This section includes InterviewSolutions, each offering curated multiple-choice questions to sharpen your knowledge and support exam preparation. Choose a topic below to get started.
| 20651. |
What do you mean by propensity to consume? |
|
Answer» The consumption function or propensity to consume refers to income consumption relationship. It is a “functional relationship between two aggregates viz., total consumption and gross national income.” Symbolically, the relationship is represented as C = f (Y) Where, C = Consumption; Y Income; f = Function Thus the consumption function indicates a functional relationship between C and Y, where C is the dependent variable and Y is the independent variable, i.e., C is determined by Y. This relationship is based on the ceteris paribus (other things being same) assumption, as only income consumption relationship is considered and all possible influences on consumption are held constant |
|
| 20652. |
Mikir hills is located at:(a) Arunachal Pradesh (b)Madhya Pradesh(c) Assam (d) Meghalay |
|
Answer» Mikir hills is located at Assam. |
|
| 20653. |
Explain briefly NNP at factor cost. |
|
Answer» Net National Product refers to the value of the net output of the economy during the year. NNP is obtained by deducting the value of depreciation, or replacement allowance of the capital assets from the GNP. It is expressed as, NNP = GNP – depreciation allowance. |
|
| 20654. |
State any two merits of trade. |
|
Answer» 1. Trade is one of the powerful forces of economic integration. 2. The term ‘trade’ means exchange of goods, wares or merchandise among people. |
|
| 20655. |
What was the life expectancy during British India and what is it today? |
|
Answer» The life expectancy in India during the British rule was 32 years. Now it is near about 50-55 minimum. |
|
| 20656. |
What is GDP in economics? |
|
Answer» Gross domestic product (GDP) is the total monetary or market value of all the finished goods and services produced within a country's borders in a specific time period. As a broad measure of overall domestic production, it functions as a comprehensive scorecard of a given country's economic health. |
|
| 20657. |
The national highway no.2 joins:(a) Delhi with Mumbai (b) Delhi with Kolkata(c) Varanasi with Kanayakumari (d) Chennai with Kolkata |
|
Answer» The national highway no.2 joins Delhi with Kolkata. |
|
| 20658. |
Write the statistical problems. |
|
Answer» The following are the some of the statistical problems: 1. Accurate and reliable data are not adequate, as farm output in the subsistence sector is not completely 2. informed. In animal husbandry, there are no authentic production data available. 3. Different languages, customs, etc., also create problems in computing estimates. 4. People in India are indifferent to the official inquiries. They are in most cases non-cooperative also. 5. Most of the statistical staff are untrained and inefficient. |
|
| 20659. |
Write the types of unemployment. |
|
Answer» Types of unemployment: 1. Cyclical Unemployment 2. Seasonal Unemployment 3. Frictional Unemployment 4. Educated Unemployment 5. Technical Unemployment 6. Structural Unemployment 7. Disguised Unemployment |
|
| 20660. |
Gorgaburu is a part of which mountain?1. Ajodhya Hills2. Susunia Hill3. Joy Chandi Hill4. Mama Bhagne Hill |
|
Answer» Correct Answer - Option 1 : Ajodhya Hills The correct answer is Ajodhya Hills.
|
|
| 20661. |
What was the importance of the Suez Canal during British India? |
|
Answer» The Suez Canal was important to the British because of the fact that they had such a large overseas empire. By the time that the canal was built, the most important part of their empire was India. The Suez Canal made it much easier for them to transport goods to and from India. it is the shortest trade link between Europe and countries on the Indian and Pacific Oceans. Because the majority of the world's goods are transported via sea, the Suez Canal greatly reduces the time and cost of transporting goods. |
|
| 20662. |
Indicates the Merits of Socialism. |
|
Answer» 1. Reduction in Inequalities: No one is allowed to own and use private property to exploit others. 2. Rational Allocation of Resources: The central planning authority allocates the resources in a planned manner. Wastages are minimised and investments are made in a pre planned manner. 3. Absence of Class Conflicts: As inequalities are minimum, there is no conflict between rich and poor class. Society functions in a harmonious manner. 4. End of Trade Cycles: Planning authority takes control over production and distribution of goods and services. Therefore, economic fluctuations can be avoided. 5. Promotes Social Welfare: Absence of exploitation, reduction in economic inequalities, avoidance of trade cycles and increase in productive efficiency help to promote social welfare. |
|
| 20663. |
Gaddi tribe is found in:(a) Odrisa (b) Tamil Nadu(c) Himachal Pradesh (d) Karnataka |
|
Answer» Gaddi tribe is found in Himachal Pradesh. |
|
| 20664. |
Define marginal propensity to consume (MPC). |
|
Answer» Marginal Propensity to Consume: The marginal propensity to consume may be defined as the ratio of the change in the consumption to the change in income. Algebraically it may be expressed as under: MPC = ΔC/ ΔY Where, ΔC = Change in Consumption; ΔY = Change in Income MPC is positive but less than unity, 0 < ΔC/ ΔY < 1 |
|
| 20665. |
Which of the following geological part is damp all year round?1. Delta in Ganges2. Terai and Dooars3. Plane land in north bengal4. Barind upland |
|
Answer» Correct Answer - Option 2 : Terai and Dooars The correct answer is Terai and Dooars.
|
|
| 20666. |
Which of the following Tribe in India has highest number of population?(a) Gond (b) Santhal(c) Bheel (d) Orao |
|
Answer» Tribe in India has highest number of population Gond. |
|
| 20667. |
What is gold standard? |
|
Answer» Gold Standard is a system in which the value of the monetary unit or the standard currency is directly linked with gold. The monetary unit is defined in terms of a certain weight of gold. The purchasing power of a unit of money is maintained equal to the value of a fixed weight of gold. |
|
| 20668. |
Define “Public Revenue”. |
|
Answer» 1. Public revenue occupies an important place in the study of public finance. 2. The Government has to perform several functions for the welfare of the people. 3. They involve substantial amount of public expenditure which can be financed only through public revenue. 4. The amount of public revenue to be raised depends on the necessity of public expenditure and the people’s ability to pay. |
|
| 20669. |
Who is the author of the book Anthropogeography?(a) Ratzel (b) Huntington (c) Sample (d) Jeans Bruhnes |
|
Answer» The author of the book Anthropogeography is Ratzel. |
|
| 20670. |
In which district is the Ganges divided into two main branches?1. Nadia2. Dakshin Dinajpur3. Hooghly4. Murshidabad |
|
Answer» Correct Answer - Option 4 : Murshidabad The correct answer is Murshidabad.
|
|
| 20671. |
Define international trade. |
|
Answer» International Trade refers to the trade or exchange of goods and services between two or more countries. In other words, it is a trade among different countries or trade across political boundaries. It is also called as ‘external trade’ or ‘foreign trade’ or ‘inter-regional trade’. |
|
| 20672. |
Census is conducted in India, at interval of(a) 12 Years (b) 8 Years(c) 10 Years (d) 15 Years |
|
Answer» Census is conducted in India, at interval of 10 Years. |
|
| 20673. |
The largest bird in the world is _________.1. Albatross2. Emu3. Peacock4. Ostrich |
|
Answer» Correct Answer - Option 4 : Ostrich The correct answer is Ostrich.
|
|
| 20674. |
Which of the following rivers is a river fed only by rain water?1. Mayurakshi River2. Teesta River3. Torsha River4. Matla River |
|
Answer» Correct Answer - Option 1 : Mayurakshi River The correct answer is Mayurakshi River.
|
|
| 20675. |
Write the ‘ASEAN’ member of countries. |
|
Answer» ASEAN was established on 8 August 1967 in Bangkok by the five original member countries: Indonesia, Malaysia, Philippines, Singapore and Thailand. |
|
| 20676. |
In which one of the following types of farming citrus fruits are mainly grown?(a) Truck farming (b) Market Gardening(c) Plantation farming (d) Mediterranean Agriculture |
|
Answer» Mediterranean Agriculture of farming citrus fruits are mainly grown. |
|
| 20677. |
Which one of the following countries is a member of ASEAN?(a) Bangladesh (b) Brazil(c) Brunei (d) Mexico |
|
Answer» Brazil is a member of ASEAN. |
|
| 20678. |
Which of the following cities does NOT lie on the path of river Ganga ?1. Lucknow2. Prayagraj3. Kanpur4. Patna |
|
Answer» Correct Answer - Option 1 : Lucknow The correct answer is Lucknow.
|
|
| 20679. |
Barygaza was the Greek name for:1. Bareilly2. Baramati3. Bhubaneshwar4. Bharuch |
|
Answer» Correct Answer - Option 4 : Bharuch The correct answer is Bharuch.
|
|
| 20680. |
In which one of the following countries the level of development is not high?(a) Norway (b) Djibouti(c) Japan(d) Egypt |
|
Answer» Djibouti countries the level of development is not high. |
|
| 20681. |
Which one of the following is the largest river of the world?(a) Nile (b) Ganga(c) Amazon (d) Hwang-Ho |
|
Answer» Amazon is the largest river in the world. |
|
| 20682. |
The Jallianwalla Bagh incident happened in:1. Punjab2. Delhi3. Kashmir4. Kerala |
|
Answer» Correct Answer - Option 1 : Punjab The correct answer is Punjab.
|
|
| 20683. |
Which one of the following city is the main polluter of Ganga a river?(a) Haridwar (b) Kanpur(c) Varanasi (d) Buxar |
|
Answer» Kanpur city is the main polluter of Ganga a river. |
|
| 20684. |
Up to what age the human beings are in the period of Infancy?(a) 15 years (b) 15-25 years(c) 25-60 years (d) More than 60 years |
|
Answer» Up to 15 years the human beings are in the period of Infancy. |
|
| 20685. |
If the President returns a Bill sent to him for his assent and the Parliament once again passes the Bill in Its original form, then the President: (a) can once again return the Bill for further reconsideration (b) can ask for a referendum on the Bill (c) has to give assent to the Bill(d) can seek the opinion of the Supreme Court on the bill |
|
Answer» (c) has to give assent to the Bill |
|
| 20686. |
Algae are useful for humankind because they:1. help to fix the ozone layer2. help to clean dirty places3. help to create more oxygen4. help to create more carbon dioxide |
|
Answer» Correct Answer - Option 3 : help to create more oxygen The correct answer is help to create more oxygen.
|
|
| 20687. |
________ is a finite series of equal and periodic cash flows growing at a constant rate every period. A. Annuity B. Growing AnnuityC. Rate of risk D. Discounting |
|
Answer» B. Growing Annuity |
|
| 20688. |
Kimberley is famous for what?(a) Gold (b) Silver(c) Diamond (d) platinum |
|
Answer» Kimberley is famous for Silver. |
|
| 20689. |
_________ is a fund created by investing a certain amount annually at compound interest for a certain period, at the end of which such accumulated funds are used to discharge a known liability or to replace a working assets. A. Workmen's Compensation fund B. Reserve Fund C. Sinking Fund D. General Fund |
|
Answer» C. Sinking Fund |
|
| 20690. |
Finance is called _________. A. Science of Money B. Wealth C. Profit D. Accounting |
|
Answer» A. Science of Money |
|
| 20691. |
In the survey about cleanliness of Indian cities (Swachh Survekshan 2017) which South Indian city tops the list of clean cities?1. Tirupati2. Mysuru3. Visakhapatnam4. Tiruchirappally |
|
Answer» Correct Answer - Option 1 : Tirupati The correct answer is Visakhapatnam. According to Swachh Sarvekshan Report 2017, Indore in Madhya Pradesh has been selected as the cleanest city in India.
|
|
| 20692. |
Finance is the _________ for the business concern. A. unessential B. life blood C. unnecessary D. not required |
|
Answer» Correct option is B. life blood |
|
| 20693. |
Which city of India ranked first in the 'Swachh Survekshan National Ranking' 2019?1. Bhopal2. Jamshedpur3. Indore4. Khargone |
|
Answer» Correct Answer - Option 3 : Indore The correct answer is Indore.
About Madhya Pradesh:
|
|
| 20694. |
. ________ refers to the management of flow of money through an organisation. A. Marketing B. Production C. Sales D. Finance |
|
Answer» Correct option is D. Finance |
|
| 20695. |
When did the metro rail service start in Jaipur?1. In 20102. In 20133. In 20154. In 2018 |
|
Answer» Correct Answer - Option 3 : In 2015 The correct answer is In 2015.
|
|
| 20696. |
__________ is the activity concerned with planning, raising, controlling and administering of funds used in the business. A. Loan B. Business Finance C. Corporate loans D. Micro Finance |
|
Answer» B. Business Finance |
|
| 20697. |
A student internally motivated will complete his task-A) To avoid punishment B) To gain reward C) For personal growth D) To show off |
|
Answer» (C) For personal growth A student internally motivated will complete his task For personal growth. |
|
| 20698. |
The term _______ refers to the flow of savings from the savers to the entrepreneurs through intermediary financial institutions. A. Direct Finance B. Corporate Finance C. Indirect Finance D. Micro Finance |
|
Answer» C. Indirect Finance |
|
| 20699. |
Requirement of a good designed product is _______. A) Reparability B) Durability C) Compact D) All of the above |
|
Answer» Correct answer is (D) All of the above |
|
| 20700. |
Which Gestalt principle is followed by the following logo?A) Gestalt law of continuity B) Gestalt law of Order and Symmetry C) Gestalt law of figure and ground D) Gestalt law of closure |
|
Answer» Correct answer is (C) Gestalt law of figure and ground |
|