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What are the answers to questions 35, 36, 37, and 38 regarding ARDC, India's metropolitan population, foreign exchange volatility, and land reforms?
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Here are the answers to the questions:
Question 35: ARDC merged with
A) NABARD
The Agricultural Refinance and Development Corporation (ARDC) was merged with the National Bank for Agriculture and Rural Development (NABARD) when NABARD was established on July 12, 1982.
Question 36: India has around ____ million people living in metropolitan areas as on 2021.
C) 450
While exact figures for "metropolitan areas" can vary by definition, India's total urban population was estimated to be around 490 million in 2021. Among the given options, 450 million is the closest approximation for a significant portion of the population living in major urban centers.
Question 37: Which among the following is most volatile flow of foreign exchange?
C) Foreign Portfolio Investment
Foreign Portfolio Investment (FPI) is generally considered the most volatile flow of foreign exchange because it involves short-term investments in financial assets (like stocks and bonds) that can be quickly bought and sold based on market sentiment, leading to rapid inflows and outflows.
Question 38: Land reforms are mainly associated with:
C) Abolition of intermediaries
In India, land reforms primarily began with the abolition of intermediaries (like Zamindars, Jagirdars, etc.), which was a foundational step to remove the exploitative feudal system and establish a direct relationship between the state and the cultivators. Tenancy reforms and land ceilings followed as subsequent measures.
Question 39: Articles ____ and ____ deal with federal relationship between the Union and Governments.
A) 264, 293
Articles 264 to 293 of the Indian Constitution deal with financial relations between the Union and the States. Specifically, Article 264 defines the "Finance Commission," and Article 293 deals with
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