Sawaal

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Q:

The 'noble tradition' was related to which of the following the dynasties?

 

A) Pal B) Pratihara
C) Rashtrakuta D) Sen
 
Answer & Explanation Answer: D) Sen

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Q:

Consider the following statements about indifference curves:

1. Indifference curves are convex to the origin.

2. Higher indifference curve represents higher level of satisfaction.

3. Two indifference curves cut each other.Which of the statements given above is/are correct?

A) 1 only B) 1 and 2
C) 2 and 3 D) 3 only
 
Answer & Explanation Answer: B) 1 and 2

Explanation:

The indifference curves cannot intersect each other.

Higher indifference curve represents a higher level of satisfaction because higher IC means a bundle consisting more of both the goods or same quantity of one good n more quantity of the other good .Hence statement 2 is correct and 3 is incorrect.

Indifference curves is convex to the point of origin because of diminishing Marginal Rate of Substitution.

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Q:

The concept of ‘Navratnas’ was evolved in which of the following year's Union Budget?

 

A) 1997-98 B) 1999-2000
C) 1990-91 D) 1995-96
 
Answer & Explanation Answer: A) 1997-98

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Q:

The main source of National Income in India is

A) Service Sector B) Agriculture
C) Industrial Sector D) Trade Sector
 
Answer & Explanation Answer: A) Service Sector

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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 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:

Which of the following exercised the most profound influence in framing the Indian Constitution?

A) British Constitution B) US Constitution
C) Irish Constitution D) The Government of India Act,1935
 
Answer & Explanation Answer: D) The Government of India Act,1935

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Q:

‘Pey Jal Survekshan’ is the initiative of which Union Ministry?

 

A) Ministry of Jal Shakti B) Ministry of Agriculture and Farmers Welfare
C) Ministry of Rural Development D) Ministry of Housing and Urban Affairs
 
Answer & Explanation Answer: D) Ministry of Housing and Urban Affairs

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