1536: Which one of the following statements is correct with reference to FEMA in India?
(a) The Foreign Exchange Regulation Act (FERA), was replaced by Foreign Exchange Management Act (FEMA) in the year 2001
(b) FERA was given a sunset clause of one year till 31st May 2002 to enable Enforcement Directorate to complete the investigation of pending issues
(c) Under FEMA, violation of foreign exchange rules has ceased to be a criminal offence
(d) As per the new dispensation, Enforcement Directorate can arrest and prosecute the people for the violation of foreign exchange rules
1537: The Ilbert Bill controversy was related to the
(a) imposition restrictions the Indians of certain to carry arms by Indians
(b) imposition of restrictions on newspapers and magazines published in Indian languages
(c) removal of disqualifications imposed on the Indian magistrates with regard to the trial of the Europeans
(d) removal of a duty on imported cotton cloth
1538: An equilateral triangular plate is to be cut into n number of identical small equilateral triangular plates. Which one of the following can be possible value of n?
(A) 296
(B) 216
(C) 256
(D) 196
1539: Among the agricultural commodities imported by India, which one of the following accounts for the highest imports in terms of value in the last five years?
(a) Spices
(b) Fresh fruits
(c) Pulses
(d) Vegetable oils
1540: The lowering of Bank Rate by the Reserve Bank of India leads to
(a) More liquidity in the market.
(b) Less liquidity in the market.
(c) No change in the liquidity in the market.
(d) Mobilization of more deposits by commercial banks.