IAS Prelims GS Questions and Answers - April 05 & 06, 2015

IAS Prelims GS Questions and Answers - April 05 & 06, 2015

1.Consider the following statements regarding the new Foreign Trade Policy(FTP) 2015-20.

1. GOI will provide incentives under Merchandise exports from India (MEIS) and Service Exports From India.

2. It is given to the units located inside SEZ

Which of the above statements are correct?

a) Only 1
b) Only 2
c) Both
d) None

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2. Consider the following statements

1. Forex reserves of India shot up to an all-time high of $340 billion in March 2015.

2.Economic Survey 2014-15 said India could target Forex reserve of $750 billion-$1 trillion.

3. India has second largest forex reserves after China

Which of the above statements are correct?

a) 1,2
b) 1,3
c) 2,3
d) All

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3. Consider the following statements

1.The National Food Securities Act (NFSA) passed in 2013 have been implemented in only 11 states and union territories.

2. The government extended the deadline by 6 months for remaining states to implement NFSA.

3. The law aims to provide legal entitlements to 5 kg of subsidized food-grains per person a month at Rs 1-3/Kg.

Which of the above statements are correct?

a) 1,2
b) 1,3
c) 2,3
d) All

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4. Consider the following statements

1. Farzad-B gas field in is discovered by ONGC videsh ltd in 2008

2. Iran has second largest natural gas reserves

3. Iran has fourth largest proven sources of oil after Saudi Arabia, Venezuela and Canada

4. Largest buyer of oil from Iran are China , India, Japan, South
Korea and Turkey.

5. Iran is not a member of OPEC countries

Which of the above statements are correct?

a) 1,2,3
b) 2,3,4,5
c) 1,2,3,4
d) All

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5. Which of the following are direct taxes?

1. Central Excise Duty
2. Corporation tax
3. Stamp duties
4. Expenditure tax.
5. Customs Duty
6. Wealth tax

a) 4,2,6
b) 2,3,6
c) 2,6
d) 2,3,4

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6. Consider the following statements

1. Rajasthan state government recently tabled Prevention of Witch-Hunting Bill in the Assembly

2. Bill provides for life imprisonment if witch-hunting causes death, and imprisonment up to five years and a fine

Which of the above statements are correct?

a) Only 1
b) Only 2
c) Both
d) None

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7. Consider the following statements related to NABARD

1. It is an apex financing agency for the institutions that provides investment and promote the various developmental activities in rural areas.

2. It replaced the Agricultural Credit Department (ACD) and Rural Planning and Credit Cell (RPCC).

3. It provides Core banking solution to co-operative banks.

4. It has launched the Climate Change Adaptation Project to help farmers.

Which of the above statements are correct?

a) 1,2,3
b) 2,3,4
c) 1,3,4
d) All

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8. Consider the following statements

1. MGNREGS fulfills the constitutional rights in India.

2. MGNREGA is to be implemented mainly by gram panchayats.

3. The places where the recent unseasonal rain and hailstorms have affected crops the government will increase the number of work days under the Mahatma Gandhi National Rural Employment Guarantee Scheme to 200 from 100.

Which of the above statements are correct?

a) 1,2
b) 1,3
c) 2,3
d) All

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9. Consider the following statements related to Iran Nuclear deal

1. It was decided that all the excess stockpile and nuclear parts will be kept at an IAEA-monitored location

2. Once done the U.N., the U.S. and the EU will withdraw all sanctions that have crippled the Iranian economy for years.

3. Iran has committed to enriching uranium substantially below weapons-grade and to reduce its enriched uranium stockpile from about five tons to 300 kilograms for 15 years.

4. Iran will reduce the number of installed centrifuges by two-thirds and turn its nuclear facility in Fordow into an R&D facility.

Which of the above statements are correct?

a) 1,2,3
b) 2,3,4
c) 1,3,4
d) All

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10. Which of the following pairs is correct?

a) Aconcagua : Africa
b) Puncak Jaya : South America
c) Mount Elbrus : Europe
d) Mount McKinley : Antartica

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