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Q:

A person is disqualified for being chosen as, and for being, a Member of either House of the Parliament if the person

1. holds any office of profit under the Government of India or the Government of any State other than an office declared by the Parliament by law not to disqualify its holder

2. is an undischarged insolvent

3. is so disqualified under the Tenth Schedule of the Constitution of India

4. is of unsound mind and stands so declared by a competent Court

Select the correct answer using the code given below.

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

Explanation:

Disqualification of MP's and MLA's on the ground of holding office of profit is a controversial topic of nation-wide debate. It began with the disqualification of Samajwadi Party MP Jaya Bachchan from Rajya Sabha on March 17, 2006 with retrospective effect from July 14, 2004.There are separate provisions of disqualification for the Members of Parliament and MLAs. Our constitution clearly mentions that the Parliament has the power to make a law in respect to the issue of qualification and disqualification of the membership in case:

(i) He holds any office of profit under the Government of India or of any state, other than an office declared by a law of Parliament not to disqualify its holder.

(ii) He is of unsound mind and stand so declared by a competent court.

(iii) He is an undischarged insolvent.

(iv) He is not a citizen of India or has voluntarily acquired the citizenship of a foreign state, or is under any acknowledgement or allegiance or adherence to a foreign state, and

(v) It is he so disqualified by or under any law of Parliament. It applies to the case of 'defection' as prescribed in tenth schedule.

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Filed Under: Indian Politics
Exam Prep: Bank Exams

Q:

Which of the following are the functions of the National Human Rights Commission (NHRC)?

1. Inquiry at its own initiative on the violation of human rights

2. Inquiry on a petition presented to it by a victim

3. Visit to jails to study the condition of the inmates

4. Undertaking and promoting research in the field of human rights

Select the correct answer using the code given below.

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

Explanation:

The Commission performs the following functions, namely:Inquire, Suo motu or on apetition presented to it by a victim or any person on his behalf, into complaint of

a) violation of human rights –this is extremely obvious

b) negligence in the prevention of such violation, by a public servant.

c) intervene in any proceeding involving any allegation of violation of human rights pending before a court with the approval of such court.

d) visit, under intimation to the State Government, any jail or any other institution under the control of the State Government, where persons are detained or lodged for purposes of treatment, reformation or protection to study the living conditions of the inmates and make recommendations.

e) review the safeguards provided by or under the Constitution or any law for the time being in force for the protection of human rights and recommend measures for their effective implementation.

f) review the factors, including acts of terrorism that inhibit the enjoyment of human rights and recommend appropriate remedial measures.

g) study treaties and other international instruments on human rights and make recommendations for their effective implementation.

h) undertake and promote research in the field of human rights.

i) spread human rights literacy among various sections of society and promote awareness of the safeguards available for the protection of these rights through publications, the media, seminars and other available means.

j) encourage the efforts of non-governmental organisations and institutions working in the field of human rights.

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Filed Under: Indian Politics
Exam Prep: Bank Exams

Q:

A stretch of sea water, partly or fully separated by a narrow strip from the main sea is called

A) Bay B) Isthmus
C) Lagoon D) Strait
 
Answer & Explanation Answer: C) Lagoon

Explanation:
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Filed Under: World Geography
Exam Prep: Bank Exams

Q:

Which of the following statements about the India Post Payments Bank (IPPB) is/are correct?

1. It has been incorporated as a Public Limited Company.

2. It started its operation by establishing two pilot branches at Hyderabad and Varanasi.

Select the correct answer using the code given below.

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

Explanation:

With simple, diverse and growth-oriented offerings, IPPB aims to give every Indian access to efficient banking services.Incorporated as a Public-Sector Bank under the Department of Posts with 100% GOI equity, IPPB has launched on January 30th, 2017 in Ranchi and Raipur with the objective of being present in all corners of India by the end of the year.

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Filed Under: General Awareness
Exam Prep: Bank Exams

Q:

In October 2017, India sent its first shipment of wheat to Afghanistan as a j part of commitment made by the Government of India to supply 1.1 million tonnes of wheat to that country on grant basis. The shipment was sent through

A) Iran B) Pakistan
C) Tajikistan D) China
 
Answer & Explanation Answer: A) Iran

Explanation:

October 2017: A press release from the Ministry of External Affairs (MEA) noted that the consignment would be the first to use the new route via Chabahar (Iran) to access Afghanistan, even as India plans similar transfers in the coming months.The shipment of wheat is a landmark moment as it will pave the way for operationalisation of the Chabahar port as an alternative, reliable and robust connectivity for Afghanistan. It will open up new opportunities for trade and transit from and to Afghanistan and enhance trade and commerce between the three countries (India, Iran and Afghanistan) and the wider region.

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Filed Under: Indian History
Exam Prep: Bank Exams

Q:

The Reserve Bank of India has recently constituted a high-level task force on Public Credit Registry (PCR) to suggest a road map for developing a transparent, comprehensive and near-real-time PCR for India. The task force is headed by

A) Sekar Kamam B) Vishakha Mulye
C) Sriram Kalyanaraman D) Y. M. Deosthalee
 
Answer & Explanation Answer: D) Y. M. Deosthalee

Explanation:

The Reserve Bank of India has constituted a 10-member ‘High Level Task Force on Public Credit Registry (PCR) for India’, which will, among other things, suggest a roadmap for developing a transparent, comprehensive and near-real-time PCR for India.Headed by YM Deosthalee, ex-CMD, L&T Finance Holdings, the task force includes Sekar Karnam, DMD & Chief Credit Officer, SBI; Vishaka Mulye, ED, ICICI Bank; Rashesh Shah, Chairman and CEO, Edelweiss Group; and Sriram Kalyanaraman, MD and CEO, National Housing Bank.

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Filed Under: General Awareness
Exam Prep: Bank Exams

Q:

Which of the following National Parks of India are declared as World Heritage by UNESCO?

1. Keoladeo National Park

2. Sundarbans National Park

3. Kaziranga National Park

4. Ranthambore National Park

Select the correct answer using the code given below.

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

Explanation:
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Filed Under: World Organisations
Exam Prep: Bank Exams

Q:

The innovation theory of profit was proposed by

A) Marshall B) Clark
C) Schumpeter D) Joan Robbinson
 
Answer & Explanation Answer: C) Schumpeter

Explanation:
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Filed Under: Indian Economy
Exam Prep: Bank Exams