1) The word demonetise means:
A) To reduce the value of a currency
B) To destroy a currency by shredding
C) To remove the status of legal tender of a currency and remove it from circulation
D) To stop the printing of currency and switch to e-payment
Demonetise is an official act by a government or monetary authority that declares a coin or banknote no longer valid as legal tender. That means people cannot use those notes/coins for payments anymore and they are taken out of circulation.
Option A describes devaluation (reducing the currency’s value relative to others), not demonetisation.
Option B (physically destroying by shredding) might happen later, but shredding is the physical disposal step — it is not the definition of demonetisation itself.
Option D (stopping printing and switching to e-payments) is a policy choice and not the same as removing existing notes’ legal-tender status.
Example: when a government withdraws certain banknotes and requires holders to exchange them at banks because they are no longer legal tender, that action is demonetisation.
Ans) C) To remove the status of legal tender of a currency and remove it from circulation
2)Which is/are true about the members of the Rajya Sabha in India?
(i) Most are elected by the members of the Legislative Assemblies of States
(ii) Some are elected by the members of the Legislative Assemblies of Union Territories
(iii) Some are elected by the members of the Legislative Councils of States
(iv) Some are nominated by the President of India
A) (i) only
B) (ii) only
C) (i), (ii) and (iv) only
D) (i), (ii) and (iii) only
(i) True. The bulk of Rajya Sabha members are elected by the elected members of State Legislative Assemblies (Vidhan Sabhas) through proportional representation by means of the single transferable vote.
(ii) True. Union Territories that have legislatures (for example the National Capital Territory of Delhi and Puducherry) elect their Rajya Sabha members through their legislative assemblies, so some Rajya Sabha members are chosen this way.
(iii) False. Members of State Legislative Councils (Vidhan Parishads) are not part of the electoral college for Rajya Sabha elections. The electors are the elected members of the State Legislative Assembly (Vidhan Sabha), not the Legislative Council.
(iv) True. The President of India nominates a certain number of members (twelve) to the Rajya Sabha for their special knowledge or practical experience in literature, science, art, and social service.
Ans) C) (i), (ii) and (iv) only
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