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

Question : 36

Which of the following statement(s) is/are correct?

  1. The maximum limit for an MSME (Micro, Small and Medium Enterprises) in service sector is Rs. 10 crore
  2. The growth rate of MSMEs in 11th five year pln was more than 10%.
  3. MSMEs count for more than one-third of exports from India
Codes:

a) 1 and 2 only

b) 1 and 3 only

c) 1 only

d) 2 and 3 only

Answer: (d)

The maximum limit for an MSME in service sector is Rs. 5 crore and for manufacturing is Rs 10 crore.

Question : 37

How many Central Public Sector Enterprises (CPSEs) have been decided to be closed down by the Union Cabinet?

a) 7

b) 8

c) 9

d) 10

Answer: (a)

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.

Question : 38

Which of the following statements are correct?

  1. Gujarat Forest Department has signed a MoU with The Zoological Society of London (ZSL) for conservation of Asiatic lion and its habitat.
  2. Asiatic lions are found only in Gir forest.
  3. They have been listed as endangered species by IUCN.
Codes:

a) 1 and 3 only

b) 2 and 3 only

c) 1 and 2 only

d) All of these

Answer: (d)

Gir National Park and Wildlife Sanctuary in Western Gujarat is the only habitat for the Asiatic lion. ZSL will provide technical assistance to forest department in handling rescue operations and treatment centres.

Question : 39

Which of the following statements are correct regarding Council of Scientific & Industrial Research (CSIR)?

  1. It is an autonomous body established in 1942.
  2. It is India’s largest research and development (R&D) organization.
  3. President of India is the Chairman of CSIR.
  4. As Kiran Kumar is the present Director General of CSIR.
Codes

a) 2 and 3 only

b) 1, 3 and 4 only

c) 1 and 2 only

d) All of these

Answer: (c)

Prime Minister is the Chairman of CSIR. Dr M.O. Garg has recently taken charge as Director General (DG) of CSIR.

Question : 40

Which of the following statement(s) is/are correct?

  1. RBI has prescribed the maximum age of CEOs of private banks as 70 years in accordance with PJ Nayak Committee
  2. This is the first time that the RBI has prescribed the retirement age in private bank
Codes:

a) 2 only

b) Both 1 and 2

c) 1 only

d) Neither 1 Nor 2

Answer: (a)

PJ Nayak Committee recommended the maximum retirement age as 65 years whereas RBI has prescribed it as 70 years

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