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DAY
SIMPLE INTEREST - POLITY VIX 47

12. A sum of ₹1500 is invested at simple interest for x months. If the

SIMPLE INTEREST rate of interest is 𝒙/𝟗 % per annum, then the sum grows to
₹1580. What is the value of x?
1. A certain sum of money amounts to Rs. 758 in 4 years and to Rs. (a)32 (b)2.4 (c)24 (d)3.2
875 in 6 years. Find the sum.
(a) Rs. 534 (b) Rs. 524 (c) Rs. 624 (d) Rs. 434 13. A sum amounts to ₹14,395.20 at 9.25% p.a. simple interest in 5.4
years. What will be the simple interest on same sum at 8.6% p.a.
2. If the simple interest on Rs. x at a rate of a% for m years is the in 4.5 years?
same as that on Rs. y at a rate of a2% for m2 years, then X : Y is (a)₹3797.76 (b)₹3627 (c)3672 (d)₹3715.20
equal to
1 1 1
14. A borrows a sum of ₹3000 from his friend B on 31 December
(a) m : a (b) am : 1 (c) 𝑚 : 𝑎 (d) 𝑎𝑚 : 1 2011 on the condition that he will return the same after one year
with simple interest at 15%. However, A get into a position of
3. A sum of money will double itself in 16 years at simple interest returning the money on 31 August 2012. How much amount he
with a yearly rate of has to return to B?
1 (a)₹3300 (b)₹3200 (c)₹3310 (d)₹3305
(a) 10% (b) 6 4 % (c) 8% (d) 16%
15. A sum of money becomes double of itself in 50 months when
4. In how many years will a sum of money double itself at 12% per
invested on simple interest. What is the rate of interest per
annum? annum?
(a) 6 years 9 months (b) 8 years 4 months (a)20% (b)25% (c)24% (d)26%
(c) 7 years 6 months (d) 8 years 6 months
16. If the simple interest on a sum of ₹x at 6% p.a. for two years is
5. A sum of Rs. 2600 is lent out in two parts in such a way that the double the simple interest on another sum of ₹y at 9% p.a. for
interest on one part at 10% for 5 years is equal to that on another three years, then which of the following is true?
part at 9% for 6 years. The sum lent out at 10% is (a)𝟑𝒙 = 𝟕𝒚 (b)𝒙 = 𝟒. 𝟓𝒚 (c)𝟐𝒙 = 𝟓𝒚 (d)𝟑𝒙 = 𝟕
(a) Rs. 1150 (b) Rs.1250 (c) Rs. 1350 (d) Rs. 1450
17. Two equal sums are lent at 10% and 8% p.a. on simple interest
6. The rate of interest for the first 2 years is 5% for the next 3 years for ‘t’ years and (t+2) years respectively. Amount received in
is 8% and beyond this. It is 10% per annum. If the simple interest each case is ₹36,900. Each sum is?
for 8 years is Rs. 1280. What is the principal? (a)₹20,200 (b)₹20,500 (c)₹18,100 (d)₹21,500
(a) Rs. 2500 (b)Rs. 2000 (c) Rs. 3200 (d) Rs. 2440 18. A person invested a total of ₹9,000 in three parts at 3%, 4% and
6% per annum on simple interest. At the end of a year, he
7. Kumaran borrowed some money from a bank at 8% p.a. simple
received equal interest in all three cases. The amount invested
interest and lent it to Ashok at 12% p.a. simple interest. If his
at 6% is?
profit in 2 years is Rs. 320. What sum of money did he borrow? (a)₹4,000 (b)₹3,000 (c)₹5,000 (d)₹2,000
(a) Rs. 2000 (b)Rs. 4000 (c) Rs. 6000 (d) Rs. 3000
19. A sum of ₹4,000 amounts to ₹5,008 in three years simple interest
8. Prakash lends a part of Rs.20,000 at 8% simple interest and at the rate of x% per annum. If the interest rate becomes
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remaining at 3 % simple interest. His total income after a year (x+2.6)%, then revised maturity amount will be?
was Rs.800. Find the sum lent at 8%. (a)₹5,330 (b)₹5,420 (c)₹5,200 (d)₹5,320
(a) Rs. 8,000 (b)Rs.12,000 (c) Rs. 6,000 (d) Rs. 10,000 20. A certain sum on simple interest becomes Rs.49,600 in 3 years
and Rs.56,000 in 5 years. If the rate of interest had been 2%
9. Arun lends Rs. 20,000 to two of his friends. He gives Rs. 12,000
more, then in how many years would the sum have doubled?
to the first at 8% p.a. simple interest. Arun wants to make a profit (a) 10 (b) 8 (c) 12 (d) 20
of 10% on the whole. The simple interest rate at which he should
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lend the remaining sum of money to the second friend is 21. A certain sum of money amounts to 4 of itself in 3 years. The rate
(a) 8% (b) 16% (c) 12% (d) 13% percent p.a. is
(a) 25 % (b) 20 % (c) 15% (d) 10 %
10. The rate of simple interest per annum at which a sum of money
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doubles itself in 163 years is: 22. A moneylender lends Rs. 60 and collects Rs. 66 at the end of four
months. The rate of interest p.a. is
(a) 4 (b) 6 (c) 8 (d) 12 (a) 5 % (b) 10 % (c) 20 % (d) 30 %
11. The simple interest on a sum is equal to the sum of itself while 23. Suresh borrowed Rs. 800 at 6 % p.a. and Rs. 1200 at 7 % p.a. for
the rate is same as the number of years for which it is invested. the same duration. He had to pay Rs. 1584 in all as interest. Find
The number of years is equal to? the time period.
(a)8 (b)10 (c)1 (d)5 (a) 10 years (b) 11 years (c) 12 years (d) 13 years

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24. In what time will Rs. 4,000 lent at 3% per annum on simple  The State Information Commission consists of a Chief
interest earn as much interest as Rs. 5,000 will earn in 5 years at Commissioner and the number of Information Commissioners
4% per annum on simple interest? varies from state to state. Who appoints them? –Governor (on
1 1 1 the recommendation of a committee)
(a) 7 2 𝑦𝑒𝑎𝑟𝑠 (b) 7 3 𝑦𝑒𝑎𝑟𝑠 (c) 8 3 𝑦𝑒𝑎𝑟𝑠 (d) 9 years
 The salary, allowances and other service conditions of the Chief
25. A sum of Rs. 8,400 amounts to Rs. 11,046 at 8.75% p.a. simple Information Commissioner are similar to those of the Chief
interest in a certain time. What is the simple interest on the sum Election Commissioner and that of the Information
of Rs. 9,600 at the same rate for the same time? Commissioner are similar to those of an Election Commissioner.
(a) Rs. 3,024 (b) Rs. 2,686 (c) Rs. 3,012 (d) Rs. 2,990
 The Commission's decisions are final and binding, but where can
26. Rishav takes a loan of Rs 10000 from a bank for a period of 2year. its decision be challenged? –In High or Supreme Court
The rate of interest is 12% per annum. Find the amount he has  The Central Information Commission is a highly empowered
to pay at the end of the 2years? independent body, which investigates and resolves complaints
(a) Rs.12400 (b) Rs.12000 (c) Rs.14000 (d) Rs.15000 lodged in it. It is a statutory body.
27. A sum of Rs.1550 was lent partly at 5% and partly at 8% simple  The Central Information Commission has jurisdiction over all the
interest. The total interest received after 3 years is Rs.300. The Central Public Authorities. Where is the headquarters of this
ratio of money lent at 5% to that at 8% is ? commission located? –Delhi
(a) 5:7 (b) 10:9 (c) 16:15 (d) 2:5  The appointment of the Chief Information Commissioner and
other Information Commissioners is recommended by a
28. A certain sum amounts to Rs. 2,300 in 3 years and Rs. 2,500 in 5 committee headed by the Prime Minister that consists of the
years at simple interest. Find the sum and rate of interest. Leader of the Opposition in the Lok Sabha and a Union Minister
(a) Rs. 1200, 6% (b) Rs. 1800, 5% nominated by the Prime Minister. Who appoints these
(c) Rs. 2000, 5% (d) Rs. 500, 6% information commissioners? –President
29. A sum of Rs. 4000 is lent for 5 years at the rate of 15% per  State Chief Information Commissioners and other commissioners
annum. Find the interest. may hold office for five years or 65 years. Can they be
(a) Rs. 3000 (b) Rs. 2000 (c) Rs. 1000 (d) None of these reappointed? –No

30. Varun borrowed some money from a moneylender for 5 years at  If the Commission feels that a Public Information Officer has
16% per annum simple interest. He returned Rs. 14,400 after 5 deliberately harassed or not given information to the petitioner,
years as a full and final payment. What sum of money did he how much fine can the Chief Information Commissioner impose
borrow? on him? –maximum penalty up to 25 thousand rupees
(a) 5000 (b) 6000 (c) 7000 (d) 8000  How many information commissioners are there in the Central
Information Commission in addition to a Chief Information
Simple interest Answer Key Commissioner? –Not more than 10
1) b 2) b 3) b 4) b 5) c 6) b  Can the Chief Information Commissioner or Information
7) b 8) a 9) d 10) b 11) b 12) c Commissioner be a Member of Parliament or a State Legislature?
13) d 14) a 15) c 16) b 17) b 18) d –No
19) d 20) a 21) a 22) d 23) c 24) c  According to Section 13 of the RTI Act 2005, for how many years
25) a 26) a 27) c 28) c 29) a 30) d can the Chief Information Commissioner hold office from the
date on which he assumes office? –Five years

POLITY - IX
CENTRAL AND STATE INFORMATION PANCHAYAT & MUNICIPALITY
COMMISSION
 Who is the head of the district administration, who also acts as
the official agent of the state government? –District Magistrate
 Which Commission was set up by the Central Government under
the Right to Information Act, 2005 through the Official Gazette  Who is the Chairman of District Planning Implementation
Notification in 2005? –Central Information Commission Committee? –Collector
 Which appeal does the Central Information Commission  Who determines the power and responsibility of urban
adjudicate for providing information? –Second Appeal institutions by making laws? –State Legislature
 When the information commissioner of a state is qualified to act  Who decides the law regarding election of the Chairperson of a
as the chief information commissioner of the state, then he, too, Panchayat? –State Legislature
cannot hold the post for more than five years  Who appoints the Acting Officer of the Cantonment Board?
 Wajahat Habibullah was appointed as the first Chief –President
Information Commissioner.  Which Viceroy is called the father of local governance in India?
 There is a provision for the constitution of Central Information –Lord Ripon
Commission in Chapter 3 of the Right to Information Act, 2005.  Which state adopted the three-tier panchayat raj for the first
The constitution of which commission is provided in Chapter 4 of time? –Rajasthan
the Act? –State Information Commission
 Which officer is associated with the state civil service and is a
 The State Information Commission was established in the states gazetted officer responsible for revenue collection and
along with the Central Information Commission under the Right enforcement of law and order in the tehsil? –Tehsildar
to Information Act. When was it established? –in 2005

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 Which new part was included and named 'Panchayat' by the 73rd  Under Article 243I, the Governor constitutes which commission
Constitutional Amendment? –Part-I to review the financial status of Panchayats within one year of
 Which council functions as a basic level administrative unit in the amendment coming into force and every five years
Arunachal Pradesh, Meghalaya, Mizoram and Nagaland? –Tribal thereafter? –Finance Commission
Councils  To study the prevailing Panchayati Raj system and suggest
 Which committee recommended the formation of Nyaya reforms, the Ashok Mehta Committee, constituted in December
Panchayat for villages? –L.M. Singhvi Committee 1977, recommended how many levels of panchayat system in its
 Which committee is mentioned in the 12th schedule of the report submitted in August 1978? –Two-Level Panchayat System
constitution, that will formulate plans for the all-round  There are three types of urban self-government - Nagar
development of the district as a supplementary body of the Panchayat, Municipal Council and Municipal Corporation. What
Planning Commission (Niti Aayog) and forward it to the state is the term for a region that is transitioning from rural setting to
government? –District Planning Committee city area, but has not become a complete city? –Nagar Panchayat
 Which committee constituted in 1986 to give constitutional
 There are eight types of urban local governance in India, such as
identity to Panchayati Raj, recommended the establishment of
Municipal Corporation, Municipality, Notified Area Committee,
Nyaya Panchayat for the village groups, increase the financial
resources of the Gram Panchayat, and establish a tribunal in the Urban Area Committee, Cantonment Board, Township, Port
state to deal with the controversies of the Panchayati Raj Trust, and Special Purpose Agency. When was the first
elections? –L.M. Singhvi Committee municipality established? –1687-88 (Madras)
 Which committee constituted by the Planning Commission in  The tenure of panchayats is five years. Election should be held
1985 for making administrative arrangements for rural before the expiration of a period of six months from the date of
development and poverty alleviation program, in its suggestions, its dissolution. What is the minimum age to become a Panchayat
emphasized the important role of Panchayati Raj Institutions of member? –21 years
district and lower levels in the context of planning,
 The state government can dissolve urban local bodies before the
implementation and inspection of rural development programs?
expiration of their term on the grounds of malpractice or
–GVK Rao Committee
incompetence. However, elections for these bodies have to be
 Which Commission constituted under Article 243Y also reviews compulsorily held within how many months? –6 months
the financial position of municipalities? –Finance Commission
 The State Election Commission is vested with the
 Which article states that a Gram Sabha may exercise such powers
superintendence, direction, and control of the preparation of
and perform such functions at the village level as the Legislature
electoral rolls for, and the conduct of, all elections to the
of a State may, by law, provide? –Article 243 (A)
Panchayats. For this, who appoints a State Election
 Where was the country's first three-tier panchayat inaugurated Commissioner under Article 243T? –Governor
on 2 October 1959? –Nagaur District, Rajasthan
 The provisions of Panchayati Raj system under Article 243 (1) do
 When was a separate ministry of Panchayati Raj formed in India?
not apply to the Hill Area in which state for which District
–2004
Councils exist under any law for the time being in force?
 What is the total number of seats reserved for women in each –Manipur
panchayat level, including the number of seats reserved for
women belonging to scheduled castes and scheduled tribes?  The provisions of Article 243 (1) do not apply even in the
–One-third mountainous areas of Darjeeling district of West Bengal. Which
council exists here? –Darjeeling Gorkha Hill Council
 What is the duration of election of each panchayat directly by the
citizens on the basis of adult suffrage? –Five years  The power to impose taxes by municipalities and the provision
 Under whose chairmanship did the then Prime Minister Rajiv relating to their funds is made in which article? –Article 243
Gandhi constitute a committee in 1988 for the establishment of  The post of District Magistrate in India is said to be parallel to the
local self-government institutions in urban and rural areas in real post of Prefect in which country? –France
sense; that recommended the inclusion of Panchayati Raj
Institutions in the constitution? –P.K. Thungan (Note: The 64th  The Panchayati Raj system in India was duly launched based on
Constitutional Amendment was introduced in the Lok Sabha in the recommendations of which committee? –Balwant Rai Mehta
1989 to provide constitutional recognition to Panchayati Raj, Committee
which was passed by the Lok Sabha but rejected by the Rajya  The Panchayati Raj Act does not apply to Jammu and Kashmir,
Sabha. The bill subsequently lapsed due to dissolution of the Lok Nagaland, Meghalaya, Mizoram and some other special areas,
Sabha.) but Parliament can extend the law if it wants. Which law was
 Under which article is there a provision to reserve elected posts made in this context? –Panchayat (Extension of Scheduled
in urban local institutions for scheduled castes, tribes and Are(a) Act, 1996
backward classes in proportion to their population? –Article
 The Panchayat Provisions (Extension to Scheduled Areas 1996
243T (1)
Act) Bill was introduced on the recommendations of which
 Under the Land Revenue Law and Criminal Procedure Code, a committee? –Bhuria Committee
district is divided into several areas for the convenience of
revenue and administration. What are these areas called?  The essence of 'metropolitan area' is with an area of how much
–Division population, that (this number) can be in one or more districts or
municipalities or panchayats? –More than 10 lakhs
 Under Article 243Y (2), before whom does the Governor lays
down every recommendation made by the Finance Commission  The District Magistrate is linked to the administrative
along with an explanatory memorandum of action taken department of the State Government, the political head of which
thereon? –State Legislature is the Chief Minister. Who is the administrative head? –Chief
Secretary

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 The Balwant Rai Committee suggested a three-tier framework for  How is the elected president of a municipal corporation known
the Panchayat Raj system. What are these three levels? as? –Mayor
–Panchayat at village level, Panchayat or regional committee at
 Each tehsil is divided into several units for the sake of
block level, and Zilla Parishad at district level
convenience in revenue administration, which is called a circle.
 The 73rd Constitutional Amendment Act, 1992 came into The inspector at the first level in the order of revenue
force throughout the country on 24 April 1993. When administration is known as –Zonal Officer
was the 74th Constitutional Amendment Act, 1992 enacted?
–On June 1, 1993  Each state constitutes a district planning committee at the
district level that prepares plans through the panchayats and
 The 64th and 65th Constitutional Amendments for local self-
municipalities of the district. From where are its 4/5 members
government were passed in the Lok Sabha in May 1989 on the
elected? –From the elected members of District Panchayat and
recommendation of the Thungan Committee. However, it could
Municipality
not be passed in the Rajya Sabha. Whose government fulfilled
this dream of Rajiv Gandhi? –Narasimha Rao  Do the provisions of urban self-government apply in the Union
 The 11th Schedule was added as a result of the 73rd Territories like Delhi and Chandigarh? –Yes (Article 243Z(B)
Constitutional Amendment. Panchayati Raj is related to which  Can courts interfere in election related matters of Panchayats
article? –243 to 243O and urban self-government? –No (Article 243ZG)
 Pt. Jawaharlal Nehru started the Community Development  By which name is Zilla Parishad known in Tamil Nadu and
Program in 1952. In which year was the Balwant Rai Mehta Karnataka? –District Development Council
Committee formed to investigate the failure of these programs?
–In the year 1956  By what name is the 73rd Constitutional Amendment Act
celebrated on the day of its implementation across the country
 Part 9A was added by the 74th Constitutional Amendment in (24 April)? –National Panchayat Day
1992 and named 'Municipalities' and the provisions of Articles
243T (243P) to 243YC (243ZG) were incorporated. Which  Articles 243, 243 (A) to 243 (O) under Part I were added to the
schedule was added by this constitution amendment? –12th Constitution. What is the number of articles related to Panchayat
Schedule Raj system? –16 only
 Panchayati Raj system is a subject of the state list. Which article  Article 243 (B) mentions three levels of Panchayat: Gram
of the Indian Constitution mentions the Panchayati Raj system? Panchayat, Panchayat Samiti (intermediate level) and Zilla
–Article 40 Parishad. According to it, Panchayats at the intermediate level
 On which date was Panchayati Raj system launched in Shad may not be constituted in a State having a population not
Nagar development block of Mahbub Nagar district of Andhra exceeding how much? –20 lakhs
Pradesh after Nagaur? –On October 11, 1959  Apart from public participation and political accountability in
 On April 20, 1993, bills related to Panchayati Raj system received development, what is the basic objective of Panchayati Raj
the assent of the President and were assigned the 73rd and 74th system? –Democratic decentralization
Constitutional amendment numbers. When did these two bills  After the enactment of 73rd Constitutional Amendment Act, now
become act? –On 23 April 1993 how many levels of Panchayat exist in each state? – Three levels
 Municipalities are established on a population above three lakhs.
 According to which article, the offices of the Chairpersons in the
Which urban institution is established on a population of more
Panchayats at the village or any other level shall be reserved for
than 10 lakhs? –Municipal Corporation
the Scheduled Castes, the Scheduled Tribes, and women in such
 Maintaining law and order in the district is also a major function manner as the Legislature of a State may, by law, provide?
of the District Magistrate. For this task, he directs and controls –Article 243D (4)
the police force controlled by whom? –District Superintendent
of Police  According to which article, seats will be reserved for Scheduled
Castes and Scheduled Tribes in each Panchayat in proportion to
 In which schedule is the prevention of cruelty to animals and
their population? –Article 243D (1)
slaughter houses mentioned? –12th Schedule
 According to which article, Legislature of a State may, by law,
 In the Government of India Act of 1919, local self-government
was placed under the transferred subjects. Who had the power provide for the representation of the members of the House of
to make laws on it? –Provincial Legislatures the People, the Legislative Assembly of the State, Council of
States and the members of the Legislative Council of the State,
 In 1909, which commission recommended in its report that where they are registered as electors? –Article 243C
'village' should be considered as the basic unit of local self-
government and that in panchayats and municipal areas should  According to Article 243H, which institutions have the power to
be constituted in each village and urban area respectively? levy, collect and appropriate such taxes, duties, tolls, and fees
–Royal Decentralization Commission within their limits? –Panchayats
 In 1882 Lord Ripon proposed local self-government.  According to Article 243E (4), a Panchayat constituted upon the
What is it called in the history of Indian self-government? dissolution of a Panchayat before the expiration of its duration
–Magna Carta shall continue only for –Remainder of the period
 How many items are included in the 12th Schedule, such as city  According to Article 243 T (2), for whom will one third of the seats
planning, land use regulation, construction of roads and bridges, reserved for Scheduled Castes, Tribes and Backward Classes be
water resources, public health, fire services, urban forestry, slum reserved? –For women of these castes
improvement, urban poverty alleviation, animal cruelty
prevention, etc? – 18 items  A division is also divided into several administrative units. Several
forms of tehsil administration, such as revenue land records, are
 How many functions of Panchayat including agriculture, land the primary unit of the treasury. By what other name is it known?
reform, animal husbandry, minor irrigation and education added –Small District
to the eleventh schedule? –29 functions

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