IAS Prelims GS Questions and Answers - July 02, 2015
1. Which of the following factor determines the voting share of AIIB?a) Contribution of the country to to the bank's authorized capital
b) Purchasing power parity
c) Size of country's economy
d) Each country will have one vote without veto power
View Answer / Hide AnswerANSWER: c) Size of country's economy
The voting shares are based on the size of each member country's economy and not contribution to the bank's authorized capital.
China is highest contributor to AIIB with 29.78 billion US dollars. China will have 26.06 per cent of the voting rights along with veto powers for certain key decisions. India is second largest shareholder with 8.52 per cent stake and voting share of 7.5 per cent. While Russia is third largest shareholder with 6.66 stake and voting share of 5.92 per cent.
a) Contribution of the country to to the bank's authorized capital
b) Purchasing power parity
c) Size of country's economy
d) Each country will have one vote without veto power
View Answer / Hide AnswerANSWER: d) Each country will have one vote without veto power
In the New Development Bank each participant country will be assigned one vote, and none of the countries will have veto power.
1. Brent Crude benchmark is a used to price two thirds of the world's internationally traded crude oil supplies.
2. Brent Crude is extracted from the middle east.
Which of the above statements is/are correct?a) Only 1
b) Only 2
c) Both
d) None
View Answer / Hide AnswerANSWER: a) Only 1
Brent Crude is a major trading classification of sweet light crude oil that serves as a major benchmark price for purchases of oil worldwide. This grade is described as light because of its relatively low density, and sweet because of its low sulfur content. Brent Crude is extracted from the North Sea. Brent is the leading global price benchmark for Atlantic basin crude oils. It is used to price two thirds of the world's internationally traded crude oil supplies.
1. solve balance of payment problems
2. aid long-term economic development
3. reduce poverty in developing countries.
4. surveillance of the global economy
5. lending and loans under their policy of conditionality
a) 1,2,3,5
b) 2,3,4,5
c)1,2,4,5
d) 1,4,5
View Answer / Hide AnswerANSWER: d) 1,4,5
The primary difference between the International Monetary Fund, or IMF, and the World Bank lies in their respective purposes and functions. The IMF exists primarily to stabilize exchange rates, while the World Bank's goal is to reduce poverty.
1. The Race Across America is longer than the Tour de France.
2. Unlike Tour de France it is nonstop event from start to finish
Which of the above statements is/are correct?a) Only 1
b) Only 2
c) Both
d) None
View Answer / Hide AnswerANSWER: c) Both
The courses of both races have varied over the years. However, in the Race Across America, the direction has always been from the west coast to the east coast of the United States, approximately 3,000 miles (4,800Â km), making it a transcontinental event. More importantly, the race has no stages, i.e., it is in principle a nonstop event from start to finish, with the fastest competitors needing slightly over a week to complete the course. By contrast, the Tour de France features a different route each year (alternating between clockwise and counterclockwise circuits around France) and is about 2,300 miles long; the distance is divided into individual daily stages spread over the course of about 3 weeks and contested at much higher speeds.
1. The NSE is the oldest stock exchange in India.
2. The BSE is the biggest stock exchange in India.
Which of the above statements is/are correct?a) Only 1
b) Only 2
c) Both
d) None
View Answer / Hide AnswerANSWER: b) Only 2
The Bombay Stock Exchange is the oldest exchange in Asia. It traces its history to 1855.While NSE was established in 1992 as the first demutualized electronic exchange in the country.
1. Sangam literature used Telgu langauage.
2. The literature of the Sangam Age was written mostly in the form of poetry.
3. Chora ,Chera, Pallava and Pandya were ruling dynasties of South India in the Sangam Age.
Which of the following statements are not true?a) 1,2
b) 2,3
c) 1,3
d) All
View Answer / Hide AnswerANSWER: c) 1,3
Sangam literature used Tamil langauage. Chora ,Chera and Pandya were ruling dynasties of South India in the Sangam Age.
1. Khajuraho temples were built by the Chandela dynasty.
2. They consists of Hindu and Buddhist temples.
Which of the above statements is/are correct?a) Only 1
b) Only 2
c) Both
d) None
View Answer / Hide AnswerANSWER: a) Only 1
Most Khajuraho temples were built between 950 and 1050 CE by the Chandela dynasty. The Khajuraho Group of Monuments is a group of Hindu and Jain temples in Madhya Pradesh
1. Japan
2. Australia
3. Mongolia
4. Antartica
5. Brazil
6. USA
7. Sweden
a) 4,6,7
b) 1,3,6,7
c) 3,6,7
d) 1,3,4,6,7
View Answer / Hide AnswerANSWER: b) 1,3,6,7
Russia, Mongolia, Japan, Norway, Sweden, Iceland, Finland, United States, Canada have Taiga biome.Taiga also known as boreal forest or snowforest is a biome characterized by coniferous forests consisting mostly of pines, spruces and larches.The taiga is the world's largest terrestrial biome.
a) Prahaar
b) Nirbhay
c) Astra
d) Shaurya
View Answer / Hide AnswerANSWER: b) Nirbhay
India's first indigenously designed and developed long range sub-sonic cruise missile "Nirbhay" was successfully flight tested.Nirbhay is an all-weather low-cost long-range cruise missile with stealth and high accuracy. The missile has a range of more than 1000 km
1.India ranks first in Buffalo, Cow Stock and Goat Numbers.
2. India ranks first in milk production
Which of the above statements is/are correct?a) Only 1
b) Only 2
c) Both
d) None
View Answer / Hide AnswerANSWER: b) Only 2
India ranks first in Buffalo and Cow Stock while India ranks second in goat numbers.
1. VAT has been implemented in all the states & union territories of India
2. It replaced General Sales Tax
3. Haryana became the first State in the country that had adopted VAT
Which of the following statements are true?a) 1,2
b) 2,3
c) 1,3
d) All
View Answer / Hide AnswerANSWER: d) All
Sales tax is a State subject, the Central Government has been playing the role of a facilitator for successful implementation of VAT.
a) Turkmenistan
b) Turkey
c) Tajikistan
d) Tajikistan
View Answer / Hide AnswerANSWER: a) Turkmenistan
It is natural gas pipeline being developed by the Asian Development Bank. The pipeline will transport Caspian Sea natural gas from Turkmenistan through Afghanistan into Pakistan and then to India.
1. Retrovir is used to help prevent women from passing the HIV virus to the fetus during pregnancy.
2. Cuba has become the first country in the world to eliminate mother-to-child transmission of HIV and syphilis.
Which of the above statements is/are correct?a) Only 1
b) Only 2
c) Both
d) None
View Answer / Hide Answer15. Consider the following statements1.There is a seperate Consolidated Fund Of State
2. money can be withdrawn from this fund without the Parliament's approval.
Which of the above statements is/are correct?a) Only 1
b) Only 2
c) Both
d) None
View Answer / Hide AnswerANSWER: a) Only 1
No money can be withdrawn from Consolidated Fund without the Parliament's approval.
a) Naresh Chandra Committee: Defense reforms
b) Srikrishna committee: Telangana
c) Ram Pradhan Committee : Mumbai 26/11.
d) Kirti Parikh committee: Bhopal Gas Leak
View Answer / Hide AnswerANSWER: d) Kirti Parikh committee: Bhopal Gas Leak
Varadharajan Committee : Bhopal Gas Leak.
Kirti Parikh committee:Deregulation of oil prices
1. Maternal Mortality rate is measured per 1000 live births during the same time-period
2. Maternal death is defined as death of a woman while pregnant or within 42 days of termination of pregnancy.
Which of the above statements is/are correct?a) Only 1
b) Only 2
c) Both
d) None
View Answer / Hide AnswerANSWER: b) Only 2
Maternal Mortality rate is measured per 100,000 live births during the same time-period.
