Q. 51. Which of the following are most likely consequences if the Indian Rupee has full Capital Account Convertibility?
(1) Increase in financial market liquidity
(2) Easy access to foreign capital
(3) Volatility in the exchange rate
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. 52. Concerning priority sector lending (PSL) by banks in India, consider the following statements:
(1) The target of 40% for PSL applies to all domestic banks and foreign banks.
(2) It does not include advances made to start-ups.
(3) Small finance banks have to lend 75% of their Adjusted Net Bank Credit to PSL sectors.
(4) PSL targets for Regional Rural banks are the same as that for Small Finance banks.
Which of the statements given above are correct?
(a) 1 and 3 only
(b) 2 and 4 only
(c) 3 and 4 only
(d) 1, 2, 3, and 4
Answer:
Explanation:
Q. 53. Consider the following statements :
(1) ‘Equality before law’ prohibits any kind of special privilege in favour of any individual.
(2) ‘Equal protection of laws’ prohibits differential treatment under any circumstances whatsoever.
Which of the statements given above is/are not correct?
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
Answer:
Explanation:
Q. 54. ‘Right to Access Internet’ is protected under which Article of the Constitution of India?
(a) Article 14
(b) Article 21
(c) Article 25
(d) Article 32
Answer:
Explanation:
Q. 55. Which of the following Cabinet Committees are headed by the Prime Minister of India?
(1) Cabinet Committee on Investment and Growth
(2) Cabinet Committee on Parliamentary Affairs
(3) Cabinet Committee on Security
(4) Cabinet Committee on Accommodation
Select the correct answer using the code below.
(a) 1 and 3 only
(b) 2 and 3 only
(c) 1, 2 and 4 only
(d) 1, 2, 3 and 4
Answer:
Explanation:
Q. 56. For which of the following reasons India is called a ‘Republic’ nation?
(1) In India, the head of the state is always elected for a fixed period.
(2) India is neither a dependency nor a dominion of any other nation.
(3) There is an independent judiciary in India.
(4) There is an absence of any privileged class in India.
Select the correct answer using the code given below.
(a) 2 only
(b) 1 and 2 only
(c) 1, 3 and 4 only
(d) 1 and 4
Answer:
Explanation:
Q. 57. Consider the following statements :
(1) Money bill can be introduced in the parliament only on the recommendation of the president.
(2) The Rajya Sabha can detain ordinary bills for a maximum of six months.
(3) Constitutional Amendment bills must be introduced only by a minister.
Which of the statements given above is/are correct?
(a) 1 only
(b) 1 and 2 only
(c) 3 only
(d) 1, 2 and 3
Answer:
Explanation:
Q. 58. Consider the following statements :
(1) A judge of the Supreme Court can be removed only on the grounds of proven misbehaviour or incapacity.
(2) An impeachment motion against the Supreme Court judge can be raised in either of the Houses of Parliament.
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. 59. Which of the following is/are the discretionary powers of the Governor of a State?
(1) Recommending imposition of President’s rule in the state
(2) Dissolution of the Legislative Assembly if the Council of Ministers has lost its majority
(3) Promulgating ordinances
Select the correct answer using the code given below:
(a) 1 and 2 only
(b) 2 only
(c) 2 and 3 only
(d) 3 only
Answer:
Explanation:
Q. 60. Which one of the following statements best describes ‘Constitutional Morality?
(a) It is the commitment to constitutional values for the inclusive and democraue political process.
(b) It is a set of constitutional principles that put limits on the power of the government
(c) It means that a law is valid only if the correct procedure has been followed by the legislature.
(d) It is a legal maxim that no person is above the law, and people are ruled by impersonal law.
Answer:
Explanation:
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