56. Who among the following first proposed the idea of a Constituent Assembly for India?

(a) Motilal Nehru

(b) Tej Bahadur Sapru

(c) Dr. Sachchidananda Sinha

(d) M.N. Roy

Answer:

Explanation:

63. Which international institution is known as the “lender of last resort” for countries facing balance of payments crises?

(a) The World Bank

(b) The International Monetary Fund (IMF)

(c) The Bank for International Settlements (BIS)

(d) The World Trade Organization (WTO)

Answer:

Explanation:

64. The Bretton Woods agreement led to the creation of which two major international financial institutions?

(a) The World Trade Organization (WTO) and the United Nations (UN)

(b) The Asian Development Bank (ADB) and the New Development Bank (NDB)

(c) The European Central Bank (ECB) and the Bank of England

(d) The International Monetary Fund (IMF) and the World Bank

Answer:

Explanation:

65. Which of the following is not an example of a direct tax?

(a) Income Tax

(b) Corporate Tax

(c) Goods and Services Tax (GST)

(d) Wealth Tax

Answer:

Explanation:

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