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LOK SABHA

The Lok Sabha is composed of representatives of people chosen by direct election on the basis of adult suffrage. The maximum strength of the House envisaged by the Constitution is now 552(530 members to represent States, 20 to represent Union Territories and not more than two members of Anglo-Indian community to be nominated by the President, if, in his opinion, that community is not adequately represented in the House). The total elective membership of the Lok Sabha is distributed among Sates in such a way that the ratio between the number of seats allotted to each State and population of the Sate, is as far as practicable, the same for all States. The Lok Sabha at present consists of 545 members. Of these, 530 members are directly elected for other States and 13 from Union Territories while two are nominated by the President to represent the Anglo-Indian community.

            The term of the Lok Sabha, unless dissolved, is five years form the date appointed for its first meeting. However, while a proclamation of emergency is in operation, this period may be extended by Parliament by law for a period not exceeding one year at a time and not extending in any case, beyond a period of six months after the proclamation has ceased to operate. To get elected to Lok Sabha, candidate should be of 25 years of age. Lok Sabha is the lower house of Parliament. It is also called as the popular house, since the members of this house are directly elected by the people. On the basis of adult franchise. Anyone, who has attained the age of 18 years is entitled to participate in election process. The allocation of seats to the Lok Sabha is made on the basis of population. Himachal Pradesh has got four seats for Lok Sabha.

FINANCIAL INSTITUTIONS AND MARKETS

1.     IFCI : Industrial Financial Corporation of India, is the first term-financing institution.

2.     NIDC : National Industrial development Corporation.

3.     ICICI : Industrial Credit and Investment Corporation of India, was set up as a public company under the sponsorship of the World bank.

4.     IDBI : Industrial Development Bank Of India.

5.     EXIM : Export-Import Bank Of India. Its grants direct loans in India and outside for the purpose of exports and imports, refinances loans of bank and other notified financial institution for purposes of international trade.

6.     IRBI : Industrial Reconstruction Bank of India.

Example :->

Question 1:  European Union on 6 March 2014 froze the assets of Viktor Yanukovych, the ousted Ukrainian leader and other 17 former ministers, businessmen and security chiefs. This decision was taken by the leaders of European Union during an emergency meeting held in ?
A. Brussels
B. Kiev
c. London
D. Paris

Question 2 : The second update of the Annual Health Survey was released on 6 March 2014. In this context, consider the following statement.I. The Annual Health Survey was conducted in all the 284 districts in eight Empowered Action Group (EAG) States.II. EAG States includes Bihar, Jharkhand, Uttar Pradesh, Uttarakhand, Madhya Pradesh, Chhattisgarh, Orissa and Rajasthan.III. Crude Birth Rate (CBR) in urban areas districts is generally higher than that in rural areas.IV. Infant Mortality Rate (IMR) is minimum at 19 in Rudraprayag in Uttarkhand while in Shrawasti in Uttar Pradesh it was maximum at 103.Select the correct code  
A    I, II and IV
B    II, III and IV
C    I, III and IV
D    All of the above

Question 3 : India at Risk is a book written by  
A    Yashwant Sinha
B    Brahma Chellaney
C    Jaswant Singh
D    Y V Reddy