Indian Political, Socio Economic Panorama & Issues (national) MCQ Section 6 Practice Questions Answers Test With Solutions & More Shortcuts

Question : 1

Consider the following statements:

1. The Reserve Bank of India (RBI) on 4 March 2015 has cut down repo rate by 25 basis points to 7.5 percent from 7.75 percent, with immediate effect.
2. RBI has Changed cash reserve ratio (CRR) to 4 percent.

Which of the statements given above is/are correct?

a) 2, only

b) Both 1 and 2

c) 1 , only

d) None of the above

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Question : 2

Which among the following states has been awarded the 10th national award for excellent work in Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA)?

a) Gujarat

b) Madhya Pradesh

c) Himachal Pradesh

d) Maharashtra

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Question : 3

Which of the following statement(s) is/are regarding the Ninth Edition of the National Health Profile, 2013 are correct?

1. Percentage of Public Funds in health sector is more than 50%.
2. Uttar Pradesh reported the maximum number of foeticide and infanticide cases.

Choose the correct code from the options given below:

a) 2 Only

b) 1 and 2 both

c) 1 Only

d) None

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Question : 4

With reference to India-Africa Forum Summit (IAFS) 2015, consider the following statements:

1. It aimed to enable consultations at the highest political level between 54 nations across Africa and the Indian government.
2. India announced 100 billion US dollars of credit at concessional rate over 5 years.
3. It is in addition to about 7.4 billion US dollars that India has already pledged since 2008.
4. India will provide 10000 scholarships to African students to avail higher education in our country.

Which of the statements given above is/are not correct?

a) 1, 2 & 4

b) 1 & 2 only

c) 2 & 4 only

d) 2 & 3 only

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Question : 5

With reference to IDFC Bank recently inaugurated by Prime Minister Narendra Modi in New Delhi, which of the following is/are not correct?

a) It was incorporated in 2007.

b) It founded a non-operative financial holding company (NOFHC) in 2014 to manage its five subsidiaries IDFC Bank, IDFC MF, IDFC Alternatives, IDFC IDF & IDFC Securities

c) It is an Indian Banking company with headquarters in Mumbai.

d) It was granted a universal banking license in July 2015 by the Reserve Bank of India (RBI).

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