indian political, socio economic panorama & issues (national) MCQ section 4 MCQ Questions & Answers Detailed Explanation

Question : 1

The Union Government has set a target to achieve literacy rate in the country by 2017 :

a) 85%

b) 78%

c) 80%

d) 82%

Question : 2

Which of the following statements are correct?

1. India has recently signed an agreement on Mutual Protection of Classified Information with France.
2. The agreement has paved the way for deeper negotiation and enhancing defence cooperation.

a) 2 only

b) Both 1 and 2

c) 1 only

d) Neither 1 Nor 2

Question : 3

Which of the following statements are correct?

1. Prime Minister Narendra Modi inaugurated Dandi Kutir in Ahmedabad.
2. Dandi Kutir is the biggest permanent museum in the world based on life of one person.

a) 2 only

b) Both 1 and 2

c) 1 only

d) Neither 1 Nor 2

Question : 4

Consider the following statements:

1. After acceptance of Mayaram panel report, any investment more than 10% would be treated as FDI
2. Qualifies Foreign Investors (QFIs) are also a part of FDI.

a) 2 Only

b) 1 and 2 Both

c) 1 Only

d) None

Question : 5

Which of the following are the features of the Insurance Laws (Amendment) Bill being introduced in the parliament?

1. The bill allows 49% foreign stakes in insurance firms, which may include both foreign direct investment (FDI) and foreign portfolio investment.
2. The limit for paid-up capital for health insurance firms is Rs 100 crore.
3. 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

Question : 6

The first Indian to become the Chairperson of ICC is?

a) Lalit Modi

b) N. Srinivasan

c) Sunil Gavaskar

d) Kapil Dev