IAS Prelims Questions and Answers - Apr 14 & 15, 2015

IAS Prelims Questions and Answers - Apr 14 & 15, 2015

1.Consider the following statements

1. Government to raise foreign direct investment (FDI) limit in the insurance sector to 49 per cent.

2. Some railway operations and projects were allowed to receive up to 100 per cent FDI.

Which of the above statements is/are true?

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

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2. Consider the following statements

1. Full current account convertibility means no restrictions on cross border movement of currency.

2. At present, the Indian currency is convertible only on current account, though some capital account transactions are also permitted.

Which of the above statements is/are true?

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

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3. Consider the following statements

1. The Eight Core Industries Coal, Cement, Electricity, Crude Oil, Refineryproducts, Steel, Fertilizers and Natural Gas

2. Current base year for IIP is 2004-2005.

Which of the above statements is/are true?

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

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4.Match the following foreign direct investment percentage allowed sector wise

i .Tea sector -------- 1. 74 %
ii. FM Radio ------- 2. 100%
iii. Satellites ------ 3. 20%
iv. Public sector banking ------- 4. 9%
v. Civil aviation ------------- 5. 26%

a) i-4 ,ii-3, iii-1, iv-2, v-3
b) i-3, ii-4, iii-2, iv-5, v-1
c) i-2, ii-5, iii-1, iv-3, v-4
d) i-5, ii-3, iii-2, iv-4, v-1

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5.Consider the following statements

1. FDI limit of 26% in defence sector raised to 49% under Government approval route.

2. Foreign Portfolio Investment up to 24% permitted under automatic route.

3. FDI beyond 49% is also allowed on a case to case basis with the approval of Cabinet Committee on Security.

Which of the above statements are correct?

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

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6. Consider the following statements

1. India has a total of 7 National Waterways

2. National Waterway 5 has integrated Brahmini river with Mahanadi river and East Coast Canal.

Which of the above statements is/are true?

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

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7. Consider the following statements

1. Sania Mirza became the first woman tennis player from India to achieve the world No. 1 ranking in doubles

2. She won WTA Family Circle Cup with partner Martina Hingis

Which of the above statements is/are true?

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

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8. Consider the following statements

1. The Union Home Ministry has notified a new set of rules to regulate official visits of Governors outside their States

2. Now governors need prior permission from the President and putting a cap of 73 days in a year as duration of such visits.

Which of the above statements is/are true?

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

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9. Consider the following statements

1. National Commission for Backward Classes is an Indian statutory body established on 1993.

2. The commission considers inclusions in and exclusions from the lists of communities notified as backward

Which of the above statements is/are true?

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

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10.Which of the following are considered as violation of net neutrality principle?

a) Slowing down of peer to peer network

b) Not charging end customers for a well defined volume of data by specific applications

c) Favoring communications sent over the private networks run by individual organizations

d) All the above

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