General Knowledge Questions

DNA - Deoxyribonucleic acid is a type of nucleic acid. The sugar contained in it is called Deoxyribose.

The concept of maintaining heightened protective posture only in those areas (or zones) that are contaminated, allowing personnel in uncontaminated areas to continue to operate in a reduced posture. Also called split-MOPP. Airbases or operating locations are divided into sectors allowing MOPP levels and alarm conditions to be adjusted based on the level of threat.

The installation commander decides to implement Split MOPP concept when and where ever necessary.

Supreme Court collegium has selected senior advocate Indu Malhotra as the first woman lawyer to be directly appointed as a judge of the apex court.

Along with Malhotra, Uttarakhand High Court Chief Justice KM Joseph has also been promoted as a Supreme Court justice.

Malhotra holds the distinction of being only the second woman in Supreme Court’s history to be designated as a senior advocate in 2007.

In all, Malhotra is going to be the seventh woman judge since independence to make it to the Supreme Court.

At present, Justice R Banumathi is the lone woman judge in the apex court.

The Reserve Bank of India has appointed Smt. Malvika Sinha as Executive Director (ED).

As Executive Director Smt. Sinha will look after Foreign Exchange Department, Department of Government and Bank Accounts and Internal Debt Management Department.

Smt. Malvika Sinha holds a Masters Degree from University of Bombay and has done her Masters in Public Administration. She is also a Certificated Associate of Indian Institute of Bankers.

Smt. Sinha joined Reserve Bank in 1982 and as a career central banker served in the areas of regulation and supervision, foreign exchange and Government and Bank Accounts in the Bank. Prior to being promoted as ED, Smt. Sinha was Principal Chief General Manager, Department of Co-operative Banking Supervision in the Reserve Bank.

Laissez-faire is simply a way to describe a government's hands-off approach to economic policies. This approach was particularly prevalent in the United States at the turn of the 20th century, which led to numerous issues within American manufacturing.

There are many outcomes of laissez-faire economic policies. Some of the outcomes of laissez-faire economics were:

* Businesses pay workers low.

* Pollution of air and water.

* Poverty traps that cannot be escaped through free choice. 

* General glut that results from overproduction or underconsumption

* Monopoly power that emerges naturally in the market and allows businesses to exploit consumers. 

* Exploitation of the working class that pushes wages down to subsistence and compels laborers to work in harsh and unsafe conditions. 

* External economies that generate situations where desirable goods are underproduced on the market, and undesirable goods are overproduced on the market. 

* Public goods that are not supplied by the market due to free-rider problems.

Michelangelo Antonioni

Monetary policy is the process by which the monetary authority of a country, typically the central bank or currency board, controls either the cost of very short-term borrowing or the monetary base, often targeting an inflation rate or interest rate to ensure price stability and general trust in the currency.

The basic objective of monetary policy is to assist the economy in achieving a full-employment, noninflationary level of total output.

Cause-effect chain: Changes in the money supply affect interest rates, which affect investment spending and therefore aggregate demand.

Though this is essentially a Committee of the House of the people (Having 15 members from that house), by an agreement between the two houses, 7 members from the other Houses are also associated with this committee, in order to strengthen it.