1501: In the federation established by The Government on India Act of 1935. Residuary Power were given to the

(a) Federal Legislature
(b) Governor General
(c) Provincial Legislature
(d) Provincial Governors
1502: The number of industries for which industrial licensing is required has now been reduced to

(a) 15
(b) 6
(c) 35
(d) 20
1503: Fiscal deficit in the Union Budget means

(a)the sum of budgetary deficit and net increase in internal and external borrowings

(b) the difference between current expenditure and current revenue

(c) the sum of monetized deficit and budgetary deficit

(d) net increase in Union Government's borrowing from the Reserve Bank of India
1504: Consider the following statements :

1. The Charter Act 1853 abolished East India Company monopoly of Indian trade.

2. Under the Government of India Act,1858, the British Parliament abolished the East India company altogether and undertook the responsibility of ruling India directly.

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
1505: Consider the following events :

1. Hunter Commission

2. Charles Wood's Despatch

3. Sadler Commission

4. Raleigh Commission


Their correct chronological sequence is

(a) 3 - 2 - 1 - 4

(b) 2 - 1 - 4 - 3

(c) 1 - 4 - 3 - 2

(d) 4 - 3 - 2 - 1