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Indian Polity by M. Laxmikanth for UPSC Preparation
Indian Polity by M. Laxmikanth is one of the most popular ad comprehensive books to study for the civil service examination. Polity is an eminent and important segment of the General Studies in the civil service exam, which includes topics ...
Which Schedule of the Indian Constitution contains special provisions for the administration and control of Scheduled Areas in several States?
Ans (b) Fifth Schedule The Fifth Schedule of the Indian Constitution contains provisions to control and administration of scheduled areas in States other than Assam, Meghalaya, Mizoram and Tripura. The Sixth Schedule of the Constitution relates to the administration and control of tribal areas in thRead more
Ans (b) Fifth Schedule
The Fifth Schedule of the Indian Constitution contains provisions to control and administration of scheduled areas in States other than Assam, Meghalaya, Mizoram and Tripura.
See lessThe Sixth Schedule of the Constitution relates to the administration and control of tribal areas in the States of Assam, Meghalaya, Mizoram and Tripura.
Debenture holders of a company are its:
Ans (c) Creditors Shareholders are the owners of the company. Debuture is a long-term bond issued by a company in return for a loan which has a fixed rate of interest. Debenture-holders are the subscribers to debentures. Debenture holders are merely lenders to the company and are considered to be crRead more
Ans (c) Creditors
Shareholders are the owners of the company. Debuture is a long-term bond issued by a company in return for a loan which has a fixed rate of interest. Debenture-holders are the subscribers to debentures. Debenture holders are merely lenders to the company and are considered to be creditors.
See lessWhich one of the following terms indicates a mechanism used by commercial banks for providing credit to the government?
Ans (c) Statutory Liquidity Ratio Commercial banks provide long-term credit to the Government by investing their funds in government securities and short-term finance by purchasing Treasury Bills. This comes under Statutory Liquidity Ratio (SLR). SLR is the mechanism used by the Reserve Bank of IndiRead more
Ans (c) Statutory Liquidity Ratio
Commercial banks provide long-term credit to the Government by investing their funds in government securities and short-term finance by purchasing Treasury Bills. This comes under Statutory Liquidity Ratio (SLR). SLR is the mechanism used by the Reserve Bank of India to regulate the liquidity of commercial banks.
See lessAn artificial satellite orbiting around the Earth does not fall down. This is so because the attraction of Earth
Ans (d) provides the necessary acceleration for its motion. An artificial satellite orbiting around the Earth does not fall down because the attraction (gravity) of the Earth provides the necessary centripetal acceleration. The artificial satellite moving around the Earth in a circular orbit possessRead more
Ans (d) provides the necessary acceleration for its motion.
An artificial satellite orbiting around the Earth does not fall down because the attraction (gravity) of the Earth provides the necessary centripetal acceleration. The artificial satellite moving around the Earth in a circular orbit possesses an acceleration that is “constant” in magnitude but “changing in direction”.
See lessThe velocity at which the rocket launches the satellite is pre-determined and is such that it is not too great because then the satellite will escape into space and not too less because then the satellite will fall due to the gravitational force of attraction. A balance between this velocity and gravity keeps the satellite in its orbit. The centripetal acceleration due to gravity enables circular motion, allowing the satellite to orbit around the Earth.
Which one of the following is the best place to visit to see gharials in their natural habitat?
Ans (c) Chambal River
Ans (c) Chambal River
See lessBar Councils
Ans (b) 2 only No citizen, other than an advocate, has the right to appear, act, or plead in court. In India, the term “legal professionals” refers only to those “advocates” who are law graduates and have been enrolled in State Bar Councils (SBCs). A patent attorney is a person who has a law degree,Read more
Ans (b) 2 only
No citizen, other than an advocate, has the right to appear, act, or plead in court. In India, the term “legal professionals” refers only to those “advocates” who are law graduates and have been enrolled in State Bar Councils (SBCs). A patent attorney is a person who has a law degree, is qualified to deal with patent disputes and is registered with a State Bar Council as an advocate who can handle patent litigation. Patent attorneys are too recognized as lawyers, and there is no prohibition on their recognition as lawyers. Hence, Statement 1 is incorrect.
The Bar Council of India is a statutory body established under section 4 of the Advocates Act 1961 that regulates legal education and legal practice in India. The Bar Council of India visits and inspects Universities/Law colleges in the country as part of its statutory function of promoting legal education and laying down standards in consultation with the Universities in India and the State Bar Councils. Statement 2 is correct.
See lessNominal Effective Exchange Rate (NEER) and Real Effective Exchange Rate (REER)
Ans (c) 1 and 3 only. NEER is an unadjusted weighted average rate at which one country's currency exchanges for a basket of multiple foreign currencies. The nominal exchange rate is the amount of domestic currency needed to purchase foreign currency. It is a measure of value of currency against a weRead more
Ans (c) 1 and 3 only.
NEER is an unadjusted weighted average rate at which one country’s currency exchanges for a basket of multiple foreign currencies. The nominal exchange rate is the amount of domestic currency needed to purchase foreign currency. It is a measure of value of currency against a weighted average of several foreign currencies. Therefore, an increase in NEER indicates the appreciation of the rupee. Statement 1 is correct.
Real Effective Exchange Rate is the nominal effective exchange rate (a measure of the value of a currency against a weighted average of several foreign currencies) divided by a price deflator or index of costs. REER is the weighted average of a country’s currency in relation to an index or basket of other major currencies. The weights are determined by comparing the relative trade balance of a country’s currency against each country within the index. An increase in REER implies that exports become more expensive and imports become cheaper. Therefore, an increase in REER indicates a loss in trade competitiveness. Hence, Statement 2 is incorrect.
The NEER is the weighted geometric average of the bilateral nominal exchange rates of the home currency in terms of foreign currencies. The REER is the weighted average of NEER adjusted by the ratio of domestic prices to foreign prices. Thus, an increasing trend in domestic inflation in other countries is likely to cause an increasing divergence between NEER and REER. Statement 3 is correct.
See less“Rapid Financing Instrument” and “Rapid Credit Facility” are related to the provisions of lending by which one of the following?
Ans (b) International Monetary Fund (IMF) The Rapid Financing Instrument (RFI) provides rapid financial assistance to all member countries facing an urgent balance of payments need. The RFI was created as part of a broader reform to make the IMF's financial support more flexible to address the diverRead more
Ans (b) International Monetary Fund (IMF)
The Rapid Financing Instrument (RFI) provides rapid financial assistance to all member countries facing an urgent balance of payments need. The RFI was created as part of a broader reform to make the IMF’s financial support more flexible to address the diverse needs of member countries.
Rapid Credit Facility (RCF) provides rapid concessional financial assistance to low-income countries (LICs) facing an urgent balance of payments need with no ex-post conditionality where a full-fledged economic program is neither necessary nor feasible. The RCF was created under the Poverty Reduction and Growth Trust (PRGT) as part of a broader reform to make the IMF’s financial support more flexible and better tailored to the diverse needs of LICs, including in times of crisis.
See lessWhich one of the following statement is incorrect regarding State/UTs?
Ans (d) Dadra and Nagar Haveli were under French colonial rule till 1954 is not correct. Dadra and Nagar Haveli were under Portuguese colonial rule till 1954, not under French colonial rule.
Ans (d) Dadra and Nagar Haveli were under French colonial rule till 1954 is not correct.
Dadra and Nagar Haveli were under Portuguese colonial rule till 1954, not under French colonial rule.
See lessWhich one of the following is the characteristic climate of the Tropical Savannah region?
Ans (d) A definite dry and wet season Savannah, also known as tropical grasslands, are found to the north and south of tropical rainforest biomes. The tropical Savannah region has a definite dry and wet season. It is also known as Tropical Wet and Dry in the Koeppen classification. Savannah has twoRead more
Ans (d) A definite dry and wet season
Savannah, also known as tropical grasslands, are found to the north and south of tropical rainforest biomes. The tropical Savannah region has a definite dry and wet season. It is also known as Tropical Wet and Dry in the Koeppen classification.
See lessSavannah has two distinct seasons, the wet season and the dry season. In the wet season, vegetation grows, while in the dry season, there is very little rain.
Savannah covers approximately 20% of the Earth’s land area. The largest region of Savannah is in Africa. Kenya and Tanzania consist of tropical grasslands. These grasslands are also found in Brazil in South America. Savannah grasslands are much richer in humus than equatorial forests.