Thursday, 16 May 2013

UPSC Exam-Civil Services Exam 2013-General Studies Model Test 3-Part 3

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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