Questions

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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Q:

The name of the first bank established in India was

 

A) Bank of Hindustan B) Reserve Bank of Indian
C) Imperial Bank D) State Bank of India
 
Answer & Explanation Answer: C) Imperial Bank

Explanation:
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Filed Under: Inventions
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Q:

Which  of  the  following  statements  about Bitcoin is/are correct?

1.It is a decentralized virtual currency.

2.It    is    generated    through    complex computer software systems.

3.The  Reserve  Bank  of  India  recognized it as a legal tender in January 2016.

Select  the  correct  answer  using  the  code given below.

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

Explanation:

Bitcoin is the world's first cryptocurrency,    a    form    of electronic   cash.It   is   the    first decentralized digital  currency:  the system   was   designed   to   work without   acentral   bankor   single administrator.Bitcoins    are    sent from  user  to  user  on  the peer-to-peer bitcoin network directly, without the need for intermediaries.  These  transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a block chain. Bitcoin was invented by an unknown person or group of people   using   the   name Satoshi Nakamoto. Bitcoins are not recognised  as  a  legal  tender  by Reserve Bank of India. 

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Filed Under: Indian Economy
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Q:

Which Part of Indian Constitution deals with Centre-State financial relations?

 

A) Part X B) Part VIII
C) Part XII D) Part XX
 
Answer & Explanation Answer: C) Part XII

Explanation:
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Q:

Which Five Year Plan was a failure due to India-China war followed by Indo-Pakistan?

 

A) Fourth Five Year Plan B) Seventh Five Year Plan
C) Third Five Year Plan D) Rolling Plan
 
Answer & Explanation Answer: C) Third Five Year Plan

Explanation:
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Q:

How is the nitrogen taken up by the plants?

I. In the form of inorganic nitrates or nitrites
II. In the form of organic compounds
III. Directly taken up from the atmosphere

A) Only I and II B) Only I and III
C) Only II and III D) All I, II and III
 
Answer & Explanation Answer: A) Only I and II

Explanation:
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Filed Under: General Science
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Q:

Crop rotation helps to

 

A) eliminate parasites which have selective hosts B) lessen use of pesticides
C) produce a greater choice of plant products D) yield more crops
 
Answer & Explanation Answer: A) eliminate parasites which have selective hosts

Explanation:

Crop rotation is the technique of planting crops in a different area of the garden so that no single crop will be planted in the same place two—or more—years in a row.

 

Crop rotation helps to maintain soil structure and nutrient levels and to prevent soilborne pests from getting a foothold in the garden.

 

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Q:

The main reason that congress creates committees is to?

 

A) educate new members B) create party powers bases.
C) divide the workload D) introduce new bills
 
Answer & Explanation Answer: C) divide the workload

Explanation:

The main reason that congress creates committees is to divide work load.

 

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