1. The terms Volley, Smash, Service are related to which among the following sports?
[A] Volleyball
[B] Lawn Tennis
[C] Table Tennis
[D] Badminton
Show Answer
Correct Answer: B [Lawn Tennis]
Notes:
The terms Volley, Smash, and Service are primarily associated with Lawn Tennis. In tennis, a “volley” refers to hitting the ball before it bounces, a “smash” is a powerful overhead shot, and “service” is the act of starting a point by hitting the ball into the opponent’s court. Tennis originated in France in the late 12th century and has evolved into a major global sport, with the four Grand Slam tournaments being the most prestigious events.
2. The reserve bank of India has conducts the repo / reverse repo auctions at which of the following rates?
[A] at fixed rate
[B] at variable rates
[C] at fixed or variable rates as the circumstances warrant
[D] None of the above
Show Answer
Correct Answer: C [at fixed or variable rates as the circumstances warrant]
Notes:
The Reserve Bank of India (RBI) conducts repo and reverse repo auctions at fixed or variable rates depending on market conditions. Repo rate is the rate at which the RBI lends money to commercial banks, while the reverse repo rate is the rate at which it borrows money from them. This flexibility allows the RBI to manage liquidity and control inflation effectively. The repo rate influences the overall interest rates in the economy, impacting borrowing and spending.
3. National Tiger Conservation Authority (NTCA) was constituted in:
[A] 2005
[B] 2006
[C] 2007
[D] 2008
Show Answer
Correct Answer: B [2006]
Notes:
The National Tiger Conservation Authority (NTCA) was established in the year 2005. In 2006, the Wildlife Protection Act of 1972 was amended to constitute the National Tiger Conservation Authority for the implementation of the Project Tiger to protect endangered tigers.
4. Which among the following statements is NOT correct ?
[A] NABARD is the apex institution financing agriculture and rural development
[B] National Housing Bank is apex institution for providing housing loans on easy conditions
[C] EXIM bank is apex institution for financing exports and imports
[D] All are correct
Show Answer
Correct Answer: D [All are correct]
Notes:
The correct answer is “All are correct.” NABARD (National Bank for Agriculture and Rural Development) is indeed the apex institution for financing agriculture and rural development in India. The National Housing Bank (NHB) serves as the apex institution for housing finance, promoting housing loans. EXIM Bank (Export-Import Bank of India) is responsible for financing and facilitating international trade. All statements accurately describe the roles of these institutions.
5. Indian Institute of Corporate Affairs is located at:
[A] New Delhi
[B] Faridabad
[C] Gurgaon
[D] Chandigarh
Show Answer
Correct Answer: C [Gurgaon]
Notes:
The Indian Institute of Corporate Affairs (IICA) is located in Manesar, near Gurgaon, Haryana. Established in 2009, it serves as a think tank for corporate governance and is affiliated with the Ministry of Corporate Affairs. The institute focuses on research, training, and capacity building in corporate affairs.
6. Among the countries that form the Schengen Area, how many are not members of the European Union?
[A] 1
[B] 2
[C] 3
[D] 4
Show Answer
Correct Answer: D [4]
Notes:
Four countries that are part of the Schengen Area are not members of the European Union: Iceland, Liechtenstein, Norway, and Switzerland.
7. Who among the following singer is often called as “Prince of Bhangra”?
[A] Daler Mehandi
[B] Mika Singh
[C] Sukhbeer
[D] Sukhvinder Singh
Show Answer
Correct Answer: C [Sukhbeer]
Notes:
Sukhbeer is often referred to as the “Prince of Bhangra” due to his important contributions to the genre, particularly in the 1990s. Bhangra is a lively form of music and dance originating from Punjab, India, and Sukhbeer helped popularize it globally. His energetic performances and catchy songs have made him a prominent figure in Punjabi music.
8. Akbar Nama was written by whom?
[A] Abul Fazal
[B] Khafi Khan
[C] Tansen
[D] Gulbadan Begum
Show Answer
Correct Answer: A [Abul Fazal]
Notes:
Abul Fazl was the author of Akbarnama, the official history of Akbar’s reign in 3 volumes. This book gives the history of Akbar’s forefathers from Timur to Humayun and Akbar’s reign till 1602 AD. Abul Fazl was one of the nine jewels in the royal court of Akbar.
9. Who among the following poets composed Sur Surawali?
[A] Surdas
[B] Mira Bai
[C] Jagjivan Das
[D] Kabir Das
Show Answer
Correct Answer: A [Surdas]
Notes:
Saint Surdas ji was an ardent devotee of Lord Krishna, known for his devotional songs dedicated to Lord Krishna. He composed Sur Sagar, Sur Saravali and Sahitya Ratna. He was blind from birth belong to saguna school of Bhakti Kal (Sagunas believed in a human incarnation of god).
10. Fiscal policy is associated with which of the following?
[A] Public revenue
[B] Public expenditure and debt
[C] Bank rate policy
[D] Both (A) and (B)
Show Answer
Correct Answer: D [Both (A) and (B)]
Notes:
In economic science, fiscal policy is the use of government revenue collection and expenditure to influence the economy. Fiscal policy is often used to stabilize the economy over the course of the business.