Q:

Which committee was set up to review the concept of the poverty line?

A) S Tendulkar Committee	B) Lakdawala Committee
C) Wanchoo Committee	D) Dutt Committee

Answer & Explanation Answer: A) S Tendulkar Committee

Explanation:

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Q:

______________ scheme launched by the Central Government aims to spur social, economic and infrastructure development in rural areas by developing a cluster of 300 Smart Villages.

A) Soil Health Card	B) Shyama Prasad Mukherji Rurban Mission
C) Pradhan Mantri Fasal Bima Yojana	D) Pradhanmantri rojgar yojna

Answer & Explanation Answer: B) Shyama Prasad Mukherji Rurban Mission

Explanation:

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Q:

As per John Locke, an English philosopher and physician, which is not a Natural Right?

A) Liberty	B) Equality
C) Property	D) Right to Vote

Answer & Explanation Answer: D) Right to Vote

Explanation:

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Q:

Which of the following is not a method of estimating national income?

A) Expenditure method	B) Output method
C)	D) Matrix method

Answer & Explanation Answer: C)

Explanation:

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Q:

Scheduled bank is a bank which is ....

A) Nationalised	B) Not Nationalised
C) Based in foreign Country	D) Included in the second schedule of RBI

Answer & Explanation Answer: D) Included in the second schedule of RBI

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Q:

Which among the following is an umbrella organization for all retail payments system in India?

A) RBI	B) NPCI
C) SEBI	D) NITI Aayog

Answer & Explanation Answer: B) NPCI

Explanation:

National Payments Corporation of India is the umbrella organisation for all retail payment systems in India, which aims to allow all Indian citizens to have unrestricted access to e-payment services

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Q:

India had signed an Open Skies agreement with which country which will allow designated airlines of both signatory countries to operate freely?

A) Singapore	B) Russia
C) France	D) Japan

Answer & Explanation Answer: D) Japan

Explanation:

India finalised an Open Skies Agreement with Japan, allowing designated airlines of both signatory countries to operate freely. This is likely to be formalised during Japanese Prime Minister Shino Abe’s visit to India later this month. The agreement may allow airlines from Japan to fly directly to Chennai and Bengaluru. All Nippon Airways, Japan Airlines and Air India are the only carriers that connect the two countries, now.

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Q:

Regional Rural Banks are sponsored by

A) Nationalised Commercial Bank	B) Reserve Bank of India
C) State Bank of India	D) Government of India

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