Q:

According to the Classical Theory of Employment, deviations from the state of full employment are

A) Purely temporary in nature	B) permanent in nature
C) imaginary situations	D) normal situations

Answer & Explanation Answer: A) Purely temporary in nature

Explanation:

The classical economists believed in the existence of full employment in the economy. To them, full employment was a normal situation and any deviation from this regarded as something abnormal. According to Pigou, the tendency of the economic system is to automatically provide full employment in the labour market when the demand and supply of labour are equal.

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Q:

In the 42nd Constitutional Amendment 1976, which word was added to the Preamble?

A) Democratic	B) Equality
C) Secular	D) Socialist

Answer & Explanation Answer: C) Secular

Explanation:

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Q:

"Taxes on agricultural income" is listed in the __________ list given in the Seventh Schedule in the Constitution of India.

A) Union	B) State
C) Global	D) Concurrent

Answer & Explanation Answer: B) State

Explanation:

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Q:

Who presented the first Union Budget in 1947?

A) Indira Gandhi	B) Morarji Desai
C) R. K. Shanmukham Chetty	D) John Mathai

Answer & Explanation Answer: C) R. K. Shanmukham Chetty

Explanation:

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Q:

How many bits does an IP address contain?

A) 64 bits	B) 32 Bits
C) 128 Bits	D) 256 Bits

Answer & Explanation Answer: B) 32 Bits

Explanation:

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Q:

An object is composed of

A) Methods	B) Attributes
C) Properties	D) All of the above

Answer & Explanation Answer: D) All of the above

Explanation:

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Q:

The Asiatic Society was established in Calcutta by

A) Warren Hastings	B) Sir William Jones
C) Raja Ram Mohan Roy	D) Macaulay

Answer & Explanation Answer: B) Sir William Jones

Explanation:

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Q:

What is the simplified value of (cos A + sin A)(cot A + tan A)?

A) sec A + cosec A	B) sin A + cos A
C) tan A + cot A	D) sec A – cosec A

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