311: Which of the following statements is/are correct regarding the Monetary Policy Committee (MPC)?
1. It decides the RBIs benchmark interest rates.
2. It is a 12-member body including the Governor of RBI and is reconstituted every year.
3. It functions under the chairmanship of the Union Finance Minister.
Select the correct answer using the code given below :
(a) 1 only
(b) 1 and 2 only
(c) 3 only
(d) 2 and 3 only
312: Parliament can legislate matters in the State List:
(a) By wish of the President
(b) If Rajya Sabha passes a resolution by 2/3rd majority
(c) Under any circumstances
(d) By asking the legislature of the State concerned
313: The four railway junctions shown by numerals 1, 2, 3, 4 on the rough outline map of Gujarat are respectively
(a) Palanpur, Mahesana, Ahmedabad and Vadodara
(b) Mahesana, Surendranagar, Rajkot and Junagarh
(c) Palanpur, Kanda, Bhuj and Okla
(d) Ahmedabad, Vadodara, Bhavnagar and Broach
314: With reference to India, consider the following statements :
1. The Wholesale Price Index (WPI) in India is available on a monthly basis only.
2. As compared to Consumer Price Index for Industrial Workers (CPI(IW)), the WPI gives less weight to food articles.
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
315: Which of the following special powers have been conferred on the Rajya Sabha by the Constitution of India?
(a) To change the existing territory of a State and to change the name of a State
(b) To pass a resolution empowering the Parliament to make laws in the State List and to create one or more All India Services
(c) To amend the election procedure of the President and to determine the pension of the President after his/her retirement
(d) To determine the functions of the Election Commission and to determine the number of Election Commissioners