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Question 1 of 5
1. Question
1 pointsThe Government of India Act, 1935 provided for which of the following given below?
1. Provincial autonomy
2. Establishment of a Federal court
3. All India Federation at the centre
Select the correct answer using the codes given belowCorrect
It provided for the establishment of an All-India Federation consisting of provinces and princely states as units. It abolished dyarchy in the provinces and introduced ‘provincial autonomy’ in its place. It provided for the establishment of a Federal Court, which was set up in 1937.
Incorrect
It provided for the establishment of an All-India Federation consisting of provinces and princely states as units. It abolished dyarchy in the provinces and introduced ‘provincial autonomy’ in its place. It provided for the establishment of a Federal Court, which was set up in 1937.
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Question 2 of 5
2. Question
1 pointsConsider the following
1. The British Indian Association
2. The Bombay Association
3. East India Association, London
4. Poona Sarvojanik Sabha
Arrange the organization give above in the correct chronological order in which they were formed?Correct
The British Indian Association – 1851
The Bombay Association — 1852
East India Association 1866
Madras Native Association 1852
Poona Sarvojanik Sabha—1870
The Madras Mahajana Sabha—1884Incorrect
The British Indian Association – 1851
The Bombay Association — 1852
East India Association 1866
Madras Native Association 1852
Poona Sarvojanik Sabha—1870
The Madras Mahajana Sabha—1884 -
Question 3 of 5
3. Question
1 pointsConsider the following statements regarding August Offer, 1940
1. It laid down the dominion status as the objective for India.
2. It recognized the right of the Indians to frame a Constitution for the first time.
Which of the statements given above is/are correct?Correct
Both the statements are correct.
Linlithgow announced the August Offer (August 1940) which proposed:
● dominion status as the objective for India; ● expansion of viceroy’s executive council which would have a majority of Indians (who would be drawn from major political parties);
● setting up of a constituent assembly after the war where mainly Indians would decide the constitution according to their social, economic and political conceptions, subject to fulfilment of the obligation of the government regarding defence, minority rights, treaties with States, all India services; and
● no future constitution to be adopted without the consent of minorities.
For the first time, the inherent right of Indians to frame their constitution was recognised and the Congress demand for a constituent assembly was conceded. Dominion status was explicitly offered.Incorrect
Both the statements are correct.
Linlithgow announced the August Offer (August 1940) which proposed:
● dominion status as the objective for India; ● expansion of viceroy’s executive council which would have a majority of Indians (who would be drawn from major political parties);
● setting up of a constituent assembly after the war where mainly Indians would decide the constitution according to their social, economic and political conceptions, subject to fulfilment of the obligation of the government regarding defence, minority rights, treaties with States, all India services; and
● no future constitution to be adopted without the consent of minorities.
For the first time, the inherent right of Indians to frame their constitution was recognised and the Congress demand for a constituent assembly was conceded. Dominion status was explicitly offered. -
Question 4 of 5
4. Question
1 pointsConsider the following statements regarding National Automated Clearing House (NACH)
1. It is the centralized web-based inter-bank payment/transaction processing system by National Payments Corporation of India.
2. It allows regular direct debit from a borrower’s bank account towards his loan repayments.
Which of the statements given above is/are correct?Correct
Both the statements are correct.
National Automated Clearing House (NACH) is the centralized web-based inter-bank payment/transaction processing system by the National Payments Corporation of India (NPCI).
NACH allows regular direct debit from a borrower’s bank account towards his loan repayments. This is directly credited to the lender’s bank account.Incorrect
Both the statements are correct.
National Automated Clearing House (NACH) is the centralized web-based inter-bank payment/transaction processing system by the National Payments Corporation of India (NPCI).
NACH allows regular direct debit from a borrower’s bank account towards his loan repayments. This is directly credited to the lender’s bank account. -
Question 5 of 5
5. Question
1 pointsWhich of the following statements is/are correct?
1. GDP measures the monetary value of intermediate goods and services.
2. GDP also measures the inequality in the economy.
Select the correct answer using the codes given belowCorrect
Both the statements are incorrect.
GDP measures the monetary value of final goods and services—that is, those that are bought by the final user—produced in a country in a given period of time (say a quarter or a year)”. It is important to note that GDP maps the “final” goods and services, not the intermediate ones.
GDP does not measure the inequality in the economy.Incorrect
Both the statements are incorrect.
GDP measures the monetary value of final goods and services—that is, those that are bought by the final user—produced in a country in a given period of time (say a quarter or a year)”. It is important to note that GDP maps the “final” goods and services, not the intermediate ones.
GDP does not measure the inequality in the economy.
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