Tuesday, April 9, 2013

The “New START” treaty was in the news. What is this treaty? [UPSC 2011 (CS-P)


1.The “New START” treaty was in the news. What is this treaty? [UPSC 2011 (CS-P)]
(a) It is a bilateral strategic nuclear arms reduction treaty between the USA and the Russian Federation
(b) It is multilateral energy security cooperation treaty among the members of the East Asia Summit
(c) It is a treaty between the Russian Federation and the European Union for the energy security
cooperation
(d) It is a multilateral cooperation treaty among the BRICS countries for the promotion of trade.
Answer: (a)
2.The concept of carbon credit originated from which one of the following? [UPSC 2009(CS-P)]
(a) Earth Summit, Rio de Janeiro
(b) Kyoto Protocol
(c) Montreal Protocol
(d) G-8 Summit, Heiligendamm
Answer: (b)
3.The difference between the simple interest received from two banks on Rs. 500 for two years is Rs. 2.50. What is the difference between their rates? [UPSC 2010 (CS-P)]
(a) 0.25%
(b) 0.5%
(c) 1%
(d) 2.5%
Answer: (a)
4.The International Development Association, a lending agency, is administered by the [UPSC 2010 (CS-P)]
(a) International Bank for Reconstruction and Development.
(b) International Fund for Agricultural Development.
(c) United Nations Development Programme.
(d) United Nations Industrialized Development Organization.
Answer: (a)
5.The lowering of Bank Rate by the Reserve Bank of India leads to [UPSC 2011 (CS-P)]
(a) More liquidity in the market
(b) Less liquidity in the market
(c) No change in the liquidity in the market
(d) Mobilization of more deposits by commercial banks
Answer: (a)
6.The SEZ Act, 2005, which came into effect in February 2006 has certain objectives. In this Context, consider the following:
1. Development of infrastructure facilities.
2. Promotion of investment from foreign sources.
3. Promotion of exports of services only.
Which of the above are the objectives of this Act? [UPSC 2010 (CS-P)]
(a) 1 and 2 only
(b) 3 only
(c) 2 and 3 only
(d) 1, 2 and 3
Answer: (a)
7.The supply of a commodity does not depend directly upon [UPSC 2008]
(a) Cost of production
(b) Price of the commodity
(c) Technology of production
(d) Demand for the commodity
Answer: (d)
8.When the Reserve Bank of India announces an increase of the Cash Reserve Ratio, what does it mean? [UPSC 2010 (CS-P)]
(a) The commercial banks will have less money to lend.
(b) The Reserve Bank of India will have less money to lend.
(c) The Union Government will have less money to lend.
(d) The commercial banks will have more money to lend.
Answer: (a)
9.Which of the following can aid in furthering the Government’s objective of inclusive growth?
1. Promoting Self-Help Groups
2. Promoting Micro, Small and Medium Enterprises
3. Implementing the Right to Education Act
Select the correct answer using the codes given below: [UPSC 2011 (CS-P)]
(a) 1 only
(b) 1 and 2 only
(c) 2 and 3 only
(d) 1, 2 and 3
Answer: (d)
10.Which of the following is / are treated as artificial currency? [UPSC 2010 (CS-P)]
(a) ADR
(b) GDR
(c) SDR
(d) Both ADR and SDR
Answer: (c)

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