UPSC PRELIMINARY MOCK TEST 30
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Question 21 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
- It can be regulated only after passing a constitutional amendment
- It is protected against executive action
As Right to Property is only a legal right enshrined in the constitution after 44th Constitutional Amendment, the following implications are available
- It can be regulated ie, curtailed, abridged or modified without constitutional amendment by an ordinary law of the Parliament.
- It protects private property against executive action but not against legislative action.
- In case of violation, the aggrieved person cannot directly move the Supreme Court under Article 32 (right to constitutional remedies including writs) for its enforcement. He can move the High Court under Article 226.
- No guaranteed right to compensation in case of acquisition or requisition of the private property by the state.
Question 22 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
1.The process of removal of a State Election Commissioner is similar to the removal of a Judge of a State High Court.
2.A council of ministers must always exist to advise the governor, even after the dissolution of the state legislative assembly.
3.Article 356 can be invoked only on the written recommendation of the cabinet
Which of the statements given above is/are correct?
1 and 2 only
1 and 3 only
Article 356 can be invoked without written recommendation of the cabinet. "
Question 23 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Is a situation in which a bank that is authorised to hold the assets and liabilities of an insolvent bank can no longer meet its own financial obligations
Is an oft-witnessed chain reaction in which lowering of interest rates by one bank forces others to do the same
Refers to the phenomenon of predatory pricing of loans in order to "poach" customers of competitor banks
Occurs when a large number of customers of a bank withdrawing their deposits simultaneously
- A bank run occurs when a large number of customers of a bank or another financial institution withdraw their deposits simultaneously due to concerns about the bank's solvency. As more people withdraw their funds, the probability of default increases, thereby prompting more people to withdraw their deposits. In extreme cases, the bank's reserves may not be sufficient to cover the withdrawals.
- Additional information: A silent bank run is much like a normal bank run, except withdrawals are made by customers in the form of electronic fund transfers and wire transfers, rather than going into the bank and withdrawing cash or a bank draft. As banking has become more and more automated, the electronic movement of funds from one institution to another has become more common.
Question 24 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
1. It distinguished between the commercial and political functions of the Company
2. Court of Directors manage both commercial and political affairs Which of the following below given codes are correct?
Both 1 and 2
Neither 1 nor 2
1. It distinguished between the commercial and political functions of the Company.
2. It allowed the Court of Directors to manage the commercial affairs but created a new body called Board of Control to manage the political affairs. Thus, it established a system of double government.
3. It empowered the Board of Control to supervise and direct all operations of the civil and military government or revenues of the British possessions in India. "
Question 25 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
A question on the Goldman Environmental Prize was posted here a few days ago.
- "An iconic leader of social justice movements in India, Prafulla Samantara led a historic 12-year legal battle that affirmed the indigenous Dongria Kondh's land rights and protected the Niyamgiri Hills from a massive, open-pit aluminum ore mine."