State PCS General Studies Quiz 05.08.2020

Consider the following statements regarding the types of economic systems:

1. The capitalist economy believes in the principle of laissez-faire and free and fair competition through market forces.

2. The socialist economy chooses what goods are to be produced according to the needs of society.

3. In the Mixed economy, the government will provide essential goods and services which the market fails to deliver.

Which of the following statement is/are correct?

In her budget speech, Finance minister, Nirmala Sitharaman has highlighted that several ailing companies and businesses were provided with an exit through Insolvency and Bankruptcy Code Act. Keeping IBC in mind, consider the following statements:

1) Legally, a firm or individual, both, could be declared bankrupt, when they are unable to meet their debt obligations.

2) Both debtor and creditor can initiate the insolvency resolution process (IRP).

3) The National Company Law Tribunal is the adjudicating authority for the insolvency resolution process of companies.

Which among the following statements given above is/are correct?

Which of the following statements is NOT correct regarding puppetry in India?

Given below are two statements, one is labelled as Assertion (A) and the other as Reason(R):

Assertion (A): The Congress Ministries in all the provinces resigned in the year 1939.

Reason (R): The Congress did not accept the decision of the Viceroy to declare war against Germany in the context of the Second World War.

Select the correct answer using the codes given below:

Which of the following diseases have developed or are developing resistance at a fast rate to the drugs that are currently available?

1) Tuberculosis

2) Malaria

3) Gonorrhoeae

Select the correct answer using the codes given below:

Consider the following statements regarding term of the Governor’s office:

1) Governor shall hold office for a term of five years from the date on which he enters upon his office.

2) Governor has fixed term of office but no security of the tenure.

Which of the above statements is/are correct?

Match the following

Committees

1. Union Powers Committee

2. Provincial Constitution Committee

3. Drafting Committee

4. Rules of Procedure Committee

Leaders

a) Dr Rajendra Prasad

b) Jawaharlal Nehru

c) B.R. Ambedkar

d) Sardar Patel

Choose the correct answer using the codes below:

Consider the following:

1) Speed of glacier movement

2) Weight of Glacier

3) Slope gradient

Which of the above determine the rate of glacial erosion?

The Internet version of the book ‘The Ickabog’ has been released; this book has been written by whom?

Which country hosted the meeting of heads of tax authorities of BRICS countries in the year 2020?