indian political, socio economic panorama & issues (national) MCQ section 6 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
(a) It was incorporated in 2007.
(b) It founded a non-operative financial holding company (NOFHC) in 2014 to manage its five subsidiaries IDFC Bank, IDFC MF, IDFC Alternatives, IDFC IDF & IDFC Securities
(c) It is an Indian Banking company with headquarters in Mumbai.
(d) It was granted a universal banking license in July 2015 by the Reserve Bank of India (RBI).
The correct answers to the above question in:
Answer: (a)
It was incorporated on 30 January 1997.
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Read more indian political socio economic panorama issues Based General Awareness Questions and Answers
Question : 1
Which of the following statements are correct regarding National Minorities Development and Finance Corporation (NMDFC)?
- It works under the aegis of Ministry of Minority Affairs.
- It is a public enterprise with centre holding 51% shares.
- It provides loans at lower interest rates for self-employment to backward sections of the minority communities.
- Muslims, Christians, Sikhs, Buddhists, Jains and Parsis are covered under this scheme.
a) 1, 3 and 4 only
b) 3 and 4 only
c) 1 and 2 only
d) All of these
Answer »Answer: (a)
Recently, the share of centre has been increased to 73% from 65%.
Question : 2
Consider the following statements given below, and choose the Statement (s) which is/are correct?
- National development and reform commission is an institution modelled on the Lines of Planning commission of Nepal.
- Planning commission has been replaced with National development and Reform commission which will be more promising.
a) Only 2
b) Both 1 and 2
c) Only 1
d) Neither 1 nor 2
Answer »Answer: (a)
National Development and Reform commission is a new institution which is likely to be modelled after China’s policy advisory body.
Question : 3
Which of the following are the correct features of the Small Factories (Regulation of Employment and Conditions of Services) Bill, 2014?
- The factories covered under the bill will have to register within 60 days of commencement of business
- The employer can pay to employee through cash, cheque or account transfer
- The chief inspector will be authorised to cancel the registration of a factory
- The sacking procedure has been eased
a) 1, 3 and 4 only
b) 2 and 4 only
c) 1 and 2 only
d) All of the above
Answer »Answer: (a)
The employer can pay to employee only through account transfer
Question : 4
With reference to India-Africa Forum Summit (IAFS) 2015, consider the following statements:
- It aimed to enable consultations at the highest political level between 54 nations across Africa and the Indian government.
- India announced 100 billion US dollars of credit at concessional rate over 5 years.
- It is in addition to about 7.4 billion US dollars that India has already pledged since 2008.
- India will provide 10000 scholarships to African students to avail higher education in our country.
a) 1, 2 & 4
b) 1 & 2 only
c) 2 & 4 only
d) 2 & 3 only
Answer »Answer: (c)
India announced 10 billion US dollars of credit at concessional rate over 5 years. India will provide 50000 scholarships to African students to avail higher education in our country.
Question : 5
Which of the following statement(s) is/are regarding the Ninth Edition of the National Health Profile, 2013 are correct?
- Percentage of Public Funds in health sector is more than 50%.
- Uttar Pradesh reported the maximum number of foeticide and infanticide cases.
a) 2 Only
b) 1 and 2 both
c) 1 Only
d) None
Answer »Answer: (d)
Percentage of Public Funds in health sector is 26.70%. Madhya Pradesh reported the maximum number of foeticide and infanticide cases, while it was followed by Uttar Pradesh.
Question : 6
Which among the following states has been awarded the 10th national award for excellent work in Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA)?
a) Gujarat
b) Madhya Pradesh
c) Himachal Pradesh
d) Maharashtra
Answer »Answer: (b)
Madhya Pradesh has been honoured with the award for convergence of MGNREGA scheme with other schemes, which led to construction of permanent assets alongwith employment opportunities.
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