UPSC EPFO SOLVED PAPER 2012

The primary object of an adjournment motion is to draw the attention of Lok Sabha to a recent matter of urgent public importance having serious consequences. It is allowed only in Lok Sabha/Legislative Assembly and not in Rajya Sabha/Legislative Council.

Statement 1 is not correct because only in case of Money Bills and constitutional amendment bills the prior consent of the President is required for introduction in the Parliament. Statement 2 is correct because Parliament has to operate within the jurisdiction earmarked by the Constitution.

Archaeological studies suggest the theory that the earliest human evolved in the Rift Valley in East Africa. Humans evolved at least 100,000 years earlier than previously thought in Morocco, palaeontropologists have discovered, debunking the theory that the Rift Valley of Ethiopia was the ‘Cradle of Mankind’.

Term ‘Cultural Diffusion’ is used to describe the spread of Buddhism from India through South-East Asia. Cultural Diffusion is the spread of cultural beliefs and social activities from one group of people to another. Through diffusion, horizons are broadened and people become more culturally rich.

The main objective of the Minimum Wages Act, 1948 is to safeguard the interests of the workers engaged in unorganised sector. It is an act of Parliament concerning Indian labour law that sets the minimum wages that must be paid to skilled and unskilled labours. This act gave both the Central Government and State Governments jurisdiction in fixing wages.

Market price tends to be equal to normal price, it expresses the relation between normal price and market price. Market price is that price which prevails in a market on a single day or on very few days. It is a very short-period price which prevails at a particular time. On the other hand, normal price is that price which tends to prevail in the long-run. It is a price which has a tendency to prevail over a period of time.

Both the given statements are correct, because heritage is that which has been or may be inherited. Heritage is anything given or received to be a proper possession. Heritage is a feature belonging to the culture of a particular society, such as traditions, languages, or buildings, that were created in the past and still have historical importance.

Bancassurance is a relationship between a bank and an insurance company that is aimed at offering insurance products or insurance benefits to the bank’s customers. In this partnership and bank staff become the point of sale and point of contact for the customer.

In economics, inflation is a sustained increase in the general price level of goods and services in an economy over a period of time. Inflation can be controlled by reduction in public expenditure. In fiscal policy, the government controls inflation either by reducing private spending or by decreasing government expenditure, or by using both. It reduces private spending by increasing taxes on private businesses. When private spending is more, the government reduces its expenditure to control inflation.

Both the given statements are correct, because it is true that by the early 19th century British carried out detailed survey in order to know the topography, the soil quality, the flora, the fauna, the logical histories and the cropping pattern, to exploit the resources available in India for their benefit.