716: In the context of bilateral trade negotiations between India and European Union, what is the difference between European Commission and European Council ?
1. European Commission represents the EU in trade negotiations whereas European Council participates in the legislation of matters pertaining to economic policies of the European Union.
2. European Commission comprises the Heads of State or government of member countries whereas the European Council comprises of the persons nominated by European Parliament.
Which of the statements given above is/are correct ?
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
717: A deflator is a technique of
(a) Adjusting for changes in price level
(b) Adjusting for change in commodity
(c) Accounting for decline of-GNP
(d) Accounting for higher increase of GNP
718: With reference to the recent developments in science, which one of the following statements is not correct?
(a) Functional chromosomes can be created by joining segments of DNA taken from cells of different species.
(b) Pieces of artificial functional DNA can be created in laboratories.
(c) A piece of DNA taken out from an animal cell can be made to replicate outside a living cell in a laboratory.
(d) Cells taken out from plasma and animals can be made to undergo cell division in laboratory petri dishes.
719: Despite being a high saving economy, capital formation may not result in significant increase in output due to
(a) weak administrative machinery
(b) illiteracy
(c) high population density
(d) high capital-output ratio
720: Among the following States, which one has the most suitable climatic conditions for the cultivation of a large variety of orchids with minimum cost of production, and can develop an export oriented industry in this field?
(a) Andhra Pradesh
(b) Madhya Pradesh
(c) Arunachal Pradesh
(d) Uttar Pradesh