2036: Consider the following statements :

1. The Chairman of the Committee on public Accounts is appointed by the Speaker of the Lok Sabha.

2. The Committee on public Accounts comprises Members of Lok Sabha, Members of Rajya Sabha and a few eminent persons of industry and trade.

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
2037: Consider the following statements:

1. The maximum limit of shareholding of Indian promoters in private sector banks in India is 49 per cent of the paid up capital.

2. Foreign Direct Investment up to 49 per cent from all sources is permitted in private sector banks in India under the automatic route.

Which to these statements is/are correct?

(a) Only 1
(b) Only 2
(c) Both 1 and 2
(d) Neither 1 nor 2
2038: When you travel in certain parts of India, you will notice red soil. What is the main reason for this colour ?

(a) Abundance of magnesium
(b) Abundance of phosphates
(c) Presence of ferric-oxides
(d) Accumulated humus
2039: Stagflation refers to:

(a) Constant rate of inflation

(b) Low inflation with high recession

(c) High inflation with low recession

(d) Stagnation and inflation
2040: In the Indian Constitution, the Right to Equality is granted by Five Articles. They are

(a) Article 16 to Article 20
(b) Article 15 to Article 19
(c) Article 14 to Article 18
(d) Article 13 to Article 17