General awareness/studies Q & A - Oct 04, 2014

General awareness / studies questions and answers - Oct 04, 2014


1. The deficit which is NOT mentioned in the Union Budget is

a. Fiscal Deficit.
b. Budget Deficit.
c. Revenue Deficit.
d. Primary Deficit.

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ANSWER: b. Budget Deficit.

Deficits are mentioned in the Union Budget every year. Union Budget Consists of two types of account Revenue Account and Capital Account. Deficits which are mentioned in Budget are Fiscal Deficit, Revenue Deficit and Primary Deficit.




2. The Viceroy of India who referred the Indian National Congress as “Microscopic Minority” was

a. Lord Curzon.
b. Lord Dufferin.
c. Lord Lansdowne.
d. Lord Ripon.

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ANSWER: b. Lord Dufferin.

The first session of Indian National Congress took place in December 1885. It was presided by W.C. Banerjee. In the first session, only 74 people participated. The then Viceroy said INC is a Microscopic Minority because out of 23 crore Indians, only 74 took part in it.




3. Consider the following and identify the correct statement/s?

i. Sheikh Nizamuddin Chisti saw the rule of Seven Sultans.
ii. He visited the court of these rulers and discussed about the state affairs.

a. 1 only
b. 2 only
c. Both 1 and 2
d. None

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ANSWER: a. 1 only

Sheikh Nizamuddin Chisti witnessed the rule of the Seven Sultans in Delhi. But, he never visited the court of these rulers because he wanted to remain outside of the political interference. He did not want his devotion to be affected.




4. Identify the correct pairs.

1. The Sati Abolition Act ------------------ A. Ishwar Chandra Vidyasagar
2. Theosophical Society -------------------- B. Annie Besant
3. Widow Re-marriage Act ------------------- C. Raja Ram Mohan Roy
4. The Archaelogical Survey of India ------- D. Lord Curzon

a. 1.D, 2.C, 3.B, 4.A
b. 1.A, 2.B, 3.C, 4.D
c. 1.C, 2.B, 3.A, 4.D
d. 1.C, 2.A, 3.B, 4.D

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ANSWER: c. 1C 2B 3A 4D

Raja Ram Mohan Roy was instrumental in abolition of sati, while Ishwar Chandra Vidyasagar propogated for widow re-marriage. Annie Besant was one among the founders of Theosophical Society in India. The ASI was set up during the Viceroy ship of Lord Curzon in 1902.




5. Who elects the Chairman of the Rajya Sabha?

a. All the Members of Parliament
b. Members of Rajya Sabha other than those who are nominated.
c. All Members of Parliament other than those who are nominated
d. The President.

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ANSWER: a. All the Members of Parliament

The Vice- President of India is the ex-officio chairman of Rajya Sabha. He is elected by an electoral college consisting of all the elected and nominated members of the Parliament.




6. Which of the following committees is considered to be the ‘watchdog’ of department expenditure and irregularities?

a. Economic Affairs Committee
b. Public Accounts Committee
c. Select Committee on Expenditure
d. Committee on Estimates

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ANSWER: b. Public Accounts Committee

The Speaker of the Lok Sabha appoints the Chairman of the Public Account Committee. This Committee consists of 22 members, 15 from Lok Sabha and 7 from the Rajya Sabha.




7. The deficit financing of the Government has adverse effects on the economy. Which among the following affects common man the most?

a. Changes in economic investment
b. Inflationary trend
c. Deflation
d. Less interest rate on loans.

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ANSWER: b. Inflationary trend

Deficit Financing refers to the extra expenditure made by the government over the revenue. This extra expenditure is financed by RBI and leads to extra money flow which ultimately results in Inflation.




8. Identify the right sequence.

a. Recession- depression- recovery – boom
b. Boom-recovery- depression – recession
c. Depression – recession – recovery – boom
d. Recovery- boom – depression – recession

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ANSWER: a. Recession- depression- recovery – boom

Every economy has 4 phases. The severe form of recession leads to depression. The economy will not generally remain in a static phase. It starts recovering and enters a boom period where economy flourishes. Since it can not last forever , the trend begins. These are popularly known as the business cycles.




9. Which of the following separates North America from the Eastern most tip of Siberia?

a. Florida Strait
b. Bering Strait
c. Coronado Bay
d. Gulf of Campeche

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ANSWER: b. Bering Strait

The Bering Strait connects the Chukchi Sea with the Bering Sea. This Strait is named after a Russian explorer Bering. The Russian coast of the Bering Strait is declared a closed military zone from 2012 onwards.




10. Match the following.

1. Gulf of Panama ----------------------- A. North of Canada
2. San Andreas Fault -------------------- B. World’s largest manifestation of surface Transform vault
3. Davis Strait ------------------------- C. Separates Greenland and Baffin Island
4. Hudson Bay --------------------------- D. Between Central and South America

a. 1.A, 2.B, 3.C, 4.D
b. 1.D, 2.B, 3.A, 4.C
c. 1.D, 2.B, 3.C, 4.A
d. 1.C, 2.A, 3.D, 4.C

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ANSWER: c. 1D 2B 3C 4A

The Davis Strait is located between mid-western Greenland and Nunavut, Canada's Baffin Island. San Andreas Fault is the world’s largest manifestation of surface transform vault. Hudson Bay is a large salt water body located in North Eastern part of Canada.



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