Subject

General Knowledge and Current Affairs

Class

CLAT Class 12

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 Multiple Choice QuestionsMultiple Choice Questions

1.

Hegde fund is a fund

  • used for absorbing inflation

  • used for cushioning health risks

  • applied to minimize the risk of financial market transactions

  • applied for absorbing the risk in commodity trading


C.

applied to minimize the risk of financial market transactions

82 Views

2.

What does strong Rupee as against the dollar mean to India ?

  • There is a Balance of Payments surplus

  • Indian economy is globally respected

  • It is a sign of economic buoyancy

  • It is a sign of economic buoyancy


A.

There is a Balance of Payments surplus

90 Views

3.

Which country has its richest man as the head of the Government ?

  • The USA

  • Italy

  • Saudi Arabia

  • Russia


C.

Saudi Arabia

185 Views

4.

Who is the Chairman of 13th Finance Commission constituted in 2007?

  • Vijay Kelkar

  • C. Rangarajan

  • Ashok Lahiri

  • K.C. Pant


A.

Vijay Kelkar

72 Views

5.

Name the Finance Minister who presented the highest number of
Budgets in the parliament so far

  • P. Chidambaram

  • Morarji Desai

  • Manmohan Singh

  • T.T. Krishnamachari


B.

Morarji Desai

71 Views

6.

The Supreme Court of India upheld the decision to implement the quota for other backward glasses (OBCs) in higher educational institutions. The court, however, excluded the "creamy layer" from being a beneficiary. The reason is:

  • Creamy layer is not an OBC; it is a forward caste

  • Creamy layer is politically powerful

  • It can compete with others on equal footing

  • The inclusion of creamy layer would be unjust


C.

It can compete with others on equal footing

172 Views

7.

Indo-U.S. nuclear deal was opposed in Parliament mainly because

  • all Indian nuclear reactors would fall under American supervision

  • Nuclear energy sector will be dominated by American corporations

  • Nuclear relations between India and the U.S.A will be governed by the Hyde Act

  • The USA will dictate Indian policies


C.

Nuclear relations between India and the U.S.A will be governed by the Hyde Act

106 Views

8.

The contentious Baglihar dam is built on the river

  • Indus

  • Jheelum

  • Chenab

  • Satlez


C.

Chenab

93 Views

9.

Name the latest State which declared independence in 2008

  • Serbia

  • Kosovo

  • Kurdistan

  • Tibet


B.

Kosovo

65 Views

10.

The Indian industrialist who bought Tippu Sultan's sword in an auction in London was

  • Vijay Mallya

  • Anil Ambani

  • Amar Singh

  • Lakshmi Mittel


A.

Vijay Mallya

78 Views