MCQ for test-23-6-december-2023

Consider the following pairs:

Which of the pairs given above is/are correctly matched?

Consider the following statements with reference to the Indian schools of philosophy:

1. Nyaya School adopts a scientific approach and believes that all material objects are made of atoms.

2. Samkhya School argued that salvation could be attained through the acquisition of knowledge.

3. Lokayata School was a propounder of a materialistic view to achieve salvation.

Which of the statements given above is/are not correct?

Consider the following pairs:

Which of the pairs given above are correctly matched?

With reference to Udayagiri and Khandagiri caves, consider the following statements:

1. These caves carved out during the reign of King Kharavela were dedicated to Hinduism.  

2. These caves provide one of the earliest archaeological evidence of Odissi dance.

3. Udayagiri caves are famous for the Hathigumpha inscription which mentions the military exploits of Ashoka.

Which of the statements given above is/are correct?

Which of the following are the features of Gandhara School of art? 

1. It originated and flourished under the patronage of Kushanas.

2. Its theme is Indian but the style has Greco-Roman elements. 

3. Buddha images have curly hair and muscular body.

4. The sculptures were made using red sandstone.

Select the correct answer using the code given below.

With reference to ancient Indian history, the term ‘Kammakara’ refers to:

Consider the following pairs: 

Which of the pairs given above is/are correctly matched?

Consider the following pairs regarding the Indus Valley Civilization sites and their location on the river basin: 

Which of the pairs given above are correctly matched?

With reference to Mauryan administration, consider the following statements: 

1. Pataliputra was governed by a city council comprised of six committees.

2. Special officers in charge of women's welfare were known as itthijhakka-mahamatas.

3. Rajukas were spies appointed for espionage and keeping the King informed about public opinion.

Which of the statements given above is/are correct? 

With reference to the Shunga dynasty, consider the following statements: 

1. The rulers adopted Buddhism as their state religion.

2. The Besnagar pillar inscription of Heliodorus is dated to this period. 

3. Panini, a famous grammarian, is a contemporary of Pushyamitra Shunga.

Which of the statements given above is/are correct?

With reference to the Gandhian concept of Sarvodaya, consider the following statements:

1. It provides for the welfare and greatest happiness of the greatest number of people.

2. The main features of Sarvodaya are trusteeship and economic equality.

3. The idea of Sarvodaya was majorly influenced by John Ruskin’s work – Unto This Last.

Which of the statements given above are correct?

A story was published in Indu Prakash - a Bombay daily newspaper - as a series of nine articles. Written by Sri Aurobindo Ghosh in 1893, this series of articles criticized the Moderate politics being practiced by Indian National Congress at that time. Later, it was published as a book.

The book in question refers to

Consider the following statements:

1. Sthavira Nikaya and Mahasamghika were the schools of Buddhism.

2. Vajrayana Buddhism combines some tribal elements, Brahmanical rituals and Buddhist philosophies.

Which of the statements given above is/are not correct?

Consider the following statements with reference to Global Depository Receipts (GDR):

1. Indian companies can get listed on foreign exchanges through a GDR.

2. They are considered to have less liquidity than the American Depository Receipts.

3. They form a part of Foreign Direct Investment in India.

4. As of now, there is no approved Global Depository functioning in India.

Which of the statements given above is/are correct?

The ‘Voluntary Retention Route (VRR)’ recently seen in the news is related to:

Consider the following statements with reference to Gross Domestic Product (GDP) calculation in India:

1. The effects of trade surplus and deficits are not reflected in the GDP calculations in India.

2. Narrowing differences between GDP and Net Domestic Product (NDP) represents technology advancements in an economy.

3. The current base year for GDP calculation in India is 2020-2021.

How many of the statements given above are correct?

Consider the following statements regarding Foreign Direct Investment (FDI) and Foreign Institutional Investment (FII):

1. While FDI’s are short-term investments, the FII’s are long term investments.

2. In comparison to FDI, FIIs can quickly enter and exit the stock market.

3. FDI increases a country’s productivity and thus leads to economic growth, whereas FII results in an increase in the country’s capital.

How many of the statements given above is/are correct?

Consider the following statements regarding the FDI Policy of India:

1. Under the Automatic Route, a non-resident investor or an Indian firm does not need the prior approval of the Government of India to invest.

2. The Union Finance Ministry considers all the proposals for foreign direct investment under the Government route for approval.

3. Any entity or a citizen of a country, which shares a land border with India can invest only under the Government route.

Which of the statements given above is/are not correct?

Consider the following statements with reference to Indian Depository Receipts (IDR's):

1. It is the depository receipts raised by Indian companies in the global market.

2. It is required to be listed in at least one stock exchange in India having nationwide terminals.

Which of the statements given above is/are correct?

" It refers to a currency that is issued by a nation that is seen as politically and economically stable. These are widely accepted around the world as a form of payment for goods and services and may be preferred over the domestic currency”. This is the most likely description of

Consider the following statements with reference to Non-Banking Financial Company – Peer to Peer Lending Platform (NBFC P2P):

1. In India, all peer-to-peer lending (P2P) platforms are regulated by the Securities and Exchange Board of India.

2. An existing NBFC is not entitled to operate as an NBFC P2P.

Which of the statements given above is/are correct?

Consider the following statements with reference to National Bank for Financing Infrastructure and Development (NaBFID):

1. It’s a statutory body to develop long-term infrastructure financing in India.

2. It can accept deposits from the people in order to raise funds for the projects.

3. It is not permitted to raise funds in foreign currency.

4. Its shares are not allowed to be owned by sovereign wealth funds.

Which of the statements given above is/are correct?

Consider the following statements with reference to Reserve Bank - Integrated Ombudsman Scheme, 2021(RB-IOS):

 1. The ombudsman's decision is deemed final, and there is no mechanism for appealing against its orders.

2. The scheme does not apply to the non-scheduled primary co-operative banks.

Which of the statements given above is/are correct?

Consider the following statements with reference to the criteria of ‘on tap’ Licensing of Universal Banks scheme:

1. Existing non-banking financial companies are not allowed to apply for universal banking licenses.

2. Foreign shareholding in the bank is not permitted.

Which of the statements given above is/are correct?

Consider the following statements with reference to Non-Banking Financial Companies (NBFC) in India:

1. Registration and regulation of all categories NBFCs fall under the purview of the Reserve Bank of India (RBI).

2. No NBFC in India is permitted to accept deposits from the public.

Which of the statements given above are correct?