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DAY 21
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- JUNE 2019 PRELIMS SNIPPETS 0%
- Reactions and Rebellions against British Rule - Early Resistance and 1857 Revolt 0%
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Question 1 of 10
1. Question
2 pointsDamin-i-koh during the 19th century in Indian history generally referred to
Correct
•The Santhals were given land and persuaded to settle in the foothills of Rajmahal. By 1832 a large area of land was demarcated as Damin-i-Koh. This was declared to be the land of the Santhals.
•They were to live within it, practise plough agriculture, and become settled peasants.Incorrect
•The Santhals were given land and persuaded to settle in the foothills of Rajmahal. By 1832 a large area of land was demarcated as Damin-i-Koh. This was declared to be the land of the Santhals.
•They were to live within it, practise plough agriculture, and become settled peasants. -
Question 2 of 10
2. Question
2 pointsConsider the following statements with reference to Deccan revolt
1.Agrarian distress was one of the main reasons for Deccan revolt
2.Deccan Riot Commission reported that level of government revenue demand was the cause of the Deccan revolt.
Select the correct answer using the code given below:Correct
Statement 1: In May and June 1875, peasants of Maharashtra in some parts of Pune and Ahmednagar districts revolted against increasing agrarian distress. The Deccan Riots of 1875 targeted conditions of debt peonage (kamiuti) to moneylenders. The rioters’ specific purpose was to obtain and destroy the bonds, decrees, and other documents in the possession of the moneylenders.
Statement 2 : The Deccan Riots Commission was specifically asked to judge whether the level of government revenue demand was the cause of the revolt. And after presenting all the evidence, the commission reported that the government demand was not the cause of peasant anger. It was the moneylenders who were to blame. This argument is found very frequently in colonial records.
Incorrect
Statement 1: In May and June 1875, peasants of Maharashtra in some parts of Pune and Ahmednagar districts revolted against increasing agrarian distress. The Deccan Riots of 1875 targeted conditions of debt peonage (kamiuti) to moneylenders. The rioters’ specific purpose was to obtain and destroy the bonds, decrees, and other documents in the possession of the moneylenders.
Statement 2 : The Deccan Riots Commission was specifically asked to judge whether the level of government revenue demand was the cause of the revolt. And after presenting all the evidence, the commission reported that the government demand was not the cause of peasant anger. It was the moneylenders who were to blame. This argument is found very frequently in colonial records.
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Question 3 of 10
3. Question
2 pointsArrange the following historical events in chronological order
1.East India Company acquires Diwani of Bengal
2.Santhal rebellion
3.First revenue settlement in the Bombay Deccan
4.Permanent Settlement in Bengal
Select the correct answer using the code given below:Correct
- East India Company acquires Diwani of Bengal 1765
- Permanent Settlement in Bengal 1793
- First revenue settlement in the Bombay Deccan 1818
- Santhal rebellion 1855-56
Incorrect
- East India Company acquires Diwani of Bengal 1765
- Permanent Settlement in Bengal 1793
- First revenue settlement in the Bombay Deccan 1818
- Santhal rebellion 1855-56
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Question 4 of 10
4. Question
2 pointsWith reference to the revolt of 1857, consider the following statements
1.During the uprising religious divisions between Hindus and Muslim were drastically increased.
2.There were no links and communication existed between the sepoys and the rural world of North India during the course of uprising.
Select the correct answer from the code given below:Correct
Statement 1 is not correct: During the uprising religious divisions between Hindus and Muslim were hardly noticeable despite British attempts to create such divisions.
Statement 2 is not correct:
- Close links existed between the sepoys and the rural world of North India. The large majority of the sepoys of the Bengal Army were recruited from the villages of Awadh and eastern Uttar Pradesh.
- The changes that the families of the sepoys saw around them and the threats they perceived were quickly transmitted to the sepoy lines. In turn, the fears of the sepoys about the new cartridge, their grievances about leave, their grouse about the increasing misbehaviour and racial abuse on the part of their white officers were communicated back to the villages.
Incorrect
Statement 1 is not correct: During the uprising religious divisions between Hindus and Muslim were hardly noticeable despite British attempts to create such divisions.
Statement 2 is not correct:
- Close links existed between the sepoys and the rural world of North India. The large majority of the sepoys of the Bengal Army were recruited from the villages of Awadh and eastern Uttar Pradesh.
- The changes that the families of the sepoys saw around them and the threats they perceived were quickly transmitted to the sepoy lines. In turn, the fears of the sepoys about the new cartridge, their grievances about leave, their grouse about the increasing misbehaviour and racial abuse on the part of their white officers were communicated back to the villages.
-
Question 5 of 10
5. Question
2 pointsWhich of the following is/are features of market economy?
1.Profit motive
2.Competition among enterprises
3.Absence of central planning
4.Government regulates prices and wages.
Select the correct answer using the code given below:Correct
Market economy or Free enterprise economy: The main features of this type of economy
- Include private property,
- Freedom of enterprise,
- Profit motive,
- Competition among enterprises,
- Absence of central planning and absence of government interference.
Incorrect
Market economy or Free enterprise economy: The main features of this type of economy
- Include private property,
- Freedom of enterprise,
- Profit motive,
- Competition among enterprises,
- Absence of central planning and absence of government interference.
-
Question 6 of 10
6. Question
2 pointsIn the absence of indirect taxes or subsidies, the sum total of aggregate factor payments in the economy is equal to_
Correct
- In the absence of a government imposing indirect taxes or disbursing subsidies, the value of the total output of final goods or GDP is equal to National Income.
- The production of final goods employs factors such as labour, capital, land and entrepreneurship. In the absence of indirect taxes or subsidies, the total value of the final goods output is disbursed among different factors of production – wages to labour, interest on capital, rent to land etc. Whatever is left over is appropriated by the entrepreneur and is called profit. Thus the sum total of aggregate factor payments in the economy, National Income, is equal to the aggregate value of the output of final goods, GDP.
Incorrect
- In the absence of a government imposing indirect taxes or disbursing subsidies, the value of the total output of final goods or GDP is equal to National Income.
- The production of final goods employs factors such as labour, capital, land and entrepreneurship. In the absence of indirect taxes or subsidies, the total value of the final goods output is disbursed among different factors of production – wages to labour, interest on capital, rent to land etc. Whatever is left over is appropriated by the entrepreneur and is called profit. Thus the sum total of aggregate factor payments in the economy, National Income, is equal to the aggregate value of the output of final goods, GDP.
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Question 7 of 10
7. Question
2 pointsWhich of the following are the limitations of national income Estimation in India
1.Output of non-monetised sector
2.Non availability of data about income of small producers for household Enterprises
3.Unreported illegal income
4.Inflation
Select the correct answer using the code given below:Correct
Limitation of national income Estimation in India
- Non monetised sector
- Lack of occupational specialisation
- Illiteracy
- Non market transactions
- Non availability of data
Incorrect
Limitation of national income Estimation in India
- Non monetised sector
- Lack of occupational specialisation
- Illiteracy
- Non market transactions
- Non availability of data
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Question 8 of 10
8. Question
2 pointsWhich of the following are included in broad money (M3) in India?
1.Currency with the public
2.Demand deposits with banks
3.Time deposits with banks
4.’Other’ deposits with RBI
Select the correct answer using the code given below:Correct
Broad money (M3) includes
- Currency with the public
- Demand deposits with banks
- Time deposits with banks
- ‘Other’ deposits with RBI
Incorrect
Broad money (M3) includes
- Currency with the public
- Demand deposits with banks
- Time deposits with banks
- ‘Other’ deposits with RBI
-
Question 9 of 10
9. Question
2 pointsConsider the following statements with reference to Competition Commission of India
1.It is a statutory body.
2.Chairperson Members are appointed by the Central Government.
3.It aims to establish a robust competitive environment
Select the correct answer from the code given below:Correct
- Competition Commission of India is a statutory body of the Government of India responsible for enforcing The Competition Act, 2002 throughout India and to prevent activities that have an appreciable adverse effect on competition in India.
- It aims to promote and sustain an enabling competition culture through engagement and enforcement that would inspire businesses to be fair, competitive and innovative; enhance consumer welfare; and support economic growth.
- CCI consists of a Chairperson and 6 Members appointed by the Central Government.
Incorrect
- Competition Commission of India is a statutory body of the Government of India responsible for enforcing The Competition Act, 2002 throughout India and to prevent activities that have an appreciable adverse effect on competition in India.
- It aims to promote and sustain an enabling competition culture through engagement and enforcement that would inspire businesses to be fair, competitive and innovative; enhance consumer welfare; and support economic growth.
- CCI consists of a Chairperson and 6 Members appointed by the Central Government.
-
Question 10 of 10
10. Question
2 pointsRecently India signed Tax Information Exchange Agreement (TIEA) with Marshall Islands. Consider the following statements with reference to TIEAs.
1.The OECD is the original proponent of TIEAs.
2.The TIEA is based on domestic standards of tax and exchange of information on request is not possible.
3.TIEAs are not binding instruments.
Select the correct answer from the code given below:Correct
- The OECD is the original proponent of TIEAs. They were developed by its Global Forum Working Group on Effective Exchange of Information to address harmful tax practices.
- The TIEA is based on international standards of tax transparency and exchange of information and enables the sharing of information on request.
- TIEAs are not binding instruments and can be terminated as stipulated in the agreements.
Incorrect
- The OECD is the original proponent of TIEAs. They were developed by its Global Forum Working Group on Effective Exchange of Information to address harmful tax practices.
- The TIEA is based on international standards of tax transparency and exchange of information and enables the sharing of information on request.
- TIEAs are not binding instruments and can be terminated as stipulated in the agreements.
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