Description : Which of the following committees is not concerned with Panchayati Raj? (1) Santhanam Committee (2) Ashok Mehta. Committee (3) Balwant Rai Mehta Committee (4) V.K.R.V. Rao Committee
Last Answer : (1) Santhanam Committee Explanation: The santhanam Committee Report 1964 defines corruption as a complex problem having roots and ramifications in society as a whole.
Description : Who of the following Presidents of India was associated with Trade Union Movement? (1) V. V. Girt (2) N. Sanjiva Reddy (3) K. R. Narayanan (4) Zakir Hussain
Last Answer : (1) V. V. Girt Explanation: V.V. Giri served as President of India during 1969 to 1974. He was actively associated with trade union movement. He was President of All-India Trade Union Congress (AITUC) twice. He was also associated with All India Railway Workers' Federation.
Description : Who of the following Presidents of India was associated with trade union movement? (1) V.V. Giri (2) N. Sanjiva Reddy (3) K.R. Narayanau (4) Zakir Hussain
Last Answer : (1) V.V. Giri Explanation: V.V. Giri, the President of India was associated with trade Union movement. Varahagiri Venkata Giri, commonly known as V. V. Girl, was the fourth President of the Republic of India from 24 August 1969 to 23 August 1974.
Description : R. G. Ltd. purchased machinery from K.G. Company for a book value of Rs. 4,00,000. The consideration was paid by issue of 10%. Debenture of Rs. 100 each at a discount of 20%. The debenture account will be credited by– (A) Rs. 4,00,000 (B) Rs. 5,00,000 (C) Rs. 3,20,000 (D) Rs. 4,80,000
Last Answer : Answer: Rs. 4,00,000
Description : The Balwant Rai Mehta Committee was associated with – (1) Industrial Policy (2) Banking Reforms (3) Panchayati Raj (4) Centre-State relations
Last Answer : (3) Panchayati Raj Explanation: The Balwant Rai Mehta Committee was a committee appointed by the Government of India in January 1957 to examine the working of the Community Development Programrne (1952) and the National Extension Service (1953) and to suggest measures for their better working.
Description : “A body of persons elected or appointed to meet on an organised basis for the discussion and dealing of matters brought before it.” It is called– (A) Functional organisation (B) Formal organisation (C) Committee organisation (D) Informal organisation
Last Answer : Answer: Committee organisation
Description : Out of the following forms, which form of organisation is the oldest one ? (A) Line and staff organisation (B) Functional organisation (C) Committee organisation (D) Line organisation
Last Answer : Answer: Line organisation
Description : The organisation in which power of authority runs in straight line is called– (A) Line organization (B) Functional organisation (C) Committee organization (D) None of the above
Last Answer : Answer: Line organization
Description : Where does an auditor of a cooperative society submit the audit report ? (A) To the managing committee of the society only (B) To the Registrar of Cooperative Societies of the State concerned only (C ... (D) To the Registrar of Cooperative Societies of the State concerned and a copy to the society
Last Answer : Answer: To the Registrar of Cooperative Societies of the State concerned only
Description : Who was the chairman of the drafting committee of the Constituent Assembly? (1) J. L. Nehru (2) Sardar Vallabhbhai Patel (3) B.R. Ambedkar (4) K.M.Munshi
Last Answer : (3) B.R. Ambedkar Explanation: B.R. Ambedkar was the Chairman of the drafting committee of the Constituent Assembly
Description : The Comptroller and Auditor General is closely connected with which of the following Committees of Parliament? (1) The Estimates Committee (2) The Committee on Public Undertakings (3) The Public Accounts Committee (4) All of these
Last Answer : (3) The Public Accounts Committee Explanation: The Public Accounts Committee (PAC) is a committee of selected members of Parliament for the auditing of the revenue and the expenditure of the ... after it is laid in the Parliament. CAG assists the committee during the course of investigation.
Description : Which on of the following statements regarding the Departmental Committee of the Parliament of Q.In)ia on the empowerment of women is correct? (1) The Committee will consist of members of the Lok Sabha ... shall not exceed two years (4) It reports on the working of welfare programmes for the women
Last Answer : (4) It reports on the working of welfare programmes for the women Explanation: The Committee on Empowerment of Women was constituted on 29th April 1997. The Committee consists of 30 Members of whom ... functions of the committee is to report on the working of the welfare programmes for the women.
Description : Which one of the following Committees is described as the 'twin sister' of the Estimates Committee? (1) Public Accounts Committee (2) Committee on Public Undertakings (3) Departmental Standing Committee (4) Privilege Committee
Last Answer : (1) Public Accounts Committee Explanation: The Public Accounts Committee is called the twin-sister of the Estimates Committee. It is its duty to scrutinize the appropriation accounts and the report of ... the expert advice of the CAG based upon a detailed examination of the government's accounts.
Description : Which one of the following committees does not consists of any member from the Rajya Sabha? (1) Estimates Committee (2) Public Accounts Committee (3) Public Grievance Committer (4) Committee on Public Undertakings
Last Answer : (1) Estimates Committee Explanation: The Estimates Committee consists of 30 members who are elected by the Lok Sabha every year from amongst its members. A Minister is not eligible for election to this Committee. The term of the Committee is one year.
Description : In which of the Parliamentary Financial Committees is the Rajya Sabha not represented? (1) Public Accounts Committee (2) Estimates Committee (3) Committee on Public Undertakings (4) Expenditure Committee
Last Answer : (2) Estimates Committee Explanation: The Estimates Committee consists of 30 members who are elected by the Lok Sabha every year from amongst its members. A Minister is not eligible for election to this Committee. The term of the Committee is one year.
Description : Which of the following Standing Committees of Parliament has no MP from Rajya Sabha? (1) Public Accounts Committee (2) Estimates Committee (3) Committee on Public Undertakings (4) Committee on Government Assurances
Last Answer : (2) Estimates Committee Explanation: The Estimates Committee consists of 30 members who are elected by the Lok Sabha every year from amongst its members. A Minister is not eligible for ... effected and to suggest alternative policies in order to bring about efficiency and economy in administration.
Last Answer : (2) Estimates Committee Explanation: The Estimates Committee, constituted for the first time in 1950, is a Parliamentary Committee consisting of 30 Members, elected every year by the Lok Sabha from amongst ... Minister, he ceases to he a member of the Committee from the date of such appointment.
Description : Which one of the following committees is NOT a Standing Committee of the Parliament? (1) Public Accounts Committee (2) Estimates Committee (3) Committee on Public Undertakings (4) Consultative Committee to the Ministry of Finance
Last Answer : (4) Consultative Committee to the Ministry of Finance Explanation: Each House of Parliament has standing committees which are permanent and regular committees and are constituted from time to ... Financial Committees, DRSCs and some other Committees come under the category of Standing Committees.
Description : Which of the following committees recommended that the elections to Panchayati Raj bodies should be held on party lines? (1) Balwant Rai Mehta committee (2) Ashok committee (3) Dhar Committee (4) VKRV Rao committee
Last Answer : (2) Ashok committee Explaantion: According to Ashok Mehta Committee, there should be an official participation of political parties at all levels of Panchayat elections. Dhar committee demanded for ... committee, National income committee, UN Sub-committee on experts on levels of living etc.
Description : Which of the following committees has been constituted to prepare a blueprint for doubling the farmers income by 2022? a. Mihir Shah Committee b. Ashok Dalwai Committee c. Ashok Gulati Committee d. Sarada Kumari Committee e. Priyanka Singh Committee
Last Answer : b. Ashok Dalwai Committee
Description : A committee of 5 members is to be formed from 8 men and 5 women. How many committees can be formed if at least 2 women and 1 man have to present in the committee? a) 800 b) 840 c) 880 d) 920 e) 996
Last Answer : The various possible cases are: i. 2 women and 3 men = 5C2 × 8C3 = 10 × 56 = 560 ii. 3 women and 2 men = 5C3 × 8C2 = 10 × 28 = 280 iii. 4 women and 1 men = 5C4 × 8C1 = 5 × 8 = 40 Total = 560 + 280 + 40 = 880 Answer: c)
Description : From a total of six men and four ladies, a committee of three is to be formed. If Mrs.X is not willing to join the committee in which Mr.Y is a member, whereas Mr.Y is willing to join the committee only if Mrs.Z is included. How many such committees are possible? a) 138 b) 128 c) 112 d) 91
Last Answer : d) 91
Description : How many committees of five people can be chosen from 20 men and 12 women such that each committee contains at least three women? (A) 75240 (B) 52492 (C) 41800 (D) 9900
Last Answer : (B) 52492
Description : Who is called ‘The Father of Scientific Management’ ? (A) Elton Mayo (B) Henry Fayol (C) E. F. L. Breach (D) F. W. Taylor
Last Answer : Answer: F. W. Taylor
Description : The following data, relates to manufacturing company for the year 2006-07- Net Profit as per P & L A/c-Rs. 2,40,000; Depreciation-Rs. 80,000; Goodwill written-off- Rs. 40,000, Profit on Sale of Fixed Assets-Rs. 16,000, ... ) Rs. 4,40,000 (B) Rs. 4,00,000 (C) Rs. 6,40,000 (D) None of the above
Last Answer : Answer: None of the above
Description : On 1st April, 2013, Y Ltd. Issued 1000, 12% debentures of Rs. 100 each at a discount of 6%. These debentures are redeemable in five equal annual instalments at the end of each year. What is the amount of discount to be written off ... & L A/c ? (A) Rs. 2000 (B) Rs. 1800 (C) Rs. 1200 (D) Rs. 600
Last Answer : Answer: Rs. 1200
Description : Few items of P/L A/c of a company are– Sales – Rs.1,60,000 Closing stock – Rs.38,000 Non-operating Expenses – Rs.800 Non-operating Income – Rs.4,800 Net Profit – Rs.28,000 What is the Operating Profit Ratio ? (A) 18% (B) 20% (C) 15% (D) 57%
Last Answer : Answer: 15%
Description : The balance appearing in the books of a company at the end of year were CRR A/c Rs. 50,000, Security Premium Rs. 5,000, Revaluation Reserve Rs. 20,000, P & L A/c (Dr) Rs. 10,000. Maximum amount available for distribution of ... will be- (A) Rs. 50,000 (B) Rs. 55,000 (C) Rs. 45,000 (D) Rs. 57,000
Last Answer : Answer: Rs. 55,000
Description : The present World Economic Depression first of all, started from which country ? (A) U.S.A. (B) U.K. (C) France (D) India
Last Answer : Answer: U.S.A.
Description : Expenses need to be recorded in the period in which the associated revenues are recognised. This is to be ensured as per which one of the following accounting principles ? (A) Revenue recognition (B) Cost benefit (C) Matching (D) Periodicity
Last Answer : Answer: Revenue recognition
Description : Sundry Debtors – Rs.15,000 Bills Receivable (B/R) – Rs.12,500 Cash at Bank – Rs.17,500 Stock – Rs.15,000 Profit – Rs.20,000 Creditors – Rs.25,000 Bills Payable (B/P) – Rs.15,000 Sales – Rs.1,00,000 What is the Acid Test Ratio ? (A) 1•5 : 1 (B) 1•125 : 1 (C) 16 2/3% (D) 50%
Last Answer : Answer: 1•125 : 1
Description : What is F.O.R. (Free On Rail)?
Last Answer : This indicates that the price covers the cost of goods and all other expenses till the goods are put into the railway wagon.
Description : What is V.R.R.?
Last Answer : Variable Reserve Ration
Description : Which committee was assigned to recommend reforms in the insurance sector? -General Knowledge
Last Answer : The answer is 'Malhotra Committee'
Last Answer : answer:
Description : Which one of the following Committes Report recommended the establishment of the Institutions of Lokpal and Lokayukta? (1) First Administrative Reforms Committee (2) Gorwala Report (3) Ashok Mehta Commitee (4) The Appleby Reports
Last Answer : (1) First Administrative Reforms Committee Explanation: The 1st Administrative Reforms Commission of India (1966-1970), headed by Morarji Desai, recommended the setting up of Lokpal' ... of Ombudsman in Scandinavian countries and the parliamentary commissioner for investigation in New Zealand.
Description : Which committee was assigned to recommend reforms in the insurance sector?
Last Answer : Malhotra Committee
Description : Which committee recommended the establishment of the scheme of ‘democratic decentralization’, which finally came to be known as Panchayati Raj? a. Balwant Rai Mehta Committee b. Ajay Chitnis Committee c. L M Sanghvi Committee d. G V K Rao Committee
Last Answer : a. Balwant Rai Mehta Committee
Description : Which one of the following statements is not correct ? (A) Business firms combine to avoid wasteful competition (B) Business combination is possible only among joint stock companies (C) Business ... firms (D) During economic depression, small firms are absorbed by financially sound large firms
Last Answer : Answer: Business combination is possible only among joint stock companies
Description : According to going concern concept a business entity is assumed to have– (A) A long life (B) A small life (C) A very short life (D) A definite life
Last Answer : Answer: A long life
Description : Who was the Chairman of the Drafting Committee of the Constitution? (1) J. B. Kripalani (2) Rajendra Prasad (3) J. L. Nehru (4) B. R. Ambedkar
Last Answer : (4) B. R. Ambedkar Explanation: On 29 August, 1947, the Drafting Committee was appointed, with Dr B. It Ambedkar as the Chairman along with six other members assisted by a constitutional advisor. ... Sir Benegal Narsing Rau (who became First Indian Judge in International Court of Justice, 1950-54).
Description : Who was the first Chairman of Indian Constitution's Drafting Committee? (1) B L Mitter (2) Madhav Rao (3) Dr B R Ambedkar (4) T T Krishnamachari
Last Answer : (3) Dr B R Ambedkar Explanation: The Government of India Act 1935 provided for dyarchy at the Centre. Under this act, the executive authority of the centre was vested in the Governor. It ended the system of dyarchy at the provincial level introduced by Government of India Act 1919.
Description : With which of the following fields is M. F. Hussain associated? -Do You Know?
Description : 1. What is the number of electrons in an atom of atomic number Z and mass number A? 2. With which of the following fields is M. F. Hussain associated? 3. Which is the Slack Season' in ... 19. What are Shield volcanoes? 20. Mughal dynasty was to Bahadur Shah Zafar-as what was Lodi dynasty to?
Last Answer : Answer : 1. Z 2. Painting 3. Jan.-June 4. Australia 5. Valanadu 6. Stomata 7. 9th December, 1946 8. Measuring flask 9. China 10. Rajaraja Chola I 11. Vocal music 12. Abidjan 13. ... N. Rao 17. By radiation only 18. Useful but need strict regulation 19. Repeated lava flows 20. Ibrahim Lodi
Description : Who among the following was not a member of the Drafting committee of the Constitution of India? (1) B. R. Ambedkar (2) K. M. Munshi (3) M. K. Gandhi (4) Krishnaswamy Iyer
Last Answer : (3) M. K. Gandhi Explanation: M.K. Gandhi was not a member of the Drafting committee of the constitution of India.
Description : The Chairman of the Drafting Committee of the Constituent Assembly of India was – (1) K. M. Munshi (2) D. P. Khaitan (3) Dr. B. R. Ambedkar (4) T. T. Krishnarnachar
Last Answer : (3) Dr. B. R. Ambedkar Explanation: The Constituent Assembly set up a Drafting Committee under the Chairmanship of Dr. B.R. Ambedkar to prepare a Draft Constitution for India on 29 August, 1947. The Constitution of India was adopted on 26 November, 1949 and it came into force on 26 January, 1950.
Description : Who among the following was not a member of the Drafting Committee of the Constitution of India? (1) B. R. Ambedkar (2) K. M. Munshi (3) Krishnaswamy Iyer (4) M. K Gandhi
Last Answer : (4) M. K Gandhi Explanation: The Drafting Committee for framing the constitution was appointed on 29th August 1947. The committee comprised of a chairman and six other members. The committee members were ... Alladi Krishnaswamy Iyer, N Gopalaswami Ayengar, B L Mitter, Md. Saadullah and D P Khaitan.
Description : Who is the head of committee which has been made to select the next RBI governor, as present RBI Governor Mr. Raghuram Rajan‟s term will end in closer to September 2016? A) PK Mishra B) Urjit Patel C) R Gandhi D) P K Sinha E) None of these
Last Answer : D) P K Sinha Explanation: The committee route would be in sync with PM Narendra Modi‘s remark that the appointment is an ―administrative decision‖ that will be taken closer to September when Rajan‘s term ends. PK Sinha is the Cabinet Sectretary.