GK Practice Question and Answer

Q:

Which of the following represents the saving of the Private Corporate Sector?

397 0

  • 1
    Undistributed profits
    Correct
    Wrong
  • 2
    Excess of income over expenditure
    Correct
    Wrong
  • 3
    Dividends paid to shareholders
    Correct
    Wrong
  • 4
    Total profit of a company
    Correct
    Wrong
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Answer : 1. "Undistributed profits"
Explanation :

For private corporate sector, retained profits adjusted for non operating surplus/deficit is considered as net saving

Q:

The worship of Mothergoddess was related to –

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  • 1
    With the Aryan Civilization
    Correct
    Wrong
  • 2
    With the Mediterranean Civilization
    Correct
    Wrong
  • 3
    With the Indus Valley Civilization
    Correct
    Wrong
  • 4
    With the Vedic Civilization
    Correct
    Wrong
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Answer : 3. "With the Indus Valley Civilization "
Explanation :

The Worship of Mothergoddess was the specific characteristic of Indus Valley Civilization. Archocology evidences prove this fact.

Q:

Who was the chief deity of the early Vedic period?

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  • 1
    Vishnu
    Correct
    Wrong
  • 2
    Shiva
    Correct
    Wrong
  • 3
    Indra
    Correct
    Wrong
  • 4
    Brahma
    Correct
    Wrong
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Answer : 3. "Indra"
Explanation :

Explanation: Indra was considered the chief deity during the early Vedic period, associated with thunder, rain, and war.

Q:

What is the recently introduced 128 th Constitutional Amendment Bill, 2023 related to?

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  • 1
    33% seats reserved for women in state assemblies
    Correct
    Wrong
  • 2
    33% seats reserved for women in Lok Sabha
    Correct
    Wrong
  • 3
    33% seats reserved for women in Lok Sabha and state assemblies.
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 3. "33% seats reserved for women in Lok Sabha and state assemblies."
Explanation :

1. The Government of India introduced the Constitution (128th Constitutional Amendment) Bill, 2023, which proposes to reserve 33% of seats for women in the Lok Sabha (lower house of the Parliament of India) and state legislatures.

2. This reservation will also apply to seats reserved for Scheduled Castes (SC) and Scheduled Tribes (ST).

Q:

Which was the part of Indus Valley Civilization? 

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  • 1
    Kalibangan
    Correct
    Wrong
  • 2
    Lothal
    Correct
    Wrong
  • 3
    Ropar
    Correct
    Wrong
  • 4
    Mohanjodaro
    Correct
    Wrong
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Answer : 2. "Lothal "
Explanation :

Lothal is close to Saragwala village that’s in Ahmedabad district. In between 1955 and 1962, it was excavated in the direction of S.R. Rao, where the remain of a town two miles inhabited received. It was divided in 6 parts. The ruins of Defence ramparts, roads and houses and elevated platforms were found here. Here the most valuable achievement was a large size cardoon (214×3 cm) which was made up of pared brick. Rao said this ‘the ships dock’. Hence lothal was a port city. It was situated on the banks of bhoguva river. Two different mounds are not found in Lothal. The entire along was surrounded by a single wall.

Q:

Forced saving refers to-

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  • 1
    Compulsory deposits imposed on income tax payers
    Correct
    Wrong
  • 2
    Provident fund contribution of private sector employees
    Correct
    Wrong
  • 3
    Reduction of consumption consequent to a rise in price
    Correct
    Wrong
  • 4
    Taxes on individual income and wealth
    Correct
    Wrong
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Answer : 3. "Reduction of consumption consequent to a rise in price"
Explanation :

According to Nobel Prize winner Frederick Wan, Forced Saving in an economic situation in which consumer spend less than their disposable income, not because they want to save but because the goods they seek are not avoidable or because goods are too expensive.

Q:

If a country produces consumer goods only and nothing else, then-

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  • 1
    Standard of living will be highest
    Correct
    Wrong
  • 2
    The country have certain amount of good
    Correct
    Wrong
  • 3
    The country will soon become poor if external trade will not happen
    Correct
    Wrong
  • 4
    The country will gradually become rich if external trade will not happen
    Correct
    Wrong
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Answer : 3. "The country will soon become poor if external trade will not happen"
Explanation :

If any country will produce only consumer good, then gradually the country will become poor as there will be no exchange of other goods and the economy of that country will highly be affected.

Q:

In Buddhism, ‘Bull’ is related to what incident of Buddha’s life?

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  • 1
    Birth
    Correct
    Wrong
  • 2
    Mahabhiniskramana
    Correct
    Wrong
  • 3
    Enlightenment
    Correct
    Wrong
  • 4
    Mahaparinirvana
    Correct
    Wrong
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Answer : 1. "Birth "
Explanation :

In Buddhism, Lotus and Bull is related to Birth, Horse is related to Mahabhiniskramana, Banyan tree is related to Nirvna (enlightenment) and Stupa is related to Death.

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