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

Question : 1

Which of the following statements are correct regarding Goods and Services Tax (GST) Bill 2011?

1. The bill seeks to amend the constitution under 115th Constitution Amendment Bill, 2011.
2. Parliament and state legislatures would have exclusive power to levy GST on imports and inter-state trade respectively.
3. Appeals on the decision of Dispute Settlement Authority to settle disputes regarding GST lie with the Supreme Court.
4. Petroleum products are exempted from the bill.

a) 3 and 4 only

b) 2 and 3 only

c) 1 and 2 only

d) 1, 3 and 4 only

Question : 2

In which of the following states, the was the first Renewable Energy Global Investors Meet and Expo (Re-Invest) 2015 was inaugurated ?

a) Kolkata

b) Chennai

c) New Delhi

d) Mumbai

Question : 3

Name the scheme that has been launched by the government for redressal of grievances of consumers relating to pricing and availability of medicines?

a) None of these

b) Pharma Jan Samadhan Scheme

c) Pharma Redressal Scheme

d) Ausadhi Samadhan Scheme

Question : 4

Consider the following statements about the recent Joint Declaration of the Heads of the Migration Authorities of the BRICS nations:

1. Resolved to combat and prevent transnational organized crimes in line with the Ufa declaration.
2. Affirm the interest of BRICS countries in exchanging views and sharing experience on migration issues
3. Acknowledge the interrelationship between transnational migration and development
4. Reaffirm the openness of the BRICS to deepen collaboration with other countries, international and regional organizations, based on the principle of equality and mutual respect.

a) 2, 3 & 4 only

b) 1 & 2 only

c) 1 & 4 only

d) All of the above

Question : 5

Which of the following statement is/are correct about the recently launched National Integrated Power Development Scheme (IPDS)?

1. It was launched at Lucknow in Uttar Pradesh by Prime Minister Narendra Modi.
2. It aims to strengthen the transmission and distribution (T&D) networks.
3. It was announced in Union Budget 2014-15 and is one of the flagship schemes of the Union Ministry of Power.

a) 1 and 3 only

b) 2 and 3 only

c) 1 only

d) All of these

Question : 6

India signed loan agreement with ___________ for Mizoram State Roads Project (MSRP II).

a) World Bank

b) Asian Development Bank

c) International Monetary Fund

d) UNDP