Miscellaneous Indian GkSet 126
Frequently Asked Questions
What is the role of the Preamble in the Indian Constitution?
The Preamble to the Indian Constitution serves as an introductory statement that outlines the fundamental values and guiding principles of the Constitution. It sets the tone for the entire document, emphasizing the principles of justice, liberty, equality, and fraternity.
Which Indian bank was the first to be established?
The first Indian bank to be established was the Bank of Hindustan, founded in 1770. However, it ceased operations in the early 19th century. The oldest continuously operating bank in India is the State Bank of India, which was established in 1806 as the Bank of Calcutta.
What is the significance of the acronym MIBOR in the Indian financial markets?
MIBOR stands for Mumbai Inter-Bank Offered Rate, which is the rate at which banks lend to each other in the money market. It serves as a benchmark for interest rates in the Indian financial system, influencing various financial products and loans.
Which Indian states share a border with China?
The Indian states that share a border with China are Arunachal Pradesh, Sikkim, Uttarakhand, Himachal Pradesh, and Ladakh. These states form part of the disputed border region between India and China.
What historical event is associated with Muhammad-bin-Tughluq's capital shift?
Muhammad-bin-Tughluq, the Sultan of Delhi, shifted the capital from Delhi to Daulatabad (present-day Aurangabad) in 1327. This move was intended to control the Deccan region more effectively but ultimately failed due to logistical and administrative challenges.