Which of the following is/ are credit rating agency/agencies in India?

Correct Answer: Foreign Portfolio Investment

Explanation:

In fact, FPI is often referred to as ?hot money? because of its tendency to flee at the first signs of trouble in an economy. These massive portfolio flows can exacerbate economic problems during periods of uncertainty.

 

Correct Answer: The share of services sector has increased sharply.

Explanation:

The growth scenario in India shows that the services sector has become the most dominant in the later part of its growth process. The share of services sector in GDP increased from 28.5 per cent in 1950-51 to 39.6 per cent in 1990-91 and then to 52.6 per cent in 2014-15 while the share of primary sector declined from 56.4 per cent in 1950-51 to 33.4 per cent in 1990-91 and then to only 19.0 per cent in 2014-15.

Correct Answer: Tatra

Explanation:

Tatra not an Air Defence Missile System. It is a Czech manufacturer producing vehicles in Koprivnice. It is owned by the Tatra Trucks company, based in Ostrava, and is the third oldest company in the world producing cars with an unbroken history.

 

Correct Answer: The rank of Second Lieutenant has been abolished.

Explanation:

The rank of 2nd Lieutenant/Act. Sub Lieutenant/Pilot Officer were removed because the salary of the officers holding these ranks were less compared to senior Non-Commissioned Officers i.e Subedar Major in army, Master Warrant Officer in air force and Master Chief Petty Officer -1st Class in navy.

Rest of the statements are incorrect.In modern armies, lieutenant general normally ranks immediately below general and above major general; it is equivalent to the navy rank of vice admiral, and in air forces with a separate rank structure, it is equivalent to air marshal.

 

Correct Answer: North Eastern Command

Explanation:

The Indian Army is divided into six operational commands and one training command each headed by a Limited General. They are South Western, Northern, Central, Army Training Command, Eastern, Western and Southern Commands.

Correct Answer: Y. V. Reddy

Explanation:

The 14th Finance Commission was constituted in January 2014. Commissions chairman was former RBI governor Y V Reddy and its members were Sushma Nath, M. Govinda Rao, Abhijit Sen, Sudipto Mundle.

 

Correct Answer: USA, Canada and Mexico

Explanation:

The North American Free Trade Agreement (NAFTA) is an agreement signed by Canada, Mexico, and the United States and entered into force on 1 January 1994 in order to establish a trilateral trade bloc in North America.

Correct Answer: Assam, Meghalaya, Tripura and Mizoram

Explanation:

The Constitution of India makes special provisions for the administration of the tribal dominated areas in four states viz. Assam, Meghalaya, Tripura and Mizoram. As per article 244 and 6th Schedule, these areas are called ?Tribal Areas?, which are technically different from the Scheduled Areas under fifth schedule.

 

Correct Answer: Give legal aid to insolvent peasants

Explanation:

The Deccan Riots Commission was set up which presented a report to the British Parliament in 1878.In 1879, the Agriculturists Relief Act was passed which ensured that the farmers could not be arrested and imprisoned if they were unable to pay their debts.It was an Act for the relief of Indebted Agriculturists in certain parts of the Deccan.

Correct Answer: Certiorari

Explanation:

A writ of certiorari is issued to quash the order passed by an inferior court or tribunal in excess of jurisdiction.

A writ of prohibition is issued to prevent an inferior court or tribunal to go ahead with the trial of a case in which it has assumed excess of jurisdiction.