Quiz Of the Day


1.  Which of the following statement is not correct regarding the Reserve Bank of India’s (RBI’s) monetary policy committee? .

     RBI Act prohibits appointing any Member of Parliament or Legislature or public servant to the Monetary Policy Committee
     The Monetary Policy Committee takes decisions based on consensus
     Monetary Policy Committee is constituted under the Reserve Bank of India Act, 1934
     Members of Monetary Policy Committee also includes nominees appointed by the central government


2.  Goods & Services Tax (GST) council makes recommendations to the Union and the states on which of the following subjects?
1) The principles that govern the place of supply.
2) Apportionment of Goods and Services Tax levied on supplies in the course of inter-State trade or commerce.
3) The goods and services that may be subjected to, or exempted from the goods and services tax.
Select the correct answer using the codes given below

     1 and 2 only
     2 only
     2 and 3 only
     1, 2 and 3


3.  Consider the following statements regarding the hidden hunger:
1) Night blindness due to vitamin A deficiency and goiter from inadequate iodine intake are clinical signs of hidden hunger.
2) Hidden hunger can curtail socioeconomic development, particularly in low- and middle-income countries.
Which of the statements given above is/are correct?

     1 Only
     2 Only
     Both 1 and 2
     Neither 1 nor 2


4.  Consider the following statements regarding the proposed National Research Foundation (NRF):
1) It will establish high-intensity thematic research labs in areas of science.
2) NRF will fund research projects through grants.
3) NRF will be an apex body formed under the chairmanship of Principal Scientific Advisor to the government of India.
Which of the statements given above is/are correct?

     1 and 2 only
     2 only
     2 and 3 only
     1, 2 and 3


5.  Consider the following statements regarding the powers of the governor:
1) If the Chief Minister and his Council of Ministers lose their majority, or there is a reasonable doubt about their majority, the Governor could demand a session.
2) Governor’s power under Article 174 to summon, prorogue and dissolve the house(s) is a discretionary power.
Which of the statements given above is/are correct?

     1 Only
     2 Only
     Both 1 and 2
     Neither 1 nor 2