson of a Panchayat needs to be directly by people in order to exercise the right to vote in the Panchayat meetings. B) The State Legislature has the right to decide whether or not offices of the Chairpersons in the Panchayats are reserved for SCs, STs or women.
C) Unless dissolved earlier, every Panchayat continues for a period of five years. D) The State Legislature may by law make provisions for audit of accounts of the Panchayats. 
 
Answer & Explanation Answer: C) Unless dissolved earlier, every Panchayat continues for a period of five years.

Explanation:

The act provides for a five-year term of office to the panchayat at every level. However, it can be dissolved before the completion of its term.the state legislature shall provide for the reservation of offices of chairperson in the panchayat at the village or any other level for the SCs and STs. The state legislature may make provisions with respect to the maintenance of accounts by the panchayats and the auditing of such accounts.

 

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Q:

Which one of the following is not a correct statement regarding the provision of Legislative Council in the State Legislature?

 

A) The States of Bihar and Telangana have Legislative Councils B) The total number of members in the Legislative Council of a State shall not exceed one third of the total number of members in the Legislative Assembly
C) One twelfth of all members shall be elected by electorates consisting of local bodies and authorities D) one twelfth of all members shall be elected by graduates residing in the State
 
Answer & Explanation Answer: B) The total number of members in the Legislative Council of a State shall not exceed one third of the total number of members in the Legislative Assembly

Explanation:

3 is incorrect.

The total number of members in the Legislative Council of a State having such a Council shall not exceed one-third of the total number of members in the Legislative Assembly of that State: Provided that the total number of members in the Legislative Council of a State shall in no case be less than forty.

Of the total number of members of the Legislative council of a State-

(a) as nearly as may be, one-third shall be elected by electorates consisting of members of municipalities, district boards and such other local authorities in the State as Parliament may by law specify;

(b) as nearly as may be, one-twelfth shall be elected by electorates consisting of persons residing in the State who have been for at least three years graduates of any university in the territory of India or have been for at least three years in possession ofqualifications prescribed by or under any law made by Parliament as equivalent to that of a graduate of any such university;

(c) as nearly as may be, one-twelfth shall be elected by electorates consisting of persons who have been for at least three years engaged in teaching in such educational institutions within the State, not lower in standard than that of a secondary school, as may be prescribed by or under any law made by Parliament;

(d) as nearly as may be, one-third shall be elected by the members of the Legislative Assembly of the State from amongst persons who are not members of the Assembly;

(e) the remainder shall be nominated by the Governor in accordance with the provisions of clause.

There are only seven states which have two-tier of legislature –Uttar Pradesh, Maharashtra, Bihar, Karnataka, Andhra Pradesh, Telangana and Jammu & Kashmir.

 

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Filed Under: Indian Politics
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Q:

Which one of the following is not a change brought about by the Indian Independence Act of 1947?

A) The Government of India Act, 1935 was amended to provide an interim Constitution B) India ceased to be a dependency
C) The Crown was the source ofauthority till new Constitution was framed D) The Governor General was the constitutional head of Indian Dominion
 
Answer & Explanation Answer: B) India ceased to be a dependency

Explanation:

Provisions of the Indian Independence Act, 1947. There were six primary provisions in the ‘Indian Independence Act’ 1947.

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