1: A small wooden block is floating in a tub of water. The water is gradually heated. The volume of the wooden block visible above the water level:
(a) Increases
(b) Decreases
(c) Fluctuates
(d) Remains the same
2: Which one of the following was not stipulated in the Fiscal Responsibility and Budget Management Act, 2003 ?
(a) Elimination of revenue deficit by the end of the fiscal year 2007-08
(b) Non-borrowing by the central government from Reserve Bank of India except under certain circumstances
(c) Elimination of primary deficit by the end of the fiscal year 2008-09
(d) Fixing government guarantees in any financial year as a percentage of GDP
3: Consider the following liquid assets :
1. Demand deposits with the banks
2. Time deposits with the banks
3. Savings deposits with the banks
4. Currency
The correct sequence of these assets in the decreasing order of liquidity is
(a) 1 - 4 - 3 - 2
(b) 2 - 3 - 1 - 4
(c) 4 - 1 - 3 - 2
(d) 4 - 3 - 2 - 1
4: The New Exim Policy announced in 1992, is for a period of
(a) 3 Years
(b) 4 Years
(c) 7 Years
(d) 5 Years
5: With reference to pre-packaged items in India, it is mandatory to the manufacturer to put which of the following information on the main label, as per the Food Safety and Standards (Packaging and Labelling) Regulations, 2011?
1. List of ingredients including additives
2. Nutrition information
3. Recommendations, if any, made by the medical profession about the possibility of any allergic reactions
4. Vegetarian/non-vegetarian
Select the correct answer using the code given below.
(a) 1, 2 and 3
(b) 2, 3 and 4
(c) 1, 2 and 4
(d) 1 and 4 only