SOLVED PAPER 2021 (CDS) (I) (General Awareness)

Total Questions: 120

1. Which one of the following statements is not correct?

Correct Answer: (a) Real GDP is calculated by valuing outputs of different years at common prices.
Solution:Real GDP is calculated by valuing outputs of different years at common prices. Real Gross Domestic product (Real GDP) is an inflation adjusted measure that reflects the value of all goods and services produced by an economy in a given year (expressed in base-year prices) and is often referred to as constant price GDP, inflation-corrected GDP or constant dollar GDP. Real GDP is calculated by dividing nominal GDP over a GDP deflator.

2. The mismatch in the regional or occupational pattern of job vacancies and the pattern of worker availability results in

Correct Answer: (a) Structural unemployment
Solution:Structural unemployment is a category of unemployment caused by differences between the skills possessed by the unemployed population and the jobs available in the market

3. The situation in an economy which is growing slowly along with rapid inflation (rising price level) is called

Correct Answer: (c) Stagflation
Solution:Stagflation or recession-inflation is a situation in which the inflation rate is high, the economic growth rate slows, and unemployment remains steadily high.

4. The increases in private investment spending induced by the increase in Government spending is known as

Correct Answer: (a) Crowding in
Solution:The increase in private investment spending induced by the increase in government spending is known as crowding in. Crowding-in effects explains that if government spending increase, demand for goods and services increase. This situation causes a need for enhancing production capacity of private sector and private sector investments increases.

5. The asset or assets that a borrower pledges in order to guarantee repayment of a loan is called as

Correct Answer: (b) Collateral
Solution:Collateral refers to an asset that a lender accepts as security for a loan. The collateral acts as a form of protection for the lender.

6. The percentage by which the money the borrower pays back exceeds the money that was borrowed is called as

Correct Answer: (b) Nominal interest rate
Solution:The percentage by which the money the borrower pays back exceeds the money that was borrowed is called as Nominal interest rate. It is a interest rate which refers to the interest rate before taking inflation into account.

7. Which one of the following statements about the Gandhi-Irwin Pact of 1931 is correct?

Correct Answer: (d) The Congress agreed to take part in the Second Round Table Conference.
Solution:The second table conference was held in London from 7, September, 1931 to 1st December, 1931 with the participation of Gandhi and the Indian National Congress.

Features of Gandhi-Irwin Pact

  • The Indian National Congress (INC) agreed to take part in the Round Table Conference.
  • The INC would stop the civil disobedience movement.
  • Withdrawal of all ordinances that curbed the activities of the Congress.
  • Withdrawal of all prosecutions except those involving violent crimes.
  • Release of those who were arrested for taking part in the civil disobedience movement.
  • Removal of the salt tax.

8. Who among the following founded the Bhil Seva Mandal in 1922?

Correct Answer: (d) Amritlal Vithaldas Thakkar
Solution:Bhil Seva Mandal was founded by Amritlal Vithaldas Thakkar in 1922. He was popularly known as Thakkar Bapa. He was an Indian social worker who worked for upliftment of tribal people in Gujarat state in India. He became a member of the servants of Indian Society founded by Gopal Krishan Gokhale in 1905. Thakkar established a school for the children of the sweepers of kurla with the help from Ramaji Shinde, a member of the depressed classes mission.

9. In 1911, who among the following introduced a bill in the Imperial Legislative Council for introduction of compulsory and free primary education in India?

Correct Answer: (d) Gopal Krishna Gokhale
Solution:Gopal Krishna Gokhale introduced a bill in the imperial legislative council for introduction of compulsory and free primary education in India. He was a great social reformer and educationist who provided exemplary leadership to India's freedom movement.

10. Which one of the following statements about the Act V of 1843 relating to Slavery in India is correct ?

Correct Answer: (d) The slaves became the owners of the land.
Solution:The Act V of 1843 relating to slavery in India. It denied the masters the use of courts assert their clams on slaves. The Hon'ble court of Directors in 1838 directed that the Govt. of India should lose no time in passing an enactment to the effect of the recommendation just referred to. In 1843, Act V of that year was passed which carried out the original recommendation of law commission. According to Section 4 of the act, which would be penal offence if done to free man shall be equally an offense if done to any person on the pretext of his being in a condition of slavery.