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 Indian Politics Questions

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Q:

Which of the following is necessary for a natural monopoly?

 

A) economies of scale B) a high proportion of the total cost as the cost of capital goods
C)  very small market D) All options are correct.
 
Answer & Explanation Answer: D) All options are correct.

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Q:

The constitution of India refers to the budget as the ______.

 

A) Annual Financial Statement   B) Money Bill  
C) Finance Bill   D) Annual Money Statement  
 
Answer & Explanation Answer: A) Annual Financial Statement  

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Q:

Which among the following does NOT hold their office till the pleasure of President?

 

A) Governor of State B) Attorney General of India  
C) Chief Election Commissioner   D) Prime Minister of India  
 
Answer & Explanation Answer: C) Chief Election Commissioner  

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Q:

Which among the following is/are the unitary feature(s) of Indian Constitution?

 

I. Single Constitution for State and Centre

II. Single Citizenship

III. Integrated Judiciary

 

A) Only I B) Only II
C) Both I and II D) All I, II and III
 
Answer & Explanation Answer: D) All I, II and III

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Q:

Voting rights in the IMF are distributed on the basis of ___________.

 

A) one country one vote B) proportion to the share of the income of the country in the world income
C) proportion to contributions given by each country   D) proportion to quota allotted to countries from timed to time  
 
Answer & Explanation Answer: D) proportion to quota allotted to countries from timed to time  

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Q:

In which conference of 1888, the constitution was created for Congress?

 

A) Bombay B) Calcutta
C) Madras D) Allahabad
 
Answer & Explanation Answer: D) Allahabad

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Q:

The fundamental source of monopoly power is 

 

 

A) profit B) barriers to entry
C) a product without close substitutes D) decreasing average total cost
 
Answer & Explanation Answer: B) barriers to entry

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Q:

In which conference of 1888, the constitution was created for Congress?

 

A) Bombay B) Calcutta
C) Madras D) Allahabad
 
Answer & Explanation Answer: D) Allahabad

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