Question : Statement 1: SEBI's development functions include investor education and training.
Statement 2: SEBI's development functions solely focus on regulating credit rating agencies.
Option 1: Statement 1 is true, and statement 2 is true.
Option 2: Statement 1 is true, but statement 2 is false.
Option 3: Statement 1 is false, and statement 2 is true.
Option 4: Statement 1 is false, and statement 2 is false.
Correct Answer: Statement 1 is true, but statement 2 is false.
Solution : The correct answer is (b) Statement 1 is true, but statement 2 is false.
Statement 1 is true. SEBI's development functions include a variety of initiatives aimed at educating investors, improving market infrastructure, and enhancing market participation through training and awareness programs.
Statement 2 is false. While SEBI may regulate credit rating agencies as part of its functions, its development functions are broader and encompass a range of activities aimed at developing and promoting the securities market in India, not just focusing on credit rating agencies.
Question : Statement 1: SEBI's development functions include investor education and training.
Statement 2: SEBI's development functions solely focus on regulating credit rating agencies.
Option 1: Statement 1 is true, and statement 2 is true.
Option 2: Statement 1 is true, but statement 2 is false.
Option 3: Statement 1 is false, and statement 2 is true.
Option 4: Statement 1 is false, and statement 2 is false.
Correct Answer: Statement 1 is true, but statement 2 is false.
Solution : The correct answer is (b) Statement 1 is true, and statement 2 is false.
Statement 1 is true. SEBI, as part of its development functions, focuses on investor education and training to enhance awareness and understanding of financial markets among investors. Educating and training investors is a key component of SEBI's efforts to develop the securities market.
statement 2 is false. SEBI's development functions encompass a broader range of activities aimed at developing and promoting the securities market. While regulating credit rating agencies might be one aspect of its responsibilities, SEBI's development functions extend beyond this and include various initiatives to facilitate market growth, investor education, capacity building, and more.
Question : The Human Development Index (HDI) measures the overall development based on indicators such as:
Option 1: Income, education, and health
Option 2: GDP, inflation, and employment
Option 3: Industrial output, exports, and imports
Option 4: Life expectancy, fertility rate, and literacy rate
Correct Answer: Income, education, and health
Solution : The correct answer is (a) Income, education, and health.
The HDI is a composite index created by the United Nations Development Programme (UNDP) to assess and compare the levels of human development across different countries. It takes into account multiple dimensions of development, including income, education, and health.
The income component is measured by Gross National Income (GNI) per capita, which reflects the average income of individuals in a country. The education component considers indicators such as mean years of schooling and expected years of schooling, which represent the educational attainment of the population. The health component includes indicators like life expectancy at birth, which reflects the overall health status of the population.
The HDI provides a more holistic and comprehensive assessment of development beyond economic indicators like GDP or industrial output.
Question :
Find out the meaning of the following phrase
Not a spark of decency
Option 1:
No manners
Option 2:
No enthusiasm
Option 3:
No education to sound decent
Option 4: No education
Option 5:
No spark
Correct Answer:
No manners
Solution :
The phrase denotes indecency in someone.
Question : Which of the following is an example of an automatic stabilizer?
Option 1: Unemployment benefits
Option 2: Defense spending
Option 3: Education spending
Option 4: Social security spending
Correct Answer: Unemployment benefits
Solution : The correct answer is (a). Unemployment benefits
unemployment benefits are an example of an automatic stabilizer. Automatic stabilizers are government policies or programs that are designed to automatically stabilize the economy during periods of economic downturns or recessions.
Unemployment benefits provide financial assistance to individuals who have lost their jobs and are actively seeking employment. During economic downturns, when unemployment rates tend to rise, the number of individuals eligible for and receiving unemployment benefits increases. These benefits act as an automatic stabilizer because they help support individuals and families during times of economic hardship, thereby providing a stimulus to the economy.
Unemployment benefits help stabilize the economy by providing income to unemployed individuals, which can be used to meet their basic needs and maintain their consumption levels. This, in turn, helps to mitigate the negative impact of recessions on aggregate demand and can contribute to stabilizing the overall economy.
Question : Based on Macaulay’s Minute, the English Education Act was introduced in ______.
Option 1: 1875
Option 2: 1835
Option 3: 1855
Option 4: 1815
Correct Answer: 1835
Solution : The correct option is 1835.
Macaulay's Minute was written in 1835, and it played a significant role in the introduction of the English Education Act of 1835 in India. The English Education Act, also known as the Minute on Indian Education, was enacted by the British colonial government in India. Lord Thomas Babington Macaulay, a British colonial administrator, drafted the Minute.
Question : Assertion: SEBI's development functions include regulating stockbrokers and sub-brokers.
Reason: SEBI aims to provide investor education and training.
Option 1: Both assertion and reason are true, and the reason is the correct explanation of the assertion.
Option 2: Both assertion and reason are true, but the reason is not the correct explanation of the assertion.
Option 3: Assertion is true, but the reason is false.
Option 4: Assertion is false, but the reason is true.
Correct Answer: Both assertion and reason are true, and the reason is the correct explanation of the assertion.
Solution : The correct answer is (a) Both assertion and reason are true, and the reason is the correct explanation of the assertion.
The assertion is true. SEBI's development functions do include regulating stockbrokers and sub-brokers to ensure a fair and transparent securities market.
The reason is true and provides the correct explanation. SEBI aims to provide investor education and training to enhance investor knowledge and awareness. Educated and informed investors are vital for a healthy and well-functioning securities market. Therefore, the reason accurately explains SEBI's development functions related to investor education and training.
Question :
Directions: In the following question, select the related word from the given alternatives.
Medicine : Patient :: Education : ?
Option 1: Teacher
Option 2: School
Option 3: Student
Option 4: Tuition
Correct Answer: Student
Solution : Given:
Medicine : Patient :: Education : ?
Like, the patient is the recipient of medicine.
Similarly, the student is the recipient of education.
Hence, the third option is correct.
Question : Comprehension:
In the following passage, some words have been deleted. Fill in the blanks with the help of the alternatives given. Select the most appropriate option for each number.
Salvador Dali (1)________ a prominent Spanish surealist painter (2)______ in Figueres, Catalonia, on 11 May 1904. Dali's father was strict in the education of his children unlike (3)________ mother. Dali had a brother named Salvador (4)_____ was born nine months before him and died of gastroenteritis. When he was five, Dali was taken to his brother's grave and was told that he was his brother's (5)_______.
Question:
Select the most appropriate option to fill in the blank No. 3.
Option 1: their
Option 2: him
Option 3: her
Option 4: his
Correct Answer: his
Solution : The correct choice is the fourth option.
His is a possessive determiner that is used to show possession by a male person. It is the appropriate choice to fill the blank with, as the sentence is talking about the mother of Dali, making it the appropriate determiner to be used in this context.
Therefore, the complete choice is: "Dali's father was strict in the education of his children unlike his mother."
Question : Which of the following infrastructure is associated with education, health and housing?
Option 1: Economic infrastructure
Option 2: Social infrastructure
Option 3: Both A and B
Option 4: Neither A and B.
Correct Answer: Economic infrastructure
Solution : Social infrastructure includes infrastructure associated with education , health and housing. It is important to promote such activities which improve quality of Human Resource.
Hence Option A is correct.