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Question bank : Multiple Choice based Questions for Prelims

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  • Don't we import majority of our edible oil as well? Heard/read somewhere. Correct me if I'm wrong.
  • India's CAD is being inflated by the rising price of oil (due to Big Brother's wars), a lack of proper exploration and exploitation of out natural resources (don't believe that we have such a paltry amount of hydrocarbon), tremendous levels of government spending (FD ~ CAD) and corruption.

    Guess when the world gets off of oil, India will start discovering / exploiting new (then worth quite a bit less due to low demand) wealth of hydrocarbons. Why do we delay EVERYTHING?
    Prelims : 2/4; Mains : 0/2; Interview : 0; Remainder : 2+2 (Tired but not retired) / Medical Science / Nihilistic Day Bird / 31+ / Kolkata
  • Consider the following.
    1. Equity investment
    2. Retained earnings of foreign companies
    3. Intra company debt transfers
    4. External Commercial Borrowings

    Which of these are included in FDI?

    A.1, 2, 3 and 4
    B.Only 1
    C.1, 2 and 3
    D.2, 3 and 4
  • Consider the following statements:
    Devaluation results in
    1. Rise in the domestic price of exports
    2. Rise in the domestic price of imports
    3. Fall in the foreign price of exports
    4. Fall in the foreign price of imports
    Which of the above statements are correct?

    A.1 and 3
    B.1 and 4
    C.2 and 3
    D.2 and 4
  • Ways and Means Advances (WMA) system is meant for:

    A.Temporary credit from RBI to the governments
    B.Long-term credit from RBI to the government
    C.All types of credit from RBI to the government
    D.None of the above
  • Assertion: Fiscal deficit is greater than revenue deficit.
    Reason: Fiscal deficit includes total borrowing and sale of assets by the Government.

    Codes:
    A.Both (A) and (R) are true and (R) is the correct explanation of (A).
    B.Both (A) and (R) are true but (R) is not the correct explanation of (A).
    C.(A) is true but (R) is false.
    D.(A) is false but (R) is true.
  • @rm1 Consider the following.
    1. Equity investment
    2. Retained earnings of foreign companies
    3. Intra company debt transfers
    4. External Commercial Borrowings

    Which of these are included in FDI?

    A.1, 2, 3 and 4
    B.Only 1
    C.1, 2 and 3
    D.2, 3 and 4

    Ans . C
  • Consider the following.
    1. Equity investment
    2. Retained earnings of foreign companies
    3. Intra company debt transfers
    4. External Commercial Borrowings

    Which of these are included in FDI?

    A.1, 2, 3 and 4
    B.Only 1
    C.1, 2 and 3
    D.2, 3 and 4
    Ans C
    ECB is not included as far as I know as it is a separate source of financing apart from fdi,fii. However do elaborate if I am wrong...
    There are many rohits here so please don't confuse me with any other Rohit...

    Rohit1 :)
  • Consider the following.
    1. Equity investment
    2. Retained earnings of foreign companies
    3. Intra company debt transfers
    4. External Commercial Borrowings

    Which of these are included in FDI?

    A.1, 2, 3 and 4
    B.Only 1
    C.1, 2 and 3
    D.2, 3 and 4


    Ans C
    ECB is not included as far as I know as it is a separate source of financing apart from fdi,fii. However do elaborate if I am wrong...
    Right!! It's C. :)
  • Consider the following statements regarding difference between first past the post system and Proportional representation system of election:

    1.In case FPTP, every constituency elects one representative while under PR more than one representative may be elected from one constituency.
    2.In case of FPTP a party may get more votes than seats in the legislature while under PR every party gets seats in the legislature in proportion to the percentage of votes that it gets.

    Which of the above are correct?

    a)Only 1.
    b)Only 2.
    c)Both 1 and 2.
    d) Neither 1 nor 2.
  • Consider the following statements regarding difference between first past the post system and Proportional representation system of election:

    1.In case FPTP, every constituency elects one representative while under PR more than one representative may be elected from one constituency.
    2.In case of FPTP a party may get more votes than seats in the legislature while under PR every party gets seats in the legislature in proportion to the percentage of votes that it gets.

    Which of the above are correct?

    a)Only 1.
    b)Only 2.
    c)Both 1 and 2.
    d) Neither 1 nor 2.
    Ans B
    In FPTP multiple members can also be elected in the order of votes received acc. to the vacancies to be filled...
    Correct me if I am wrong
    There are many rohits here so please don't confuse me with any other Rohit...

    Rohit1 :)
  • Consider the following statements regarding difference between first past the post system and Proportional representation system of election:

    1.In case FPTP, every constituency elects one representative while under PR more than one representative may be elected from one constituency.
    2.In case of FPTP a party may get more votes than seats in the legislature while under PR every party gets seats in the legislature in proportion to the percentage of votes that it gets.

    Which of the above are correct?

    a)Only 1.
    b)Only 2.
    c)Both 1 and 2.
    d) Neither 1 nor 2.

    Ans B
    In FPTP multiple members can also be elected in the order of votes received acc. to the vacancies to be filled...
    Correct me if I am wrong
    Its C.
    Reference: NCERT Class XII ,Indian Constitution at work, Page no.59.

  • answer is C.
    my first answer here...:) lets see if it is correct.
  • ok all correct....:)
  • My first question here :-)

    Which of the following is true about Noddy books :-

    1) They are children books having toy stories

    2) The Comptroller & Auditor General of India has poposed to come up with 'Noddy Books' version of its reports.

    3) The idea behind CAG noddy books is to come up with miniature versions of its mammoth audit reports.

    4)The purpose is to make audit reports easy to read, and sensitize various stakeholders such as students, civil society, decision makers, and thinkers.


    Which of the statements given above is/are correct?
    (a) 1 only
    (b) 1,2 only
    (c) 2, 3, 4 only
    (d) All of the above.
    D: All correct.

    Noddy -the hero of Toy land

    :D
  • Consider the following statements regarding difference between first past the post system and Proportional representation system of election:

    1.In case FPTP, every constituency elects one representative while under PR more than one representative may be elected from one constituency.
    2.In case of FPTP a party may get more votes than seats in the legislature while under PR every party gets seats in the legislature in proportion to the percentage of votes that it gets.

    Which of the above are correct?

    a)Only 1.
    b)Only 2.
    c)Both 1 and 2.
    d) Neither 1 nor 2.

    Ans B
    In FPTP multiple members can also be elected in the order of votes received acc. to the vacancies to be filled...
    Correct me if I am wrong


    Its C.
    Reference: NCERT Class XII ,Indian Constitution at work, Page no.59.

    Why my answers are wrong so many times
    :-((
    There are many rohits here so please don't confuse me with any other Rohit...

    Rohit1 :)
  • Consider the following statements regarding difference between first past the post system and Proportional representation system of election:

    1.In case FPTP, every constituency elects one representative while under PR more than one representative may be elected from one constituency.
    2.In case of FPTP a party may get more votes than seats in the legislature while under PR every party gets seats in the legislature in proportion to the percentage of votes that it gets.

    Which of the above are correct?

    a)Only 1.
    b)Only 2.
    c)Both 1 and 2.
    d) Neither 1 nor 2.

    Ans B
    In FPTP multiple members can also be elected in the order of votes received acc. to the vacancies to be filled...
    Correct me if I am wrong


    Its C.
    Reference: NCERT Class XII ,Indian Constitution at work, Page no.59.

    @rm1 The book you said is of class 11 isnt it? Or is there another in 12th class also?
    There are many rohits here so please don't confuse me with any other Rohit...

    Rohit1 :)
  • edited March 2013
    Q 53) The variation of salinity in the various seas and oceans is affected by the following factor/s:

    1. The Rate of Evaporation.
    2. The amount of freshwater added by precipitation, streams and icebergs.
    3. The degree of water mixing by currents.

    A. 1 only.
    B. 1 & 2 only.
    C. 2 & 3 only.
    D. 1, 2 & 3.
  • Consider the following statements regarding difference between first past the post system and Proportional representation system of election:

    1.In case FPTP, every constituency elects one representative while under PR more than one representative may be elected from one constituency.
    2.In case of FPTP a party may get more votes than seats in the legislature while under PR every party gets seats in the legislature in proportion to the percentage of votes that it gets.

    Which of the above are correct?

    a)Only 1.
    b)Only 2.
    c)Both 1 and 2.
    d) Neither 1 nor 2.

    Ans B
    In FPTP multiple members can also be elected in the order of votes received acc. to the vacancies to be filled...
    Correct me if I am wrong


    Its C.
    Reference: NCERT Class XII ,Indian Constitution at work, Page no.59.



    @rm1 The book you said is of class 11 isnt it? Or is there another in 12th class also?
    Ya sorry :P Class XI only!

  • Q 53) The variation of salinity in the various seas and oceans is affected by the following factor/s:

    1. The Rate of Evaporation.
    2. The amount of freshwater added by precipitation streams and icebergs.
    3. The degree of water mixing by currents.

    A. 1 only.
    B. 1 & 2 only.
    C. 2 & 3 only.
    D. 1, 2 & 3.
    D?
    Not too sure of 3 though..but there's some correlation on the account of density that 'colder' current is 'saltier' than relatively warm so...correct me please if I'm wrong. :)
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