Questions

Q:

What will you call a system of taxation under which the poorer sections are taxed at higher rates than the richer sections?

A) Progressive tax B)  Proportional tax
C) Regressive tax D)  Degressive tax
 
Answer & Explanation Answer: C) Regressive tax

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Filed Under: Indian Economy
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Q:

Capital deepening refers to 

A) going for more fixed capital per worker B) emphasis on social overhead capital
C) constant capital-output ratio D) increasing capital-output ratio
 
Answer & Explanation Answer: A) going for more fixed capital per worker

Explanation:

Capital deepening is a situation where the capital per worker is increasing in the economy. This is also referred to as increase in the capital intensity. Capital deepening is often measured by the rate of change in capital stock per labour hour.

 

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Q:

"The General Equilibrium Analysis" was developed by

A) Marshall B) Ricardo
C) Walras D) Adam Smith
 
Answer & Explanation Answer: C) Walras

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Filed Under: Indian Economy
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Q:

Right to education in our country is a _________right.

A) Political B) Fundamental
C) Social D) Legal
 
Answer & Explanation Answer: B) Fundamental

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Filed Under: Indian Politics
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Q:

What is the full form of the Indian Political Party, "CPI"?

A) Common Party of India B) Commonly Party of India
C) Communist Party of India D) Community Party of India
 
Answer & Explanation Answer: C) Communist Party of India

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Q:

The salt concentration (measured as salinity in parts per thousand), is less than ______ % in inland waters.

A) 5 B) 20
C) 50 D) 75
 
Answer & Explanation Answer: A) 5

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Filed Under: General Science
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Q:

Which one of the following is not a property of electromagnetic waves?

A) Electromagnetic waves do not show interference and diffraction. B) Oscillating electric field and magnetic field are perpendicular to each other.
C) Electromagnetic waves are transverse waves D) Electromagnetic waves do not require a medium to propagate.
 
Answer & Explanation Answer: A) Electromagnetic waves do not show interference and diffraction.

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Filed Under: Physics
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Q:

Terminal velocity ________.

A) first increases before decreasing B) is constant
C) first decreases before increasing D) always keeps on increasing
 
Answer & Explanation Answer: B) is constant

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Filed Under: Physics
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