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PSC Chief General Manager Society Category Solved Paper – 2015 – Part 3

PSC Chief General Manager Society Category Solved Paper – 2015 – Part 3

Question 51:-W, X and Y jointly promised to pay Rs 8, 00,000 to Z. Before performance of contract Y died. Here the contract A:-Becomes void on Y’s death B:-should be performed by W and X along with Y’s legal representative C:-should be performed by W and X alone D:-Should be renewed between W, X and Z Correct Answer:-Question Cancelled Question 52:-As per Consumer Protection Act 1986, National commission was established and it started its functioning W.e.f. A:-1988 B:-1992 C:-1987 D:-1993 Correct Answer:- Option-A Question 53:-The concept ‘bancassurance’ was originated in ———— A:-France B:-china C:-India D:-USA Correct Answer:- Option-A Question 54:-An agreement which is enforceable by law at the option of one or more of the parties there to but not at the option of the other or others is a A:-Valid contract B:-Void contract C:-Voidable contract D:-Illegal contract Correct Answer:- Option-C Question 55:-The delivery of goods by one person to another for some specific purpose, is known as A:-Bailment B:-Pledge C:-Hypothecation D:-Mortgage Correct Answer:- Option-A Question 56:-Power Distance Index of 77 compared to the World average of 56.5 for India indicates A:-High level of political corruption B:-High level of Gender Empowerment Index C:-High level of equality of power and wealth within the society D:-High level of inequality of power and wealth within the society Correct Answer:- Option-D Question 57:-Which among the following is not a model related to social responsibility? A:-Carroll’s Model B:-Orgburn’s Model C:-Halal’s Model D:-Ackerman’s Model Correct Answer:- Option-B Question 58:————-refers to the enterprises owned and managed jointly by the private and government sectors A:-Co-operative sector B:-Public sector C:-Joint sector D:-Social sector Correct Answer:- Option-C Question 59:-Which, of the following,is not related to Water Pollution Protection Legislations in India? A:-The Easement Act,1882 B:-The Indian Fisheries Act,1897 C:-The Indian Stream Vessel Act,1917 D:-The Water Preservation Act, 1925 Correct Answer:- Option-D Question 60:-Kyoto Protocol pertains to: A:-Globolisation B:-Environment protection C:-Industrial development D:-Privatisation Correct Answer:- Option-B Question 61:-The Restrictive Trade Practices are provided in : A:-Section 33(1) B:-Section 33(2) C:-Section 33(3) D:-Section 33(4) Correct Answer:- Option-A Question 62:-Set of processes,laws and institutions that affects the way in which a corporation is directed, administered or controlled, to facilitate the interest of stake holders, is termed as: A:-Environmental ethics B:-Corporate governance C:-Corporate social responsibility D:-Corporate sustainability Correct Answer:- Option-B Question 63:-Which of the following is not the main objective of Fiscal Policy in India ? A:-To ensure price stability B:-To increase liquidity in the economy C:-To minimise inequalities in the distribution of income and wealth D:-To promote employment opportunities Correct Answer:- Option-B Question 64:-Which of the following is not a method of social audit ? A:-Financial Statement Format Audit B:-Social Process Audit C:-Constituency Group Audit D:-Employee Benefit Audit Correct Answer:- Option-D Question 65:-Who, among the following, is empowered to supersede the Competition Commission of India ? A:-President of India B:-Central Government C:-Supreme Court D:-MRTP Commission Correct Answer:- Option-B Question 66:-The investment limits of micro enterprises engaged in manufacturing sector, as per MSMED Act, 2006, is : A:-Rs.10 lakhs B:-Rs.25 lakhs C:-Rs.2 crores D:-Rs.5 crores Correct Answer:- Option-B Question 67:-Build,operate and transfer concept is envisaged in: A:-Real estate B:-Power generation C:-Airlines D:-Highways Correct Answer:- Option-D Question 68:-Which of the following theory best defines the relationship between currencies on the basis of rate of inflation ? A:-Interest rate parity theory B:-Relative inflation theory C:-Foreign exchange parity theory D:-Purchasing power parity theory Correct Answer:- Option-D Question 69:-Which of the following is not related to the elements of internal environment ? A:-Money and capital market B:-Marketing capability C:-Operational capability D:-Personnel capability Correct Answer:- Option-A Question 70:-Which is the apex body of various exporters and export promotion organisations in India ? A:-Federation of Indian Exporters Organisation B:-Trade fair Authority of India C:-Export Credit Guarantee Corporation of India D:-Directorate General of Commercial Intelligence and Statistics Correct Answer:- Option-A Question 71:- The exchange rate fixed on the basis of demand and supply of currencies is called… A:-Flexible rate B:-Forward rate C:-Floating rate D:-Multiple rate. Correct Answer:- Option-C Question 72:- “BOLT System” in Indian Securities Market is related to A:-NSE Stock Exchange B:-BSE Stock Exchange C:-Over The Counter Exchange of India D:-Multi Commodity Stock exchange Correct Answer:- Option-B Question 73:- Call money rate is applicable for a very short period to .. A:-Inter bank advances B:-Bank to Reserve Bank advances C:- Reserve Bank to bank advances D:-Commercial bank to industrial bank advances Correct Answer:- Option-A Question 74:- The ceiling on the amount of insurance cover is —- A:-Rs 50,000/- B:- Rs 10,000/- C:-Rs 10,00,000/- D:-Rs 1,00,000/- Correct Answer:- Option-D Question 75:- Export Credit Guarantee Corporation of India provides ….. A:-Guarantee to credit institution B:-Credit risk insurance cover to exporters C:- Stability to banking system D:-None of the above. Correct Answer:- Option-B PSC Chief General Manager Society Category Solved Paper – 2015 – Part 1 PSC Chief General Manager Society Category Solved Paper – 2015 – Part 2 PSC Chief General Manager Society Category Solved Paper – 2015 – Part 3 PSC Chief General Manager Society Category Solved Paper – 2015 – Part 4

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