General Knowledge Questions

The act provides for a five-year term of office to the panchayat at every level. However, it can be dissolved before the completion of its term.the state legislature shall provide for the reservation of offices of chairperson in the panchayat at the village or any other level for the SCs and STs. The state legislature may make provisions with respect to the maintenance of accounts by the panchayats and the auditing of such accounts.

Masala bonds are bonds issued outside India but denominated in Indian Rupees, rather than the local currency. Kerala Infrastructure Investment Fund Board have listed 21.5 billion rupees ($305 million) of Masala bonds on the London Stock Exchange.

National security refers to security of a nation state, including its citizens, economy&institutions, is regarded as a duty of govt. It is celebrated every year on 4th March. The 1st National Security Day observed in the year 1972.

The Rule of Law states that a principle of governance in which all persons, institutions and entities, public and private, including the State itself, are accountable to laws that are publicly promulgated, equally enforced and independently adjudicated, and which are consistent with international human rights norms and standards.

Uttar Pradesh stands first as the most populated state in India as per Census 2011 with more than 25 crore.