NEW! The Gist (JULY-24) | E-BOOKS
Sample Practice Paper for IAS (Pre.) 2014 "Test - 7"
Sample Practice Paper for IAS (Pre.) 2014" Test - 7"
Q1. Consider the following statements on
regards to Presidential Power.
1) President appoints the Prime Minister
and the other Minister & they hold office
during his pleasure.
2) President can appoint an inter-state
council to promote centre-state and
inter-state coperation.
Which statements given above is / are Correct.
A. 1 only
B. 2 only
C. Both 1 & 2
D. Neither 1 nor 2
Q2 . Consider the following statements.
1) Pocket Veto, that is, taking action on
the bill passed by the legislature.
2) Suspective Veto, which can be over
riden by the legislature with an
ordinary Majority.
3) Absolute Veto, that is, withholding of
assent to bill passed by the legislature.
Select the correct answer from the code given below
A. 1, 3 only
B. 1, 2 only
C. 1, 2, 3 only
D. 2, 3 only
Q3. Consider the following statements.
1) No Money Bill imposing tax shall be
introduced in the parliament expect on
the recommendation of the President.
2) The Railway Budget ws separated from
the general Budget in 1921 on the
recommendation of Ac worth
Committee.
3) The Rajya Sabha should refuse the
Money Bill to the Lok Sabha within
fourteen days.
Select the correct answer from the code given below.
A. 1 only
B. 2 only
C. 2, 3 only
D. All of the above
Q4. Consider the following statements.
1) The Parliament is not authorised to
curtail the jurisdiction and powers of
the Supreme Courts.
2) The retired judge of the Supreme Court
can be judge of Criminal Court.
3) The pension of the judges of the
Supreme Court are not charged on the
consolidated fund.
Which of the statement given above is / are correct.
A. 1, 2 only
B. 1 only
C. 1, 3 only
D. All of the above
Q5. Consider the following statements.
1) A candidate should have domicile of that
state where the contesting an election
for the Rajya Sabha.
2) A candidate sponsored by a recognised
political paryt only one proposer is
required in election.
3) Rajya Sabha uses the open ballot
system.
Which of the statements given above is / are correct.
A. 1 only
B. 2 & 3 only
C. 1 & 3 only
D. All of the above
Q.6 Consider the following statements.
1) Balwantray Mehta Committee was
appointed in 1957.
2) Ashok Mehta Committee submitted its
report in 1977.
3) L.M. Singhvi Committee submitted its
report in 1987.
4) G.V.K. Rao committee submitted its
report in 1986.
Which of the statement given above is / are correct.
A. 1, 2 & 3
B. 1, 2 & 4
C. 1, 3 & 4 only
D. 1 & 4
Q.7 Which of the following are true of the
provisions of the 74th Amendment Act on
Municipalities.
1) Ward Committees for wards with
population of two lakhs.
2) The state governor may authorise them
to levy collect and appropriate taxes.
3) The Municipal council for smaller urban
area.
4) The twelfth schedule contains 20
functional items for municipalities.
Which of the statements given above is /are correct.
A. 1, 3 & 4
B. 1, 2 & 4
C. 3 only
D. 3 & 4
Q8. A : Assertion : The UPSC’s function is not
to decide but to advice.
R : Reason : UPSC is a constitutional
body.
Select the correct code.
A. Both A and R are true is the correct Explanation
B. Both A and R true but R is not a correct explanation of A.
C. A is true but R is false
D. A is false but R is true
Q9. Which of the following Inter-state water disputes tribunals is not correct.
A. Krishna Water Disputes Tribunal (1969-1976).
B. Narmada Water Disputes Tribunal (1969-1979).
C. Tung Bhadra Water Dispute Tribunal (1979-1984).
D. Cauvery Water Disputes Tribunal (1990-2007)
Q.10 Consider the following statements about
RTI Act 2005:
1) Only a citizen of India can request for
information.
2) No fees will be charged from people
living below the poverty line for the
information.
3) Information should be provided by the
PIO within a time limit of 45 days from
the date of application.
Which of the statements given above is /are correct.
A. 1 & 2 only
B. 1 & 3 only
C. 2 & 3 only
D. All of the above
Q.11 Consider the following statements.
1) Nominal GDP refers to the current year
production of final goods & services
valued at current year.
2) Real GDP refers to the current year
production of goods & service valued at
base year prices.
3) In estimating GDP, only final
marketable goods & services are
considered.
Which of the above statements is / are true.
A. 1 & 2 only
B. 2 & 3 only
C. 1 & 3 only
D. 1, 2 & 3
Q.12 Consider the following statement about
UN Human Development index.
1) It was developed in 1990.
2) Pakistani economist Mahbub ul Haq
developed the HDI.
3) Life expectancy, literacy rate & GDP at
PPP in US Dollar are the three basic
dimension of HDI.
Which of the above statements is / are true
A. 1, 2 & 3
B. 2 & 3
C. 1 & 2
D. 1 & 3
Q.13 Consider the following statements about
indicative planning (in Indian Context).
1) It is characterised by an economy
where the private sector is given a
substantial role.
2) Indicative plan was adopted in 8th five
year plan.
Which of the above statements is / are true.
A. 1 only
B. Both 1 and 2
C. Neither 1 nor 2
D. 2 only
Q.14 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
Q.15 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 causes 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
Q.16 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
Q.17 Consider the following statements about Shariah index.
1) Shariah-based equity investments do
not allow investors to invest in heavily
indebted.
2) BSE launched its Shariah index in
December 2010.
3) New Shariah index (BSE) will 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
Q.18 Consider the following statements.
1) Constitution Amendment 115 is
related to GST.
2) Octroi is a main source of Income for
most of the local bodies in India.
A. 1 & 2
B. 1 only
C. 2 only
D. Neither 1 nor 2
Q19. Consider the following statements about
DTC Bill 2010.
1) The Bill will replace the Income Tax Act
1961 & the Wealth Tax Act 1957.
2) Companies will be taxed at 35% of
business income.
3) Non profit organisations are taxed at
25%.
4) The wealth tax exemption limit is
increased from 15 lack to 1 crore.
Which of the above statements is / are true
A. 1, 2, 3 & 4
B. 1 & 4
C. 2 & 3
D. 1 & 3
Q20. Consider the following statements about
national investment fund (NIF).
1) NIF CEO will be administratively
attached to the PMO.
2) 75% of the annual income of NIF will
be used in finance selected social
sector scheme.
Which of the above statements is / are true.
A. Both 1 & 2
B. 2 only
C. 1 only
D. Neither 1 nor 2
Q21. Consider the following statements.
1) Actual contributed equity plus retained
earnings is called Tier I capital.
2) NBFC (Non Banking Financial
Companies) are largely referred to as
shadow banking.
3) Rate at which banks lend to the best
customers is called SLR.
Which of the above statements is / are true.
A. 1, 2 & 3
B. 1 & 2
C. 1 & 3
D. 2 & 3
Q22. Consider the following statements.
1) SARFAESI (Securitization &
Reconstruction of Financial Assets &
enforcement of Security Interest Act
(2002) has given unprecedented powers
to banks, financial institutions & asset
reconstruction securitization
companies to take over management
control of a loan defaulter or even
capture its assets.
2) GARR (General Anti Avoidance rule) is
related to curb black money.
Which of the above statements is / are true
A. 1 only
B. 2 only
C. Neither 1 nor 2
D. Both 1 & 2
Q.23 Consider the following statements.
1) The idea to create this Super regulatory
body was first mooted by Raghu- Ram
Rajan & Deepak Parekh Committee.
2) This body is seen as an India's
initiative to be better prepared to
prevent recession in future.
3) Union Finance Minister will be the
chairperson of this body.
Above statements are related to which body
A. FRBM
B. GARR
C. FSDC
D. IRDA
Q.24 Consider the following statements about
Multidimensional Poverty index.
1) The MPI was created for the 20th
Anniversary edition of the UNDP
Human Development Report & uses
different factors to determine poverty
beyond income based estimation.
2) MPI has three dimension, health,
eduction & standard of living.
3) According to MPI 55% of Indians are
poor.
Which of the above statements is / are true.
A. All of the above
B. 1 only
C. 1 & 2
D. 2 & 3
Q.25 Consider the following statements about
Global innovation index.
1) Global innovation index is a barometer
of the countries, wealth, knowledge &
competitiveness.
2) The methodology involves rating the
countries on 5 inputs.
3) European Institute for Business
Administration & confederation of
Indian Industry made the innovation
index.
4) In the 2011 GII report, India is ranked
62.
Which of the above statements is / are true.
A. 2 & 3
B. 1 & 2
C. 1 & 3D. All the above
ont-variant: norm