65/20

62.

63.

65.

66.

67.

As per Wednesbury principle, which of the following test(s) is applied to determine the

unreasonableness of decisions of the executive authorities ?

i) Whether the decision making authority took into account factors that ought not to have
been taken into account ?

ii) Whether the decision making authority failed to take into account factors that ought to
have been taken into account ?

iii) Whether the decision of the authority is so outrageous in its defiance of logic or of
accepted moral standards that no sensible person who had applied his mind to the
question to be decided could have arrived at such a decision ?

Select the correct answer using the code given below :

A) All the three tests 8) Only i) andii) C) Only i) and iii) 0) Only ii) andiii)

Consider the following statement which is relating to stabilization and structural adjustment

programme of the IMF — World Bank

1) Stabilization which basically implies cutting down fiscal deficit and the rate of growth of
money supply.

2) Domesiic liberalization which consists of relaxing restrictions on production,
investment prices and increasing the role of market signals in guiding resource
allocations.

3) External sector liberalization or relaxing restrictions on international flows of goods,
services, technology and capital.

Which of the statements given above are correct ?

A) 1,2and3 8) 1 and 2 only ©) 2 and 3 only 0) 1 and 3 only
~ Which of the following pairs is not correctly matched ۶

A) WTO - Generally forbids the use of quantitative restrictions in trade

B) IMF - Provide finance to correct disequilibrium in balance of payments

©) 6 — Promotes trade among South Asian countries

D) ASEAN - Economic organisation of all Asian countries

Indian Constitution provides for a Council of Ministers with the Prime Minister as its head to
aid and advise the President in the exercise of his function under which Article ?

A) Article 74 B) Article 75 C) Article 76 D) Article 78
Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGA) came into
force from 276 February 2006 in

A) 500 Notified Districts B) 400 Notified Districts

C) 300 Notified Districts D) 200 Notified Districts

Which of the following steps have been taken by the Govt. of India to improve the working
of the public sector undertaking before the adoption of its new economic policy ?

1) Closure of Sick Units.

2) Nationalization of joint public-private units.

3) National Renewal Fund.

4) Golden shake hand.

The correct answer is

A) 1 4 8( 2 4 C) 3 4 0) 2 3

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