Important MCQs for History NET, IAS, State-SET (KSET, WBSET, MPSET, etc.), GATE, CUET, Olympiads etc. Part 12

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Q. The term Algorithm Trading is often seen in many Economic and Business Newspapers. What does the term imply?

(a) It is a software which makes the trading user friendly.

(b) It is trade between two countries on the basis of a predefined agreement.

(c) It is a name of a new index for trading of stocks.

(d) It is trading practice by usage of advanced mathematical models.

Answer: D

Q. With reference to the administrative reorganization happened after 1858, consider the following statements:

1. Lord Mayo՚s resolution of 1870 emphasized on providing finances to local bodies.

2. Lord Ripon՚s resolution of 1881 - 1882 reduced the strength of elected members in local bodies.

3. Calcutta Corporation Act, 1899. Passed during Lord Curzon՚s tenure emphasized on elections in local bodies.

Which of the statements given above is/are correct?

(a) 1 and 2 only

(b) 1 only

(c) 2 and 3 only

(d) 1,2 and 3

Answer: B

Q. Which of the following statements is correct regarding the Lexi Loci Act of 1850?

(a) It prohibited child marriage below the age of 14.

(b) It extended the prohibition of Sati across all over British India.

(c) It provided right to inherit ancestral property to Hindu converts to Christianity.

(d) It granted the legal recognition to widow՚s marriage.

Answer: D

Q. Consider the following statements about the Battle of Plessey:

1. The English army showed no military superiority in the Battle.

2. As a result of this Battle, the Company received Zamindari rights over some regions.

3. After the battle, the private trade of British merchants ended.

Which of the statements given above is/are correct?

(a) 1 and 2 only

(b) 2 and 3 only

(c) 1 and 3 only

(d) 1,2 and 3

Answer: A

Q. Which of the following acts led to the legislative centralization in the administration of India?

(A) Charter act 1833

(b) Charter act 1813

(c) Charter act 1853

(d) Government of India act 1858

Answer: A

Q. The Roadmap for peace for resolving Israeli- Palestinian conflict was proposed by the Quartet of:

(a) The United States, the European Union. Russia and the United Nations.

(b) The United States, Gulf Cooperation Council, Russia and the European Union.

(c) The United Nations, Gulf Cooperation Council, Israel and Palestine.

(d) The United Nations, NATO, SCO and Gulf Cooperation Council.

Answer: A

Q. With reference to Swiss Challenge method. Related to awarding contracts, consider the following statements:

1. This method can be used to supplement ppp in sectors that are not covered under the ppp framework.

2. Indian island territories will be developed using this method under Sagarmala initiative.

Which of the statements given above is/are correct?

(a) 1 only

(b) 2 only

(c) Both 1 and 2

(d) Neither 1 nor 2

Answer: D

Q. Free trade with Britain led to de- industrialization of India due to which of the following reasons?

1. Free trade was only one sided as Indian goods were still charged heavy levies.

2. Indian hand made goods was at disadvantage competing with machine based British goods.

3. Indian goods were never popular in western market and Indian weavers had thrived only on Indian market.

Select the correct answer using the code given below.

(a) 1 only

(b) 2 and 3 only

(c) 1 and 2 only

(d) 1,2 and 3

Answer: C