Practice Indian political socio economic panorama issues - general awareness mcq Online Quiz (set-1) For All Competitive Exams
Q-1) How many Central Public Sector Enterprises (CPSEs) have been decided to be closed down by the Union Cabinet?
(a)
(b)
(c)
(d)
The Seven CPSEs are HMT Bearings, HMT Watches, HMT Chinnar Watches, Tungabhadra Steel Products, Hindustan Photo Films Manufacturing Co., Hindustan Cables and Spices Trading Corporation Ltd.
Q-2) How many Mega food parks were approved by union government for food processing across the country in 2015?
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(b)
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(d)
Union Government has approved 17 mega food parks for food processing across the country. The scheme aims at facilitating the establishment of a strong food processing industry in the country.
Q-3) The Current CRR is ______.
(a)
(b)
(c)
(d)
Q-4) The Foreign Direct Investment (FDI) cap in defence sector has been increased to?
(a)
(b)
(c)
(d)
The union government in its budget proposed to hike the FDI cap in defence and insurance to 49% from 26%.
Q-5) Which of the following banks launched India’s first digital bank Pockets .?
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(b)
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(d)
The Industrial Credit and Investment Corporation of India (ICICI) Bank, has launched India’s first digital Bank on mobile phones, Pockets.
Q-6) According to RBI, which of the following are the criteria to designate banks as Domestic Systemically Important Banks (D-SIBs)? - It should have a size beyond 1 per cent of GDP
- Interconnectedness
- lack of readily available substitutes
- its complexity
Choose the correct option from the codes given below:
(a)
(b)
(c)
(d)
The bank should have a size beyond 2 per cent of GDP to be designated as a D-SIB.
Q-7) Which of the following has become India’s first Wi-Fi-enabled metro city?
(a)
(b)
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Kolkata has become India’s first Wi-Fienabled metro city. The whole city is expected to come under Wi-Fi coverage by mid-April in 2015.
Q-8) Mahindra & Mahindra is in talks with which French automobile major, for a strategic alliance?
(a)
(b)
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According to top automobile industry sources in India and France, a senior level team from Mahindra has already visited the Peugeot headquarters.
Q-9) Adya Sharma, who died recently, was related to which field?
(a)
(b)
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(d)
Adya Sharma was pioneer of mobile theatre in Assam. He was also a well known painter and sculpture artist.
Q-10) Consider the following statements about the 8th edition Global Innovation Index (GII) 2015 released recently: - The index is topped by Russia for being the most innovative nation.
- Countries like China, Malaysia, Vietnam, India, Jordan, Kenya and Uganda are among a group of countries outperforming their economic peers as per the GII 2015.
- India’s ranking has slipped further to 81 in the list.
- India remains at the bottom of the regional ranking of Central and Northern Asia.
Which of the statements given above is/are not correct?
(a)
(b)
(c)
(d)
The index is topped by Switzerland for being the most innovative nation. India remains at the bottom of the regional ranking of Central and Southern Asia.
Q-11) Consider the following statements: - Six Indian women entrepreneurs and businesswomen have been named by Fortune as among the 50 ‘Power Businesswomen’ from Asia.
- Kiran Mazumdar Shaw is the MD of Shriram Capital.
- Shikha Sharma is the MD of Life Insurance Corporation of India (LIC).
Which of the statements given above is/are correct?
(a)
(b)
(c)
(d)
Six Indian women entrepreneurs and businesswomen have been named by Forbes magazine as among the 50 ‘Power Businesswomen’ from Asia. Kiran Mazumdar Shaw- Chairman & MD of Biocon. Shikha Sharma- CEO of Axis Bank.
Q-12) Which of the following statements are correct regarding Credit Suisse emerging consumer scorecard 2015? - The scorecard was prepared by fifth annual Emerging Consumer Survey by the Credit Suisse Research Institute.
- India has topped the list among nine emerging economies.
- e-commerce share in India have increased to 32 per cent from 20 per cent in 2013.
Codes
(a)
(b)
(c)
(d)
The survey provides insights regarding consumer sentiment and future consumption patterns in emerging economies. India improved itsrank from fourth to first.
Q-13) Which of the following are the recommedations of the Law Commision headed by Justice A.P. Shah? - To introduce “cooling off” period for retired judges before they accept the position offered by the government.
- To fix the same retirement age of 65 years for the judges of Supreme court and the High courts
- To fix the tenure of the Chief Justice of India to minimum two years
Choose the correct option from the codes given below:
(a)
(b)
(c)
(d)
Justice A.P. Shah chaired Law Commission has recommended fixed tenure for CJI along with fixing 65 years as the retiring age for supreme court and High courts judges. It also suggested a cooling off period for judges before taking any government position post-retirement.
Q-14) Which of the following statements are correct regarding Beti Bachao-Beti Padhao(BBBP) campaign? - Ministry of Women and Child Development is the nodal agency for the implementation of the scheme.
- The scheme was launched from Panipat.
- It will be implemented in 100 districts of the country
- Central government has provided initial corpus of 100 crore rupees for it.
Codes:
(a)
(b)
(c)
(d)
The scheme aims to spread awareness about the declining trend of Child Sex Ratio in the country.
Q-15) Which of the following statements are correct regarding Lok Adalats? - The first National Lok Adalat was held in 1982.
- The decision of the Lok Adalat is binding on the parties to the dispute.
- Its decision cannot be challenged in any other court.
Codes:
(a)
(b)
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The first National Lok Adalat was held in 2013. The First Lok Adalat was held in Junagarh district of Gujarat in 1982.
Q-16) How much was the Foreign reserves of India, as on August 1st, 2014?
(a)
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After rising for eight consecutive weeks, India’s foreign exchange reserves declined by USD 573.5 million to USD 319.99 billion in the week of August 1 on the back of a major drop in foreign currency assets.
Q-17) Union Law Ministry notified Delhi HighCourtAmendment Act, 2015. Consider the following statements in the given context:
- It empowers the Chief Justice of the Delhi High Court to transfer any pending suit or other proceedings to a relevant subordinate court.
- It provides for the enhancement of pecuniary jurisdiction of the District Courts of Delhi from 20 lakh to 2 crore rupees.
Which of the above statement is/are correct?
(a)
(b)
(c)
(d)
The act empowers the Chief Justice of the Delhi High Court to transfer any pending suit or other proceedings to a relevant subordinate court. The Act provides for enhancement of pecuniary jurisdiction of the District Courts of Delhi from Rs. 20 lakh to Rs. 2 crores.
Q-18) Which of the following are the features of Judicial Appointments Commission (JAC) Bill?
- JAC will recommend for the appointment of the Supreme Court judges and the High Court judges.
- JAC will recommend the transfer of the judges of the High courts.
- It will set criteria for the appointment of lower court judges.
Choose the correct option from the codes given below:
(a)
(b)
(c)
(d)
JAC will not be responsible for the appointment of lower court judges.
Q-19) Which of the following is correct about SC & ST (Prevention of Atrocities) Amendment Bill 2014?
- The bill seeks to amend parent law i.e. the Scheduled Castes and the Scheduled Tribes (Prevention of Atrocities) Act, 1989.
- It aims to prohibit the commission of offences against members of the SCs and STs and adds provisions for establishing special courts.
- The bill adds a new chapter dealing with the rights of victims and witnesses.
Codes:
(a)
(b)
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Lok Sabha passed The Scheduled Castes and Scheduled Tribes (Prevention of Atrocities) Amendment Bill, 2014.
Q-20) Which of the following are the features of Deen Dayal Upadhyaya Grameen Kaushalya Yojana?
- The minimum age for entry in skill development programme is 15 years.
- Private agencies will be promoted to impart skills to the rural youth
- Youth belonging to only Below the Poverty Line (BPL) households will be benefitted under the scheme.
Codes:
(a)
(b)
(c)
(d)
The scheme is not limited to the youth of BPL households.