MPSC TEST SERIES 27

MPSC TEST SERIES 27

Name

1. Choose the word which is opposite in meaning to ‘stimulate’ as used in the passage

(a) invigorate
(b) stigmatize
(c) energize
(d) suppress

(a)

(b)

(c)

(d)

None

Direction for Questions No. 2 – 4 : Read the following passage carefully and choose the best answer to each of the questions out of the four alternatives. Long ago Emperson wrote: ‘‘A man’s task is his life-preserver’’. This seems to be remarkably correct in our modern life. The man without task is like a ship without a ballast and anchor, he is all too often merely a drifter. Few men seem to have initiative enough to choose a task for themselves if they do not need to work. When the inevitable disappointments come, as they assuredly will, they are completely overwhelmed. But the man who has his task has no time for vain regret, he escapes the disastrous fate which overtakes his less fortunate brother.Work is one of the greatest safety-valves which was ever invented, and youth especially needs it.

2. It seems to be remarkably correct in modern life that

(a) a man has enough leisure

(b) youth needs less work and more rest

(d) men fail to choose a task for themselves

(a)

(b)

(c)

(d)

None

3. The expression ‘safety-valve’ means

(a) something which blows up safety
(b) an outlet for pent-up energy
(c) something which guarantees safety
(d) the leaf of a folding door

(a)

(b)

(c)

(d)

None

4. A man who suffers from vain regrets must have

(a) chosen his life’s work rather carelessly
(b) met with disastrous fate
(c) been a victim of adverse circumstances
(d) not need to work

(a)

(b)

(c)

(d)

None

Directions for Questions No. 5 – 9 : Read the following passage carefully, and answer the questions that follow, choosing the best answer out of the alternatives given:We live in a God-gifted world, but humans are the reason behind the deterioration of the environment. Everything that surrounds us constitutes the environment. The earth is made up of various environments in which all living and non-living things coexist. Nature’s biological, physical and natural forces interact to generate conditions that allow creatures to survive. The environment is a term used to describe such circumstances. A derivative of the word environment is the French word ‘environ, ’which means ‘to surround.’ The environment is made up of all biotic (living) and abiotic (nonliving) things. Plants, animals, human beings,and insects are examples of biotic components.They are classified as biological environmental components. Every living thing has a predetermined life cycle. The human being, for example, is the most powerful living entity on the planet. To meet his needs, he requires plants and animals. Without these components, the life of human beings will be disordered. The atmosphere, lithosphere, hydrosphere, and biosphere are all examples of abiotic/physical components. The atmosphere is a gaseous layer containing nitrogen, oxygen, and other gases.The hydrosphere is made up of all the waterbodies, such as rivers and oceans. The lithosphere is the earth’s solid outer shell. It is composed of the crust, covering the earth’s mantle, rocks, and soil. The biosphere, where life exists, is the most essential layer. There are ecosystems in the water, on land, and in the air. All of these species’ lives are predicated on their ongoing interaction with one another. Their functioning is organised by nature, and once spent, it might be eliminated. The destruction of the environment has now become a big issue that humans must address.

5. The reason behind the deterioration of the environment is

(a) God’s punishment
(b) Human beings
(c) Animals
(d) Forests

(a)

(b)

(c)

(d)

None

6. Nature’s biological, physical and natural forces __________ to generate conditions for survival.

(a) Work together

(b) Fight against each other

(d) Congregate

(a)

(b)

(c)

(d)

None

7. Abiotic refers to

(a) All plant forms
(b) All animal forms
(c) Geographical forms
(d) Non-living things

(a)

(b)

(c)

(d)

None

8. All water bodies make up the

(a) Environment
(b) Troposphere
(c) Atmosphere
(d) Hydrosphere

(a)

(b)

(c)

(d)

None

9. Nature organizes the functioning of

(a) Biotic world
(b) Abiotic things
(c) All species
d) The atmosphere

(a)

(b)

(c)

(d)

None

10. “A statement of estimated receipts and expenditures called annual Financial Statement has to be placed before parliament for each financial year.” The above provision has been enshrined in which among the following articles of Constitution of India?

a) Article 110

b) Article 111

c) Article 112

d) Article 113

(a)

(b)

(c)

(d)

None

11. Which one of the following forms the largest share of deficit of Government of India Budget?

a) Primary deficit
b) Fiscal deficit.
c) Budgetary deficit
d) Revenue deficit

(a)

(b)

(c)

(d)

None

12. Fiscal Policy is connected with:

a) Policy of agriculture
b) Public revenue & expenditure
c) Policy of population
d) Policy of industry

(a)

(b)

(c)

(d)

None

13. The actions government should take on its overall expenditure to check inflating forces –

a) Increase expenditure on necessities
b) No change in expenditure
c) Reduce expenditure
d) Increase expenditure

(a)

(b)

(c)

(d)

None

14. Fiscal policy refers to the policy of:

a) Commercial banks
b) Government finance
c) Money authority
d) None of the above

(a)

(b)

(c)

(d)

None

15. Which of the following is the objective of Fiscal Policy?

a) To maintain equilibrium in the Balance of Payments.
b) To promote the economic development of underdeveloped countries.
c) Both (a) and (b)
d) None of the above

(a)

(b)

(c)

(d)

None

16. Which of the following statements is correct about direct taxes?

a) The direct taxes are collected from the income earners
b) The direct taxes are collected from the producers on the goods or services produced by them
c) The direct taxes are collected from the sellers on the goods or services sold by them
d) The direct taxes are collected from the buyers on the goods or services bought by them

(a)

(b)

(c)

(d)

None

17. What is the duration of a financial year?

a) October 1st to Sep
b) April 1st to March 31st
c) January 1st to December 31st
d) None of the above

(a)

(b)

(c)

(d)

None

18. Which of the following statements about the capital budget is correct?

a) The capital budget consists of direct and indirect tax
b) The capital budget consists of capital expenditure and capital receipts
c) The capital budget consists of revenue expenditure and revenue receipts
d) The capital budget consists of direct taxes

(a)

(b)

(c)

(d)

None

19. Choose the incorrect statement

a) In an unbalanced budget, the expenditure is relatively higher than income
b) In an unbalanced budget, the income is greater than the expenditure
c) In an unbalanced budget, the deficit gets covered either by loans or by printing notes
d) None of the above

(a)

(b)

(c)

(d)

None

20. What is the name of the process under which the government liquidates its assets?

a) Disinvestment
b) Monetary expansion
c) Open market operations
d) All of the above

(a)

(b)

(c)

(d)

None

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