Tuesday, April 9, 2013

India’s largest commercial bank is [UPSC 2008]


1.India’s largest commercial bank is [UPSC 2008]
(a) Central Bank of India
(b) State Bank of India
(c) Indian Oversea Bank
(d) Bank of India
Answer: (b)
2.Karl Marx explained the process of class struggle with the help of which one of the following theories? [UPSC 2011 (CS-P)]
(a) Empirical liberalism
(b) Existentialism
(c) Darwin’s theory of evolution
(d) Dialectical materialism
Answer: (d)
3.Microfinance is the provision of financial services to people of low-income groups. This includes both the consumers and the self-employed. The service/services rendered under micro-finance is/are:
1. Credit facilities
2. Savings facilities
3. Insurance facilities
4. Fund Transfer facilities
Select the correct answer using the codes given below the lists: [UPSC 2011 (CS-P)]
(a) 1 only
(b) 1 and 4 only
(c) 2 and 3 only
(d) 1, 2 ,3 and 4
Answer: (d)
4.New firms are barred from entering the market in [UPSC 2008]
(a) Perfect competition
(b) Oligopoly
(c) Monopolistic competition
(d) Monopoly
Answer: (d)
5.Other than Venezuela, which one among the following from South America is a member of OPEC? [UPSC 2009(CS-P)]
(a) Argentina
(b) Brazil
(c) Ecuador
(d) Bolivia
Answer: (c)
6.Recently, the USA decided to support India’s membership in multi-lateral export control regimes called the “Australia Group” and the “Wassenaar Arrangement”. What is the difference between them?
1. The Australia Group is an informal arrangement which aim to allow exporting countries to minimize the risk of assisting chemical and biological weapons proliferation, whereas the Wassenaar Arrangement is a formal group under the OECD holding identical objectives.
2. The Australia Group comprises predominantly of Asian. African and North American countries, whereas the member countries of Wassenaar Arrangement are predominantly from the European Union and American continents.
Which of the statements given above is/are correct? [UPSC 2011 (CS-P)]
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
Answer: (a)
7.Regarding “carbon credits”, which one of the following statements is not correct?  [UPSC 2011 (CS-P)]
(a) The carbon credit system was ratified in conjunction with the Kyoto Protocol
(b) Carbon credits are awarded to countries or groups that have reduced greenhouse gases below their emission quota
(c) The goal of the carbon credit system is to limit the increase of carbon dioxide emission
(d) Carbon credits are traded at a price fixed from time to time by the United Nations Environment Programme
Answer: (d)
8.Regarding the International Monetary Fund, which one of the following statements is correct?  [UPSC 2011 (CS-P)]
(a) It can grant loans to any country
(b) It can grant loans to only developed countries
(c) It can grant loans to only member countries
(d) It can grant loans to the central bank of a country
Answer: (c)
9.Stiglitz Commission established by the President of the United Nations General Assembly was in the international news. The commission was supposed to deal with [UPSC 2010 (CS-P)]
(a) The challenges posed by the impending global climate change and prepare a road map.
(b) The workings of the global financial systems and to explore ways and means to secure a more sustainable global order.
(c) Global terrorism and prepare a global action plan for the mitigation of terrorism.
(d) Expansion of the United Nations Security Council in the present global scenario.
Answer: (b)
10.Sustainable development is described as the development that meets the needs of the present without compromising the ability of future generations to meet their own needs. In this perspective, inherently the concept of sustainable development is intertwined with which of the following concepts? [UPSC 2010 (CS-P)]
(a) Social justice and empowerments
(b) Inclusive Growth
(c) Globalization
(d) Carrying capacity
Answer: (d)

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