156: Which one of the following statements is correct ?
Fiscal Responsibility and Budget Management Act (FRBMA) concerns
(a) fiscal deficit only
(b) revenue deficit only
(c) both fiscal deficit and revenue deficit
(d) neither fiscal deficit nor revenue deficit
Explanation:
Fiscal Responsibility and Budget Management Act (FRBMA), 2003 concerns both fiscal and revenue deficit. Under this Act, the Government should annually reduce the revenue deficit by atleast 0.5 percent and fiscal deficit by 0.3 percent beginning with fiscal year 2004-05 to reach targets of 0 percent and 3.5 percent of Revenue and Fiscal deficits respectively by 2008-09.
157: Consider the following :
I. Industrial Finance Corporation of India
II. Industrial Credit and Investment Corporation of India
III. Industrial Development Bank of India
IV. Unit Trust of India
The correct sequence in which the above were established is
(a) I, II, III, IV
(b) I, III, II, IV
(c) IV, III, II, I
(d) I, IV, III, II
158: Who amongst the following was the Chairman of ISRO when INSAT-3B was launched ?
(a) Anil Kakodkar
(b) Abdul Kalam
(c) K. Kasturirangan
(d) U. R. Rao
159: The jet aircrafts fly very easily and smoothly in the lower stratosphere. What could be the appropriate explanation?
1. There are no clouds or water vapour in the lower stratosphere.
2. There are no vertical winds in the lower stratosphere.
which of the statements given above is/are correct in this context?
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
Explanation:
The stratosphere is very dry; air there contains little water vapor. Because of this, few clouds are founds in this layer; almost all clouds occur in the lower, more humid troposphere. The troposphere is an unstable layer where the air is constantly moving. As a result, aircraft flying through the troposphere may have a very bumpy ride, know as turbulence. Because of this turbulence, most jet airlines fly higher above the Earth in the stratosphere. Here the air is more still and clear as they can fly above the clouds.
160: In the 'Index of Eight Core Industries', which one of the following is given the highest weight?
(a) Coal production
(b) Electricity generation
(c) Fertilizer production
(d) Steel production
Explanation:
The Eight Core Industries comprise nearly 38 % of the weight of items included in the Index of Industrial Production (IIP).
1. Coal production (weight: 4.38 %)
2. Crude Oil production (weight: 5.22 %)
3. The Natural Gas production (weight: 1.71 %)
4. Petroleum Refinery production (weight: 5.94%)
5. Fertilizer production (weight: 1.25%)
6. Steel production (weight: 6.68%)
7. Cement production (weight: 2.41%)
8. Electricity generation (weight: 10.32%)
So here answer is B.