indian political, socio economic panorama & issues (national) MCQ section 5 Practice Questions Answers Test with Solutions & More Shortcuts

Question : 11

Which of the following statements are correct regarding high-level panel on urban cooperative banks (UCB) appointed by the Reserve Bank of India?

  1. The panel will be headed by Raghuram Rajan.
  2. It will suggest appropriate size of UCBs and the line of businesses it may be permitted to undertake.
  3. It will analyse the modalities of implementing the suggestion of the Malegam Committee.
Codes

a) 1 and 3 only

b) 2 and 3 only

c) 1 and 2 only

d) All of these

Answer: (b)

RBI’s Deputy Governor R Gandhi will head the committee.

Question : 12

ONGC Videsh Ltd (OVL) willsign a deal to aquire oilfieldsin Siberia.Which ofthe following oilfields are included in the deal?

  1. PetroCarabobo
  2. San Cristoba
  3. Vankor
  4. Yurubcheno Tokhomskoye
Codes:

a) 2 and 3 only

b) 1 and 4 only

c) 1 and 2 only

d) 3 and 4 only

Answer: (d)

Petro Carabobo and San Cristoba oilfields are located in Venezuela.

Question : 13

Which of the following are the recommendations of Deepak Parekh Committee on Infrastructure?

  1. Establish a PPP model for power distribution
  2. Power Tariffs should be under a grading system according to the paying capabillities of households.
  3. Privatisation of coal mining
  4. Disinvestment in Public Sector Banks
Codes:

a) 1, 2 and 3 only

b) 3 and 4 only

c) 1 and 2 only

d) All of the above

Answer: (a)

Disinvestment in Public Sector Banks is not a proposal by the committee.

Question : 14

Who has been appointed as the new Chief Election Commissioner (CEC) of India?

a) Sindhushree Khullar

b) Harishankar Brahma

c) S C Sinha

d) Sekhar Basu

Answer: (b)

Harishankar Brahma succeeded V S Sampat to become new Chief Election Commissioner (CEC) of India.

Question : 15

India has recently signed a Memorandum of Understanding in the field of textile and clothing with which of the following countries?

a) Belarus

b) Kyrgyzstan

c) Turkmenistan

d) Kazakhstan

Answer: (b)

India has signed MoU with Kyrgyzstan in the three fields. These include Textiles and Clothing, Silk and Sericulture and Fashion.

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