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Q:

A, B, C hired a car for Rs. 520 and used it for 7, 8 and 11 hours respectively. Hire charges paid by B were :

A) 150 B) 160
C) 170 D) 180
 
Answer & Explanation Answer: B) 160

Explanation:

A : B : C = 7 : 8 : 11.

Hire charges paid by B = Rs. (520 *  8/26) = Rs. 160.

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Filed Under: Partnership

Q:

A and B start a business jointly. A invests Rs. 16,000 for 8 months and B remains in  the business for 4 months, Out of total profit, B claims - of the profit. How much money was contributed by B ?

A) 12000 B) 12800
C) 13000 D) 14500
 
Answer & Explanation Answer: B) 12800

Explanation:

Let the total profit be Rs. x. Then, B = 2x/7 and A = (x - 2x /7) =  5x / 7.

So, A : B = 5x/7 : 2x/7 = 5 : 2.

Let B s capital be Rs. y. Then, (16000 * 8) / ( y * 4) = 5/2  <=> (16000 * 8 * 2) / (5 * 4) = 12800..  

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Filed Under: Partnership

Q:

As the economy develops, the share of the tertiary sector in the GDP

A) Decrease B) Decrease than Increase
C) Increases D) Remain Constant
 
Answer & Explanation Answer: C) Increases

Explanation:
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Filed Under: Indian Economy

Q:

Who wrote a book describing the theory of economic drain of India during British rule

A) Late lajpat rai B) Mahatma Gandhi
C) Jawaharlal nehru D) Dadabhai naoroji
 
Answer & Explanation Answer: D) Dadabhai naoroji

Explanation:
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Filed Under: Indian Economy

Q:

What word will come in middle if all of the following are arranged alphabetically as in a dictionary?

Donkey, Donator, Donjon, Donate, Donative.

A) Donkey B) Donator
C) Donjon D) Donative
 
Answer & Explanation Answer: B) Donator

Explanation:

Donate, Donative, Donator, Donjon, Donkey

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Filed Under: Alphabet Test

Q:

The base year for computation of National Income in India is

A) 1990 - 91 B) 1993 - 94
C) 1999 - 2000 D) 2000 - 01
 
Answer & Explanation Answer: B) 1993 - 94

Explanation:
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Filed Under: Indian Economy

Q:

Which sector of Indian Economy contributes largest to the Gross National Product 

A) Primary sector B) Secondary sector
C) Tertiary sector D) Public Sector
 
Answer & Explanation Answer: C) Tertiary sector

Explanation:
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Filed Under: Indian Economy

Q:

What is the full form of GDP

A) Gross domestic product B) Global domestic Ratio
C) Gross depository revenue D) Global depository receipts
 
Answer & Explanation Answer: A) Gross domestic product

Explanation:

GDP full form is Gross domestic product.

 

It is a measurement of a nation’s overall economic activity. 

GDP is the monetary value of all the finished goods and services produced within a country's borders in a specific time period.

 

gdp_full_form_is1536139309.jpg image

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Filed Under: Indian Economy
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