Daily Questions Challenge for IAS PRE (CSAT) Exam (04 August 2015)

Write and Discuss Your Answer with Q.No in Comment Box at the Bottom of Post.

1. In 1944 leading businessmen & industrialist (JRD Tata, GD Birla etc.) put forward a plan of Economic Development for India in the name of

(a) Bombay Plan
(b) Janshree Plan
(c) Sarvoday Plan
(d) None of these

2. Consider the following statements.

1) The money printed by the RBI is called high powered money or reserve money.
2) Australia was the first country to enact a fiscal responsibility Act in 1994.
3) FRBM Act (India) was notified in 2004.
4) Fiscal deficits may cause macro economic instability.

Which of the above statements is / are true

(a) 1 & 2
(b) 2, 3, 4
(c) 1, 3 & 4
(d) 1, 2, 3 & 4

3.Consider the following statements.

1) SLR & CRR are not the part of monetary policy.
2) CRR is adjusted to manage liquidity & inflation.
3) A purchase of government securities injects money in the market.

Which of the options are incorrect:

(a) 2 & 3
(b) 1, 2 & 3
(c) 1 & 3
(d) 3 only

4. Consider the following statements about Shariah Index.

1) Shariah based equity investments do not allow investors to invest in heavily companies
2) BSE launched its Shariah Index in December 2010.
3) New Shariah index (BSE) will be known as BSE Tasis Shariah - 50 Index.

Which of the above statements is / are true.

(a) 1 & 2
(b) 2 & 3
(c) 1, 2 & 3
(d) 2 only

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:: CSAT (Paper -2) ::

1.

Statement: I. All flowers are stems.
II. All stems are roots.

Conclusions I. All roots are flowers.
II. All stems are flowers.

(a) If only conclusion I follows
(b) If only conclusion II follows
(c) If neither I nor II follows
(d) If both I and II follow

2.

Statement: I. All pens are cycles.
II. All pigs are cycles.

Conclusions I. All cycles are pens.
II. All pigs are pens.

(a) If only conclusion I follows
(b) If only conclusion II follows
(c) If neither I nor II follows
(d) If both I and II follow

3.

Statement: I. Some fools are intelligent.
II. Some intelligent are great.

Conclusions I. Some fools are great.
II. No great is fool.

(a) If only conclusion I follows
(b) If only conclusion II follows
(c) If neither I nor II follows
(d) If both I and II follow

4.

Statement: I. Some visitors are Indians.
II. Some visitors are Americans.

Conclusions I. Some Indians are visitors.
II. All Indians are visitors.

(a) If only conclusion I follows
(b) If only conclusion II follows
(c) If neither I nor II follows
(d) If both I and II follow

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