Interactive Practice Quiz Bank

With reference to the Banking Regulation Act of India, consider the following statements: 1. It serves as the primary legislation governing the licensing, regulation, and operations of banking companies in India. 2. The Act was originally enacted in the pre-independence era before the adoption of the Indian Constitution. Which of the statements given above is/are correct?

With reference to the National Organ Transplant Programme (NOTP) in India, consider the following statements: 1. The NOTP is implemented at the national level to oversee and regulate organ procurement, allocation, and distribution logistics. 2. Institutional public health advocacy by premier medical bodies like PGIMER and AIIMS is solely restricted to internal clinical research and has no mandate for community outreach. Which of the statements given above is/are correct?

With reference to the Code on Social Security, 2020 and statutory gratuity regulations in India, consider the following statements: 1. The Code on Social Security consolidates multiple legacy labor legislations into a unified framework under the Ministry of Labour and Employment. 2. Under the updated provisions, fixed-term employees are eligible for gratuity upon completing one year of continuous service instead of the traditional five-year threshold. 3. The income-tax exemption limit for gratuity received under Section 10(10) of the Income Tax Act is statutorily unlimited. Which of the statements given above are correct?

With reference to the constitutional framework of law enforcement and public service in India, consider the following statements: 1. Under the Seventh Schedule of the Constitution of India, 'Police' is a subject enumerated in the State List. 2. State Public Service Commissions are established as statutory bodies under the executive resolutions of respective state cabinets. Which of the statements given above is/are correct?

With reference to the Commonwealth Games (CWG), consider the following statements: 1. It is an international multi-sport event conducted biennially involving athletes exclusively from the Commonwealth of Nations. 2. Track and field athletics, including events like the javelin throw, form a core part of its official sports disciplines. Which of the statements given above is/are correct?

With reference to India's external sector reforms and regulatory framework, consider the following statements: 1. The Foreign Exchange Management Act (FEMA), which replaced FERA, shifted the statutory focus from the conservation of foreign exchange to the facilitation of external trade and payments. 2. Balance of Payments (BoP) records all economic transactions between the residents of a country and the rest of the world during a specific period. 3. Full Capital Account Convertibility implies complete freedom to convert local financial assets into foreign financial assets and vice versa at market-determined exchange rates. Which of the statements given above are correct?

With reference to the Ramsar Convention and wetland conservation in India, consider the following statements: 1. Ramsar-designated wetlands serve as ecological filters that trap pollutants and act as natural carbon sinks. 2. The Biological Diversity Act empowers state governments to notify fragile local habitats as Biodiversity Heritage Sites (BHS). Which of the statements given above is/are correct?

With reference to transboundary water governance and international river treaties, consider the following statements: 1. Transboundary water treaties are primarily designed to regulate shared river basins, impacting downstream agricultural output, drinking water security, and ecological health. 2. Climate change and altered monsoon variability require static historical water-sharing agreements to remain completely unaltered to maintain international stability. Which of the statements given above is/are correct?

With reference to the evolution of sports administration and national awards in India, consider the following statements: 1. Early systems of sports recognition primarily relied on informal executive mechanisms and ad-hoc administrative guidelines rather than rigid statutory codes. 2. Recent regulatory updates aim to enforce standard selection criteria, institutional transparency, and accountability across national sports bodies. Which of the statements given above is/are correct?

Consider the following milestones in the evolution of local self-government and federal structures in India: 1. Enactment of the 73rd and 74th Constitutional Amendment Acts giving constitutional status to rural and urban local bodies. 2. Establishment of initial federal structures under the Constitution of India incorporating 5th and 6th Schedule provisions for tribal areas. 3. Deliberations of the 16th Finance Commission focusing on reforming Centre-State financial devolution and enhancing local body autonomy. What is the correct chronological sequence of the above developments from earliest to latest?