Solve All EPFO 2016 Questions Online and Download Your Answer PDF
Prepare for the EPFO exam effectively with the EPFO 2016 old question paper. This post provides the complete set of questions along with accurate answers and detailed explanations for each question. Whether you want to practice, analyze previous trends, or boost your exam preparation, this solved paper will help you understand the exam pattern, question types, and answer strategies. Download or view the paper online and get ready to score better in your EPFO exams.
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Flashcard Quiz - Page 8 of 17
Question 50
Which one of the following countries is not a member of WTO?
Result
Explanation:
Japan, China, and Russia are all members of the World Trade Organization (WTO). Iran has held observer status for many years but has not completed the accession process to become a full member.
Question 51
A StandUp enterprise can be established in 1. farming sector 2. manufacturing sector 3. service sector 4. trading sector
Result
Explanation:
The Stand-Up India scheme aims to promote entrepreneurship among women and scheduled castes/tribes. It facilitates bank loans for setting up new enterprises in the manufacturing, services, or trading sectors, but not in the primary farming sector.
Question 52
Who among the following were conferred with Rajiv Gandhi Khel Ratna Award for the year 2016? 1. Jitu Rai 2. Dipa Karmakar 3. P. V. Sindhu 4. Sakshi Malik
Result
Explanation:
For the first time, the Rajiv Gandhi Khel Ratna Award (now Major Dhyan Chand Khel Ratna Award) was awarded to four athletes in 2016: P. V. Sindhu (Badminton), Sakshi Malik (Wrestling), Dipa Karmakar (Gymnastics), and Jitu Rai (Shooting).
Question 53
ISRO in August 2016 successfully test launched Supersonic Combustion Ramjet (Scramjet) Engine. Which of the following statements with regard to Scramjet Engine is/are correct? 1. It can efficiently operate both in subsonic and supersonic combustor modes. 2. India is the first country to demonstrate the flight testing of a Scramjet Engine.
Result
Explanation:
Both statements are incorrect. 1. Scramjet (Supersonic Combustion Ramjet) engines work only at hypersonic speeds (above Mach 5), using the vehicle's high speed to compress incoming air before combustion. 2. Several countries, including the USA, had successfully tested scramjet engines before India's 2016 demonstration.
Question 54
Startup Hubs are agreed to be set up in 1. IIITs 2. IISERs 3. NITS 4. Central Universities
Result
Explanation:
Under the Startup India initiative, the government planned to establish startup centers and incubators in premier technical and scientific institutions like the Indian Institutes of Technology (IITs), National Institutes of Technology (NITs), Indian Institutes of Information Technology (IIITs), and Indian Institutes of Science Education and Research (IISERs).
Question 55
StandUp India Programme envisages each bank branch to give loan between 10 lakh to 100 lakh 1. to at least one SC/ST borrower 2. to at least one woman borrower 3. to at least one rural unemployed youth borrower
Result
Explanation:
The Stand-Up India scheme's mandate for each bank branch is to finance at least one greenfield project by a Scheduled Caste (SC) or Scheduled Tribe (ST) borrower and at least one by a woman borrower.
Question 56
In case of gold, revenue is recognized in the accounting period in which the gold is
Result
Explanation:
Due to its nature as a highly liquid commodity with a ready and stable market price, revenue from gold mining can be recognized at the point of production (when it is mined), which is an exception to the general principle of recognizing revenue at the point of sale.
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