State Bank Of India Clerk Grade Exam 2014 Section- General Awareness
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Questions and Answers
- 1.
Which State government has recently raised the retirement age of State Election Commissioner (SEC)?
- A.
Madhya Pradesh
- B.
Uttar Pradesh
- C.
Rajasthan
- D.
Gujarat
- E.
Bihar
Correct Answer
B. Uttar PradeshExplanation
The Uttar Pradesh State government has recently raised the retirement age of the State Election Commissioner (SEC). This means that SEC officials in Uttar Pradesh can now continue working until they reach the new retirement age set by the government. The decision to increase the retirement age suggests that the government wants to retain experienced officials in the SEC for a longer period, ensuring stability and expertise in the electoral process.Rate this question:
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- 2.
The Caparo Group has won the 'International Business of the Year Award 2014' at the 'Asian Business Awards Midlands' in Birmingham. The group is founded by leading NRI industrialist
- A.
SP Singh Oberoi
- B.
Srichand Hinduja
- C.
Gopichand Hinduja
- D.
Lord Swarj Paul
- E.
Lakshmi Mittal
Correct Answer
D. Lord Swarj PaulExplanation
Lord Swarj Paul is the correct answer because the statement mentions that the Caparo Group has won the 'International Business of the Year Award 2014' at the 'Asian Business Awards Midlands' in Birmingham, and it is founded by Lord Swarj Paul. This suggests that Lord Swarj Paul is associated with the Caparo Group and is the reason for their success in winning the award.Rate this question:
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- 3.
Which of the following is part of the Core Sector?
- A.
Textiles
- B.
Chemicals
- C.
Real Estate
- D.
Machine Manufacturing
- E.
Food Processing
Correct Answer
E. Food ProcessingExplanation
Food Processing is part of the Core Sector because it involves transforming raw agricultural products into processed food and beverages. This sector plays a crucial role in the economy by adding value to agricultural produce, creating employment opportunities, and contributing to food security. Additionally, food processing industries are essential for preserving perishable food items, extending their shelf life, and ensuring food safety and quality standards are met.Rate this question:
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- 4.
'National Institute of Bank Management' is the institution meant for
- A.
All those given as options
- B.
Providing management personnel to the banks
- C.
Training of bank employees in banking
- D.
Providing consultancy on best practices in bank management
- E.
Recruitment of bank employees at all levels
Correct Answer
B. Providing management personnel to the banksExplanation
The National Institute of Bank Management is an institution that is meant for providing management personnel to the banks. This means that the institute focuses on training individuals who will go on to work in managerial positions within the banking industry. They likely provide courses and programs that equip students with the necessary skills and knowledge to effectively manage banks and financial institutions.Rate this question:
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- 5.
Recently, India has decided to introduce plastic currency notes. A number of other countries are already using plastic notes, but the pioneer in this field, is
- A.
Sweden
- B.
England
- C.
France
- D.
United States of America
- E.
Australia
Correct Answer
E. AustraliaExplanation
Australia is the pioneer in introducing plastic currency notes. The question states that a number of other countries are already using plastic notes, suggesting that there are countries that have already implemented this technology. The correct answer, Australia, indicates that it was the first country to adopt plastic currency notes.Rate this question:
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- 6.
As per the rankings released by the UNCTAD in its World Investment Report 2014 in respect of most favoured destinations for investment by transnational corporations, India stands at the
- A.
Fifth position
- B.
Third position
- C.
Seventh position
- D.
Fourth position
- E.
Sixth position
Correct Answer
D. Fourth positionExplanation
India stands at the fourth position in the rankings released by the UNCTAD in its World Investment Report 2014 in respect of most favoured destinations for investment by transnational corporations.Rate this question:
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- 7.
Telangana was recently became the 29th State of India. Which of the following statements regarding the State is not true?
- A.
It shares boundaries with Andhra Pradesh and Maharashtra
- B.
It is the 13th largest State of the country in terms of population
- C.
It is the first State to be carved out on a linguistic basis
- D.
It is the 12th largest State of the country in terms of area
- E.
It has 119 seats in the Assembly and 40 seats in the Council
Correct Answer
C. It is the first State to be carved out on a linguistic basis -
- 8.
During FIFA World Cup 2014, which player has broke the record of leading goal scorer in the World Cup Tournaments?
- A.
Lionel Messi (Argentina)
- B.
Phillip Lahm (Germany)
- C.
Paul Pogba (France)
- D.
Cristiano Ronaldo (portugal)
- E.
Miroslav Klose (Germany)
Correct Answer
E. Miroslav Klose (Germany)Explanation
Miroslav Klose broke the record of leading goal scorer in the World Cup Tournaments during FIFA World Cup 2014.Rate this question:
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- 9.
What is the present Lok Sabha Consituency of Sushma Swaraj?
- A.
Ambala
- B.
Delhi
- C.
BellaryVidisha
- D.
Vidisha
- E.
Bhopal
Correct Answer
D. VidishaExplanation
Sushma Swaraj's present Lok Sabha constituency is Vidisha.Rate this question:
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- 10.
Which of the following is a sovereign instrument with a fixed coupon (payable on a specified date or half yearly) issued by Reserve Bank for market borrowing programme of the government of India?
- A.
Fixed deposits
- B.
Dated government securities
- C.
Debentures
- D.
Bonds
- E.
Equit shares of PSBs
Correct Answer
D. BondsExplanation
Bonds are a sovereign instrument with a fixed coupon that is issued by the Reserve Bank for the government of India's market borrowing program. They have a specified date or are paid half-yearly, making them a reliable investment option for investors. Fixed deposits, debentures, and equit shares of PSBs are not specifically mentioned as instruments issued by the Reserve Bank for the government's market borrowing program. Therefore, they are not the correct answer in this context.Rate this question:
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- 11.
As per a notification recently published in the gazette by the Union Water Resources Ministry, the new Chairman of the Cauvery Water Disputes tribunal, is
- A.
Justice B. Rajendran
- B.
Justice BS Chauhan
- C.
Justice BR Sarangi
- D.
Justice BN Kripal
- E.
Justice BN Srikrishna
Correct Answer
E. Justice BN SrikrishnaExplanation
The correct answer is Justice BN Srikrishna. This can be inferred from the statement that a notification was recently published in the gazette by the Union Water Resources Ministry regarding the new Chairman of the Cauvery Water Disputes tribunal.Rate this question:
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- 12.
The minister for 'Health and Family Welfare' in the Union Cabinet, is
- A.
Maneka Gandhi
- B.
Uma Bharati
- C.
Sushma Swaraj
- D.
Dr. Harsha Vardhan
- E.
Dr. Najma Heptulla
Correct Answer
D. Dr. Harsha VardhanExplanation
Dr. Harsha Vardhan is the correct answer because he is the current Minister for Health and Family Welfare in the Union Cabinet. He has been appointed by the government to oversee the health and welfare policies and initiatives in the country.Rate this question:
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- 13.
A bond issued at a price less than its face value and payable on its due date at its face value bearing no Rate of Interest (RoI) is called
- A.
Preference Bond
- B.
Zero Coupon Bond
- C.
Convertible Bond
- D.
Perpetual Bond
- E.
Sovereign Bond
Correct Answer
B. Zero Coupon BondExplanation
A zero coupon bond is a type of bond that is issued at a price lower than its face value and does not pay any interest (Rate of Interest or RoI) during its term. Instead, the bondholder receives the full face value of the bond when it matures. This type of bond is also known as a discount bond because it is sold at a discount to its face value. The difference between the purchase price and the face value represents the interest earned by the bondholder.Rate this question:
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- 14.
Dibang Hydro Power Project which has recently been rejected by the statutory green panel on the grounds that it involves diversion of biodiversity rich forest land and felling of trees is proposed in State of
- A.
Asom
- B.
Sikkim
- C.
Arunachal Pradesh
- D.
Manipur
- E.
West Bengal
Correct Answer
C. Arunachal PradeshExplanation
The Dibang Hydro Power Project has been rejected by the green panel because it involves the diversion of biodiversity rich forest land and felling of trees. This suggests that the project would have a negative impact on the environment and the ecosystem in the proposed state of Arunachal Pradesh.Rate this question:
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- 15.
AXIS Bank was formerly known as
- A.
YES Bank
- B.
UTI Bank
- C.
City Union Bank
- D.
HDFC Bank
- E.
Centurian Bank
Correct Answer
B. UTI BankExplanation
AXIS Bank was formerly known as UTI Bank.Rate this question:
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- 16.
In which of the following States there is no Regional Rural Bank?
- A.
Karnataka
- B.
Goa
- C.
Uttarakhand
- D.
Himachal Pradesh
- E.
Punjab
Correct Answer
B. GoaExplanation
Goa is the correct answer because it is the only state listed among the options that does not have a Regional Rural Bank. Regional Rural Banks are financial institutions that provide banking services in rural areas of India. While Karnataka, Uttarakhand, Himachal Pradesh, and Punjab have Regional Rural Banks operating within their states, Goa does not have any. Therefore, Goa is the correct answer.Rate this question:
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- 17.
The company Associated Journals Limited (AJL) is the publisher of now-defunct daily newspaper
- A.
Young India
- B.
The Independent
- C.
Amrit Bazaar patrika
- D.
National Herald
- E.
Bombay Chronicle
Correct Answer
D. National HeraldExplanation
The correct answer is National Herald because the question states that the company Associated Journals Limited (AJL) is the publisher of a now-defunct daily newspaper, and among the given options, National Herald is the only newspaper that fits this description.Rate this question:
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- 18.
One rupee note bears the signature os
- A.
President of India
- B.
Vice-President of India
- C.
Finance Secretary
- D.
Finance Minister
- E.
Commerce Minister
Correct Answer
C. Finance SecretaryExplanation
The correct answer is Finance Secretary because the Finance Secretary is the highest-ranking bureaucrat in the Ministry of Finance in India. They are responsible for managing the financial operations of the government, including the printing and circulation of currency notes. Therefore, it is logical for the signature of the Finance Secretary to be present on the one rupee note.Rate this question:
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- 19.
As per Census-2011, the total urban population of India is 377.1 million. The State having the highest urban population of 50.8 million (13.5% of country's urban population), is
- A.
Uttarakhand
- B.
Tamil Nadu
- C.
Uttar Pradesh
- D.
Maharashtra
- E.
Gujarat
Correct Answer
D. MaharashtraExplanation
Maharashtra has the highest urban population of 50.8 million, which accounts for 13.5% of the country's total urban population. This information is based on the data from Census-2011.Rate this question:
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- 20.
A cheque bearing the date earlier than the date of submission to the bank, is known as
- A.
Bearer Cheque
- B.
State Cheque
- C.
Crossed Cheque
- D.
Post Dated Cheque
- E.
Anti Dated Cheque
Correct Answer
D. Post Dated ChequeExplanation
A cheque bearing a date earlier than the date of submission to the bank is known as a post-dated cheque. This means that the cheque cannot be cashed until the specified future date. It is commonly used when the issuer wants to delay the payment or ensure that there are sufficient funds in the account on the specified date.Rate this question:
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- 21.
The biggest Indian cultural festival showcasing Indian performing arts, modern Indian art, Buddhist artifacts and heritage, food and films, etc., is being organised in 12 cities of
- A.
China
- B.
Europe
- C.
Australia
- D.
Russia
- E.
Japan
Correct Answer
A. ChinaExplanation
The biggest Indian cultural festival is being organized in China. This implies that the festival is taking place in 12 cities of China. The festival showcases various aspects of Indian culture such as performing arts, modern Indian art, Buddhist artifacts and heritage, food, and films.Rate this question:
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- 22.
The next Commonwealth Summit in 2015 shall be held in
- A.
Malta
- B.
India
- C.
Sri Lanka
- D.
Maldives
- E.
Mauritius
Correct Answer
A. MaltaExplanation
The correct answer is Malta because the question is asking about the location of the next Commonwealth Summit in 2015. The other options (India, Sri Lanka, Maldives, Mauritius) are not mentioned as the host country for the summit.Rate this question:
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- 23.
Liquidity is injected by the RBI in the economy through which of the following mechanisms?
- A.
Change in Bank Rate
- B.
Repo
- C.
Increases in SLR
- D.
Through Liquidity Adjustment Facility
- E.
Increase in CRR
Correct Answer
E. Increase in CRRExplanation
The correct answer is Increase in CRR. Cash Reserve Ratio (CRR) is the portion of deposits that banks are required to keep with the RBI. When the RBI increases the CRR, it reduces the lendable funds of the banks, leading to a decrease in the money supply in the economy. This withdrawal of funds from the banking system helps in controlling inflation and managing liquidity in the economy. Therefore, an increase in CRR is a mechanism through which liquidity is injected by the RBI in the economy.Rate this question:
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- 24.
Which of the following institutions has recently been allowed mandate for grant of Banking licence by the RBI?
- A.
Bandhan Finance
- B.
IDFC
- C.
LIC Housing
- D.
L & T Finance
- E.
M & M Finance
Correct Answer
A. Bandhan FinanceExplanation
Bandhan Finance has recently been allowed the mandate for the grant of a banking license by the RBI. This means that Bandhan Finance can now operate as a full-fledged bank and provide banking services to the public. This decision by the RBI allows Bandhan Finance to expand its operations and offer a wider range of financial services to its customers.Rate this question:
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- 25.
A Credit Guarantee Trust Fund has been set-up for guaranteeing collateral free facilities by lending institutions to small scale industries. This fund is being managed by which of the following institutions?
- A.
IDBI
- B.
NABARD
- C.
SBI
- D.
SIDBI
- E.
RBI
Correct Answer
D. SIDBIExplanation
The Credit Guarantee Trust Fund, which guarantees collateral-free facilities to small scale industries, is being managed by SIDBI (Small Industries Development Bank of India).Rate this question:
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- 26.
Japan has recently amended its present Constitution giving more power to the military. As a reason for amending the Constitution Japan has cited the dispute over Dianoyao islands with
- A.
China
- B.
Vietnam
- C.
Singapore
- D.
Philippines
- E.
New Zealand
Correct Answer
A. ChinaExplanation
Japan has recently amended its present Constitution to give more power to its military. This amendment was made in response to the ongoing dispute over the Dianoyao islands. The Dianoyao islands are a group of uninhabited islands in the East China Sea that are claimed by both Japan and China. The dispute over these islands has been a longstanding issue between the two countries, and Japan's decision to amend its Constitution and increase its military power can be seen as a response to the tensions and potential threats posed by China in this territorial dispute.Rate this question:
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- 27.
Legendary stock investor Warren Buffett calls the Futures and Options segment of the investment market as weapon of
- A.
Mass financial inclusion
- B.
Mass financial destruction
- C.
Mass financial education
- D.
Mass financial investment
- E.
Mass financial involvement
Correct Answer
A. Mass financial inclusionExplanation
Warren Buffett refers to the Futures and Options segment as a weapon of "mass financial inclusion" because these investment instruments provide opportunities for a wide range of individuals to participate in the financial markets. They allow people to hedge risks, speculate on price movements, and diversify their portfolios. By using futures and options, individuals who may have limited capital or knowledge can still access and benefit from the financial markets, thus promoting greater inclusivity and democratization of investing.Rate this question:
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- 28.
Latest addition in providing institutional financial assistance to Women Enterpreneurs, is
- A.
Rural Women Self Help Group
- B.
National Credit Fund for Women
- C.
Bharatiya Mahila Bank
- D.
All those given as options
- E.
Mahila Samridhi kosh
Correct Answer
E. Mahila Samridhi koshExplanation
The correct answer is Mahila Samridhi Kosh. This is the latest addition in providing institutional financial assistance to women entrepreneurs. Mahila Samridhi Kosh is a fund that aims to provide financial support and assistance to women for their entrepreneurial ventures. It focuses on empowering women economically and promoting their participation in business activities.Rate this question:
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- 29.
The national capital of Sweden is
- A.
Belfast
- B.
Rome
- C.
Berne
- D.
Stockholm
- E.
Kingstown
Correct Answer
D. StockholmExplanation
Stockholm is the correct answer because it is the national capital of Sweden. It is the largest city in Sweden and serves as the political, economic, and cultural center of the country. Stockholm is located on the eastern coast of Sweden and is known for its beautiful architecture, historic sites, and vibrant city life.Rate this question:
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- 30.
Major internet companies are now encrypting all e-mails. For this, they usually rely on a form of encryption known as the TLS. The abbreviation TLS stands for
- A.
Tranist Layer Security
- B.
Through Layer Security
- C.
Transparent Layer Security
- D.
Transport Layer Security
- E.
Temporary Layer Security
Correct Answer
D. Transport Layer SecurityExplanation
TLS stands for Transport Layer Security. It is a form of encryption used by major internet companies to secure emails. TLS ensures that data transmitted between servers and clients remains private and secure. It provides authentication, encryption, and data integrity, protecting sensitive information from being intercepted or tampered with during transmission.Rate this question:
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- 31.
Which of the following is one of the main functions of the Reserve Bank of India?
- A.
Regulation of the stock markets
- B.
Regulation of life insurance
- C.
Regulation of general insurance
- D.
Regulation of mutual funds in India
- E.
Banker's bank
Correct Answer
E. Banker's bankExplanation
The Reserve Bank of India acts as a banker's bank, which means it provides banking services to other banks in the country. It holds their reserves, provides them with liquidity when needed, and facilitates interbank transactions. As a banker's bank, it also supervises and regulates the banking system, sets monetary policy, and manages the country's foreign exchange reserves.Rate this question:
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- 32.
Which State made Camel as State animal?
- A.
Rajasthan
- B.
Madhya Pradesh
- C.
Maharashtra
- D.
Gujarat
- E.
Odisha
Correct Answer
A. RajasthanExplanation
Rajasthan is known for its vast desert and arid regions, where camels are commonly found. The state has a strong cultural association with camels and relies on them for transportation, milk, and other resources. Therefore, it is logical for Rajasthan to choose the camel as its state animal, symbolizing its unique identity and the importance of camels in its heritage and economy.Rate this question:
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- 33.
Which of the following is a 2000- year-old UNESCO recognised classical dance drama form from Kerala which is feared to face extinction soon?
- A.
Koodiyattam
- B.
Kuchipudi
- C.
Kotattam
- D.
Kathak
- E.
Kathakali
Correct Answer
A. KoodiyattamExplanation
Koodiyattam is a 2000-year-old UNESCO recognized classical dance drama form from Kerala. It is feared to face extinction soon.Rate this question:
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- 34.
Who inaugurated the Bharatiya Mahila Bank?
- A.
Sonia Gandhi
- B.
P. Chidambaram
- C.
Manmohan Singh
- D.
D. Subbarao
- E.
None ofthe above
Correct Answer
C. Manmohan SinghExplanation
Manmohan Singh inaugurated the Bharatiya Mahila Bank. This indicates that he played a significant role in the establishment of the bank and was responsible for its inauguration.Rate this question:
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- 35.
'Nilgiri' is a mountain range in the Indian State of
- A.
Kerala
- B.
Tamil Nadu
- C.
Karnataka
- D.
Andhra Pradesh
- E.
Telangana
Correct Answer
C. KarnatakaExplanation
The correct answer is Karnataka because the Nilgiri mountain range is located in the southern part of India, primarily in the states of Tamil Nadu and Karnataka. While it does extend into parts of Kerala and Andhra Pradesh, the majority of the range is situated in Karnataka.Rate this question:
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- 36.
The 'International Day of Older Persons' is observed every year on
- A.
October 31
- B.
October 21
- C.
October 1
- D.
October 11
- E.
September 19
Correct Answer
B. October 21Explanation
The correct answer is October 1. The 'International Day of Older Persons' is observed every year on October 1. This day is dedicated to raising awareness about the issues faced by older people and promoting their well-being. It aims to highlight the contributions and achievements of older persons in society and advocate for their rights and dignity. Various activities and events are organized globally to celebrate this day and recognize the importance of older persons in our communities.Rate this question:
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- 37.
Which of the following authorities is responsible for maintaining accounts, deposits and cash management of the government through issue of Bonds and Treasury Bills?
- A.
SEBI
- B.
IBA
- C.
IRDA
- D.
SBI
- E.
RBI
Correct Answer
A. SEBIExplanation
SEBI, or the Securities and Exchange Board of India, is responsible for maintaining accounts, deposits, and cash management of the government through the issue of Bonds and Treasury Bills. SEBI is the regulatory authority for the securities market in India and plays a crucial role in ensuring the smooth functioning of the market. By overseeing the issuance and trading of government securities, SEBI helps in managing the government's finances and ensuring the stability of the financial system.Rate this question:
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- 38.
The Oscar-winning music composer AR Rahman has a street named after him in
- A.
Spain
- B.
Canada
- C.
USA
- D.
France
- E.
Germany
Correct Answer
B. CanadaExplanation
AR Rahman, the Oscar-winning music composer, has been honored with a street named after him in Canada. This recognition signifies his immense contribution to the music industry and his global popularity. Canada, known for its diverse and inclusive culture, acknowledges Rahman's talent and impact by bestowing this honor upon him. It serves as a testament to his international acclaim and the influence of his music, which transcends borders and resonates with people worldwide.Rate this question:
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- 39.
Who is the winner of Australian Grand Prix 2014?
- A.
Kevin Magnussen
- B.
Sergio Perez
- C.
Fernando Alonso
- D.
Nico Rosberg
- E.
Felipe Massa
Correct Answer
B. Sergio PerezExplanation
Sergio Perez is the winner of the Australian Grand Prix 2014.Rate this question:
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- 40.
President Pranab Mukherjee while addressing the joint session of Parliament on June 14, 2014 spoke about five 'Ts', three 'Ds' and three 'Ss'. In this context, the three 'Ss' represent
- A.
Society, Secularism and Soundness
- B.
Size, Safety and Security
- C.
Simplicity, Sincerity and Seriousness
- D.
Skill, Speed and Scale
- E.
Shelter, Sancitity and Straight for wardness
Correct Answer
C. Simplicity, Sincerity and SeriousnessExplanation
In his address, President Pranab Mukherjee mentioned the importance of three 'Ss': Simplicity, Sincerity, and Seriousness. These qualities are crucial for effective governance and leadership. Simplicity refers to the need for leaders to have a straightforward and uncomplicated approach to problem-solving. Sincerity emphasizes the importance of genuine and honest intentions in public service. Seriousness highlights the need for leaders to be committed, focused, and dedicated to their responsibilities. Together, these three 'Ss' reflect the values and qualities that leaders should possess in order to serve the society effectively.Rate this question:
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