Questions

Q:

Which of the following committees has been constituted by Insurance Regulatory and Development Authority (IRDAI) to review regulations governing the Insurance Marketing Firms (IMF)?

A) Balwant Rai Mehta Committee B) Veerappa Moily Committee
C) Ashok Chavan Committee D) Sachar Committee
 
Answer & Explanation Answer: D) Sachar Committee

Explanation:

The Insurance Regulatory and Development Authority (IRDAI) has set up a 10-member committee headed by Suresh Mathur (ED-IMF, IRDAI) to review norms related to Insurance
Marketing Firms (IMF) with an aim to increase insurance penetration in the country.

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Q:

Jammu and Kashmir Rifles is 

A) an infantry regiment of the Indian Army B) a battalion of the Rashtriya Rifles
C) the name of the Armed Police of the State of Jammu and Kashmir D) a paramilitary force under the Ministry of Home Affairs
 
Answer & Explanation Answer: A) an infantry regiment of the Indian Army

Explanation:

Jammu and Kashmir Rifles is an infantry regiment of the Indian Army. It is a truly historic Indian Regiment raised by Maharaja Gulab Singh, the founder of the Dogra Kingdom in 1820. Amongst all the princely State Forces of India, it was the only one to be absorbed into the Indian Army as a separate Regiment and did not lose its entity by merger into the existing Regiments of the Army.

 

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Q:

Which one of the following issues was included in the Indo-US Nuclear Agreement of 2007?

A) India has 'advance right to reprocess' US-origin safeguarded spent fuel. B) India did not have the right to build a strategic fuel reserve with the help of the other supplier countries
C) India should not test a nuclear device D) The US will impede with the growth of India's nuclear weapons programme.
 
Answer & Explanation Answer: C) India should not test a nuclear device

Explanation:

The deal would indirectly bring India under purview of NSG and US laws that would not allow India to conduct nuclear test in the future. The issue of nuclear test was later clarified as the moratorium on nuclear test was unilateral and voluntary and there was no pressure on India from outside.

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Q:

'Green Banking' means :

A) Banks financing agriculture B) Banks financing irrigation projects
C) Banks financing farmers D) Banks financing pro-­environmental projects
 
Answer & Explanation Answer: D) Banks financing pro-­environmental projects

Explanation:
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Q:

Bhadravati Rapid Action Force (RAF) unit, which was making news recently, is the first such unit of which state?

 

 

A) Karnataka B) Telangana
C) Kerala D) Odisha
 
Answer & Explanation Answer: A) Karnataka

Explanation:
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Q:

With whom did the Government of India sign a $ 120 million loan agreement to complete double-tracking and electrification of railway tracks along high-density corridors to improve the operational efficiency of India's railway network?

A) European Bank B) African Development Bank
C) International Monetary Fund (IMF) D) Asian Development Bank
 
Answer & Explanation Answer: D) Asian Development Bank

Explanation:
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Q:

India is developing Chabahar Port in which of the following countries?

A) Iraq B) Oman
C) Iran D) Afghanistan
 
Answer & Explanation Answer: C) Iran

Explanation:
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Q:

Securities and Exchange Board of India is a

A) Quasi Judicial body B) Regulatory Body
C) Advisory Body D) Consititutional Body
 
Answer & Explanation Answer: B) Regulatory Body

Explanation:
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