16-4-2021 MCQs Test

1. Who will face the loss due to the depreciating value of Rupee?

  1. People Importing from outside
  2. People investing abroad.
  3. People receiving remittances from Non-Resident Indian (NRI).

Select the correct answer using the codes given below:

 
 
 
 

2. Which of the following factors influence the value of a currency?

  1. Inflation
  2. Interest rates
  3. Trade deficit
  4. Equity market

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3. What is/are the aims and objectives of Regional Comprehensive Economic Partnership (RCEP) pact:

  1. To help reduce costs and time for companies by allowing them to export a product anywhere within the bloc without meeting separate requirements for each country.
  2. It also touches on intellectual property, environmental protections and labour rights.

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4. Consider the following statements about the MANAS App:

  1. It is endorsed as a national program by the Prime Minister’s Science, Technology, and Innovation Advisory Council (PM-STIAC).
  2. It aims to augment the mental well-being of Indian citizens.

Which of the above statements is/are correct?

 
 
 
 

5. What is Monkeydactyl?

  1. It is a flying reptile with the ‘oldest opposable thumbs’.
  2. The new pterosaur fossil was discovered in China, and is believed to be 160 million years old.

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6. Consider the following statements about the NK Singh Committee on FRBM:

  1. It had envisaged a debt-to-GDP ratio of 40 per cent for the central government and 20 per cent for states.
  2. It envisages a total of 60 per cent general government debt-to-GDP.

Which of the above statements is/are correct?

 
 
 
 

7. What is Public Debt?

  1. It is the total amount borrowed by the government of a country.
  2. It includes liabilities contracted against Public Account.

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8. With reference to the NATO, consider the following statements:

  1. It was established by Washington Treaty.
  2. Its membership is open to “any other European state in a position to further the principles of this Treaty.

Which of the above statements is/are correct?

 
 
 
 

9. Consider the following statements about the Dr. B.R. Ambedkar:

  1. He participated in all three Round Table Conferences.
  2. He resigned from the cabinet in 1951, over differences on the Hindu Code Bill.

Which of the above statements is/are incorrect?

 
 
 
 

10. What is/are the functions of the National Commission for Scheduled Castes?

  1. Discharges similar functions about the Anglo-Indian Community as it does with respect to the SCs.
  2. Taking part in and advising the central or state governments with respect to the planning of socio-economic development of the SCs.

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In which continent is Norway?

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