496: Which one of the following statements is correct? "Deccan Odyssey" is:
(a) A book on Chatrapati Shivaji
(b) A warship recently acquired by the Indian Navy
(c) A recently started air service between Mumbai and Colombo
(d) A luxury train which travels through Maharashtra and includes Goa in its journey
497: With reference to the work of human kidney, consider the following statements:
1. After the waste is removed in the kidney, the cleaner blood is sent back through renal artery.
2. From Bowman's capsule, the filtered liquid passes through tiny tubes where much of the glucose is reabsorbed and sent back to the blood in the renal vein.
Which of these statements is/the correct?
(a) Only 1
(b) Only 2
(c) Both 1 and 2
(d) Neither 1 nor 2
498: Deficit financing means
(a) An excess of government's current expenditure over its current revenue
(b) An excess of government expenditures minus borrowings other than those from the RBI
(c) An excess of government's total expenditure over its total revenue
(d) An excess of government revenue over expenditure
499: A great deal of Foreign Direct Investment (FDI) to India comes from Mauritius than from many major and mature economies like UK and France. Why?
(a) India has preference, for certain countries as regards receiving FDI
(b) India has double taxation avoidance agreement with Mauritius
(c) Most citizens of Mauritius have ethnic identity with India and so they feel secure to invest in India
(d) Impending dangers of global climatic change prompt Mauritius to make huge investments in India
500: Zero-Based Budgeting (ZBB) lays emphasis on:
1. Unlimited deficit financing.
2. Preparing new Budget, right from the scratch.
3. Preparing the Budget neglecting history of the expenditure.
(a) 1, 2 & 3
(b) 1 & 3
(c) 2 & 3
(d) 1 & 2