Civil Services Exam 2013-General Studies Model Test 3-Part 3
51. With
reference to the First Cabinet of Free India (1947), consider the following
statements:
1) The first Prime Minister of India also held the
portfolios of External Affairs & Commonwealth Relations; Scientific
Research and Information & Broadcasting
2) Sardar Vallabhbhai Patel was the Home Minister
in First Cabinet of Free India
3) The portfolio of Health was given to Raj Kumari
Amrit Kaur
4)
Sardar Baldev Singh was the Defence Minister in First Cabinet of Free India
Which
of the given above statements are correct in this context?
a) 1
and 2 only
b) 1,2
and 3 only
c) 2,3
and 4 only
d) 1,2,3
and 4
Answer:C
52. With
reference to the Territorial Extent of Central and State Legislation, consider
the following statements:
1.
The Parliament can make laws for the whole or any part of territory of India.
The territory of India includes the states, the union territories, and any
other area for the time being included in the territory of India
2.
A State Legislature can make laws for the whole or any part of the State. The
laws made by a State Legislature are not applicable outside the State, except
when there is a sufficient nexus between the State and the object
3.
The laws of the Parliament are also applicable to the Indian citizen and their
property in any part of the world
4.
The State Legislation can make extra territorial legislation
Which
of the above given statements are correct in this context?
a) 1
and 2 only
b) 1
and 3 only
c) 2,3
and 4 only
d) 1,2
and 3 only
Answer:D
53. The
Constitution empowers the Parliament to make laws on any mater enumerated in
the State List in extraordinary circumstances:
If
the Rajya Sabha declares that it is necessary in the national interest that
Parliament should make laws on a matter in the State List, then the Parliament
becomes competent to make laws on that matter. Such a resolution must be
supported by two- third of the members present and voting. The resolution
remains in force
1. For
six month
2. It
can be renewed any number of times but not exceeding six months at a time
3. The
laws ceases to have effect on the expiration of six months after the resolution
has ceased to be in force
4. This
provision does not restrict the power of a State legislature to make laws on
the same matter
Which of the given above statements are correct in this
context?
a) 1
and 2 only
b) 3
and 4 only
c) 1,2
and 3 only
d) None
of these
Answer:B
54. The
Center is empowered to give directions to the states with regard to the
exercise of their executive power in which of the following matters?
1.
The construction and maintenance of means of communication (declared to be of
national or military importance) by the state
2.
The measures to be taken for protection of the railway within the state
3.
The provision of adequate facilities for instruction in the mother-tongue at
the primary stage of education to children belonging to linguistic minority
groups in the state
4.
The drawing up and execution of the specified schemes for the welfare of the
Scheduled Tribes in the state
Select
the correct answer from the code given below:
a) 1
and 2 only
b) 1
and 3 only
c) 1,2
and 3 only
d) 1,2,3
and 4
Answer:D
55. With reference to the Martial Law, consider
the following statements:
1. It affects not only Fundamental Rights but also
Central-State relation, distribution of revenues and legislative powers between
centre and states and may extend the tenure of the Parliament
2. It suspends the government and ordinary law courts
3. It is imposed to restore the breakdown of law and
order due to any reason
4. It is imposed in some specific area of the country
5. It has specific and detailed provision in the
Constitution. It is explicit
Which of the given above statements are correct in this
context?
a) 1
and 5 only
b) 2,3
and 4 only
c) 1,4
and 5 only
d) 1,2,3
and 4 only
Answer:B
56. The Fundamental Rights are significant.
Because
1. They constitute the
bedrock of democratic system in the country
2. The provide necessary condition for
the material and moral protection of man
3. They facilitate the participation of people in the
political and administrative process
4. They serve as a formidable bulwark of
individual liberty
Which of the statements given above are
correct?
a) 1
and 2 only
b) 1
and 4 only
c) 2
and 3 only
d) 1,2,3
and 4
Answer:D
57. The term of Lok Sabha
a) Is fixed for five year,
and cannot extended in any circumstances
b) During the period of National Emergency it can be
extended for the period of six months
c) It can be extended during the time of National
Emergency for one year at a time for any length of time
d) The President is authorized to extended the term to
Lok Sabha during the time of National Emergency for six months at a time for
any length of time
Answer:C
58. With reference to 74th Amendment Act, consider
the following statements:
1. This Act has added a new
Part IX-A to the Constitution of India
2. The Act added a new Twelfth Scheduled
to the Constitution
3. The Act gave Constitutional status to
the Municipalities
Which of the statements given above
is/are correct?
a) 1
only
b) 2
only
c) 1
and 3 only
d) 1,2
and 3
Answer:D
59. Which
of the following provisions with regard to the composition of Election
Commission has made by the Article 324 of the Constitution?
1.
The Election Commission shall consist of the Chief Election Commissioner and
such number of other election commissioners, if any, as the Parliament may from
time to time fix
2.
The appointment of the Chief Election Commissioner and other election
commissioners shall be made by the President
3.
When any other election commissioner is so appointed, the Chief Election
Commissioner shall act as the Chairman of the Election Commission
4.
The President may also appoint after consultation with the Chief Justice of
India such regional commissioners as he may consider necessary to assist the
election commission
5.
The condition of service and tenure of the office of the Election Commissioner
and the regional commissioners shall be determined by the Parliament
Select
the correct answer from the code given below:
a) 1
and 2 only
b) 2
and 3 only
c) 1,2,4
and 5 only
d) 2,3,4
and 5 only
Answer:B
60. With
regard to the election to the Parliament, state legislation and offices of the
President and Vice-President. The power and function of the Election Commission
1.
To act as a court for settling disputes related to granting of recognition
political parties and of election symbols to them
2. To advise the President on manner relating to
the disqualifications of the members of Parliament
3. To advise the President whether elections can
be held in a state under the President’s rule in order to extend the period of
emergency after one year
4. To request the President or the Governor for
requisitioning the staff necessary for conducting elections
Select
the correct answer form the code given below:
a) 1
and 2 only
b) 1
and 3 only
c) 3
and 4 only
d) 1,
2, 3 and 4
Answer:D
61. With
reference to International Development Association (IDA), consider the
following statements:
1.
The International Development Association (IDA) is the part of the World Bank
2.
The International Development Association (IDA) was established in 1960
3.
International Development Association (IDA) credit is a loan, which IDA
provides to the poor countries at a very less interest rate and for a flexible
period of time
Which
of the statements given above are correct?
a) 1
and 2 only
b) 2
and 3 only
c) 1
and 3 only
d) 1,2
and 3
Answer:D
62. The
latest poverty estimates released by the Planning Commission show a decline in
the incidence of poverty over the past five years. As per the latest data
released by Planning Commission a person is said to be above poverty line
a)
Whose daily consumption expenditure is Rs. 28.35 in urban area and Rs. 22.42 in
rural areas
b)
Whose daily consumption expenditure is Rs. 30.35 in urban area and Rs. 25.42 in
rural areas
c)
Whose daily consumption expenditure is Rs. 32.35 in urban area and Rs. 28.42 in
rural areas
d)
Whose daily consumption expenditure is Rs. 35.35 in urban area and Rs. 30.42 in
rural areas
Answer:A
63. Bank
Rate is a weapon
1) To affect the borrowings of Government from the
RBI
2) To increase the share ratio of money in the
International market
3) To control money supply in the market
4) To print the new currency
Which
of the statements given above is/are correct?
a) 1
and 4 only
b) 1
and 3 only
c) 2
and 4 only
d) 3
only
Answer:D
64. With
reference to the Marginal Standing Facility (MSF) Rate, consider the following
statements:
1) Under this the banks could borrow funds from
RBI at 9.00 per cent, which is 1 per cent, above the liquidity adjustment
facility-repo rate against pledging government securities
2) Banks can borrow funds through MSF when there
is considerable shortfall of liquidity
3) This measure has been introduced by RBI to
regulate the short term asset liability mismatches more effectively
Which
of the given above statements are correct?
a) 1 and
2 only
b) 1
and 3 only
c) 2
and 3 only
d) 1, 2
and 3
Answer:D
65. With
reference to National Stock Exchange, consider the following statements:
1) It was setup in 1992
2) It
is fully automated electronic screen-based trading system
3) IT
is sponsored by IDBI
4) It
is quote driven and not an order driven market
Which of the statements given above
is/are correct?
a) 1, 2
and 3 only
b) 1, 2
and 4 only
c) 2
and 3 only
d) 2
only
Answer:A
66. What is Windfall Tax?
a) It is an additional tax which is imposed on the
basis of value of the product relation to the original one
b) It is a tax levied by the government against
certain industries when economic conditions allow those industries to
experiences above-average profits
c) It is a tax imposed on the values of goods
produce
d) It is a tax imposed irrespective of the
original consideration
Answer:B
67. The
broad objectives and purposes of monetary policy in India is
1) To maintain a reasonable degree of price
stability
2) To help accelerate the rate of economic growth
3) It deals with the taxation and expenditure
decisions of the government
4) Monetary policy, deals with the supply of money
in the economy and the rate of interest.
Select
the correct answer from the code given below:
a) 1
and 2 only
b) 1, 2
and 3 only
c) Both
1 and 2
d) 1, 2
and 4 only
Answer:C
68. Nationalization of banks done with the
objectives of
1) To remove the control of few houses over banking activities
2) To make provision of adequate training as well
as reasonable terms of service for bank staff
3) To
mobilize the savings of the people to largest possible extent
4) To ensure the operations of the banking system
for a large social purpose and to subject them public regulation
5) To reduce regional and sectoral imbalance in
banking through economic development
Select
the correct answer from the code given below:
a) 1
and 4 only
b) 2, 3
and 4 only
c) 2, 3
and 5 only
d) 1,
2, 3, 4 and 5
Answer:D
69. With
reference to State Financial Corporation’s (SFCs), consider the following
statements:
1) It was setup in 1951
2) IDBI
has 50 per cent shares in it
3) It has increasingly important role in the
development of medium and small industries
4) It
give financial assistance only in the form of loans and advance
Which of the statements given above is/are
correct?
a) 1, 2
and 3 only
b) 1, 3
and 4 only
c) 1
and 4 only
d) 2
and 3 only
Answer:A
70. With
reference to Small Industrial Development Banks of India (SIDBI), consider the
following statements:
1) It was founded in 1990
2) It administers Small Scale Industry Development
Fund (SIDF) and National Equity Funds (NEF)
3) It promote, finance and develop Small Scale
Industries (SSIs)
Which
of the statements given above is/are correct?
a) 1
and 2 only
b) 1
and 3 only
c) 2
and 3 only
d) 1, 2
and 3
Answer:D
71. What is the difference between ‘Loan’ and
‘Hire Purchases’?
1) In a loan contract there is relationship between bailer and bailee
2) In
a Hire Purchases there is relation between lender and borrower
3) Loan or advance is given in the form of money
where as Hire-Purchase is a transaction of an asst
Which
of the statements given above is/are correct?
a) 1
and 2 only
b) 2
and 3 only
c) 1
only
d) 3
only
Answer:D
72. Aam
Admi Bima Yojana (AABY) is addressing social security for poor, by providing
insurance to rural landless households in the country. Which of the following
are the provisions of the scheme?
1) The head of the family or one earning member in
the family will be insured
2) The Central Government will bear 70 per cent of
the premium of Rs. 200 per year per person
and the other 30 per cent will financed by the State Government
3) For this scheme, a sum of Rs. 1,000 crore in a
fund that will be maintained by LIC
Select
the correct answer from the code given below:
a) 1
and 2 only
b) 2
and 3 only
c) 2
and 3 only
d) 1, 2
and 3
Answer:B
73. The
Badla transactions can be carried only for a specified list of shares, know as
Group A Shares. The Group A Shares
1) Must have admitted for dealing for at least 3
years for given exchange
2) The company should be of public importance
3) They are fully paid up equity shares
4) The must not be shares of Banking Companies
Select
the correct answer from the code given below:
a) 1
and 3 only
b) 2
and 4 only
c) 1, 3
and 4 only
d) 1,
2, 3 and 4
Answer:D
74. With
reference to the ‘regular or ordinary’ Treasury Bill, which one of the
following statements is correct?
a) It is issued for providing investment outlets
to state governments, semi government departments and foreign capital banks for
their surpluses
b) It is not marketable
c) It is directly sold to the public or banks,
mainly banks
d) None of the given above statements (a) (b) and
(c) are correct
Answer:C
75. Authorized Capital
a) Is a part of company’s capital that has been subscribed to by
shareholders
b) It
is a paid up capital
c) It
is a part of issued capital of a company, paid up by the shareholders
d) It is the amount of share capital fixed in the
Memorandum of an Association and the Articles of the Association of a company
as required by the company’s act.
Answer:D
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