indian political, socio economic panorama & issues (national) MCQ section 6 Practice Questions Answers Test with Solutions & More Shortcuts

Question : 6

Which of the following statements are correct regarding National Minorities Development and Finance Corporation (NMDFC)?

1. It works under the aegis of Ministry of Minority Affairs.
2. It is a public enterprise with centre holding 51% shares.
3. It provides loans at lower interest rates for self-employment to backward sections of the minority communities.
4. Muslims, Christians, Sikhs, Buddhists, Jains and Parsis are covered under this scheme.

a) 1, 3 and 4 only

b) 3 and 4 only

c) 1 and 2 only

d) All of these

Question : 7

Consider the following statements given below, and choose the Statement (s) which is/are correct?

1. National development and reform commission is an institution modelled on the Lines of Planning commission of Nepal.
2. Planning commission has been replaced with National development and Reform commission which will be more promising.

a) Only 2

b) Both 1 and 2

c) Only 1

d) Neither 1 nor 2

Question : 8

Which of the following are the correct features of the Small Factories (Regulation of Employment and Conditions of Services) Bill, 2014?

1. The factories covered under the bill will have to register within 60 days of commencement of business
2. The employer can pay to employee through cash, cheque or account transfer
3. The chief inspector will be authorised to cancel the registration of a factory
4. The sacking procedure has been eased

a) 1, 3 and 4 only

b) 2 and 4 only

c) 1 and 2 only

d) All of the above

Question : 9

Arrange the following countries in decreasing order with higheststeel producer as first and so on.

1. Japan
2. USA
3. China
4. India

a) 3, 1, 4, 2

b) 2, 3, 4, 1

c) 3, 2, 1, 4

d) 3, 4, 2, 1

Question : 10

Recently, Reserve Bank of India has imposed monetary penalty on two banks due to violation of Know Your Customer (KYC norms). Which of the following are those banks?

a) ICICI Bank and State Bank of Patiala

b) State Bank of Patiala and Yes Bank

c) ICICI Bank and Bank of Baroda

d) HDFC Bank and IDBI Bank