1. What are Blue Chips?(a) It is the interest rate paid by a depository institution on the cash on deposit(b) It is the short-term and unsecured promissory note issued by corporations.(c) These are unsurpassed in quality and have a long and stable record of earnings and dividends.(d) It is the money value of all goods and services produced in a country during the year.2. Which of the following are the discretionary powers given to the Governor of a State?
Sending a report to the President of India for imposing the President’s rule
Appointing the Ministers
Reserving certain bills passed by the State Legislature for consideration of the President of India
Making the rules to conduct the business of the State Government
Select the correct answer using the code given below.(a) 1 and 2 only(b) 1 and 3 only(c) 2, 3 and 4 only(d) 1, 2, 3 and 4
3. Ten years ago, P was half of Q's age. If the ratio of their present ages is 3:4, what will be the total of their present ages?(a) 45(b) 30(c) 35(d) 404. Which of the following is not matched?(a) Article 54: Presidential election(b) Article 55: manner of the presidential election(c) Article 60: Procedure for impeachment of the President(d) Article 123: Power of the President to promulgate an ordinance5. Mycorrhizal biotechnology has been used in rehabilitating degraded sites because mycorrhiza enables the plants to
Resist drought and increase absorptive area
Tolerate extremes of PH
Resist disease infestation
Select the correct Solution using the codes given below:(a) 1 only(b) 2 and 3 only(c) 1 and 3 only(d) 1, 2 and 3ANSWERS1. (c) A blue chip is a nationally recognized, well-established, and financially sounds company. Blue-chip companies are known to weather downturns and operate profitably in the face of adverse an economic condition, which helps to contribute to their long record of stable and reliable growth. 2. (b) The governor can use his/her discretionary powers:
When no party gets a clear majority, the governor has the discretion to choose a candidate for the chief minister who will put together a majority coalition as soon as possible.
He can impose president’s rule.
He submits reports on his own to the president or on the direction of the president regarding the affairs of the state.
He can withhold his assent to a bill and send it to the president for his approval.
During emergency rule per Article 353, he can override the advice of the council of ministers if specifically permitted by the president.