1291: Direct taxation was introduced by the ...... committee.
(a) Wanchoo
(b) Chetty
(c) Kaldor
(d) Raja Chelliah
1292: A bus is moving with a speed of 30 km/hr ahead of a car with a speed of 50 km/hr. How many kilometers apart are they if it takes 15 minutes for the car to catch up with the bus ?
(a) 5 km
(b) 7.5 km
(c) 12.5 km
(d) 15 km
1293: Israel has common borders with
(a) Lebanon, Syria, Jordan and Egypt
(b) Lebanon, Syria, Turkey and Jordan
(c) Cyprus, Turkey, Jordan and Egypt
(d) Turkey, Syria, Iraq and Yemen
1294: Consider the following statements:
1. Poverty Reduction and Growth Facility (PRGF) has been established by the International Development Association (IDA) to provide further assistance to low-income countries facing high level indebtedness.
2. Singapore Regional Training Institute (STI) is one of the institutes that provides training in macroeconomic analysis and policy, and relates subjects as a part of programme of the IMF institute.
Which of the following statements given above is/are correct?
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
1295: Assertion (A):
Ceiling on foreign exchange for a host of current account transaction heads was lowered in the year 2000.
Reason (R):
There was a fall in foreign currency assets also.
(a) Both A and R are individually true, and R is the correct explanation of A
(b) Both A and R are individually true, but R is NOT a correct explanation of A
(c) A is true, but R is false
(d) A is fasle, but R is true