FCS&CA • 2023 • General Studies-II
Panchayati Raj subject falls under which List of the Constitution?
A)
Union List
B)
State List
C)
Concurrent List
D)
None of these
Option B is correct: State List.
FCS&CA • 2023 • General Studies-II
Which part of the Constitution specifies provision for Uniform Civil Code for citizens?
A)
Fundamental Rights
B)
Directive Principles of State Policy
C)
Fundamental Duties
D)
Citizenship
Option B is correct: Directive Principles of State Policy.
FCS&CA • 2023 • General Studies-II
Which commission was given a constitutional status by the 102nd amendment for socially and educationally backward classes?
A)
National Commission for Scheduled Castes
B)
National Commission for Scheduled Tribes
C)
National Commission for Backward Classes
D)
National Commission for Other Backward Classes
Option C is correct: National Commission for Backward Classes.
FCS&CA • 2023 • General Studies-II
The Reserve Bank of India is vested with the responsibility of conducting monetary policy. This responsibility is explicitly mandated under the
A)
Reserve Bank of India Act, 1934
B)
Reserve Bank of India Act, 1944
C)
Reserve Bank of India Act, 1954
D)
Reserve Bank of India Act, 1964
Option A is correct: Reserve Bank of India Act, 1934.
FCS&CA • 2023 • General Studies-II
Goods and Services Tax Council (GST) of India is headed by
A)
President
B)
Prime Minister
C)
Finance Minister
D)
Finance Secretary
Option C is correct: Finance Minister.
FCS&CA • 2023 • General Studies-II
When the exchange rate is determined by the market forces of demand and supply, it is known as
A)
Real exchange rate
B)
Nominal exchange rate
C)
Superfluous exchange rate
D)
Floating exchange rate
Option D is correct: Floating exchange rate.
FCS&CA • 2023 • General Studies-II
Exchange rates for one currency against another currency, are known as
A)
Real exchange rate
B)
Nominal exchange rate
C)
Superfluous exchange rate
D)
None of these
Option B is correct: Nominal exchange rate.
FCS&CA • 2023 • General Studies-II
A tax system that charges a higher tax rate for people who earn a higher income is called
A)
Proportional Tax
B)
Regressive Tax
C)
Payroll Tax
D)
Progressive Tax
Option D is correct: Progressive Tax.
FCS&CA • 2023 • General Studies-II
Gross National Product (GNP) can be calculated as
A)
GNP=market value of domestically produced goods and services + income earned by the residents of a country in foreign countries—income earned by the foreigners in the country.
B)
GNP= market value of goods and services produced by the residents in the country + income earned in the country by the foreigners ~ income received by residents of a country from abroad.
C)
GNP= GDP—Depreciation or Capital consumption.
D)
All of these
Option A is correct: GNP=market value of domestically produced goods and services + income earned by the residents of a country in foreign countries—income earned by the foreigners in the country..
FCS&CA • 2023 • General Studies-II
Mid-Day Meal Scheme was renamed in 2021 as
A)
PM POSHAN
B)
PM KUSUM
C)
PMMSY
D)
PMJVK
Option A is correct: PM POSHAN.
FCS&CA • 2023 • General Studies-II
On 27th September, 2022; the Government of India extended the existing Foreign Trade Policy (2015-20) up to which of the following on account of volatile global economic, geo-political situation and currency fluctuations?
A)
December, 2022
B)
March, 2023
C)
September, 2023
D)
December, 2023
Option B is correct: March, 2023.
FCS&CA • 2023 • General Studies-II
Which of the following is a function of NABARD?
A)
Monitoring flow of ground level credit to agriculture
B)
Credit planning and monitoring
C)
Formulation of operational guidelines for rural financial institutions
D)
All of these
Option D is correct: All of these.
FCS&CA • 2023 • General Studies-II
When was the Constitution of India adopted:
A)
15th August, 1947
B)
26th November, 1949
C)
26th January, 1950
D)
15 August, 1950
Option B is correct: 26th November, 1949.
FCS&CA • 2023 • General Studies-II
Which of the following two words were added in the Preamble by the 42nd Amendment of the Constitution?
A)
Sovereign & Socialist
B)
Socialist & Secular
C)
Secular & Democratic
D)
Democratic & Republic
Option B is correct: Socialist & Secular.
FCS&CA • 2023 • General Studies-II
M.N. Roy was a prominent figure in which important political movement in India?
A)
Quit India Movement
B)
Non-Cooperation Movement
C)
Khilafat Movement
D)
Communist Movement
Option D is correct: Communist Movement.
FCS&CA • 2023 • General Studies-II
Who coined the popular slogan, “Swaraj is my birthright and I shall have it”?
A)
Bal Gangadhar Tilak
B)
Mahatma Gandhi
C)
Sri Aurobindo
D)
MN Roy
Option A is correct: Bal Gangadhar Tilak.
FCS&CA • 2023 • General Studies-II
The ‘Dandi March’ led by Mahatma Gandhi was a part of which larger movement?
A)
Civil Disobedience Movement
B)
Non-Cooperation Movement
C)
Quit India Movement
D)
Swadeshi Movement
Option A is correct: Civil Disobedience Movement.
FCS&CA • 2023 • General Studies-II
The Goods and Services Tax Council was established under of the Indian Constitution.
A)
Article 279A
B)
Article 279B
C)
Article 277A
D)
Article 277B
Option A is correct: Article 279A.
FCS&CA • 2023 • General Studies-II
The percentage of total deposits that commercial banks are required to keep with the Reserve Bank of India in the form of cash is called
A)
Cash Reserve Ratio (CRR)
B)
Cash Deposit
C)
Statutory Liquidity Ratio (SLR)
D)
All of these
Option A is correct: Cash Reserve Ratio (CRR).
FCS&CA • 2023 • General Studies-II
The ratio of foreign rates to domestic rates measured in the ‘same’ currency is known as
A)
Real exchange rate
B)
Nominal exchange rate
C)
Superfluous exchange rate
D)
None of these
Option A is correct: Real exchange rate.
FCS&CA • 2023 • General Studies-II
Which of the following is the implementing agency for National Agricultural Insurance Scheme?
A)
Food Corporation of India
B)
Commission for Agricultural Costs and Prices
C)
Agricultural Insurance Company of India Limited
D)
NABARD
Option C is correct: Agricultural Insurance Company of India Limited.
FCS&CA • 2023 • General Studies-II
Only the Lok Sabha has the power to introduce
A)
Financial bill
B)
Constitution amendment bill
C)
Money bill
D)
Ordinary bill
Option C is correct: Money bill.
FCS&CA • 2023 • General Studies-II
Which of the following was a notable work of Shri Aurobindo’s poetry?
A)
The Discovery of India
B)
Gitanjali
C)
Hind Swaraj
D)
Savitri
Option D is correct: Savitri.
FCS&CA • 2023 • General Studies-II
Land reform is covered under
A)
Central List
B)
State List
C)
Concurrent List
D)
All of these
Option B is correct: State List.
FCS&CA • 2023 • General Studies-II
Which among the following is not an emergency provision under the Constitution?
A)
National Emergency
B)
President’s Rule
C)
Regional Emergency
D)
Financial Emergency
Option C is correct: Regional Emergency.
