Answer (a) In the securities market, underwriting involves determining the risk and price of a particular security. It is a process seen most commonly during initial public offerings, wherein investment banks first buy or underwrite the securities of the issuing entity and then sell them in the market.
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Answer (d)Industrial sector in Indian economy includes mining, manufacturing, construction, electricity, gas and water supply. However, the secondary sector is Industrial sector excluding mining.
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Answer(b) In 1993, the Government set up a committee under the chairmanship of RN Malhotra, former Governor of RBI, to propose recommendations for reforms in the insurance sector. Following the recommendations of the Malhotra Committee report, in 1999, the Insurance Regulatory and Development Authority (IRDA) was constituted as an autonomous body to regulate and develop the insurance industry.
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Answer(d) The concept of ‘basic structure’ came into existence in the landmark judgment in Kesavananda Bharati vs State of Kerala case (1973). The ‘basic structure’ doctrine has since been interpreted to include• The supremacy of the Constitution• The rule of law• Independence of the judiciary• Doctrine of separation of powers• Sovereign democratic republic• The parliamentary system of government• The principle of free and fair elections• Welfare state, etc A classic example of application of basic structure is the SR Bommai case (1994).where the Supreme Court upheld the dismissal of BJP governments by the President following the demolition of the Babri Masjid, invoking a threat to secularism by these governments.
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Answer (a) The Chairman or any other member of a Public Service Commission shall only be removed from his office by order of the President on the ground of misbehavior after the Supreme Court, on reference being made to it by the President, has, on inquiry held in accordance with the procedure prescribed in that behalf under article 145, reported that the Chairman or such other member, as the case may be, ought on any such ground to be removed.
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Answer(d) The Asian Infrastructure Investment Bank headquartered at Beijing is a multilateral development bank that aims to improve economic and social outcomes in Asia. The bank currently has 103 members as well as 21 prospective members from around the world.
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Answer(b)Kalidasa’s Sanskrit play ‘Malavikagnimitra’ is based on some events of the reign of Pushyamitra Shunga. The play tells the story of the love of Agnimitra, the Shunga Emperor at Vidisha.
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Answer (d) Lord Hardinge was the Viceroy of India in 1911 when the capital of British India was shifted from Calcutta to New Delhi. The Delhi Darbar was held to commemorate the coronation of King George V and Queen Mary as Emperor and Empress of India. The foundation of the new capital was laid On December 12, 1911, by King George V during the New Delhi durbar (a pompous royal ceremony). In the same Darbar, it was also declared the Partition of Bengal is canceled.
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Answer (c) Despite a difference in ideology, Bose was admired by Mahatma Gandhi and was called "Patriot of Patriots" by him.
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Answer(a) The villages are near the border with Bangladesh in East Khasi Hills district but the dam is proposed upstream in the adjoining West Jaintia Hills district. Stiff resistance from at least 12 villages in Meghalaya has cast a cloud on a 210 MW hydroelectric project on Umngot, considered India’s clearest river.
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Answer(d) Himalayas are young mountain, so forms youthful river and flowing through that so deep gorges and U turn river courses correct. This also led to the formation of parallel mountain ranges and causes land sliding and deep gradient due to continuous movement.
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Answer (a) It lies between 100 metres and 1000 metres. It contains about 18 percent of the total volume of water in the ocean. There is a steep fall in temperature in this zone. The density of water increases with increasing depth.
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Answer(c) The Atmospheric Remote-sensing Infrared Exoplanet Large-survey, is a space telescope planned for launch in 2029 as the fourth medium-class mission of the European Space Agency's Cosmic Vision programme. It is an ambitious mission to identify exoplanets.
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Answer (a) Viruses have only one type of nucleic acid either DNA or RNA whereas bacteria have got both.
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Answer(d) Singalila National Park is a national park of India located on the Singalila Ridge at an altitude of more than 7000 feet above sea level, in the Darjeeling district of West Bengal. It is well known for the trekking route to Sandakphu that runs through it.
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Answer (b) It is a polemic against the repressive actions of Indira Gandhi, former Prime Minister of India, during emergency, 1975-1977.
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