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Q:

Simran started a software business by investing Rs. 50,000. After six months, Nanda joined her with a capital of Rs. 80,000. After 3 years, they earned a profit of Rs. 24,500. What was Simran's share in the profit ?

A) 10110 B) 10500
C) 12000 D) 13000
 
Answer & Explanation Answer: B) 10500

Explanation:

Simran : Nanda = (50000 * 36) : (80000 * 30) = 3 : 4.

Simran's share = Rs. ( 24500 * 3/7)  =  Rs. 10500.

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Filed Under: Partnership

Q:

Which of the following is definitelyy a major indication of the state of the economy of the country

A) rate of GDP growth B) rate of inflation
C) number of banks in a country D) stock of food grains in a country
 
Answer & Explanation Answer: A) rate of GDP growth

Explanation:
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Filed Under: Indian Economy

Q:

National Income based on the 

A) total revenue of the state B) production of goods and services
C) net profit earned and expenditure made by the state D) the sum of all fractions of income
 
Answer & Explanation Answer: B) production of goods and services

Explanation:
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Filed Under: Indian Economy

Q:

Net National product of a country is

A) GDP minus depreciation allowances B) GDP plus net income from abroad
C) GNP minus net income from abroad D) GNP minus depreciation allowances
 
Answer & Explanation Answer: D) GNP minus depreciation allowances

Explanation:
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Filed Under: Indian Economy

Q:

Which one of the following is NOT amethod of measurement of National Income

A) Value added method B) Income method
C) Expenditure method D) Investment method
 
Answer & Explanation Answer: D) Investment method

Explanation:
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Filed Under: Indian Economy

Q:

P and Q started a business investing Rs, 85,000 and Rs. 15,000 respectively. In what ratio the profit named after 2 years bo divided between P and Q respectively ?

A) 17:23 B) 17:3
C) 17:33 D) 3:4
 
Answer & Explanation Answer: B) 17:3

Explanation:

P : Q = 85000 : 15000 = 86 : 15 = 17 : 3 .

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Filed Under: Partnership

Q:

Where did India play its 1st One Day International match?

A) Lords B) Headingley
C) Taunton D) The Oval
 
Answer & Explanation Answer: B) Headingley

Explanation:

India play its 1st One Day International match in cricket against England in the year 1974 in Headingley in Leeds.

Where_did_India_play_its_1st_One_Day_International_match1552388512.jpg image

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Filed Under: Sports
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Q:

Which is the most southerly test match grounds of England

A) The Lords B) The Oval
C) The Veears D) The Lyra
 
Answer & Explanation Answer: A) The Lords

Explanation:
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Filed Under: Sports