In India, the Reserve Bank of India (RBI) is the central bank responsible for formulating, implementing, and regulating the nation’s monetary policy.
42. Who among the following developed the idea of ‘General Will’?
(A) J.J. Rousseau
(B) John Locke
(C) T.H Green
(D) Hobbes
Answer:
(A) J.J. Rousseau
Explanation:
Jean-Jacques Rousseau developed the philosophical concept of the ‘General Will’ in his 1762 treatise The Social Contract, arguing it represents the collective interest of the citizens.
43. Inflation refers to
(A) Public distribution of goods
(B) Loss of Jobs
(C) Provision of opportunities
(D) Rising Prices
Answer:
(D) Rising Prices
Explanation:
In economics, inflation is the general sustained increase in the prices of goods and services in an economy over a period of time, leading to a fall in purchasing power.
44. The International Court of Justice is located at
(A) Geneva
(B) The Hague
(C) New York
(D) Washington D.C
Answer:
(B) The Hague
Explanation:
The International Court of Justice (ICJ), the principal judicial organ of the United Nations, is seated at the Peace Palace in The Hague, Netherlands.
45. Which one among the following is regarded as a civil right?
(A) Right to public employment
(B) Freedom of speech and expression
(C) Right to elect and to be elected
(D) Right to Development
Answer:
(B) Freedom of speech and expression
Explanation:
Freedom of speech and expression is a fundamental civil right that guarantees individuals the ability to articulate their opinions and ideas without fear of retaliation or censorship.