Question : Which of the following statements are true?
Statement 1- Gifts and grants are received during flood or natural crisis.
Statement 2- Forfeitures are rewards to public.
Option 1: Both are true .
Option 2: Both are false
Option 3: Statement 1 is true and statement 2 is false.
Option 4: Statement 2 is true and statement 1 is false.
Correct Answer: Statement 1 is true and statement 2 is false.
Solution : Gifts and grants are received during flood or natural crisis. Forfeitures are penalties imposed by the court. Hence option C is correct.
Question : Which of the following statement are true?
Statement 1- Gifts and grants are unilateral in nature
Statement 2- Escheats involves the claim of the. government on the property of a person who dies without leaving behind any will or heir.
Statement 1- Small savings are treated as revenue receipts.
Statement 2- Disinvestment is a part of the revenue expenditure
Question : Which of the following statement is correct? Statement 1- Global warming is caused by high level of chlorine and bromine compounds in the stratosphere. Statement 2- Extract of many resources is a reason of environmental crisis.
Question : Statement 1: Inadequate transmission and distribution infrastructure leads to power losses during electricity transmission.
Statement 2: Transmission losses occur due to resistance in power lines and inefficient distribution networks.
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