Questions

Q:

"Trade unions" is listed in the __________ list given in the Seventh Schedule of the Constitution of India.

A) Union B) State
C) Global D) Concurrent
 
Answer & Explanation Answer: D) Concurrent

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Q:

Article 12 to Article 35 of Indian Constitution mainly deals with Fundamental Rights, given in ______ of Indian Constitution.

 

A) Part I B) Part II
C) Part III   D) Part IV
 
Answer & Explanation Answer: C) Part III  

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Q:

Which of the following changes when a body performs uniform circular motion?

A) Mass B) Momentum
C) Speed D) Direction
 
Answer & Explanation Answer: D) Direction

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Q:

How many union territories does India have as of June 2017?

A) 7 B) 6
C) 5 D) 4
 
Answer & Explanation Answer: A) 7

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Q:

The goods which people consume more, when their price rises are called _______.

A) Essential goods B) Capital goods
C) Veblen goods D) Giffen goods
 
Answer & Explanation Answer: D) Giffen goods

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Q:

What situation would result if Government expenditure exceeds the Government revenue on Current Account?

A) Deficit budgeting B) Zero­based budgeting
C) Performance­based budgeting D) Surplus budgeting
 
Answer & Explanation Answer: A) Deficit budgeting

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Q:

If price of an article decreases from Rs P1 to Rs 75, quantity demanded increases from 1000 units to 1200 units. If point elasticity of demand is ­3.2 findmP1?

A) Rs 85 B) Rs 80
C) D) Rs 95
 
Answer & Explanation Answer: B) Rs 80

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Q:

If demand curve for racing cycles is D = 80200 ­ 13P and supply curve is S = 6200 + 12P, What is the equilibrium Quantity?

A) 2960 units B) 31220 units
C) 8750 units D) 41720 units
 
Answer & Explanation Answer: D) 41720 units

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