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Privatisation vs Disinvestment and Government of India's Steps in 1991 Economic Crisis

Test your knowledge on privatisation, disinvestment, and the steps taken by the Government of India during the economic crisis of 1991. Determine the correctness of statements related to the ownership of government-owned enterprises and the measures taken to address the crisis.

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Questions and Answers

In India, how are seats in the legislature distributed among political parties?

In proportion to the percentage of votes each party gets

Which system has India adopted for its elections?

First Past the Post (FPTP)

How many States listed have a bicameral legislature in India?

Only five

Why is India considered a secular nation?

<p>It treats every aspect of every religion with equal respect</p> Signup and view all the answers

Which of the following are consumer rights in India?

<p>Right to safety and right to seek redressal</p> Signup and view all the answers

What is a unique feature of India's electoral system?

<p>Use of Electronic Voting Machines (EVMs) in all elections</p> Signup and view all the answers

Which of the following best describes transverse dunes?

<p>Aligned parallel to the wind direction</p> Signup and view all the answers

What geological feature is commonly associated with Karst topography?

<p>Stalactites and stalagmites</p> Signup and view all the answers

Which pair below is correctly matched?

<p>Shivasamudram : Kaveri</p> Signup and view all the answers

What type of agriculture practice is associated with the pair 'Slash and burn'?

<p>Subsistence agriculture</p> Signup and view all the answers

In which country is the pair 'Conuco : Venezuela' correctly matched?

<p>Venezuela</p> Signup and view all the answers

What do Quaternary activities typically involve?

<p>Specialized services and technical skills</p> Signup and view all the answers

Which of the following is a unitary feature of Indian federalism?

<p>Single citizenship</p> Signup and view all the answers

Which statement about Hyderabad's accession to India is correct?

<p>Hyderabad became part of India by signing the Instrument of Accession</p> Signup and view all the answers

In the absence of the Chief Justice of India, who administers the oath to the President of India?

<p>Senior most judge of the Supreme Court</p> Signup and view all the answers

Which statement about the composition of the Constituent Assembly is correct?

<p>Members were directly elected by Indian citizens</p> Signup and view all the answers

Which of the following statements about the Constituent Assembly is correct?

<p>Provinces were allotted seats proportional to their respective population</p> Signup and view all the answers

Which statement regarding Junagarh's incorporation into India is correct?

<p>Junagarh was annexed by India through military action</p> Signup and view all the answers

What is the main difference between privatisation and disinvestment?

<p>Privatisation involves complete withdrawal of ownership by the government, while disinvestment involves partial sale of equity.</p> Signup and view all the answers

Which steps were taken by the Government of India in response to the economic crisis of 1991?

<p>Devaluation of the Indian rupee and abolition of the industrial licensing regime.</p> Signup and view all the answers

How many Central Public Sector Enterprises (CPSE) mentioned are conferred with the Maharatna status?

<p>Only two</p> Signup and view all the answers

Which of the following are classified as 'Non-Tariff Barriers' in international trade?

<p>Customs surcharges and Import quotas</p> Signup and view all the answers

If a government sells only a portion of its equity in a public sector enterprise, what is this process known as?

<p>Disinvestment</p> Signup and view all the answers

In international trade, what purpose do 'Import quotas' serve?

<p>To restrict the quantity of certain goods that can be imported</p> Signup and view all the answers

What event was the 'Red Fort Trial' related to in the Indian freedom struggle?

<p>Indian National Army</p> Signup and view all the answers

In Indian Temples, what does the term 'Amalaka' refer to?

<p>Segmented stone disk on top of the shikhara</p> Signup and view all the answers

Which statements about Swami Dayanand Saraswati are correct?

<p>All three</p> Signup and view all the answers

Rabindranath Tagore renounced his Knighthood in response to which event?

<p>Jallianwala Bagh Massacre</p> Signup and view all the answers

Which statements are correct regarding Mughal Architecture?

<p>1 and 2 only</p> Signup and view all the answers

'Sarais' in Mughal Architecture were primarily used for:

<p>Storing water</p> Signup and view all the answers

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