indian political, socio economic panorama & issues (national) MCQ section 3 MCQ Questions & Answers Detailed Explanation

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Questions : Consider the following statements about the recently signed a Memorandum of Understanding (MoU) for constructing a Petroleum Product Pipeline between India and Nepal:
  1. It will be built from Raxaul in India to Amlekhgunj in Nepal.
  2. The 41 km pipeline (39 km in India and 2 km in Nepal) will initially supply Petrol, Diesel and Kerosene.
  3. This would be the first transnational petroleum pipeline in South Asia.
  4. It will be constructed by Indian Oil Corporation at a cost of 200 crore rupees from its own budget.
Which of the statements given above is/are not correct?

(a) 1, 3 & 4

(b) 2 only

(c) 2 & 4 only

(d) 1, 2 & 3

The correct answers to the above question in:

Answer: (b)

The 41 km pipeline (2 km in India and 39 km in Nepal) will initially supply Petrol, Diesel and Kerosene.

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Read more indian political socio economic panorama issues Based General Awareness Questions and Answers

Question : 1

Yousaf Ali Kechery, who passed away recently, was a noted poet in ____?

a) Telugu

b) Malayalam

c) Urdu

d) Kannada

Answer: (b)

Yousaf Ali Kechery was a famous Malayalam poet and film personality. A poet of the modern era, he had won several awards for his poetry which include the Odakkuzhal, Kerala Sahitya Academy and Vallathol awards

Question : 2

Which of the following are the recommendations of Mahendra Dev Committee?

  1. The wages under MGNREGA should be more than or equal to the minimum wages in the state.
  2. MGNREGA wages should be revised every year on the basis of Consumer Price IndexAgricultural Labour (CPI-AL)
Choose the correct option from the codes given below:

a) 2 Only

b) 1 and 2 Both

c) 1 Only

d) None

Answer: (c)

Mahendra Dev Committee recommended that the CPI-Rural is the suitable index for protecting the wages against inflation.

Question : 3

Mahindra & Mahindra is in talks with which French automobile major, for a strategic alliance?

a) Renault

b) Peugeot

c) Piaggio

d) Lafarge

Answer: (b)

According to top automobile industry sources in India and France, a senior level team from Mahindra has already visited the Peugeot headquarters.

Question : 4

Which of the following statements are correct?

  1. India and Nepal has signed an agreement to construct hydropower plant on Arun River which flows through Nepal and India.
  2. Satluj Jal Vidyut Nigam will construct this mega power plant
  3. 22 per cent of the power generated from the plant could be used by Nepal free of cost.
Codes:

a) 1 and 3 only

b) 2 and 3 only

c) 1 and 2 only

d) None of these

Answer: (b)

Arun river flows through China and Nepal.

Question : 5

Which of the following statements are correct about Asian Infrastructure Investment Bank (AIIB)?

  1. The headquarter of the bank will be in Beijing.
  2. India is among the founding member of the bank.
  3. Japan will be the second largest share holder of AIIB after China.
Codes:

a) 2 and 3 only

b) 1 and 3 only

c) 1 and 2 ony

d) All of these

Answer: (c)

Japan will be the second largest share holder of AIIB after China.

Question : 6

The Foreign Investment Promotion Board (FIPB) has recently cleared 74% foreign holding in which of the following bank?

a) HDFC

b) ICICI

c) Axis Bank

d) Yes Bank

Answer: (a)

Banks can have upto 49% foreign investment without regulatory approval, but above that the banks require approval from RBI and FIPB.

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