Q1
Which of the following statements is/are true?
1. Swarnajati Gram Swarozgar Yojana is sponsored only by the Central Government
2. The nodal department/ministry is the Rural Development Department
3. Any person living in rural areas can avail the benefits under this scheme.
Options:
A) 1 & 2
B) Only 2
C) 2 & 3
D) 1, 2, 3
Answer: B
SGSY is sponsored by both Central and State
Govts. It is financed on 75:25 cost sharing basis between the Centre and the
States. BPL Families in rural areas are
the targets of this scheme. Kindly check out the schemes at http://india.gov.in/govt/schemes.php.
Both central and your respective states.
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Q2
Which of the following is/are true?
1. (DTC) Bill is not an amendment but a complete replacement to the existing Income Tax Act, 1961
2. The new Code is drafted by taking into account the internationally-accepted principles of Public Finance and best practices to make it at par with the international practices and not merely to replace the existing Income Tax Act,1961.
Options:
A) Only 1
B) Only 2
C) Both 1 & 2
D) Neither 1 or 2
Answer: C
Read more on direct taxes code.
Answer: C
Read more on direct taxes code.
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Q3
Which of the following is/are true?
1. An Embassy is a building where diplomats work or live while; a High Commission is an embassy of one British Commonwealth country to another.
2. An embassy plays an important role in foreign relations while the High Commission has a role in the Commonwealth Government to another government.
2. An embassy plays an important role in foreign relations while the High Commission has a role in the Commonwealth Government to another government.
Options:
A) Only 1
B) Only 2
C) Both 1 & 2
D) Neither 1 or 2
Answer: C
Answer: C
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Q4
Which of the following is/are true?
1. A country will have only one embassy in another nation whereas it will have a number of consulates in various cities.
2. Consulates in a sense can be called junior embassies.
Options:
A) Only 1
B) Only 2
C) Both 1 & 2
D) Neither 1 or 2
Answer: C
Answer: C
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Q5.
Which of the following is true?
1. The issue of passport is a Central subject and allotted to Ministry of Home Affairs.
2. File a First Information Report at the nearest Police station where you lost the passport.
Options:
A) Only 1
B) Only 2
C) Both 1 & 2
D) Neither 1 or 2
Answer: B
The issue of passport is a Central subject and allotted to Ministry of External Affairs.
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Q6
Which of the following is/are true regarding EITI?
1) It is a transparency initiative.
2) India is a signatory to the initiative.
Options:
A) Only 1
B) Only 2
C) Both 1 & 2
D) Neither 1 or 2
Answer: A
Answer: A
EITI (Extractive Industries Transparency
Initiative) is coalition of Governments, companies, investors, civil
society groups and international organizations and is based in Oslo, Norway. Global std that
promotes revenue transparency and improves governance in extractive industries( eg. mining)
Companies report payments made by them to Governments.
Independently, Govt reports revenues received by them. An independent
administrator verifies and reconciles the two. The EITI ensures this reporting,
auditing and publication.
India is not a signatory. (Economic Times)
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Q7
Which of the following is true?
1. Industrialized countries have now agreed to a second commitment period of Kyoto Protocol which requires them to reduce their emissions in a legally binding manner another five years 2012-2017
2. The Durban Platform for Enhanced action recognizes the importance of equity and CBDR
Options:
A) Only 1
B) Only 2
C) Both 1 & 2
D) Neither 1 or 2
Answer: A
Answer: A
There wasn't even a cursory mention of
equity/CBDR (common but differentiated responsibilities) in Durban Platform - an
issue which is of concern to India.
Feb 14,2012 Hindu Editorial- Lessons from Durban
Conference.
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Q8
Which of the following is/are true?
1. Rajiv Awas Yojana is a state sponsored scheme to make the cities slum free.
2. It includes property rights, basic amenities.
Options:
A) Only 1
B) Only 2
C) Both 1 & 2
D) Neither 1 or 2
Answer: B
RAY is a Central sponsored scheme. The Center would provide financial assistance to States willing to assign property rights to slum dwellers for provision of shelter and basic civic and social services for slum re-development and for creation of affordable housing stock under the RAY scheme.
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Q9
FDI up to 100%, under the government approval route, would be permitted in Single-Brand Product Retail Trading, subject to specified conditions.
Choose the incorrect condition.
A) Products to be sold should be of a 'Single Brand' only.
B) Products should be sold under the same brand internationally i.e.products should be sold under the same brand in one or more countries other than India.
C) 'Single Brand' product-retail trading would cover only products which are branded during manufacturing.
D) The foreign investor should not be the owner of the brand.
Answer: D
The foreign investor should be the owner of the brand.
Answer: D
The foreign investor should be the owner of the brand.
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Q10.
Fiscal Consolidation is
A) Audit on Consolidated Fund of India
B) Government's expenses exceeding the revenue it generates
C) Reducing public deficits and bringing down public debts
D) None of the above.
Answer: C
Answer: C
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