12

AMBITION LAW INSTITUTE

U.P. MOCK TEST - 4
[GK PAPER: INDIAN ECONOMY(GK) + PRE-CONCEPTION AND PRE-NATAL
DIAGNOSTIC TECHNIQUES (PROHIBITION OF SEX SELECTION) ACT, 1994, AND
MEDICAL TERMINATION OF PREGNANCYACT, 1971] ANSWERS & EXPLANATIONS

1. (c) [In a capitalist society the goods produced are distributed among people not on the basis of what
people need but on the basis of Purchasing Power­the ability to buy goods and services.]

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2. (c) [In a socialist society the government decides what goods are to be produced in accordance with the
needs of society. It is assumed that the government knows what is good for the people of the country
and so the desires of individual consumers are not given much importance.]
3. (a)
4. (a) [Mahalanobis: the Architect of Indian Planning]
5. (c) Both (a) & (b)
6. (a) Shashikanta Das
7. (d) about 75 per cent of the country's population
8. (d) high productivity of crops
9.

10.
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(c) [Mankombu Sambasivan Swaminathan is an Indian geneticist and administrator, known for his role in
India's 'Green Revolution'.]
(c) [Marketable surplus refers to the difference between the total output produced by a farmer and his self­
consumption from that output. In other words, it is that portion of the total produce that the farmer sells
in the market.]
11. (a) Direct taxes
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12. (c) [In 2016, the Indian Parliament passed a law, Goods and Services Tax Act 2016, to simplify and
introduce a unified indirect tax system in India. This law came into effect from July 2017.]
13. (a) [Privatisation of the public sector enterprises by selling off part of the equity of PSEs to the public is
known as disinvestment. The purpose of the sale, according to the government, was mainly to improve
financial discipline and facilitate modernisation.]
14. (c) Both (a) & (b)
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15. (b) [While addressing the Constituent Assembly in 1947, Jawaharlal Nehru had said, "This achievement
(Independence) is but a step, an opening of opportunity, to the great triumphs and achievements that
await us… the ending of poverty and ignorance and disease and inequality of opportunity".]
16. (a) Dadabhai Naoroji
17. (d) [The causes of poverty lie in the institutional and social factors that mark the life of the poor. The poor
are deprived of quality education and unable to acquire skills which fetch better incomes. Also access
to health care is denied to the poor.]
18. (a) (1951­56)
19. (c) Mahatma Gandhi National Rural Employment Guarantee Act
20. (c) [In India, the ministries of education at the union and state level, departments of education and various
organisations like National Council of Educational Research and Training (NCERT), University Grants
Commission (UGC) and All India Council of Technical Education (AICTE) facilitate institutions which
come under the education sector.]

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21. (d) All of the above
22. (a) [NABARD came into existence on 12 July 1982 by transferring the agricultural credit functions of RBI
and refinance functions of the then Agricultural Refinance and Development Corporation (ARDC).]
23. (b) R.C. Dutt
24. (a) Adam Smith
25. (a) [Nirpakh Tutej is known as the "Father of Golden Revolution" in India. The golden revolution is related
to honey and horticulture.]
26. (c) Both (a) & (b)

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27. (c) [The service sector, also known as the tertiary sector, is the third tier in the three­sector economy]
28. (d) [Sources of Energy: There are commercial and non­commercial sources of energy. Commercial sources
are coal, petroleum and electricity as they are bought and sold.]
29. (a) [Both commercial and non­commercial sources of energy are known as conventional sources of energy]
30. (c) [There are commercial and non­commercial sources of energy. Commercial sources are coal, petroleum
and electricity as they are bought and sold. Non­commercial sources of energy are fuelwood, agricultural
waste and dried dung.]
31. (c) [Examples of renewable resources are the trees in the forests and the fishes in the ocean. Non­renewable
resources, on the other hand, are those which get exhausted with extraction and use, for example, fossil
fuel]
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32. (c) [The Chipko Movement, which aimed at protecting forests in the Himalayas]
33. (a) [In 2015, the UN formulated 17 Sustainable Development Goals (SDGs) intended to be achieved by
the year 2030.]
34. (a) 0.645
35. (c) Unified Payments Interface
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36. (b) chicken and fish
37. (d) [The Securities and Exchange Board of India was constituted as a non­statutory body on April 12,
1988 through a resolution of the Government of India. The Securities and Exchange Board of India was
established as a statutory body in the year 1992 and the provisions of the Securities and Exchange
Board of India Act, 1992 (15 of 1992) came into force on January 30, 1992.]
38. (b) [The Reserve Bank of India was nationalised with effect from 1st January, 1949 on the basis of the
Reserve Bank of India (Transfer to Public Ownership) Act, 1948. All shares in the capital of the Bank
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were deemed transferred to the Central Government on payment of a suitable compensation.]

39. (b) [Open Market Operations (OMO) means the buying and selling of government securities in the open
market in order to expand or contract the amount of money in the banking system.]
40. (a) [A liquidity adjustment facility (LAF) is a tool used in monetary policy, primarily by the Reserve Bank of
India (RBI) that allows banks to borrow money through repurchase agreements (repos) or to make
loans to the RBI through reverse repo agreements.]
41. (b) Art. 280
42. (a) Sh. N K Singh
43. (a) [The Finance Commission is appointed by the President under Article 280 of the Constitution. As per
the provisions contained in the Finance Commission [Miscellaneous Provisions] Act, 1951]
44. (c) [Government of India constituted a Tax Reforms Committee (TRC) in August, 1991. Tax Reform
Committee is also known as Raj Chelliah Committee.]
45. (a) Justice M B Shah Commission

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46. (d) All of the above
47. (a) Pulapre Balakrishnan
48. (a) West Bengal
49. (a) [Refer https://www.indiabudget.gov.in/]
50. (c) Both (a) & (b)
51. (d) PMKSY: Pradhan Mantri Krishi Sudhar Yojana
52. (a) Jamshedpur
53. (a) USSR

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54. (d) All of the above
55. (d) Pulses
56. (c) Finance Ministry
57. (b) USA
58. (d) All of the above
59. (a) M. Visvesvaraya
60. (c) exported from a country or imported into a country
61. (c) [The Gandhian Plan was put forth by Shriman Narayan Aggarwal in 1944.]
62. (c) [The average shortfall of income of the population below poverty line from the poverty line is called

63.
64.
65.
66.
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(b)
(b)
(a)
(c)
poverty gap.]
Open unemployment
sum of Gross Domestic Product at Market Price and Net Factor Income from abroad
Cash Reserve Ratio
Exports and value of imports of goods of a country in a given period of time
67. (c) [The balance of payments (BoP) record the transactions in goods, services and assets between residents
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of a country with the rest of the world for a specified time period typically a year. There are two main
accounts in the BoP ­ the current account and the capital account]
68. (c) [The market in which national currencies are traded for one another is known as the foreign exchange
market. The major participants in the foreign exchange market are commercial banks, foreign exchange
brokers and other authorised dealers and monetary authorities.]
69. (c) Punjab National Bank
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70. (a) Closed economy

71. (d) all of the above
72. (b) The National Bank for Financing Infrastructure and Development Act, 2021
73. (a) Banking Regulation Act, 1949
74. (d) [The Foreign Exchange Management Act (FEMA) was enacted in 1999 to replace FERA. FEMA
became effective from June 1, 2000.]
75. (a) [NSE was incorporated in 1992. It was recognised as a stock exchange by SEBI in April 1993 and
commenced operations in 1994 with the launch of the wholesale debt market, followed shortly after by
the launch of the cash market segment.]
76. (a) [The services sector is the largest sector of India.]
77. (d) [NITI Aayog's entire gamut of activities can be divided into four main heads: Policy and Programme
Framework, Cooperative Federalism, Monitoring and Evaluation, and Think Tank, & Knowledge and
Innovation Hub]

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78. (c) ["The Fiscal Deficit in 2022­23 is estimated at 6.4 per cent of GDP, which is consistent with the broad
path of fiscal consolidation announced last year to reach a fiscal deficit level below 4.5 per cent by
2025­26".It was announced the Union Minister for Finance and Corporate Affairs Smt. Nirmala
Sitharaman, while presenting the Union Budget 2022­23 in the Parliament ]
79. (b) [The Telecom RegulatoryAuthority of India (TRAI) was, thus, established with effect from 20th February
1997 by an Act of Parliament, called the Telecom Regulatory Authority of India Act, 1997, to regulate
telecom services, including fixation/revision of tariffs for telecom services which were earlier vested in
the Central Government.]

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80. (d) All of the above
81. (c) [The presence of ECO Logo along with ISI Mark on a product indicates that the product meets certain
Environmental criteria along with the Quality requirements as specified in the relevant Indian Standard.]
82. (d) [The Indian Financial System Code is an that is unique for bank branches that offer online money
transfer options. The code is used to identify the bank branch on the National Electronics Funds Transfer
(NEFT) network. This code is mandatory for all online funds transfers, including RTGS, NEFT, and
Immediate Payment Service (IMPS).]
83. (a) [National Electronic Funds Transfer (NEFT) is a nation­wide centralised payment system owned and
operated by the Reserve Bank of India (RBI).]
84. (d) All of the above
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85. (d) [Established in 1927, FICCI is the largest and oldest apex business organisation in India. Its history is
closely interwoven with India's struggle for independence, its industrialization, and its emergence as one
of the most rapidly growing global economies. A non­government, not­for­profit organisation, FICCI is
the voice of India's business and industry.]
86. (c) [Indian Farmers Fertiliser Cooperative Limited, also known as IFFCO, is a multi­state cooperative
society.]
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87. (d) [IFCI Ltd (IFCI) was set up as a Statutory Corporation ("The Industrial Finance Corporation of
India") in 1948 for providing medium and long term finance to industry.. In 1993, after repeal of the
Industrial Finance Corporation Act, IFCI became a Public Limited Company, registered under the
Companies Act, 1956.]
88. (a) [ECO Mark Scheme was instituted by the Government of India for labeling of environment friendly
products. The Scheme is being administered by the Bureau of Indian Standards]
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89. (d) All of the above

90. (d) All of the above
91. (c) Both (a) & (b)
92. (a) Sh. Parameswaran Iyer
93. (c) [Gilt edged market is the market where buying and selling of government securities takes place.]
94. (c) [Fifth Five­Year Plan: It focused on increasing employment and garibi hatao (poverty alleviation)]
95. (a) [12th Five Year Plan of the Government of India (2012­17) was India's last Five Year Plan. It regarded
faster, sustainable and more inclusive growth]
96. (d) [The 'Pradhan Mantri Vaya Vandana Yojana (PMVVY) has been launched by the Government to
protect elderly persons aged 60 years and above against a future fall in their interest income due to
uncertain market conditions, as also to provide social security during old age.]
97. (c) Pradhan Mantri Jan­Dhan Yojana

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98. (d) [The Union Finance & Corporate Affairs Minister Smt. Niramla Sitharaman announced Rs 1.70 Lakh
Crore relief package under Pradhan Mantri Garib Kalyan Yojana for the poor to help them fight the
battle against Corona Virus. The 'Pradhan Mantri Garib Kalyan Package (PMGKP), insurance scheme
for Health Care Workers Fighting COVID­19' has been extended for a further period of 180 days
from 19th April, 2022.]
99. (a) [Form 16/ 16A is the certificate of deduction of tax at source and issued on deduction of tax by the
employer on behalf of the employees. These certificates provide details of TDS / TCS for various
transactions between deductor and deductee. It is mandatory to issue these certificates to Tax Payers.]
100. (a) Revenue Budget

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101. (d) All of the above
102. (d) All of the above
103. (b) Maharatna category
104. (c) Training to Rural Youth for Self Employment
105. (b) RBI
106. (d) [Coins are minted at the four India Government Mints at Mumbai, Alipore(Kolkata),
Saifabad(Hyderabad), Cherlapally (Hyderabad) and NOIDA (UP).]
107. (c) both (a) & (b)
108. (d) [The Ministry of Statistics and Programme Implementation came into existence as an independent
Ministry on 15th October 1999 after the merger of the Department of Statistics and the Department of
TI Programme Implementation.The Ministry of Statistics and Programme Implementation attaches
considerable importance to coverage and quality aspects of statistics released in the country. The Ministry
has two wings, one relating to Statistics and the other relating to Programme Implementation. The
Statistics Wing re­designated as National Statistics Office (NSO) consists of the Central Statistics
Office (CSO) and National Sample Survey Office (NSSO).]
109. (c) Both (a) & (b)
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110. (a) [According to the Human Development Report 2021­22 HDI rank of India is 132nd, among 191
countries]
111. (a) [Official poverty lines were based on the recommendations of the Lakdawala Committee of 1993]
112. (a) [The government has always involved all stakeholders in formulating policy. In view of this, it has been
decided to extend the Foreign Trade Policy 2015­20, valid till Sept 30, 2022 for a further period of six
months, w.e.f. October 1st , 2022.]
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113. (a) [EXIM policy is regulated by the Foreign Trade Development and Regulation. EXIM policy means the
policy relating to exports and imports]
114. (d) [The Government of India set out in their Resolution dated 6 April, 1948 the policy which they proposed
to pursue in the industrial field. The Resolution emphasised the importance to the economy of securing
a continuous increase in production and its equitable distribution, and pointed out that the State must
play of progressively active role in the development of Industries]
115. (c) [Department of Investment and Public Asset Management (DIPAM) deals with all matters relating to
management of Central Government investments in equity including disinvestment of equity in Central
Public Sector Undertakings. The Four major areas of its work relates to Strategic Disinvestment,
Minority Stake Sales, Asset Monetisation and Capital Restructuring.]
116. (c) [All revenues received by Government, loans raised by it, and also its receipts from recoveries of loans
granted by it, form the Consolidated Fund. All expenditure of Government is incurred from the
Consolidated Fund and no amount can be withdrawn from the Fund without authorisation from
Parliament].

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117. (c) [Under Article 112 of the Constitution, a statement of estimated receipts and expenditure of the
Government of India has to be laid before Parliament in respect of every financial year which runs from
1st April to 31st March. This statement titled "Annual Financial Statement" is the main Budget document]
118. (a) Letter of Credit
119. (a) [SWOT Analysis (short for strengths, weaknesses, opportunities, threats) is a business strategy tool to
assess how an organization compares to its competition]
120. (c) Harrod­Domar model with few modifications
121. (c) [Sec. 2(f) the Pre­conception and Pre­natal Diagnostic Techniques (Prohibition of Sex Selection)] Act,

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1994­ "Gynecologist" means a person who possesses a post­graduate qualification in gynecology and
obstetrics]
122. (c) [Sec. 2(k)­ "pre­natal diagnostic test" means ultrasonography or any test or analysis of amniotic fluid,
chorionic villi, blood or any tissue or fluid of a pregnant woman or conceptus conducted to detect
genetic or metabolic disorders or chromosomal abnormalities or congenital anomalies or
haemoglobinopathies or sex­linked diseases]
123. (c) [Preamble: An Act to provide for the prohibition of sex selection, before or after conception, and for
regulation of pre­natal diagnostic techniques for the purposes of detecting genetic abnormalities or me
tabolic disorders or chromosomal abnormalities or certain congenital malformations or sex­linked
disorders and for the prevention of their misuse for sex determination leading to female foeticide and for

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124. (d) [Sec. 3A of the Pre­conception and Pre­natal Diagnostic Techniques (Prohibition of Sex Selection)
Act, 1994­ No person, including a specialist or a team of specialists in the field of infertility, shall
conduct or cause to be conducted or aid in conducting by himself or by any other person, sex selection
on a woman or a man or on both or on any tissue, embryo, conceptus, fluid or gametes derived from
either or both of them]
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125. (b) [Sec. 23(4) of Pre­conception and Pre­natal Diagnostic Techniques (Prohibition of Sex Selection) Act,
1994­ For the removal of doubts, it is hereby provided, that the provisions of sub­section (3) shall not
apply to the woman who was compelled to undergo such diagnostic techniques or such selection]
126. (a) [Sec. 1 of the Pre­conception and Pre­natal Diagnostic Techniques (Prohibition of Sex Selection) Act,
1994]
127. (d) [Sec. 27­ Every offence under this Act shall be cognizable, non­bailable and non­compoundable.]
128. (b) [Sec. 28(1)­ No court shall take cognizance of an offence under this Act except on a complaint made
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by­ (a) the Appropriate Authority concerned, or any officer authorised in this behalf by the Central
Government or State Government, as the case may be, or the Appropriate Authority; or (b) a person
who has given notice of not less than fifteen days in the manner prescribed, to the Appropriate Authority,
of the alleged offence and of his intention to make a complaint to the court.]
129. (c) [Sec. 5(2) of the Act, 1994­ No person including the person conducting pre­natal diagnostic procedures
shall communicate to the pregnant woman concerned or her relatives or any other person the sex of the
foetus by words, signs, or in any other manner.]
130. (b) [Refer: Sec. 1(3)]
131.(d) [Sec. 2(o)­ "sex selection" includes any procedure, technique, test or administration or prescription or
provision of anything for the purpose of ensuring or increasing the probability that an embryo will be of
a particular sex]
132. (a) [Centre for Enquiry into Health and Allied Themes (CEHAT) v. Union of India AIR2001SC2007]
133. (c) [Preamble: It is an Act to provide for the termination of certain pregnancies by registered medical
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practitioners and for matters connected therewith or incidental thereto.]
134. (a) [The Medical Termination of Pregnancy Act, 1971 (34 of 1971) was enacted to provide for the
termination of certain pregnancies by registered medical practitioners and for matters connected therewith
or incidental thereto. The said Act recognised the importance of safe, affordable, accessible abortion
services to women who need to terminate pregnancy under certain specified conditions]
135. (d) [Sec. 2(c)­ "minor" means a person who, under the provisions of the Indian Majority Act, 1875 (9 of
1875), is to be deemed not to have attained his majority]
136. (c) [Sec. 2(e)­ "termination of pregnancy" means a procedure to terminate a pregnancy by using medical or
surgical methods]

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137. (c) [Sec. 2(a)­ "guardian" means a person having the care of the person of a minor or a mentally ill person]
138. (a) 1st April, 1972
139. (b) [Sec. 4 of Medical Termination of Pregnancy Act, 1971 ­ No termination of pregnancy shall be made
in accordance with this Act at any place other than (a) a hospital established or maintained by Government,
or (b) a place for the time being approved for the purpose of this Act by Government or a District Level
Committee constituted by that Government with the Chief Medical Officer or District Health Officer as
the Chairperson of the said Committee: Provided that the District Level Committee shall consist of not
less than three and not more than five members including the Chairperson, as the Government may
specify from time to time.]

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140. (a)

141. (d)
[Sec. 5(3)­ Whoever terminates any pregnancy in a place other than that mentioned in section 4, shall
be punishable with rigorous imprisonment for a term which shall not be less than two years but which
may extend to seven years]
[Sec. 3(2D) of Medical Termination of Pregnancy Act, 1971 ­ The Medical Board shall consist of the
following, namely:­­ (a) a Gynaecologist; (b) a Paediatrician; (c) a Radiologist or Sonologist; and (d)
such other number of members as may be notified in the Official Gazette by the State Government or
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Union territory, as the case may be."]
142. (d) [Sec. 5A(1) ­ No registered medical practitioner shall reveal the name and other particulars of a woman
whose pregnancy has been terminated under this Act except to a person authorised by any law for the
time being in force]
143. (a) [Sec. 8­ No suit or other legal proceedings shall lie against any registered medical practitioner for any
damage caused or likely to be caused by anything which is in good faith done or intended to be done
under this Act.]
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144. (c) [Sec. 7(1) and Sec. 6(1)]

145. (a) [Suchita Srivastava and Ors. vs. Chandigarh Administration AIR2010SC235­ There is no doubt that a
woman's right to make reproductive choices is also a dimension of 'personal liberty' as understood
under Article 21 of the Constitution of India. It is important to recognise that reproductive choices can
be exercised to procreate as well as to abstain from procreating.]
146. (a) True
147. (a) Sec. 16
148. (c) Both (a) & (b)
149. (d) [Medical Termination of Pregnancy (Amendment) Act, 2021 to come into force on September 24,
2021]
150. (c) [X vs. The Principal Secretary, Health and Family Welfare Department and Ors. Special Leave Petition
(Civil) No. 12612 of 2022]

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