Monday, September 08, 2014

Solved Paper | U.P. Judicial Service Pre 2012 | General Knowledge Paper | Uttar Pradesh Civil Judge (Junior Division) Preliminary Exam 2012

Uttar Pradesh Judicial Service Civil Judge (Junior Division) Preliminary Examination- 2012

General Knowledge

Question Number: 141-150
141. Monetary Policy in India is formulated and implemented by
(a) Government of India
(b) Reserve Bank of India
(c) Indian Banks Association

Ans. (b)

142. Small Scale Industries are suited to Indian economic environment, because
(a) they lead to decentralization of economic activities
(b) they make use of local resources
(c) they are import-light and skill-light
(d) All the above.

Ans. (d)

143. Compilation of National Income is done by
(a) Finance Commission
(b) Planning Commission
(c) Central Services Organization
(d) Central Statistical Organization

Ans. (d)

144. Reserve Bank of India follows which system for the issue of currency?
(a) Minimum Reserve System
(b) Proportionate Reserve System
(c) Both of the above
(d) None of the above

Ans. (a)

145. Which reason among the following explains the low growth rate of real National Income as compared to Monetary National Income?
(a) Population is increasing
(b) Inequalities are growing
(c) Price level is increasing
(d) Exports are lesser than imports

Ans. (c)

146. By December 31, 2010, which among the following countries had the largest Foreign Exchange Reserve?
(a) France
(b) Germany
(c) Singapore
(d) India

Ans. (d)

147. The SEBI imposed a restriction on the money flow in the equity through “P-Notes”. What is the full form of “P-Notes”?
(a) Permanent Notes
(b) Purchase Notes
(c) Private Notes
(d) Participatory Notes

Ans. (d)

148. Which sector contributes the highest share in Gross Domestic Savings in India?
(a) Household Sector
(b) Public Sector
(c) Government Sector
(d) Private Corporate Sector

Ans. (a)

149. The rationale of Public Distribution System (PDS) is
(a) to control prices
(b) to reduce fluctuation in prices
(c) to ensure equitable distribution of essential goods
(d) All of the above.

Ans. (d)

150. Which of the following controls credit creation by the Commercial Banks in India?
(a) Ministry of Finance
(b) Reserve Bank of India
(c) Government of India
(d) State Bank of India 
Ans. (b)

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