indian political, socio economic panorama & issues (national) MCQ section 4 Practice Questions Answers Test with Solutions & More Shortcuts
indian political, socio economic panorama & issues (national) PRACTICE TEST [7 - EXERCISES]
indian political, socio economic panorama & issues (national) MCQ section 1
indian political, socio economic panorama & issues (national) MCQ section 2
indian political, socio economic panorama & issues (national) MCQ section 3
indian political, socio economic panorama & issues (national) MCQ section 4
indian political, socio economic panorama & issues (national) MCQ section 5
indian political, socio economic panorama & issues (national) MCQ section 6
indian political, socio economic panorama & issues (national) MCQ section 7
Question : 27
Which of the following are the features of the Insurance Laws (Amendment) Bill being introduced in the parliament?
- The bill allows 49% foreign stakes in insurance firms, which may include both foreign direct investment (FDI) and foreign portfolio investment.
- The limit for paid-up capital for health insurance firms is Rs 100 crore.
- The management of an insurance company can be in foreign hands.
a) 1 and 2 only
b) 2 and 3 only
c) 1 only
d) All of these
Answer »Answer: (a)
The bill retains the condition that management and control of the company has to remain in Indian hands.
Question : 28
Consider the following statements:
- After acceptance of Mayaram panel report, any investment more than 10% would be treated as FDI
- Qualifies Foreign Investors (QFIs) are also a part of FDI.
a) 2 Only
b) 1 and 2 Both
c) 1 Only
d) None
Answer »Answer: (c)
QFIs comes under Foreign Portfolio Investment (FPI).
Question : 29
Green PHABLET, a customised low-cost combination of phone and tablet computer, has been launched with the aim to empower
a) Hilly Areas
b) Women
c) Students
d) Farmers
Answer »Answer: (d)
The device aims to empower small farmers who own small plots of land by providing them with precise information related to agriculture and help them purchase inputs at lower prices.
Question : 30
The Union Government has set a target to achieve literacy rate in the country by 2017 :
a) 85%
b) 78%
c) 80%
d) 82%
Answer »Answer: (c)
The Union Government of India announced that it has set a target to achieve 80% literacy rate in the country by 2017. The literacy rate of the country at present is 74%.
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