General Studies Questions [Mix & Previous Years MCQs]

Notes:
Beagle strait is located in Tierra del Fuego Archipelago on the extreme southern tip of South America partly in Chile and partly in Argentina. The channel’s eastern area forms part of the border between Chile and Argentina and the western area is entirely within Chile.

Notes:
Bleaching powder is chemically, calcium oxychloride (CaOCl2). Bleaching powder is manufactured using Backmann’s plant in which slack lime and Chlorine are made to react to create Bleaching Powder.
Bleaching powder is a yellowish white powder with a strong smell of chlorine. When exposed to air, bleaching powder gives a smell of chlorine. This is because bleaching powder reacts with carbon dioxide from the atmosphere to produce calcium carbonate and chlorine.

Notes:
In India, the operation of currency futures requires the permission of multiple regulatory bodies. The Ministry of Finance oversees economic policy, while the Reserve Bank of India (RBI) regulates monetary policy and foreign exchange. The Securities and Exchange Board of India (SEBI) regulates the securities market. Therefore, all three entities must collaborate to ensure a stable and regulated trading environment for currency futures. This multi-agency approach helps maintain financial stability and investor protection in the derivatives market.

Notes:
Capital account convertibility (CAC) means the freedom to convert local financial assets into foreign financial assets and vice versa at market determined rates of exchange. This implies that Capital Account Convertibility allows anyone to freely move from local currency into foreign currency and back.

Notes:
Selection 9 is a variety of coffee in India, specifically known for its high quality. India is one of the largest coffee producers in the world, with the Arabica and Robusta varieties being the most cultivated. The Selection 9 variety is particularly noted for its unique flavor profile and is grown primarily in the southern states, such as Karnataka. Coffee cultivation in India dates back to the 17th century, introduced by Baba Budan, who brought seeds from Yemen.

Notes:
The Society for Worldwide Inter-bank Financial Telecommunication, commonly known as SWIFT, was established under Belgian law in 1977. It allows banks to send and receive information about financial transactions in a secure and standardised environment. Today, more than 11,000 institutions in over 200 countries use its services. It has become the industry standard for syntax in financial messages.

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A combination of several medicines called SHREZ is used in the treatment of Tuberculosis. It is usually caused by Mycobacterium tuberculosis (MTB) bacteria and generally affects the lungs, but can also affect other parts of the body.

Notes:
In India, a micro enterprise in the manufacturing sector is defined by the Micro, Small and Medium Enterprises Development (MSMED) Act, 2006. According to this act, the investment in plant and machinery for micro enterprises must not exceed Rs. 25 lakh (2.5 million). This classification helps in promoting small businesses and provides them access to various government schemes and financial support.

Notes:
The Telecom Regulatory Authority of India (TRAI) was established in 1997 by an Act of Parliament. It was created to regulate the telecommunications sector in India, ensuring fair competition and protecting consumer interests. TRAI’s establishment marked a important shift towards liberalization in the Indian telecom industry, which has since become one of the largest in the world.

Notes:
Vasco da Gama, a Portuguese Navigator discovered sea route to India in 1498 A.D.