Q:

What does “L” stand for in PMLA?

A) Leverage	B) Limit
C) Lending	D) Liberalised

Answer & Explanation Answer:

Explanation:

PMLA stands for Prevention of Money Laundering Act, 2002. So, L stands for Laundering. Prevention of Money Laundering Act, 2002 is an Act of the Parliament of India enacted by the NDA
government to prevent money-laundering and to provide for confiscation of property derived from money-laundering.

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Q:

Who among the following is the Chairman of the Fourteenth Finance Commission?

A) C. Rangarajan	B) Vijay Kelkar
C) Y. V. Reddy	D) Rakesh Mohan

Answer & Explanation Answer: C) Y. V. Reddy

Explanation:

The 14th Finance Commission was constituted in January 2014. Commissions chairman was former RBI governor Y V Reddy and its members were Sushma Nath, M. Govinda Rao, Abhijit Sen, Sudipto Mundle.

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Q:

Which of the following is least likely to be an effect of global warming?

A) Increased frequency of hurricanes	B) Loss of fertile delta region as for agriculture
C) Decreased rate of photosynthesis in vegetation	D) Shrinking of the polar ice regions

Answer & Explanation Answer: C) Decreased rate of photosynthesis in vegetation

Explanation:

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Q:

Kutir Jyoti Scheme is associated with

A) Promoting cottage industry in villages	B) Promoting employment among rural unemployed youth
C) Providing electricity to rural families living below poverty line	D) All of these

Answer & Explanation Answer: C) Providing electricity to rural families living below poverty line

Explanation:

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Q:

Who has the power to prorogue the Lok Sabha ?

A) The Speaker	B) The Prime Minister
C) The Minister for Parliamentary Affairs	D) The President

Answer & Explanation Answer: D) The President

Explanation:

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Q:

Article 231 of the Indian Constitution "Establishment of a common High Court for two or more States" deals with?

A) the State Government	B) the directive principles of state policy
C) the Union Government	D) the fundamental rights of the Indian Citizen

Answer & Explanation Answer: A) the State Government

Explanation:

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Q:

Which of the following Five Year Plan had the focus on ‘food, work & productivity’?

A) Sixth Five Year Plan	B) Second Five Year Plan
C) Seventh Five Year Plan	D) Fifth Five Year Plan

Answer & Explanation Answer: C) Seventh Five Year Plan

Explanation:

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Q:

Which of the following organ of the government refers to a smaller group of people who are responsible for implementing laws and running the government?

I. The Judiciary

II. The Executives

III. The Legislature

A) Only I	B) Only II
C) Only III	D) No option is correct

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