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UPSC PRELIMINARY MOCK TEST 263
Question 76 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER] |
1.The President has pardoning powers with respect to central laws while the governor's powers are with respect to state laws.
2.The president is the only authority to pardon a death sentence. Governor can suspend, remit or commute a death sentence but not pardon.
3.Article 72 empowers the State Governor to grant pardons, suspend, remit or commute sentences in certain cases.
Which of the statements given above is/are correct?
3 only | |
2 and 3 only | |
1 only | |
1 and 2 only |
Article 161, is the parallel provision of Article 72, empowers the State Governor to grant pardons, suspend, remit or commute sentences in certain cases. "
Question 77 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER] |
- Methanol is cleaner and cheaper than fossil fuels.
- Methanol can be used as transportation, cooking and energy-producing fuel.
1 only | |
2 only | |
Both are correct | |
Both are incorrect |
Question 78 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER] |
1 Only | |
2 Only | |
Both 1 and 2 | |
Neither 1 nor 2 |
The Ten Degree Channel is a channel that separates the Little Andaman and Car Nicobar in the Bay of Bengal. Lakshadweep island group is separated from Maldives by the Eight Degree Channel.
Question 79 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER] |
A representation of the relationship between rates of taxation and the resulting levels of government revenue. | |
It indicates that there is a level of government spending that maximises economic growth - the optimal level of government spending accordingly is 15-25% of GDP. | |
A graphical representation of the distribution of income, viz. representing inequality of wealth distribution. | |
It illustrates the relationship between market forces and economic inequality. |
"One day in 1974, the American economist Arthur Laffer went to lunch at a restaurant in Washington, D.C. with two senior White House staff of President Gerald Ford. In the midst of an animated discussion on tax policy, Mr. Laffer pulled out a paper napkin and drew a curve. He argued that there is an optimum level of tax rate that will maximise revenues for the government. Any tax rate higher or lower will decrease tax revenues. Mr. Laffer became a celebrity and the napkin, memorabilia. This is famously called the "Laffer curve" in economics. However, Mr. Laffer failed to mention that finding that optimum tax rate is a near impossible task."
"Currently, more than 25 different tax rates on various goods and services are levied by 29 States and the Centre combined. This yields nearly Rs.9 lakh crore as total indirect tax revenues for the nation. The GST Council is attempting to collapse these 25 different rates into three or four tax rates to yield at least the same amount, preferably more. What are those magical three-four rates? This is the "Lafferian" dilemma confronting the GST Council that led to the abrupt adjournment of its third meeting recently."
http://www.thehindu.com/opinion/op-ed/ways-out-of-the-gst-maze/article9277436.ece
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Question 80 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER] |
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- Every panchayat shall continue for 5 years from the date of its 1st meeting
- It can be dissolved earlier in accordance with the procedure prescribed by the Constitution
- In case, it is dissolved earlier, elections must take place within 6 month of its dissolution
1 only | |
1 and 3 only | |
2 and 3 only | |
1, 2 and 3 |
- Every panchayat shall continue for 5 yrs from the date of its 1st meeting.
- It can be dissolved earlier in accordance with the procedure prescribed by the state legislature (not Constitution)
- In case, it is dissolved earlier, elections must take place within 6 month of its dissolution