indian political, socio economic panorama & issues (national) MCQ section 5 MCQ Questions & Answers Detailed Explanation

Question : 1

Which of the following statement(s) is/are correct?

1. The maximum limit for an MSME (Micro, Small and Medium Enterprises) in service sector is Rs. 10 crore
2. The growth rate of MSMEs in 11th five year pln was more than 10%.
3. MSMEs count for more than one-third of exports from India

a) 1 and 2 only

b) 1 and 3 only

c) 1 only

d) 2 and 3 only

Question : 2

How many Central Public Sector Enterprises (CPSEs) have been decided to be closed down by the Union Cabinet?

a) 7

b) 8

c) 9

d) 10

Question : 3

Which of the following statements are correct?

1. Gujarat Forest Department has signed a MoU with The Zoological Society of London (ZSL) for conservation of Asiatic lion and its habitat.
2. Asiatic lions are found only in Gir forest.
3. They have been listed as endangered species by IUCN.

a) 1 and 3 only

b) 2 and 3 only

c) 1 and 2 only

d) All of these

Question : 4

In which country, has the Indian Prime Minister inaugurated the first of the eight Coastal Surveillance Radar Systems (CSRS) being set up by India?

a) Maldives

b) Seychelles

c) Mauritius

d) Sri Lanka

Question : 5

Consider the following statements:

1. RBI has lowered Statutory Liquidity Rate (SLR) by 0.50% in its June review.
2. Reduction in SLR helps in increasing credit availability in the market

a) 2 Only

b) 1 and 2 Both

c) 1 Only

d) None

Question : 6

What type of tax has been abolished with a CESS in this budget 2015-16?

a) Wealth Tax

b) Transaction Tax

c) Income Tax

d) Entertainment Tax