Who among the following is the ex-officio Chairman of NITI Aayog (formerly known as the Planning Commission)?
(A) Prime Minister
(B) President
(C) Lok Sabha Speaker
(D) Vice-President
The correct answer is Prime Minister. Prime Minister is the ex-officio chairman of the NITI Aayog in India.
How many types of writs are there in the constitution of India?
(A) 3
(B) 2
(C) 6
(D) 5
There are five types of Writs which are Habeas Corpus, Mandamus, Certiorari, Quo Warranto and Prohibition and all these writs are an effective method of enforcing the rights of the people and to compel the authorities to fulfil the duties which are bound to perform under the law.
Which trains have been announced by the Union Railway Minister Ashwini Vaishnav to see the cultural heritage of the country?
(A) naman milan train
(B) Akhil Gaurav Train
(C) Bharat Milan Train
(D) Vande Bharat Train
Railway Minister Ashwini Vaishnaw visited the Integral Coach Factory and inspected the manufacturing of Vande Bharat trains at the facility here. On a brief visit to the city, Vaishnaw, accompanied by senior officials of the ICF, took stock of the production of the latest new-generation high-speed trains and went around the sprawling campus. "Inspected Vande Bharat train production at ICF, Chennai," he said and shared images of his visit to the factory in a social media post. Later, the Minister interacted with the officials and staff at the ICF and also took photographs with them.
The Union Cabinet has approved the extension of Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) for which period?
(A) July 2022
(B) January 2022
(C) May 2022
(D) March 2022
Centre extends Pradhan Mantri Garib Kalyan Ann Yojana (PMGKAY) for another three months (October 2022-December 2022)
How many Fundamental Duties are stipulated in the Constitution of India?
(A) 10
(B) 9
(C) 6
(D) 11
By the 42nd Constitutional Amendment in 1976, 10 Fundamental Duties were added to Part IV. In 2002, one more Fundamental Duty was added by the 86th Constitutional Amendment. Ans. Total 11 fundamental duties in the Indian Constitution.
Amartya Sen was awarded the Noble Prize for his contribution to–
(A) Monetary Economics
(B) Welfare Economics
(C) Econometrics
(D) Development Economics
Explain: -For Welfare Economics and Social Choice Theory, Amartya Sen, in 1998 was awarded the Noble Prize. Welfare economics is a branch of economics that uses microeconomic techniques to evaluate well-being (welfare) at the aggregate (economy-wide) level. ... The field of welfare economics is associated with two fundamental theorems.
Labour Intensive Technique would get chosen in a–
(A) Labour Surplus Economy
(B) Capital Surplus Economy
(C) Developed Economy
(D) Developing Economy
Expl:- Labour Intensive Technique will be chosen in Labour Surplus Economy because in such economy labour cost is low.
The Surplus earned by a factor other thus land in the short period is referred as –
(A) Economic Rent
(B) Net Rent
(C) Quasi-Rent
(D) Super-Normal Rent
Explain: -The Surplus earned by a factor other than land in the short period is referred as quasi-rent.
The Relationship between rate of interest and consumption level was firstly estimated by–
(A) Amartya Sen
(B) Milton Freedman
(C) Irwing Fischer
(D) James Duezan Berry
Explain: -With increase in rate of interest there is decrease in consumption level i.e. there is inverse relation between rate of interest and consumption level.
Due to worldwide great depression, ‘New Deal’ was declared by?
(A) Abhraham Lincon
(B) Benzamin Frankllin
(C) J.F. Kennedy
(D) Roozwelt
Explain: -New Deal definition. A group of government programs and policies established under President Franklin D. Roosevelt in the 1930s; the New Deal was designed to improve conditions for persons suffering in the Great Depression.
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