Which of the following is a key factor in India’s increasing role in global supply chains? a) Low labor costs b) High domestic demand c) Geographical location d) Strong export policies Answer: a) Low labor costs India is one of the world’s largest suppliers of which of the following products? …
Introduction The Securities and Exchange Board of India (SEBI) is the regulatory authority responsible for overseeing the securities and capital markets in India. Established in 1988 and given statutory powers through the SEBI Act, 1992, SEBI plays a pivotal role in maintaining the integrity, transparency, and efficiency of India’s financial …
What is the primary function of the Securities and Exchange Board of India (SEBI)?a) Regulation of banking institutions b) Supervision of non-banking financial companies c) Regulation of stock exchanges and securities markets d) Control of monetary policyAnswer: c) Regulation of stock exchanges and securities markets Which of the following is …
Introduction The COVID-19 pandemic, which spread across the globe in early 2020, left a profound impact on countries’ economies, and India was no exception. The country, already facing significant socio-economic challenges, was thrust into an unprecedented economic crisis due to a combination of factors including widespread lockdowns, supply chain disruptions, …
1. What was the main objective of the Atmanirbhar Bharat Abhiyan announced in May 2020? A) To boost the export sector B) To promote self-reliance in the economy C) To reduce the fiscal deficit D) To attract foreign investment Answer: B) To promote self-reliance in the economy 2. Which of …
Introduction India’s foreign policy has been shaped by its historical experiences, geographical realities, and economic aspirations. Over the decades, India’s diplomatic approach has evolved, particularly in the face of a rapidly changing global order. As the world becomes more interconnected and complex, India’s foreign policy strategies have had to adapt, …
1. Who was the first Prime Minister of India to visit the United States? a) Jawaharlal Nehru b) Indira Gandhi c) Rajiv Gandhi d) Atal Bihari Vajpayee Answer: a) Jawaharlal Nehru 2. Which policy framework has guided India’s foreign policy since independence? a) Non-alignment b) Isolationism c) Aggressive Diplomacy d) …
Introduction The COVID-19 pandemic has had an unprecedented impact on global public health systems, exposing both the strengths and weaknesses of healthcare infrastructures around the world. For India, with its vast population and diverse socio-economic landscape, the pandemic served as a stark reminder of the critical gaps in its healthcare …
1. What was one of the major challenges in India’s healthcare system exposed by the COVID-19 pandemic? A) Lack of health insurance policies B) Insufficient hospital beds and ICU facilities C) Overuse of telemedicine D) Low prevalence of communicable diseases Answer: B 2. What percentage of India’s GDP was allocated …
Introduction India, as a vibrant democracy and a fast-growing economy, requires a dynamic and forward-looking policy-making institution to address its developmental challenges. The National Institution for Transforming India (NITI) Aayog, established on January 1, 2015, replaced the Planning Commission, marking a paradigm shift in India’s governance and planning framework. It …
What does NITI in NITI Aayog stand for? (A) National Institution for Transforming India (B) National Investment and Trade Initiative (C) New Innovation and Technology Initiative (D) None of the above Answer: (A) When was NITI Aayog established? (A) January 26, 2014 (B) January 1, 2015 (C) August 15, 2014 …
Introduction The Goods and Services Tax (GST) in India, implemented on July 1, 2017, marks a significant overhaul of the indirect taxation system. Touted as a “One Nation, One Tax” system, GST subsumed multiple cascading taxes into a unified framework. Its primary goal was to simplify the tax structure, eliminate …
What does GST stand for? a) Goods and Service Tax b) General Sales Tax c) Government Service Tax d) Gross Sales Tax Answer: a) Goods and Service Tax When was GST implemented in India? a) 1st July 2015 b) 1st July 2017 c) 1st April 2016 d) 1st January 2018 …
Introduction India and Pakistan, two nations born out of the same historical and cultural matrix, have shared a tumultuous relationship since their independence in 1947. While their shared history is marked by cultural and linguistic similarities, their post-independence trajectory has been dominated by hostility, suspicion, and sporadic attempts at peace. …
1. Historical Context Which year did India and Pakistan gain independence? a) 1947 b) 1950 c) 1945 d) 1951 Answer: a) 1947 The Instrument of Accession was signed between India and the ruler of which princely state? a) Junagadh b) Hyderabad c) Kashmir d) Balochistan Answer: c) Kashmir What was …
Introduction On November 8, 2016, Prime Minister Narendra Modi announced a radical economic decision that would send shockwaves through India’s financial ecosystem – the demonetization of ₹500 and ₹1,000 currency notes. The government’s objective was to combat black money, counterfeit currency, and corruption while promoting a digital economy and formalizing …
1. What was the main objective of India’s demonetization policy announced in November 2016? A) To increase tax revenue B) To curb black money C) To boost foreign direct investment D) To reduce inflation Answer: B) To curb black money 2. Which currency notes were demonetized in India on November …
Introduction In 2014, Prime Minister Narendra Modi launched the Make in India initiative with the vision of transforming India into a global manufacturing hub. The core objective of this initiative was to boost the domestic manufacturing sector, create jobs, attract foreign investment, and make India a key player in the …
1. What was the primary objective of the ‘Make in India’ initiative launched in 2014? a) To promote tourism b) To boost manufacturing in India c) To attract foreign tourists d) To improve agricultural production Answer: b) To boost manufacturing in India 2. Who was the Prime Minister of India …
Introduction In the 21st century, the global demand for energy has risen exponentially, and India, with its burgeoning population and rapid economic growth, has emerged as one of the largest consumers of energy in the world. In the face of this growing demand, coupled with the imperative to combat climate …
What is the target for India’s renewable energy capacity by 2030? a) 100 GW b) 175 GW c) 500 GW d) 450 GW Answer: d) 450 GW Which renewable energy source contributes the most to India’s energy mix? a) Solar b) Wind c) Hydropower d) Biomass Answer: a) Solar Which …