Daily Questions Challenge for IAS PRE (CSAT) Exam (20 May 2015)


Daily Questions Challenge for IAS PRE (CSAT) Exam (20 May 2015)

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


1. Under which of the following circumstances may ‘capital gains’ arise?

1. When there is an increase in the sales of a product
2. When there is a. natural increase in the value of the property owned
3. When you purchase a painting and there is a growth in its value due to increase in its popularity

Select the correct answer using the codes given below:

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

2. Which of the following measures would result in an increase in the money supply in the economy?

1. Purchase of government securities from the public by the Central Bank
2. Deposit of currency in commercial banks by the public
3. Borrowing by the government from the Central Bank
4. Sale of government securities to the public by the Central Bank

Select the correct answer using the codes given below:

(a) 1 only
(b) 2 and 4 only
(c) 1 and 3 (d) 2, 3 and 4

3. Which of the following would include Foreign Direct Investment in India?

1. Subsidiaries of companies in India
2. Majority foreign equity holding in Indian companies
3. Companies exclusively financed by foreign companies
4. Portfolio investment

Select the correct answer using the codes given below:

(a) 1, 2, 3 and 4
(b) 2 and 4 only
(c) 1 and 3 only
(d) 1, 2 and 3 only

4. Consider the following statements:

The price of any currency in international market is decided by the

1. World Bank
2. demand for goods/services provided by the country concerned
3. stability of the government of the concerned country
4. economic potential of the country in question

Which of the statements given above are correct?

(a) 1, 2, 3 and 4
(b) 2 and 3 only
(c) 3 and 4 only
(d) 1 and 4 only

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:: CSAT (Paper -2) ::


Directions :- The following items are based on three passage in English to test the comprehension of English language. Read passage and answer the items that follows-

A stout old lady was walking with her basket down the middle of a street in Petrograd to the great confusion of the traffic and no small peril to herself. It was pointed out to her that the pavement was the place for foot-passengers, but she replied, “I’m going to walk where I like. We’ve got liberty now.” It did not occur to the dear lady that if liberty entitled the foot-passenger to walk down the middle of the road it also entitled the taxi-driver to drive on the pavement, and that the end of such liberty would be universal chaos. Everything would be getting in everybody else’s way and nobody would get anywhere. Individual liberty would have become social anarchy.

1. It was pointed out to the lady that “he should walk on the pavement because she was-

(a) a pedestrian
(b) carrying a basket
(c) stout
(d) an old lady

2. The lady refused to move from the middle of the street because—

(a) she was not afraid of being killed
(b) she felt that she is entitled to do whatever she liked
(c) she did not like walking on the pavement
(d) she was confused

3. The old lady failed to realise that-

(a) she was not really free
(b) her liberty was not unlimited
(c) she was an old person
(d) roads are made for motor vehicles only

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

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