Q. 66. Who was the first foreign national to be awarded bharat ratna?
(A) Khan abdul gaffar khan
(B) Mother Teresa
(C) Nelson mandela
(D) Ang su ki
Answer:
(A) Khan abdul gaffar khan
Explanation:
Khan Abdul Ghaffar Khan (the Frontier Gandhi) was a Pakistani national and became the first non-Indian to receive the Bharat Ratna in 1987. (Note: Mother Teresa was a naturalized Indian citizen when she received it).
Q. 67. With reference to “Wholesale price index (WPI)”, Consider the following statements:
1. It is published by CSO (Central Statistics Office)
2. Its base year is 2011-12
3. It does not capture changes in the prices of services
Which of the following statements are correct?
(A) 1, 2
(B) 2, 3
(C) 1, 3
(D) 1, 2, 3
Answer:
(B) 2, 3
Explanation:
Statement 1 is incorrect because WPI is published by the Office of Economic Adviser under the Ministry of Commerce and Industry, not the CSO. Statements 2 and 3 are correct (it focuses strictly on goods at the wholesale level and ignores services).
Q. 68. Which of the following financial instrument(s) is/are traded in money market
1. T- bills;
2. Call money
3. G-secs;
4. Ways and means advance
Select the correct code
(A) 1, 2, 3
(B) 2, 3, 4
(C) 1, 2, 4
(D) 1, 2, 3, 4
Answer:
(C) 1, 2, 4
Explanation:
The money market deals with short-term borrowing (less than a year). Treasury Bills, Call Money, and Ways and Means Advances are short-term instruments. Dated Government Securities (G-secs) are typically long-term instruments traded in the capital market.
Q. 69. Consider the following statements:
1. A Money Bill can be introduced in the legislative assembly only and that too on the recommendation of the governor.
2. Every money bill is considered to be a government bill and can be introduced only by a minister.
3. Legislative council cannot reject or amend a Money Bill.
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) 1, 2 and 3
Explanation:
All statements are correct regarding the passage of state money bills. They can only originate in the Vidhan Sabha (Legislative Assembly) on the Governor’s recommendation, are exclusively piloted by ministers, and the Vidhan Parishad (Legislative Council) has no power to amend or reject them.
Q. 70. Debt Service Suspension Initiative (DSSI) was aimed at:
(A) Restructuring loans availed by MSME sector that became NPA.
(B) Suspending debt payments by ADB.
(C) Helping the poor countries during the COVID-19 crisis.
(D) None of the above
Answer:
(C) Helping the poor countries during the COVID-19 crisis.
Explanation:
The DSSI was established in 2020 by the World Bank and the G20 to temporarily suspend debt-service payments from the poorest countries, allowing them to concentrate their resources on fighting the COVID-19 pandemic.
