Q. 41. Which of the following are associated with the works of Mahatma Gandhi?
(1) All-India Anti-touchability League
(2) The New Economic Menace of India
(3) Young India
Select the correct answer using the code given below.
(a) 1 and 2 only
(b) 2 and 3 only
(c) 1 and 3 only
(d) 1, 2 and 3
Answer:
Explanation:
Q. 42. Consider the following statements with reference to the Charter Act of 1833:
(1) It ended the East India Company’s monopoly over trade with China.
(2) The restrictions on European immigration in India were lifted.
(3) No Indian citizen was denied employment under the East India Company based on religion
Which of the statements given above is/are correct?
(a) 1 only
(b) 2 only
(c) 2 and 3 only
(d) 1, 2 and 3
Answer:
Explanation:
Q. 43. Who among the following established the Provincial Government of India in Kabul, Afghanistan, in 1915?
(a) Sohan Singh Bhakna
(b) Rashbihari Bose
(c) Lala Har Dayal
(d) Raja Mahendra Pratap Singh
Answer:
Explanation:
Q. 44. Concerning Wood’s Dispatch of 1854, consider the following statements
(1) It promoted the Downward Filtration theory to promote education among all Indians.
(2) It recommended English as a medium of instruction at both the school level and in higher education in India.
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
Answer:
Explanation:
Q. 45. Consider the following statements with reference to Unicorn Companies :
(1) It refers to any start-up having a value of over $1 billion.
(2) The value of unicorns is generally based on their financial performance over the last three years.
(3) In 2021, India added the highest number of Unicorns globally.
Which of the statements given above is/are correct?
(a) 1 only
(b) 2 only
(c) 1 and 3 only
(d) 1, 2 and 3
Answer:
Explanation:
Q. 46. Which of the following are most likely impacts of a high fiscal deficit in an economy?
(1) Lower interest rates on borrowings
(2) Possibility of a debt trap
(3) Lowering of sovereign credit rating of the country
(4) Increased dependence on foreign countries or financial institutions
Select the correct answer using the code given below.
(a) 1 and 2 only
(b) 1, 2 and 4 only
(c) 3 and 4 only
(d) 2, 3 and 4 only
Answer:
Explanation:
Q. 47. Concerning Standing Deposit Facility (SDF), consider the following statements :
(1) The Reserve Bank of India introduces it to reduce the excess liquidity.
(2) All liquidity adjustment facility (LAF) participants are eligible to participate in the scheme.
(3) Under it, the RBI needs to deposit collateral to borrow from commercial banks.
Which of the statements given above are correct?
(a) 1 and 2 only
(b) 1 and 3 only
(c) 2 and 3 only
(d) 1, 2 and 3
Answer:
Explanation:
Q. 48. Consider the following statements:
(1) Easing of the external commercial borrowing by domestic companies
(2) Allowing Indian companies to list in the foreign stock exchange
(3) Nationalization of private companies
(4) Reducing investment limit for the Sovereign gold bond scheme
Which of the measures given above may help contain the Balance of payment (BOP) crisis in India?
(a) 1 and 2 only
(b) 3 and 4 only
(c) 1, 2 and 4 only
(d) 1, 2, 3 and 4
Answer:
Explanation:
Q. 49. Consider the following statement :
(1) The demand for an inferior good decline when income rises.
(2) Veblen goods are high-quality goods whose demand decreases with a price increase.
(3) Demand for Giffen goods increases even when their prices rise.
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:
Explanation:
Q. 50. Consider the following pairs of schemes and Objectives:
1. Sahakar Mitra – To provide the young professionals with an opportunity to work with cooperatives.
2. SANKALP – To create awareness about schemes/initiatives
3. Chunauti – To provide seed funding to start-ups in identified areas.
4. SAMBHAV – To strengthen institutions at the Central. State, and District levels for skill development.
Which of the pairs given above are correctly matched?
(a) 1 and 3 only
(b) 2 and 3 only
(c) 2 and 4 only
(d) 1 and 4 only
Answer:
Explanation: