1. On which among the following dates, Army Day is observed?
[A] January 15
[B] February 15
[C] March 15
[D] April 15
Show Answer
Correct Answer: A [January 15]
Notes:
The Indian Army Day is celebrated on 15 January every year in India. It is celebrated in recognition of Lieutenant General K. M. Cariappa who took over as the first Commander-in-Chief of the Indian Army from General Sir Francis Butcher, the last British Commander-in-Chief of India, on January 15, 1949.
2. On which of the following dates International Literacy Day is observed every year?
[A] October 7
[B] October 8
[C] September 8
[D] November 3
Show Answer
Correct Answer: C [September 8]
Notes:
International Literacy Day is observed annually on September 8. Established by UNESCO in 1966, this day aims to raise awareness about the importance of literacy for individuals and communities. The date was chosen to highlight the significance of literacy as a fundamental human right and a key to sustainable development.
3. What is the name of the Upper House of the European Union?
[A] European Parliament
[B] Council of the European Union
[C] European Assembly
[D] General Council of Europe
Show Answer
Correct Answer: B [Council of the European Union]
Notes:
The name of the upper house of the European union is Council of the European Union. It is composed of twenty-eight national ministers (one per state).
4. In which date the IT department observes the Income Tax Day ?
[A] July 1
[B] July 24
[C] July 25
[D] July 30
Show Answer
Correct Answer: B [July 24]
Notes:
The Income Tax Department of India observes Income Tax Day on July 24 each year. This date commemorates the introduction of the Income Tax Act in India in 1961. The day aims to promote awareness about tax compliance and the importance of tax revenue in nation-building.
5. Flexible Credit Line (FCL) is related to which of the following organizations?
[A] World Economic Forum (WEF)
[B] International Monetary Fund (IMF)
[C] Asian Development Bank (ADB)
[D] World Bank (WB)
Show Answer
Correct Answer: B [International Monetary Fund (IMF)]
Notes:
Flexible Credit Line (FCL) is a lending scheme of the International Monetary Fund (IMF). The FCL was created in 2009 after the 2007 Financial Crisis. It was designed to meet the demand for crisis prevention and crisis mitigation lending for countries with strong policy frameworks and track records in economic performance. The FCL is useful for both crisis prevention and crisis resolution.
The FCL is a precautionary credit line that lasts one or two years. The repayment period is the same as for the Stand by Arrangement (SBA). Only Mexico, Colombia, and Poland have subscribed to the FCL.
6. Who is the author of the book “Equilibrium Unemployment Theory”?
[A] Christopher A. Pissarides
[B] Dale T. Mortensen
[C] Peter A. Diamond
[D] Oliver Williamson
Show Answer
Correct Answer: A [Christopher A. Pissarides]
Notes:
The book “Equilibrium Unemployment Theory” is authored by Christopher A. Pissarides. It is a comprehensive work that focuses on unemployment dynamics, job creation, and job destruction. The author introduces the theory of equilibrium unemployment – a framework which has been highly influential in the economics field. Additionally, Pissarides’s work in the search and matching theory of frictional unemployment, along with his contribution to the book has earned him a share of the 2010 Nobel Memorial Prize in Economic Sciences.
7. Which among the following is the correct set of G4 nations?
[A] India, Brazil, Russia, China
[B] India, Brazil, China, Japan
[C] India, Brazil, Russia, Germany
[D] India, Brazil, Germany, Japan
Show Answer
Correct Answer: D [India, Brazil, Germany, Japan]
Notes:
The g4 countries are India, Brazil, Germany, Japan. They together are fighting for a permanent seat in the UN security council.
8. Which among the following countries make G-4?
[A] India, South Korea, Brazil and South America
[B] India, Russia, Brazil and South America
[C] India, Russia, Japan and Brazil
[D] India, Japan, Germany and Brazil
Show Answer
Correct Answer: D [India, Japan, Germany and Brazil]
Notes:
India, Japan, Germany and Brazil are the G4 countries. They are presenting a united front for the permanent seat in the UNSC.
9. Who is the author/writer of ‘Thithurta Hua Ganatantra’?
[A] Pandit Makhanlal Chaturvedi
[B] Harishankar Parsai
[C] Maithili Sharan Gupt
[D] Rahat Indori
Show Answer
Correct Answer: B [Harishankar Parsai ]
Notes:
Harishankar parsai was a Hindi writer. He was a noted satirist and humorist of modern Hindi literature and is known for his simple and direct style.
10. Who among the following was the author of Nuh Sipihr?
[A] Abul Fazal
[B] Gulbadan Begum
[C] Inayat Khan
[D] Amir Khusrau
Show Answer
Correct Answer: D [Amir Khusrau]
Notes:
The famous Sufi poet, Amir Khusrau wrote a masnavi on the Tughlaq dynasty ruler, Mubarak Shah as “Nuh Sipihr” (Nine Skies), relating the events of Mubarak Shah’s rule. Excerpts of the works done by him are Tughluq Nama, Wast-ul-Hayat, Ashiqa, Khamsa, Baqia-Naqia, etc. He was the court poet of Alauddin Khilji and a spiritual disciple of Nizamuddin Auliya, Delhi.
