Taxation – Taxation refers to compulsory or coercive money collection by a levying authority, usually a government. The term “taxation” applies to all types of involuntary levies, from income to capital gains to estate taxes.
Public expenditure – Public expenditure is spending made by the government of a country on collective needs and wants such as pension, provision, infrastructure, etc.
Public debt – Government debt (also known as public interest, national debt and sovereign debt) is the debt owed by a government.
Credit Rationing – Credit rationing is the limiting by lenders of the supply of additional credit to borrowers who demand funds, even if the latter are willing to pay higher interest rates.
Q2. Which of the following equation is/are INCORRECT?
NI = NDP + Net Foreign Income
GNP = GDP + Net Foreign Income
NDP = GNP – Depreciation
निम्नलिखित में से कौन सा/से समीकरण सही नहीं है/है?
The Comptroller and Auditor General (C&AG) of India is an authority, established by the Constitution under Constitution of India/Part V – Chapter V/Sub-part 7B/Article 148, which audits all receipts and expenditure of the Government of India and the state governments, including those of bodies and authorities substantially financed by the government.
His tenure 6 yrs or up to 65 yrs of age (whichever is earlier).
Q4. Who is the custodian of Contingency Fund of India?
भारत के आकस्मिकता निधि का सरंक्षक कौन है?
(a) The Prime Minister / प्रधानमंत्री
(b) Judge of Supreme Court / सर्वोच्च न्यायालय के न्यायधीश
The Contingency Fund of India established under Article 267 (1) of the Constitution is in the nature of an imprest (money maintained for a specific purpose) which is placed at the disposal of the President to enable him/her to make advances to meet urgent unforeseen expenditure, pending authorization by the Parliament.
“Warren Hastings (6 December 1732 – 22 August 1818), an English statesman, was the first Governor of the Presidency of Fort William (Bengal), the head of the Supreme Council of Bengal, and thereby the first de facto Governor-General of India from 1772 to 1785.
Q7. Which of the following planet is also known as ‘Earth’s twin’?
निम्नलिखित में से कौन से ग्रह को ‘पृथ्वी का जुड़वां’ भी कहा जाता है?
Venus is sometimes called Earth’s twin because Venus and Earth are almost the same size, have about the same mass (they weigh about the same), and have a very similar composition (are ,made of the same material). They are also neighbouring planets.
Q8. Which of the following imaginary lines join places with same level of rainfalls?
निम्नलिखित में से किस काल्पनिक रेखा के द्वारा समान वर्षा स्तर वाले स्थानों को जोड़ा जाता है?
Physiology – Physiology seeks to understand the mechanisms that work to keep the human body alive and functioning, through scientific enquiry into the nature of mechanical, physical, and biochemical functions of humans, their organs, and the cells of which they are composed.
Phrenology – Phrenology is a pseudo medicine primarily focused on measurements of the human skull, based on the concept that the brain is the organ of the mind, and that certain brain areas have localized, specific functions or modules.
Mycology – Mycology is the branch of biology concerned with the study of fungi, including their genetic and biochemical properties, their taxonomy and their use to humans as a source for tinder, medicine, food, and entheogens, as well as their dangers, such as toxicity or infection.
Biology – Biology is the natural science that involves the study of life and living organisms, including their physical and chemical structure, function, development and evolution.
Q10. Which of the following bacteria is responsible for the formation of curd?
निम्नलिखित में से कौन सा जीवाणु दही के गठन के लिए उत्तरदायी होता है?
When milk is heated to a temperature of 30-40 degrees centigrade and a small amount of old curd added to it, the lactobacillus in that curd sample gets activated and multiplies. These convert the lactose into lactic acid, which imparts the sour taste to curd.