1071: With reference to the Indian Public Finance consider the following statements:
1. External liabilities reported in Union Budget are based on historical exchange rates
2. The continued high borrowing has kept the real interest rates high in the economy
3. The upward trend in the ratio of Fiscal Deficit to GDP in recent years has an adverse effect to private investments.
4. Interest payments is the single largest component of the non-plan revenue expenditure of the Union Government.
Which of these statements are correct ?
(a) 1, 2 and 3
(b) 1 and 4
(c) 2, 3 and 4
(d) 1, 2, 3 and 4
1072: "Lathyrism" is a crippling disease caused by:
(a) Tinned fish
(b) Chick pea and pulses
(c) Meat
(d) Adulterated oil
1073: With reference to the Genetically Modified mustard (GM mustard) developed in India, consider the following statements :
1. GM mustard has the genes of a soil bacterium that give the plant the property of pest-resistance to a wide variety of pests.
2. GM mustard has the genes that allow the plant cross-pollination and hybridization.
3. GM mustard has been developed jointly by the IARI and Punjab Agricultural University.
Which of the statements given above is/are correct ?
(a)1 and 3 only
(b)2 only
(c)2 and 3 only
(d)1, 2 and 3
1074: Assertion
The same side of the moon is always seen from the earth.
Reason
The moon rotates on its axis once in each orbital revolution.
(a) both A and R are true but R is not the reason for A
(b) both A and R are true and R is the reason for A
(c) neither A nor R is correct
(d) A is correct but R is wrong
1075: Consider the following statements : The Indian rupee is fully convertible
I. in respect of Current Account of Balance of Payment.
II. in respect of Capital Account of Balance of Payment.
III. into gold.
Which of these statements is/are correct ?
(a) I alone
(b) III alone
(c) I and II
(d) I, II and III