indian political, socio economic panorama & issues (national) MCQ section 7 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 are provisions of Insurance Laws (Amendment) Bill, 2015?
  1. It increases FDI cap to 49%
  2. It rename Life Insurance Corporation as Life Insurance Council
  3. It allows PSU general insurers to raise funds from the capital market.
Codes

(a) 1 and 3 only

(b) 2 and 3 only

(c) 1 and 2 only

(d) All of these

The correct answers to the above question in:

Answer: (a)

It provides for the establishment of Life Insurance Council and the General Insurance Council. These bodies will regulate the insurance industry.

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Read more indian political socio economic panorama issues Based General Awareness Questions and Answers

Question : 1

Vakkom Purushothaman has been appointed as the Governor of?

a) Sikkim

b) Nagaland

c) Arunachal Pradesh

d) Manipur

Answer: (b)

Vakkom Purushothaman has become the Governor of Nagaland along with additional charge of the office of Governor of Tripura.

Question : 2

University of Disability Studies is proposed to be established in which of the following states?

a) Gujarat

b) Haryana

c) Kerala

d) Tamil Nadu

Answer: (c)

The government in Union Budget 2015-16 has proposed to establish University of Disability Studies in Kerala. This will boost research and development in this field.

Question : 3

Consider the following statements given below and choose the correct option

  1. In Collegium system the CJI recommends the names of the Supreme court Judges after consulting apex courts and also have powers to transfer judges.
  2. The Judicial appointment commission will record names for the CJI, Supreme court Judges, High court chief justice and judges and also have powers to transfer judges.
Choose the appropriate option:

a) Only 2

b) Both 1 and 2

c) Only 1

d) Neither 1 nor 2

Answer: (b)

Both the statements regarding the Judicial Appointment Commission are correct.

Question : 4

Consider the following statements given below and select the statement (s), which is/are correct?

  1. The Union Cabinet allowed 59 percent FDI in Railways, apart from raising the FDI cap in Defence from 26 to 51 percent.
  2. The amendments proposed to the Juvenile Justice Act will allow the Juvenile Justice Board to decide whether those in the age group of 16 to 18 can be tried as adults in case of heinous crimes.
Select the appropriate option:

a) 2 only

b) 1 and 2 Both

c) 1 only

d) None

Answer: (a)

Statement 1st is incorrect because the FDI in Railways is 100 per cent and in the Defence sector, the FDI limit has been raised from 26 per cent to 49 per cent.

Question : 5

Which city was chosen as the ad hoc capital of Andhra Pradesh by the state government ?

a) Nellore

b) Vijayawada

c) Guntur

d) Visakhapatanam

Answer: (b)

Vijayawada would be used as ad hoc capital of the state until the needed infrastructure and other projects for the new capital are completed.

Question : 6

Which of the following statements are correct about Kalakshetra Foundation?

  1. Kalakshetra was founded in 1936 by Rukmini Devi Arundale
  2. It is located in Chennai
  3. It is an ‘Institute of National Importance’.
  4. Y. S Rao has been appointed as the new chairman of the foundation
Codes:

a) 1, 3 and 4 only

b) 1, 2 and 3 only

c) 1 and 2 ony

d) 3 and 4 only

Answer: (b)

N.Gopalaswami has been named as the Chairman of the governing board of the Kalakshetra Foundation. Y. S Rao is the chairman of Indian Council of Historical Research (ICHR).

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