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Q:

Which   one   of   the   following   statements relating  to  the  Directive  Principles  of  State Policy is not correct?

A) The  provisions  contained  in  part  IV  of the  Constitution  of  India  shall  not  be enforceable by any Court. B) The  Directive  Principle  of  State  policy are  fundamental  in  the  governance  of the country.
C) It  shall  be  the  duty  of  the  State  to apply  the  Directive  Principle  in  making laws. D) The  Directive  Principle  are  directed  in making  India  an  advanced  capitalist country of the world.
 
Answer & Explanation Answer: D) The  Directive  Principle  are  directed  in making  India  an  advanced  capitalist country of the world.

Explanation:

The  Directive  Principles  of  State Policy are enumerated in Part IV of the Constitution from Articles 36 to 51.   The   Directive   Principles   are non-justiciable  in  nature,  that  is, they are not legally enforceable by the  courts  for  their  violation.  So, the     Governments     cannot     be compelled   to   implement   them.Although the Constitution in Article 37  itself  says  that  these  principles are fundamental in the governance of  the  country  and  it  shall  be  the duty  of  the  State  to  apply  these principles  in  making  laws. These principles  reflect  the  ideology  of socialism, Gandhian and liberalism.

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Q:

In April 2017, on the birth anniversary of Dr. B. R. Ambedkar which body announced the winners of Lucky Draw Schemes like ‘Lucky Grahak Yojana’ and ‘Digi-Dhan Vyapar Yojana’?

 

A) Reserve Bank of India B) State Bank of India
C) National Payments Corporation of India D) No option is correct
 
Answer & Explanation Answer: C) National Payments Corporation of India

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Q:

On 5 January 2018, Lok Sabha passed High Court and Supreme Court Judges (Salaries and Conditions of Service) Amendment Bill, 2017. The Bill seeks to amend ______

A) High Court Judges (Salaries and Conditions of Service) Act, 1954   B) High Court Judges (Salaries and Conditions of Service) Act, 1964  
C) High Court Judges (Salaries and Conditions of Service) Act, 1975   D) High Court Judges (Salaries and Conditions of Service) Act, 1980  
 
Answer & Explanation Answer: A) High Court Judges (Salaries and Conditions of Service) Act, 1954  

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Q:

Sound CANNOT travel through

A) Air B) Vacuum
C) Liquid D) Solid
 
Answer & Explanation Answer: B) Vacuum

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Filed Under: Physics
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Q:

Which of the following meals is NOT obtained by reduction using carbon?

A) Copper B) Sodium
C) Iron D) Zinc
 
Answer & Explanation Answer: B) Sodium

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Filed Under: Chemistry
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Q:

Match the characteristics with their market structure:
(a) Firm has control over quantity of output but it must take into account reactions of competitors.
b) Firm will tend to set output so that it earns maximum profits.

A) (a) Oligopoly, (b) Pure competition B) (a) Monopolistic competition, (b) Oligopoly
C) (a) Pure Monopoly, (b) Pure competition D) (a) Oligopoly, (b) Pure Monopoly
 
Answer & Explanation Answer: D) (a) Oligopoly, (b) Pure Monopoly

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Filed Under: Indian Economy
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Q:

Economics assumes that

A) people have unlimited desires but limited resources B) people have limited desires but unlimited resources
C) allocation of resources if not centrally planned will cause inefficiency D) people are emotional and make irrational decisions
 
Answer & Explanation Answer: A) people have unlimited desires but limited resources

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Q:

Reema wants to buy a certain designer party dress. The shop is offering a discount of 20% on that dress which is marked at Rs 5000. If Reema was willing to pay even Rs 7000 for that dress, Reema's consumer surplus is

A) Rs 3000 B) Rs 2000
C) Rs 1000 D) Rs 7000
 
Answer & Explanation Answer: A) Rs 3000

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