Polity is a very important subject for Railway Recruitment exams and UPSC Exams. SSC CPO Prelims exam is a combination of sections like General Awareness, Reasoning, Quantitative Aptitude, and English. Polity is one of the most important topics in the General Awareness section. SSC CPO Polity Quiz 7 presents the most important questions related Polity section.
6. Which committee recommended the establishment of IRDA?
A. P.N. Mehrotra Committee
B. R.N. Malhotra Committee
C. D.R. Gadgil Committee
D. Rajmannr Committee
Answer: Option B
7. Along with banking services insurance sector contributes about ........percent of GDP of India:
A. 13%
B. 9%
C. 10%
D. 7%
Answer: Option D
8. When was IRDA established?
A. 1965
B. 1954
C. 1999
D. 2001
Answer: Option C
9. Taxes Levied and Collected by the Union but assigned to the States within which they are leviable.
Find out the correct option from below:
I. Taxes on transactions in the stock exchange
II. Tax of sale and purchase of newspapers including advertisements
III. Estate duty in respect of property other than agriculture land
IV. Stamp duty and duties of excise on the medical and toilet preparations
A. Only I & II are correct
B. I,II & III are correct
C. All are correct
D. Only IV & I are correct
Answer: Option B
10. Who is the current IRDA chief?
A. J. Harinarayan
B. Rana Pratap
C. T.S. Vijayan
D. K.T.S. Tulsi