Previous year MCQs

Economy UPPSC 2017 GS-I
Question

Which bank has been established in China by BRICS countries?

Answer & Solution

Answer: (Detailed Solution Below)

Option C: New Development Bank

Detailed Solution:

The correct answer is “New Development Bank”.
The New Development Bank (NDB) is the bank established by BRICS countries in China. It was founded to support infrastructure and sustainable development projects in BRICS and other emerging economies.

Similar Questions:

Consider the following statements and select your answer from the codes given below:

A) The Governor does not have the power to appoint the judge of a State High court.
B) He is not a part of the Legislature.
C) He has the power to nominate some members in the Legislative Council.
D) He has no judicial powers.
  1. A) A and B are correct
  2. B) A and C are correct
  3. C) B and D are correct
  4. D) All are correct
Who was the last ruler of "Jaunpur state"?
  1. A) Mohammed Shah
  2. B) Hussain Shah
  3. C) Mubarak Shah
  4. D) Ibrahim Shah
Which of the following makes recommendation regarding fixing of minimum support price for various crops?
  1. A) Indian Council of Agricultural Research
  2. B) NABARD
  3. C) Commission for Agricultural Costs and Prices
  4. D) Indian Agricultural Research Institute
Government of India first Nationalized of 14 major commercial banks:
  1. A) In the year of 1956
  2. B) In the year of 1959
  3. C) In the year of 1969
  4. D) In the year of 1971
Consider the following statements regarding G-20 summits

(a) The 12th G-20 summit was held in Germany
(b) The 13th G-20 summit will be held in China
(c) The 14th G-20 summit will be held in Japan

Of the above the correct statements are:
  1. A) a and b only
  2. B) a and c only
  3. C) b and c only
  4. D) a, b and c
In which of the following animal's hooves are not found?
  1. A) Deer
  2. B) Jackal
  3. C) Horse
  4. D) Zebra
Arrange the following Committees formed for small scale sector in a chronological order and select the correct answer from the codes given below:

I. Nayak Committee
II. Abid Hussain Committee
III. S.S. Kohli Committee
IV. Karve Committee

Codes:
  1. A) I, II, IV, III
  2. B) III, II, I, IV
  3. C) IV, I, II, III
  4. D) I, II, III, IV
At present the contribution of agriculture to the national income of India stands at:
  1. A) 55 per cent
  2. B) 44 per cent
  3. C) 33 per cent
  4. D) 18 per cent
Which of the following statements in relation to Bombay Stock Exchange, is correct?
  1. A) It is the oldest stock exchange of India
  2. B) It is known by the name of Dalai Street
  3. C) It's share index is known by the name of SENSEX
  4. D) All of the-above
Which among the following are the sources of current revenue for the Central Govt?

I. Corporate Tax
II. Profit from Public Enterprises
III. Sale of National Savings Certificates
IV. Loans received from the World Bank
V. Excise duties

Select the correct answer from the codes given below:
Codes:
  1. A) I, II and III
  2. B) II, III and IV
  3. C) III, IV and V
  4. D) I, II and V
Increasing urbanisation creates:

1) Increase in slum population of metropolitan cities
2) Greater concentration of population in large urban centres
3) Sharp decline in quantity and quality of service in urban areas
4) Rapid upgradation of infrastructure facilities
  1. A) 1, 2 and 3
  2. B) 2, 3 and 4
  3. C) 1, 2 and 4
  4. D) All the four
Balance of Payment includes
  1. A) Visible Trade
  2. B) Invisible Trade
  3. C) Debts
  4. D) All the above