General Knowledge

The Baumol-Tobin model (1950s) explains the transaction demand for money and its inverse relationship with interest rates. When interest rates rise, holding cash becomes more expensive (opportunity cost), so people hold less cash for transactions. Keynes discussed money demand but didn't formalize this specific inventory-theoretic approach; Marshall focused on Cambridge cash-balance theory.

STPI stands for Software Technology Park of India, established to promote software exports from India. It provides infrastructure and statutory services to software exporters.

Ranbir Singh Hooda was indeed Bhupinder Singh Hooda's father, a former parliamentarian, and at his death was among the last surviving members of the Constituent Assembly. All three statements in options A, B, and C are correct.

The Yellow Revolution refers to the dramatic increase in oilseed production in India during the 1990s. It aimed to reduce India's dependence on imported edible oils and achieve self-sufficiency.

Himachal Pradesh implemented a Green Tax to generate revenue for environmental conservation and climate change mitigation efforts. The tax is levied on specific industries and activities that potentially impact the environment.

The Forward Market Commission (FMC) was the regulatory body overseeing commodity exchanges in India. It regulated trading in commodity derivatives and ensured market integrity before being merged with SEBI.

Arun Ramanathan headed the Liquidity Panel, which was constituted to address issues related to liquidity management in the financial system during periods of stress.

ARPANET (Advanced Research Projects Agency Network) was commissioned by the US Department of Defense in 1969. It was the precursor to the modern Internet and pioneered packet-switching technology.

Correct answer is (1).

The Divine Comedy was written by Dante Alighieri in the Italian language during the 14th century. It is considered one of the greatest works of world literature and helped establish Italian as a literary language.

The first Water Institute of India was established in Jaipur, Rajasthan. It focuses on water resource management, conservation, and research to address India's water challenges.

Sanand in Gujarat was in the news because Tata Motors established their manufacturing plant there. The facility became famous as the production site for the Nano car after Tata Motors shifted from West Bengal.

RTGS (Real Time Gross Settlement) is a funds transfer system, not a risk management tool. CRR, SLR, and CAR are prudential norms used by banks for liquidity and capital risk management.

Etymology is the study of the origin and derivation of words. It traces how words have evolved over time and across languages, examining their historical development and relationships.

SARS (Severe Acute Respiratory Syndrome) is a viral respiratory illness caused by a coronavirus. It first emerged in 2002-2003 and can cause severe breathing difficulties and pneumonia. Options A, B, and D describe organizations or social structures, not a medical condition.

After signing the landmark Indo-US nuclear deal in 2008, India entered into a similar nuclear cooperation agreement with France. The India-France nuclear agreement was signed shortly after, opening doors for nuclear trade and cooperation. Australia and Holland were not part of India's initial nuclear partnership agreements.

Nagaland won the UN Public Service Award from the Asia-Pacific region for its community-based management of health and wellness programs. The state was recognized for its innovative public service delivery. Gujarat, Goa, and Haryana did not receive this specific UN recognition.