3546: Which one of the following statements is correct with reference to FEMA in India?
(a) The Foreign Exchange Regulation Act (FERA), was replaced by Foreign Exchange Management Act (FEMA) in the year 2001
(b) FERA was given a sunset clause of one year till 31st May 2002 to enable Enforcement Directorate to complete the investigation of pending issues
(c) Under FEMA, violation of foreign exchange rules has ceased to be a criminal offence
(d) As per the new dispensation, Enforcement Directorate can arrest and prosecute the people for the violation of foreign exchange rules
3547: With what purpose is the Government of India promoting the concept of "Mega Food Parks" ?
1. To provide good infrastructure facilities for the food processing processing industry.
2. To increase the processing of perishable items and reduce wastage.
3. To provide emerging and eco-friendly food processing technologies to entrepreneurs.
Select the correct answer using the codes given below:
(a) 1 only
(b) 1 and 2 only
(c) 2 and 3 only
(d) 1, 2 and 3
3548: Assertion (A):
Minimum wages in India are fixed in accordance with the levels of living and the labour participation ratios.
Reason (R) :
All workers covered by the Minimum Wages Acts are above the poverty line.
Of these statements
(a) Both A and R are true and R is the correct explanation of A
(b) Both A and R are true but R is not the correct explanation of A
(c) A is correct while R is wrong
(d) A is wrong while R is correct
3549: Which one of the following pairs is not correctly matched?
Unit of Indian Railway :Location
(a) Railway Staff College : Vadodra
(b) Central Organization for Railway Electrification :Varanasi
(c) Wheel and Axle Plant : Bangalore
(d) Rail-coach Factory :Kapurthala
3550: The Speaker of the lower house of a State can step down by submitting his resignation to the:
(a) Chief Minister
(b) Governor
(c) Deputy Speaker of the House
(d) President