Select the formal sources of credit from the given sources and choose the correct option.
a.
Only I and II
b.
Only II and III
c.
Only I and III
Correct Answer
d.
Only I and IV
Step-by-Step AI Explanation
Verified Method
Formal sources of credit are those regulated by the Reserve Bank of India (RBI), such as banks and cooperatives. Moneylenders and businessmen are informal sources as they are not regulated. Therefore, I and III are correct.
Q1mcq1 mark
Select the formal sources of credit from the given sources and choose the correct option.
I. Bank
II. Moneylender
III. Cooperatives
IV. Businessman
a.
Only I and II
b.
Only II and III
c.
Only I and III
Correct Answer
d.
Only I and IV
Step-by-Step AI Explanation
Verified Method
Banks (I) and Cooperatives (III) function under the supervision of the Reserve Bank of India, making them formal sources. Moneylenders (II) and Businessmen (IV) are informal sources because they operate without official regulation.
Q2mcq1 mark
Which of the following sectors has the highest share in employment in India?
a.
Primary
Correct Answer
b.
Secondary
c.
Tertiary
d.
Quaternary
Step-by-Step AI Explanation
Verified Method
The primary sector, which includes agriculture and allied activities, continues to employ the largest portion of the Indian workforce, although its contribution to GDP is lower than that of the tertiary sector.
Q3mcq1 mark
Which one of the following is included in ‘liberalization’ ?
a.
Promoting trade barriers
b.
Removing trade barriers
Correct Answer
c.
Controlling the other country through trade
d.
Increasing import, export duty on goods
Step-by-Step AI Explanation
Verified Method
Liberalization refers to the process of removing restrictions or barriers set by the government on trade, making it easier for companies to import and export goods, thereby encouraging foreign trade and investment.
Q4mcq1 mark
Two statements are given below. They are Assertion (A) and Reason (R). Read both the statements and choose the correct option.
Assertion (A) : Rural poor families are still dependent on informal sources of credit.
Reason (R) : For obtaining loan from banks, collateral and special documents are required.
a.
Both (A) and (R) are true and (R) is the correct explanation of (A).
Correct Answer
b.
Both (A) and (R) are true, but (R) is not the correct explanation of (A).
c.
(A) is true, but (R) is false.
d.
(A) is false, but (R) is true.
Step-by-Step AI Explanation
Verified Method
Rural poor families often lack the collateral and formal documentation required by banks. Consequently, they are forced to rely on informal sources like moneylenders, despite higher interest rates. Both statements are true and the reason explains the assertion.
Q5mcq1 mark
In one of the small villages, a farmer borrows money from the village moneylender at a high monthly interest rate but is not able to repay it back. Next, he borrows it from a bank at a lower interest rate. Gradually he earns and pays back the loan to the moneylender and the bank. Which of the following best describes the role of the bank in this credit situation ?
a.
The bank acts as a cooperative lender.
b.
The bank facilitates a debt-trap situation.
c.
The bank ensures a fair exchange of goods.
d.
The bank saves the farmer from debt-trap.
Correct Answer
Step-by-Step AI Explanation
Verified Method
The moneylender's high-interest rate creates a 'debt-trap' where the borrower cannot escape the cycle of debt. The bank's lower interest rate provides a way out, allowing the farmer to repay the debt and avoid the trap, demonstrating the positive role of formal banking.
Q6mcq1 mark
Two statements, I and II are given below. Read both the statements and choose the correct option. Statement I: Women are now actively contributing to various professions including roles as doctors, engineers, lawyers, managers and university teachers. Statement II: Political expression of gender division and political mobilization helped to improve women’s role in public life.
a.
Statement I is true, but II is false.
b.
Statement I is false, but II is true.
c.
Statements I and II are true and II is the correct explanation of I.
d.
Statements I and II are true, but II is not the correct explanation of I.
Correct Answer
Step-by-Step AI Explanation
Verified Method
Both statements are factually true. Statement I describes the progress in women's professional participation, and Statement II explains how political mobilization impacts public life. However, Statement II is not the direct causal explanation for the existence of the professions mentioned in Statement I.
Q7mcq1 mark
Which one of the following is a scheduled language as per the Constitution of India?
a.
Bhojpuri
b.
Garhwali
c.
Nepali
Correct Answer
d.
Rajasthani
Step-by-Step AI Explanation
Verified Method
The Eighth Schedule of the Indian Constitution lists 22 scheduled languages. Among the options provided, Nepali is one of the recognized scheduled languages, whereas Bhojpuri, Garhwali, and Rajasthani are not.
Q8mcq1 mark
Two statements are given below. They are Assertion (A) and Reason (R). Read both the statements and choose the correct option. Assertion (A): Multi-party system has been adopted in India. Reason (R): It is capable of accommodating all the social and geographical differences in India.
a.
Both (A) and (R) are true and (R) is the correct explanation of (A).
Correct Answer
b.
Both (A) and (R) are true, but (R) is not the correct explanation of (A).
c.
(A) is true, but (R) is false.
d.
(A) is false, but (R) is true.
Step-by-Step AI Explanation
Verified Method
Assertion (A) is true because India has adopted a multi-party system due to the vast diversity of the country. Reason (R) is also true and is the correct explanation because no single party can adequately represent the interests of such a diverse population; hence, a multi-party system allows various social and regional groups to participate in the democratic process.
Q9mcq1 mark
Which one of the following steps has been taken by the Election Commission of India to reform political parties?
a.
Amended the Constitution to prevent defection.
b.
Candidates will have to give the details of criminal cases on affidavit.
c.
Candidates will have to give details of their property on affidavit.
d.
It has been made mandatory for all parties to conduct organizational elections and file income tax returns.
Correct Answer
Step-by-Step AI Explanation
Verified Method
The Election Commission of India passed an order making it mandatory for all political parties to hold their organizational elections and file their income tax returns to ensure transparency. Option A is incorrect as the Anti-defection law was passed by Parliament, not the Election Commission. Options B and C are orders by the Supreme Court, not the Election Commission.
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Read the following provisions regarding Secularism in the Indian Constitution and choose the correct option. I. The Indian State has not adopted any religion as its official religion. II. The Constitution gives freedom to all the citizens to practice and propagate any religion. III. The Constitution declares any kind of discrimination done on the basis of religion to be legal. IV. It gives the government the right to intervene in religious matters for ensuring equality within religious communities.
a.
Only I, II and III are true.
b.
Only I, II and IV are true.
c.
Only I, III and IV are true.
d.
Only II, III and IV are true.
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Two statements, I and II are given below. Read both the statements and choose the correct option.
Statement I : Division of power is good for democratic systems.
Statement II : It helps to reduce the possibility of conflict between social groups.
a.
Statement I is true, but II is false.
b.
Statement I is false, but II is true.
c.
Statements I and II are true and II is the correct explanation of I.
d.
Statements I and II are true, but II is not the correct explanation of I.
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Choose the correct option to fill in the blank. In the beginning of the 19th century, _________ a girl married in a very orthodox household wrote an autobiography called ‘Amar Jiban’.
a.
Pandita Ramabai
b.
Rashsundari Devi
c.
Tarabai Shinde
d.
Kailashbashini Debi
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Arrange the following events in chronological order and choose the correct option. I. Formation of Khilafat Committee in Bombay II. Jallianwala Bagh Massacre III. Bardoli Satyagraha IV. Withdrawal of Non-Cooperation Movement
a.
I, II, III, IV
b.
II, I, IV, III
c.
I, II, IV, III
d.
III, IV, II, I
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Which one of the following religions emerged from eastern India and spread in several directions through intersecting points on the ‘silk routes’ ?
a.
Hinduism
b.
Christianity
c.
Buddhism
d.
Jainism
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Explain the measures introduced by the French revolutionaries to create a sense of collective identity amongst the people during the French Revolution.
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Two places ‘A’ and ‘B’ have been marked on the given political outline map of India. Identify them with the help of the following information and write their correct names on the lines drawn near them: A. The place where the session of Indian National Congress was held in 1920. B. The place where Gandhiji broke the salt law.
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On the same political outline map of India, locate and label any three of the following with suitable symbols: (i) Bailadila – Iron ore Mines (ii) Namrup – Thermal Power Plant (iii) Kandla – Major Sea Port (iv) Meenam Bakkam – International Airport
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