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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:

Who had estimate National Income in India first

A) Dadabhai Naoroji B) R.C. Dutt
C) V.K.R.V.Rao D) D.R.Gadgil
 
Answer & Explanation Answer: A) Dadabhai Naoroji

Explanation:
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Filed Under: Indian Economy

Q:

Hindu rate of growth refers to the rate of growth of

A) GDP B) Population
C) Foodgrains D) Per captain income
 
Answer & Explanation Answer: A) GDP

Explanation:
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Filed Under: Indian Economy

Q:

Which one of the following is NOT an example of economic overheads

A) Schools B) Sanitary Facilities
C) Roads and Rrailways D) Coal Mines
 
Answer & Explanation Answer: D) Coal Mines

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:

In India ,Hindu Rate of growth is associated with which of the following

A) Birth Rate B) Population
C) Per Capita Income D) National Income
 
Answer & Explanation Answer: D) National Income

Explanation:
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Filed Under: Indian Economy