Practice Question and Answer

Q:

What is the amount of interest-free festival advance to stimulate demand by the central government?

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  • 1
    50000 rupees
    Correct
    Wrong
  • 2
    70000 rupees
    Correct
    Wrong
  • 3
    10000 rupees
    Correct
    Wrong
  • 4
    90000 rupees
    Correct
    Wrong
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Answer : 3. "10000 rupees"

Q:

Select the option that is related to the third letter-cluster in the same way as the second letter-cluster is related to the first letter-cluster.
 BJ : HP :: TQ : ? 

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  • 1
    YW
    Correct
    Wrong
  • 2
    YX
    Correct
    Wrong
  • 3
    ZX
    Correct
    Wrong
  • 4
    ZW
    Correct
    Wrong
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Answer : 4. "ZW"

Q: Should there be only a uniform rate of income tax irrespective of the level of income? Arguments : I. Yes. This will substantially reduce the work of the officials of the income tax department. II. No. This will reduce Govt tax collection to a large extent 1140 0

  • 1
    If only argument I is strong
    Correct
    Wrong
  • 2
    If only argument II is strong
    Correct
    Wrong
  • 3
    If neither I nor II is strong
    Correct
    Wrong
  • 4
    If both I and II are strong
    Correct
    Wrong
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Answer : 2. "If only argument II is strong"
Explanation :

Answer: B) If only argument II is strong Explanation: I is weak because reduction of workload of IT officials is not too desirable a motive. II is strong because reduced tax collection will have a bad impact on state activities.

Q:

Read the following passage and answer the questions given after it.

Notwithstanding logistical challenges posed by COVID19 pandemic, India continues to expand its rice exports footprint in the African, Asian and European Union markets, thus having the largest share in global rice trade. The robust global demand also helped India’s growth in rice exports.

In 2020-21, India’s rice exports (Basmati and Non-Basmati) rose by a huge 87 per cent to 17.72 Million Tonne (MT) from 9.49 MT achieved in 2019-20. In terms of value realisation, India’s rice exports rose by 38 per cent to USD 8815 million in 2020-21 from USD 6397 million reported in 2019-20. In terms of Rupees, India’s rice export grew by 44 per cent to Rs 65298 crore in 2020-21 from Rs 45379 crore in the previous year. In the first seven months of the current financial year (2021-22), India’s rice exports rose by more than 33 per cent to 11.79 MT from 8.91 MT achieved during April-October, 2020-21. It is anticipated that India’s rice exports in 2021-22 would likely surpass the record feet of 17.72 MT achieved in 2020-21.

In 2020-21, India shipped non-basmati rice to nine countries - Timor-Leste, Puerto Rico, Brazil, Papua New Guinea, Zimbabwe, Burundi, Eswatini, Myanmar and Nicaragua, where exports were carried out for the first time or earlier the shipment was smaller in volume. India’s Non-Basmati rice exports was valued at USD 4796 million (Rs 35448crore) in 2020- 21, with Basmati Rice exports a close second at USD 4018 million (Rs 29,849 crore). In terms of volume of Basmati rice exports in 2020-21, top ten countries – Saudi Arabia, Iran, Iraq, Yemen, United Arab Emirates, United States of America, Kuwait, United Kingdom, Qatar and Oman have a share of close to 80 per cent in total shipments of aromatic long grained rice from India.

Top ten countries – Nepal, Benin, Bangladesh, Senegal, Togo, Cote D Ivoire, Guinea, Malaysia, Iraq, United Arab Emirates – have a share of 57 per cent in India’s total exports of non-Basmati rice in 2020-21 in terms of volume.

What is the estimate of rice export in the year 2021-22?

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  • 1
    It will remain the same as the 17.72 MT rice export achieved in 2020-21.
    Correct
    Wrong
  • 2
    It may fall below the 17.72 MT rice export achieved in 2020-21.
    Correct
    Wrong
  • 3
    It will exceed the 17.72 MT rice export achieved in 2020-21.
    Correct
    Wrong
  • 4
    It will not pass beyond the 17.72 MT rice export achieved in 2020-21.
    Correct
    Wrong
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Answer : 3. "It will exceed the 17.72 MT rice export achieved in 2020-21."

Q:

Where was the Fit India Walkathon 2020 launched?

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  • 1
    Jaisalmer
    Correct
    Wrong
  • 2
    Jodhpur
    Correct
    Wrong
  • 3
    Bhopal
    Correct
    Wrong
  • 4
    Kolkata
    Correct
    Wrong
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Answer : 1. "Jaisalmer"

Q:

Which of the following autobiographies is written by former English footballer, David Beckham published in 2003 ?

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  • 1
    The Greatest: My own Story
    Correct
    Wrong
  • 2
    Standing my Ground
    Correct
    Wrong
  • 3
    A Shot at History
    Correct
    Wrong
  • 4
    My Side
    Correct
    Wrong
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Answer : 4. "My Side"
Explanation :

My side is an autobiography written by former English footballer, David Beckham published in 2003. David Robert Joseph Beckham is an English former professional footballer, the current president and co-owner of Inter Miami CF, and the co-owner of Salford City. He is known for his range of passing, crossing ability, and bending free-kicks as a right winger, David Beckham has been hailed as one of the greatest and most recognizable midfielders of his generation, as well as one of the best set-piece specialists of all time. He is the first English player to win league titles in four countries: England, Spain, the United States, and France.

Q:

Which bank has released a new book titled 'Future of Regional Cooperation in Asia and the Pacific'?

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  • 1
    DBS Bank
    Correct
    Wrong
  • 2
    World Bank
    Correct
    Wrong
  • 3
    ADB
    Correct
    Wrong
  • 4
    HDFC Bank
    Correct
    Wrong
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Answer : 3. "ADB"

Q:

Direction: From the given answer figure select the one in which 54the question figure is hidden/embedded in the same direction.
Question Figure

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  • 1

    Correct
    Wrong
  • 2

    Correct
    Wrong
  • 3

    Correct
    Wrong
  • 4

    Correct
    Wrong
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Answer : 1. "

"

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