496: Assertion (A) : In India, every state has a High Court in its territory.
Reason (R) : The Constitution of India provides for a High Court in each state.
(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 the correct explanation of A
(c) A is true but R is false
(d) A is false but R is true
497: The Rowlatt Act aimed at
(a) compulsory economic support to war efforts
(b) imprisonment without trial and summary procedures for trial
(c) suppression of the Khilafat Movement
(d) imposition of restrictions on freedom of the press
498: The term 'Fiscal Crisis' in India currently refers primarily to:
(a) Increase in non-developmental government expenditure
(b) Increase in public debt
(c) Recurring deficit on current account in the government budget
(d) Phenomenal increase in external indebtedness
499: Amit started a business by investing Rs. 30,000. Rahul joined the business after some time and invested Rs. 20,000. At the end of the year, profit was divided in the ratio of 2 : 1. After how many months did Rahul joined the business?
(a) 2
(b) 3
(c) 4
(d) 5
500: Bank Rate implies the rate of interest
(a) paid by the Reserve Bank of India on the Deposits of Commercial Banks
(b) charged by Banks on loans and advances
(c) payable on Bonds
(d) at which the Reserve Bank of India discounts the Bills of Exchange