Page 266 - General Knowledge

GENERAL KNOWLEDGE 2019

31. The government has powers under the Essential Commodities Act, 1955 (EC Act) to
declare a commodity as an essential commodity to ensure its availability to people at fair price.
The Commodities covered under the Act include :
1.Paper
2.Hank Yarn
3.Fertilizers
4.Petroleum and Petroleum Products
5.Cotton and Jute seeds
A. 1, 2 and 3
B. 1, 3 and 4
C. 3, 4 and 5
D. 2, 3, 4 and 5

32. Public Distribution System (PDS) means distribution of essential commodities to a large
number of people through a network of Fair Price Shops on a recurring basis. The Commodities
distributed under PDS are:
(1) Wheat
(2) Rice
(3) Sugar
(4) Pulses
(5) Kerosene
Select the correct option:
A. 1 ,2 and 4
B. 1 ,2, 3 and 4
C. 1, 2, 3 and 5
D. All of the above

33. Which of the above is/are correctly matched?
1. Yellow Revolution- Eggs
2. Golden Revolution-Oilseeds

3. Round Revolution-Potato

4. Grey Revolution-Fertilizers
A. 1 and 2
B. 3 and 4
C. 2, 3 and 4
D. 1, 2 and 4

34. Devaluation of currency can correct a Balance of Payments deficit because___
A. It lowers price of exports in foreign currency and rises price of imports in home currency
B. It raises price of exports in foreign currency and lowers price of imports in home currency
C. It raises price of exports and imports in foreign currency
D. It lowers price of exports and imports in home currency

35. What is the share of Government of India in NABARD?
A. 50%
B. 51%

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