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Q:

Consider the  following statements  about the Second Five-Year Plan :

1.It  was  drafted  under  the  leadership  of K. N. Raj

2.It    proposed    that    industries    like electricity,  railways,  steel,  machineries and communication could be developed in the public sector.

3.The  drafters  found  balancing  industry and agriculture very difficult.

4.The  drafters  found  balancing  industry and agriculture really easy.

Which of the statements given above is/are correct?

A) 1 only B) 1 and 2
C) 2 and 3 D) 3 and 4
 
Answer & Explanation Answer: C) 2 and 3

Explanation:

The   Second   Five-year   plan   was drafted  under  the  leadership  of  P. C.   Mahalanobis. It   focused   on heavy    industries    and    followed socialist  pattern  of  society  as  its goal.Since savings and investment were growing in this period, a bulk of  these  industries  like  electricity railways,   steel, machineries   and communication could be developed in the public sector. However it had its   problems   as   well,because industry attracted more investment than  agriculture,  the  possibility  of food shortage became adverse.So, the    planners    found    balancing industry    and    agriculture    really difficult;  while  K.  N.  Raj  drafted sections  of  India’s  first  Five-Year Plan

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Filed Under: Indian Politics
Exam Prep: Bank Exams

Q:

Which  of  the  following  statements  about the Ilbert Bill (1883) is/are correct?

1.It  proposed  to  grant  limited criminal jurisdiction to native officials.

2.It proposed to grant complete civil and criminal jurisdiction to native officials.

3.The proposed Bill generated opposition from England’s  European  subjects  in India.

4.In spite of opposition to the Bill, it was passed without any modifications.

Select  the  correct  answer  using  the  code given below.

A) 1 and 2 B) 2 only
C) 1 and 3 D) 3 and 4
 
Answer & Explanation Answer: B) 2 only

Explanation:

Ilbert  Bill  was  introduced  in  1883 by  Viceroy  Ripon.  It  proposed  to grant  limited  criminal  jurisdiction to  native  officials  over  European British    subjects    living    in    the districts under their charge.It also allowed Indian judges and magistrates  the  jurisdiction  to  try British  offenders  in  criminal  cases. After opposition from Europeans in Britain as well as India, the bill was withdrawn  and  reintroduced  after amendment  saying  that  a  jury  of 50%  Europeans  was  required  if  an Indian    judge    was    to    face    a European.

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Filed Under: Indian History
Exam Prep: Bank Exams

Q:

Which one of the following statements is not correct in respect of the South Asian Association for Regional Cooperation (SAARC)?

A) Its Headquarters is located in Kathmandu. B) China is the only country with an Observer status in SAARC.
C) The first SAARC Summit was held in Dhaka. D) The Eighteenth SAARC Summit was held in Nepal.
 
Answer & Explanation Answer: C) The first SAARC Summit was held in Dhaka.

Explanation:

All  are  correct  except  3,  as  First SAARC    Summit    was    held    in Kathmandu

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Filed Under: World Organisations
Exam Prep: Bank Exams

Q:

India  signed  an  agreement  in  2016  to develop   a   strategic   port   in   one   of   its neighbouring  countries.  What  is  the  name of the port?

A) Chabahar B) Gwadar
C) Hambantota D) Mongla
 
Answer & Explanation Answer: A) Chabahar

Explanation:

India   signed   a   historic   deal   to develop    the    strategic    port    of Chabahar  in  Iran  and  agreed  on  a three-nation    pact    to    build    a transport-and-trade corridor through   Afghanistan   that   could help  halve  the  time  and  cost  of doing  business  with  Central  Asia and     Europe.     Developing     the  Chabahar  port  was  seen  as  crucial for  India  because  it  will  not  only allow New Delhi to bypass Pakistan and access global markets but also counter    China’s    expanding influence   in   the   Indian   Ocean region. But the project’s land route through   Afghanistan   remains   a security headache

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Filed Under: Indian Geography
Exam Prep: Bank Exams

Q:

India  signed  an  agreement  in  2016  to develop   a   strategic   port   in   one   of   its neighbouring  countries.  What  is  the  name of the port?

A) Chabahar B) Gwadar
C) Hambantota D) Mongla
 
Answer & Explanation Answer: A) Chabahar

Explanation:

India   signed   a   historic   deal   to develop    the    strategic    port    of Chabahar  in  Iran  and  agreed  on  a three-nation    pact    to    build    a transport-and-trade corridor through   Afghanistan   that   could help  halve  the  time  and  cost  of doing  business  with  Central  Asia and     Europe.     Developing     the  Chabahar  port  was  seen  as  crucial for  India  because  it  will  not  only allow New Delhi to bypass Pakistan and access global markets but also counter    China’s    expanding influence   in   the   Indian   Ocean region. But the project’s land route through   Afghanistan   remains   a security headache

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Filed Under: Indian Geography
Exam Prep: Bank Exams

Q:

The sensitive information leaked in August 2016 concerns which one of the following defence platforms of India?

A) Fifty Generation Fighter Aircraft B) Combat Helicopters
C) Submarines D) Unmanned Aerial Vehicles
 
Answer & Explanation Answer: C) Submarines

Explanation:

In August 2016, The Government of India is seized of the reported leak of documents related to the ongoing Indian Scorpene submarine programme as reported in sections of the media. The documents that have been posted on the website by an Australian news agency have been examined and do not pose any security compromise as the vital parameters have been blacked out.

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Filed Under: Indian Politics
Exam Prep: Bank Exams

Q:

Which  one  of  the  following  statements  is correct in relation to the GST Bill passed by the Rajya Sabha in August 2016?

A) It  will  replace  all  central  taxes,  duties, etc, only by a single tax. B) It will subsume central as well as State taxes, duties, etc.
C) GST  will  be  levied  on  alcoholic liquor for  human  consumption  at  a  uniform rate of 25 percent. D) Petroleum   and   petroleum   products shall  not  be  subject  to  the  levy  of GST.
 
Answer & Explanation Answer: B) It will subsume central as well as State taxes, duties, etc.

Explanation:

Goods and Services Tax (GST)  will replace  all  central  as well as  state taxes  by  a  single  tax.  GST  will subsume  various  Central  indirect taxes,  including  the  Central  excise duty,Countervailing  duty,  Service tax,  etc.  It  also  subsumes  State Value Added Tax(VAT), Octroi and entry    tax,    Luxury    tax,    etc. Petroleum  products  like  kerosene, naphtha  and  LPG  will  be  under GST,  while  five  items,  including crude oil, natural gas, aviation fuel, diesel    and    petrol    have    been excluded.    Alcohol    for    human consumption will be out of GS

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Filed Under: Indian Politics
Exam Prep: Bank Exams

Q:

Which  one  of  the  following  statements  is not correct?

A) Pavo  cristatus  is  the  national  bird  of India. B) Nelumbo nucifera gaertn is the national flower of India.
C) Ficus  benghalens is  is  the  national  tree of India. D) Mangifera  indica  is  the  national  animal of India.
 
Answer & Explanation Answer: D) Mangifera  indica  is  the  national  animal of India.

Explanation:

All   are   correct   except   D,   as Mangifera  indica  is  scientific  name of Mango

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Filed Under: General Science