National Law School of Indian University (NLSIU) 2008 COMMON LAW ADMISSION TEST (CLAT) - , , ngalore - Question Paper

38. Bona fide
(a) identification card (b) without doubt
(c) in good faith (d) indispensable condition

39. Status quo
(a) legally valid (b) current condition (c) social position (d) side remarks

40. De jure
(a) here and there (b) as per law (c) small details (d) in the identical place

part - II: GENERAL KNOWLEDGE

Instructions: From the 4 answers, shade the most improper ans in the space given for it on the OMR ans sheet.

Marks: Each ques. carries 1/2 (half) mark. (Total 50 marks)

41. The Supreme Court of India upheld the decision to implement the quota for other backward classes (OBCs) in higher educational institutions. The court, however, excluded the "creamy layer" from being a beneficiary. The cause is:
(a) Creamy layer is not an OBC; it is a forward caste
(b) Creamy layer is politically powerful
(c) It can complete with others on equal footing
(d) The inclusion of creamy layer would be unjust

42. Hegde fund is a fund
(a) used for absorbing inflation
(b) used for cushioning health risks
(c) applied to minimize the risk of financial market transactions
(d) applied for absorbing the risk in commodity trading

43. What does strong Rupee as against the dollar mean to India?
(a) There is a Balance of Payments surplus
(b) Indian economy is globally respected
(b) It is a sign of economic buoyancy
(d) Income from exports is falling

44. Name the recent State which declared independence in 2008
(a) Serbia (b) Kosovo (c) Kurdistan (d) Tibet
45. Name the Finance Minister who presented the highest number of Budgets in the Parliament so far:
(a) P. Chidambaram
(b) Morarji Desai
(c) Manmohan Singh
(d) T.T. Krishnamachari

46. Who is the Chairman of 13th Finance Commission constituted in 2007?
(a) Vijay Kelkar (b) C. Rangrajan (c) Ashok Lahiri (d) K.C.Pant

47. Indo-U.S. nuclear deal was opposed in Parliament mainly because
(a) all Indian nuclear reactors would fall under American supervision
(b) Nuclear energy sector will be dominated by American corporations

Earning:   Approval pending.