Q1. Consider the following statements regarding Prime Minister Mudra Yojana (PMMY):

  1. It was launched in 2015, with an aim to bring the target audience into the formal financial fold.
  2. MUDRA was created as a refinancing institution providing loans up to Rs. 10 lakhs, to the eligible enterprises through the Commercial Banks, RRBs, Cooperative Banks, NBFC and MFI etc.

Which of the Statements given above is/are correct?

(a) 1 only

(b) 2 only

(c) Both 1 and 2

(d) Neither 1 nor 2

 

 

Q2.  Which one of the following best describes the term ‘Income distance’, often seen in the news?

(a) It is the distance of the state’s income from the state with the highest income. 

(b) The distance between the income of the richest and poorest people in the country.

(c) The difference between the current and capital account deficits of a country.

(d) None of the above.

 

Q3. Which of the following is/are the key recommendations of the 15th Finance Commission?

  1. Decrease the share of states in the centre’s taxes from 42% during the 2015-20 period to 41% for 2020-21.  
  2. Introduction of the Demographic Performance criterion.

Select the correct answer using the codes given below:

(a) 1 only

(b) 2 only

(c) Both 1 and 2

(d) Neither 1 nor 2

 

 

Q4. With reference to the Parliamentary Committee on Public Accounts , consider the following statements:

  1. The Comptroller and Auditor General  scrutinizes the reports of this committee.
  2. If any money has been spent on any service, in excess of the amount  granted by the House for that purpose, the Committee examines it with reference to the facts of each case and make such recommendations  as it may deem fit.

Which of the Statements given above is/are correct?

(a) 1 only

(b) 2 only

(c) Both 1 and 2

(d) Neither 1 nor 2

 

Q5. With reference to the Delhi Sultanate, consider the following statements:

  1. Whenever a new sultan came to the throne, the Khutba or sermon was read out in his name in the Friday prayers at the mosques.
  2. Ulemas were given grants of tax-free land for their maintenance and were often very powerful, whereas Hindu priests were in vulnerable situation.

Which of the Statements given above is/are correct?

(a) 1 only

(b) 2 only

(c) Both 1 and 2

(d) Neither 1 nor 2

 

Q6. Consider the following statements:

  1. Saprotrophs are all living things that get energy by eating animals and plants and breaking down wastes of other animals.
  2. Decomposers are made up of fungi, bacteria as well as virus.

Which of the statements given above is/are correct?

(a) 1 only

(b) 2 only

(c) Both 1 and 2

(d) Neither 1 nor 2

 

Q7. Which of the following constitute the capital account?

  1. Foreign investmentand loans
  2. Commercial borrowings
  3. Payments of debts and claims 

Select the correct answer using the codes given below:

(a) 1 only

(b) 2 and 3 only

(c) 1 and 3 only

(d) 1, 2 and 3

 

 

Q8. Consider the following statements:

  1. The dualistic theory of creation or causation is called Sankhya Philosophy and it appears in texts as ancient as the Upanishads and the Bhagavad Gita.
  2. Its founder was the sage Kapila, who is considered by scholars to be older than Buddha.

Which of the Statements given above is/are correct?

(a)  1 only

(b) 2 only

(c) Both 1 and 2

(d) Neither 1 nor 2

Q9. A quadripartite agreement in New Delhi was signed allowing settlement of issue of Bru Tribals of the North-East. Consider the following statements with respect to “Bru Tribals”

  1. Brus, who are spread across Tripura, Mizoram and parts of southern Assam, are said to be the most populous tribe in Tripura.
  2. They are also known as Reangs in Manipur as they are ethnically similar to Meitei Tribe.

Which of the Statements given above is/are incorrect?

(a)  1 only

(b) 2 only

(c) Both 1 and 2

(d) Neither 1 nor 2

 

Q10. Consider the following statements with respect to the “Yada Yada Virus”.

  1. It was recently discovered in Africa and it belongs to the group of Chikanguniya Virus.
  2. This novel virus poses threat to humans and is zoonotic in origin.

Which of the Statements given above is/are correct?

(a)  1 only

(b) 2 only

(c) Both 1 and 2

(d) Neither 1 nor 2

 

Ques  Ans:

1-(c)

2-(a)

3-(c)

4-(b)

5-(a)

6-(d)

7-(d)

8-(c)

9-(b)

10-(d)