indian political, socio economic panorama & issues (national) MCQ section 4 MCQ Questions & Answers Detailed Explanation
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The following question based on indian political, socio economic panorama & issues (national) topic of general awareness mcq
(a) Lalit Modi
(b) N. Srinivasan
(c) Sunil Gavaskar
(d) Kapil Dev
The correct answers to the above question in:
Answer: (b)
N. Srinivasan has been appointed as the first Chairman of ICC.
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Read more indian political socio economic panorama issues Based General Awareness Questions and Answers
Question : 1
Which of the following are the features of the Insurance Laws (Amendment) Bill being introduced in the parliament?
- The bill allows 49% foreign stakes in insurance firms, which may include both foreign direct investment (FDI) and foreign portfolio investment.
- The limit for paid-up capital for health insurance firms is Rs 100 crore.
- The management of an insurance company can be in foreign hands.
a) 1 and 2 only
b) 2 and 3 only
c) 1 only
d) All of these
Answer »Answer: (a)
The bill retains the condition that management and control of the company has to remain in Indian hands.
Question : 2
Consider the following statements:
- After acceptance of Mayaram panel report, any investment more than 10% would be treated as FDI
- Qualifies Foreign Investors (QFIs) are also a part of FDI.
a) 2 Only
b) 1 and 2 Both
c) 1 Only
d) None
Answer »Answer: (c)
QFIs comes under Foreign Portfolio Investment (FPI).
Question : 3
Green PHABLET, a customised low-cost combination of phone and tablet computer, has been launched with the aim to empower
a) Hilly Areas
b) Women
c) Students
d) Farmers
Answer »Answer: (d)
The device aims to empower small farmers who own small plots of land by providing them with precise information related to agriculture and help them purchase inputs at lower prices.
Question : 4
Which of the following statements is/are correct about ‘Swachh Bharat Kosh’?
- Funds will be used for improving cleanliness levels only in rural areas.
- It will be under the Ministry of Rural Development.
- Its functioning will be monitored on quarterly basis by Union Minister of Agriculture.
a) 1 and 3 only
b) 2 and 3 only
c) 1 and 2 only
d) None of the above
Answer »Answer: (d)
Funds will be used for improving cleanliness levels in rural and urban areas, including in schools. It will be under the Ministry of Finance and will be managed by a Governing Council headed by Expenditure Secretary.
Its functioning will be monitored on a quarterly basis by the Finance Minister and by the Prime Minister from time to time.
Question : 5
Which of the following statements are correct regarding Central Vigilance Commission CV(c)?
- Central Vigilance Commission is a statutory body.
- It has the powers to exercise superintendence over functioning of the Delhi Special Police Establishment.
- The Central Vigilance Commissioner and the Vigilance Commissioners are appointed by the Parliament.
a) 1 and 3 only
b) 2 and 3 only
c) 1 and 2 only
d) All of these
Answer »Answer: (c)
The Commissioners in CVC are appointed by the President on the recommendation of a committee consisting of the Prime Minister, a Cabinet Minister and the Leader of the Opposition.
Supreme Court has recently directed the government to not appoint CVC without its approval.
Question : 6
Which of the following statements are correct regarding Rashtriya Mahila Kosh (RMK)?
- It is a national credit fund for women under the Ministry of Women and Child Development.
- It extends credit to the women in the informal sector.
- It extends monetary help to the pregnant women
a) 1 and 3 only
b) 2 and 3 only
c) 1 and 2 only
d) All of these
Answer »Answer: (c)
There is no provision to extend monetary help to the pregnant women. The target is to cover at least 10 lakh women under Rashtriya Mahila Kosh (RMK) over the next three years.
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