indian political, socio economic panorama & issues (national) MCQ section 5 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

Questions : 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.
Codes:

(a) 3 and 4 only

(b) 2 and 3 only

(c) 1 and 2 only

(d) 1, 3 and 4 only

The correct answers to the above question in:

Answer: (d)

Parliament will have exclusive power to levy GST on imports and inter-state trade.

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Question : 1

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

Answer: (c)

Prime Minister Narendra Modi inaugurated the first Renewable Energy Global Investors Meet and Expo (Re-Invest) 2015 in New Delhi.

Question : 2

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

Answer: (b)

It is a web-enabled system created by National Pharmaceutical Pricing Authority (NPPA).

Question : 3

Consider the following statements:

  1. The Reserve Bank of India (RBI) on 4 March 2015 has cut down repo rate by 25 basis points to 7.5 percent from 7.75 percent, with immediate effect.
  2. RBI has Changed cash reserve ratio (CRR) to 4 percent.
Which of the statements given above is/are correct?

a) 2, only

b) Both 1 and 2

c) 1 , only

d) None of the above

Answer: (c)

RBI has kept the cash reserve ratio (CRR) unchanged at 4 percent

Question : 4

Which of the following statements are correct regarding Beti Bachao-Beti Padhao(BBBP) campaign?

  1. Ministry of Women and Child Development is the nodal agency for the implementation of the scheme.
  2. The scheme was launched from Panipat.
  3. It will be implemented in 100 districts of the country
  4. Central government has provided initial corpus of 100 crore rupees for it.
Codes:

a) 2 and 3 only

b) 2, 3 and 4 only

c) 1, 2 and 4 only

d) All of these

Answer: (d)

The scheme aims to spread awareness about the declining trend of Child Sex Ratio in the country.

Question : 5

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.
Which of the statements given above is/are correct?

a) 2, 3 & 4 only

b) 1 & 2 only

c) 1 & 4 only

d) All of the above

Answer: (d)

Question : 6

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.
Codes:

a) 1 and 3 only

b) 2 and 3 only

c) 1 only

d) All of these

Answer: (b)

Prime Minister Narendra Modi launched National Integrated Power Development Scheme (IPDS) in Varanasi, Uttar Pradesh to provide 24×7 power supply to every house.

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