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

Question : 1

Union Law Ministry notified Delhi HighCourtAmendment Act, 2015. Consider the following statements in the given context:

1. It empowers the Chief Justice of the Delhi High Court to transfer any pending suit or other proceedings to a relevant subordinate court.
2. It provides for the enhancement of pecuniary jurisdiction of the District Courts of Delhi from 20 lakh to 2 crore rupees.

a) 1 and 2 both

b) 2 only

c) 1 only

d) Neither 1 nor 2

Question : 2

The Indian government in Union Budget 2014-15 has proposed to open new AIIMS in which of the following states?

1. Kerala
2. Punjab
3. Tamil Nadu
4. Assam

a) 2, 3 and 4 only

b) 3 and 4 only

c) 1, 2 and 3 only

d) All of these

Question : 3

Consider the following statements.

1. India will host the second edition meeting of the Forum for India-Pacific Islands Cooperation (FIPIC) on 21 August 2015 in Jaipur, Rajasthan.
2. The FIPIC meeting will pave the way for agreements in various potential areas between India and these nations.
3. It will include sectors such as agriculture, fisheries, food processing, solar energy etc.

a) 2 and 3only

b) 1 and 2only

c) 2 only

d) All of these

Question : 4

The Current CRR is ______.

a) 4%

b) 5%

c) 6%

d) 7%

Question : 5

Consider the following statements about the approval of the ratification and submitting of theArticles ofAgreement (AoA) of the Asian Infrastructure Investment Bank (AIIB) by the government.

1. India will be the second-biggest shareholder with 18.4 percent stake.
2. Russia will have a 16.5 percent stake.
3. AIIB will help India to raise and avail resources for its infrastructure and sustainable development projects.
4. It will enable India to play a prominent role in the governance of a multilateral institution.

a) 2 only

b) 1 & 2 only

c) 2 & 4 only

d) 3 only

Question : 6

Which of the following statements are correct regarding Insurance Regulatory and Development Authority of India (IRDA)?

1. It is an advisory body.
2. It was created by an act passed in 1999.
3. The headquarter of IRDA is located in Hyderabad.

a) 2 and 3 only

b) 3 only

c) 1 and 2 only

d) All of these