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Q:

Which law states that bad money drives good money out of circulation?

A) Wagner's law B) Grimm's law
C) Gresham's law D) Keynes' law
 
Answer & Explanation Answer: C) Gresham's law

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Q:

During which Five Year Planning was NABARD established?

A) 5th B) 6th
C) 3rd D) 9th
 
Answer & Explanation Answer: B) 6th

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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

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Q:

Malachite is an ore/mineral of

A) Lead B) Manganese
C) Mercury D) Copper
 
Answer & Explanation Answer: D) Copper

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Q:

Gustation refers to the sense of which of the following ?

A) Smell B) Hearing
C) Tactile D) Taste
 
Answer & Explanation Answer: D) Taste

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Q:

The minimum number of members that must be present to hold the meeting of the Lok Sabha is

A)  One­fourth of the total membership B)  One­fourth of the total membership
C)  Fifty percent strength of the Lok Sabha D)  At least hundred members
 
Answer & Explanation Answer: B)  One­fourth of the total membership

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Q:

The 'Kyoto Protocol' is an international treaty that commits State parties to reduction in

A) poverty B) greenhouse gases emission
C) nuclear armaments D) agricultural subsidy
 
Answer & Explanation Answer: B) greenhouse gases emission

Explanation:

The Kyoto Protocol is an international agreement linked to the United Nations Framework Convention on Climate Change, which commits its Parties by setting internationally binding emission reduction targets.

Recognizing that developed countries are principally responsible for the current high levels of GHG emissions in the atmosphere as a result of more than 150 years of industrial activity, the Protocol places a heavier burden on developed nations under the principle of "common but differentiated responsibilities."

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Q:

The BRICS New Development Bank (NDB) has been set up for

A) Funding infrastructure projects in emerging economics for sustainable development B) Funding non-infrastructure projects in emerging economics for sustainable development
C) Funding infrastructural projects in developed countries D) Funding infrastructural projects in BRICS countries only
 
Answer & Explanation Answer: A) Funding infrastructure projects in emerging economics for sustainable development

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