National Law University, New Delhi
All India Law Entrance Test (AILET) 2012
SECTION – B : GENERAL KNOWLEDGE
36. What is the sequence in which the Indian economy has undergone the process of convertibility?
I. Rupee floated on trade account
II. Part convertibility under a dual exchange rate system
III. Introduction of exim scrips
IV. Rupee made convertible on current account
(A) I, II, III, IV
(B) II, I, III, IV
(C) III, II, I, IV
(D) IV, I, II, III
37. Which of the following currency exchange rate mechanisms has been adopted by India?
(A) Free Float
(B) Managed Float
(C) Floating with a Band
(D) Fixed-but-Adjustable
38. The national income estimates of India are prepared by
(A) Ministry of Finance
(B) National Sample Survey
(C) Central Statistical Organisation
(D) Indian Statistical Institute
39. The ‘Year of Great Divide’ refers to
(A) rapid growth rate in population after 1921
(B) the declining sex ratio after 1921
(C) the slow down in death rate after 1921
(D) all of the above
40. Aurorae are a result of the interaction of earth’s magnetosphere with
(A) the solar wind
(B) the ozone layer
(C) radio waves
(D) none of the above
41. You are standing in a lift. The force on the floor of the lift due to your weight will
(A) become zero when the lift moves up with an acceleration of 9.8 m/s2
(B) become zero when the lift moves down with an acceleration of 9.8 m/s2
(C) become zero when the lift moves with an acceleration of 9.8 m/s2 in any direction
(D) remain unchanged whatever be the value of acceleration of the lift
42. What happens to the level of mercury in a barometer tube when it is taken down a coal mine? It