Questions

Q:

FERA stands for 

A) Foreign Exchange Regulation Agency B) Foreign Exchange Repulsive Agent
C) Foreign Expert Regulation Act D) Foreign Exchange Regulation Act
 
Answer & Explanation Answer: D) Foreign Exchange Regulation Act

Explanation:

FERA stands for Foreign Exchange Regulation Act.

 

  • It came into existence in 1973.
  • FERA lays emphasis on the regulation of currencies.

 

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Q:

According to the Election Commission of India, in order to be recognized as a ‘National Party’, a political party must be treated as a recognized political party in how many States?

 

A) At least two States B) At least three States
C) At least four States D) At least five States
 
Answer & Explanation Answer: C) At least four States

Explanation:

Trinamool Congress became the 7th political party to be recognized as a National Party in September 2016.

Conditions for Recognition as a National Party

1. Secure at least 6% of the valid vote in an Assembly or a Lok Sabha General Election in any four or more states and won at least 4 seats in a Lok Sabha General Election from any State or States.

2. Win at least 2% of the total Lok Sabha seats in a Lok Sabha General Election and these seats have to be won from at least 3 states.

3. The party is recognized as a State Party in at least four states.

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Q:

Indian Constitution has how many Schedules?

A) 4 B) 8
C) 12 D) 16
 
Answer & Explanation Answer: B) 8

Explanation:
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Q:

The Look East Policy in India was started by which of the following Prime Ministers?

A) Rajiv Gandhi B) Atal Bihari Vajpayee
C) P.V. Narasimha Rao D) Manmohan Singh
 
Answer & Explanation Answer: C) P.V. Narasimha Rao

Explanation:
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Q:

The third generation anti-tank missile that was successfully test fired by DRDO at Rajasthan is named

A) Agni B) Nag
C) Cobra D) Toophan
 
Answer & Explanation Answer: B) Nag

Explanation:
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Q:

The right to form associations and unions is a right

A) guaranteed to everybody B) to freedom guaranteed to citizens only
C) to equality before law D) to life and personal liberty
 
Answer & Explanation Answer: B) to freedom guaranteed to citizens only

Explanation:

Article 19 (1) (c) of the Constitution guarantees to all citizens the right “to form associations and unions.” Under clause (4) of Article 19, however, the State may by law impose reasonable restrictions on this right in the interest of public order, morality or sovereignty and integrity of India.As per the Article 19 of the Constitution, the right to form associations and unions is a fundamental right guaranteed only to citizens.

 

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Q:

The Sixth Schedule of the Constitution of India pertains to the administration of tribal areas in which of the following States?

A) Assam, Meghalaya, Tripura and Mizoram B) Meghalaya, Tripura, Manipur and Mizoram
C) Assam, Manipur, Meghalaya and Tripura  D) Manipur, Meghalaya, Tripura and Arunachal Pradesh
 
Answer & Explanation Answer: A) Assam, Meghalaya, Tripura and Mizoram

Explanation:

The Constitution of India makes special provisions for the administration of the tribal dominated areas in four states viz. Assam, Meghalaya, Tripura and Mizoram. As per article 244 and 6th Schedule, these areas are called “Tribal Areas“, which are technically different from the Scheduled Areas under fifth schedule.

 

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Q:

Who took over as the new chairman of the Tata Sons owned Vistara Airline in 2016? Prior to this, he was the Managing Director of Titan for a long time.

A) Ramadurai B) Bhaskar Bhatt
C) Cyrus Mistry D) N Chandrashekaran
 
Answer & Explanation Answer: B) Bhaskar Bhatt

Explanation:
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