GK Practice Question and Answer
8 Q: Recently, the World Bank willgive funds to which state to increase social security?
843 065083e23a910aab8f933b0c7
65083e23a910aab8f933b0c7- 1Punjabfalse
- 2Rajasthanfalse
- 3Odishatrue
- 4Maharashtrafalse
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Answer : 3. "Odisha"
Explanation :
World Bank will provide funds to the state of Odisha to increase social security.
Q: Which of the following would not constitute an economic activity in Economics?
838 06512a4d2af64a2609c621ce1
6512a4d2af64a2609c621ce1- 1A teacher teaching students in his collegefalse
- 2A teacher teaching students in a coaching institutefalse
- 3A teacher teaching his own daughter at hometrue
- 4A teacher teaching students under Sarva Shiksha Abhiyan Schemefalse
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Answer : 3. "A teacher teaching his own daughter at home"
Explanation :
A teacher who is teaching his own daughter is not a part of economic activity as the imputed value of such activities can not be calculated.
Q: When increase in income the increase in ratio between income & expenditure changes–
831 0651158f156a7b2508cb0de7d
651158f156a7b2508cb0de7d- 1In same ratiofalse
- 2Ratio less than 1true
- 3Ratio more than onefalse
- 4Nonefalse
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Answer : 2. "Ratio less than 1"
Explanation :
Expl:- When increase in income the increase in ratio between income & expenditure changes Ratio less than 1
Q: Other name of Net National Product at market price?
829 0651164d99c491b8125b988a8
651164d99c491b8125b988a8- 1National Incometrue
- 2Gross Domestic Productionfalse
- 3Personal Incomefalse
- 4Per Capital Incomefalse
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Answer : 1. "National Income "
Explanation :
NNPMP = GNPMP – depreciation
Q: The Income of Indians working abroad is-
820 06511585710a18f5082fb1e12
6511585710a18f5082fb1e12- 1Domestic Income of Indiafalse
- 2Income earned from abroadtrue
- 3Net domestic product of Indiafalse
- 4Grave domestic product of India.false
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Answer : 2. "Income earned from abroad"
Explanation :
Expl:- NDPmp + NFIA = NNPmp
GDPmp + NFIA + GNPmp
Q: The ancient university of India was established at –
819 06515708f73357650647776ca
6515708f73357650647776ca- 1Varanasifalse
- 2Gayafalse
- 3Nalandatrue
- 4Taxilafalse
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Answer : 3. "Nalanda "
Explanation :
In India, Nalanda university was established in 5th century by KumarGupta first (415-455 AD). The famous chinese Traveller Hsuan Tsang lived there and studied for 18 months. At that time ‘Sheel Bhadra Yajee’ was the chancellor of Nalanda university. The famous scholars of this university were ‘Chandragomina’ ‘Shantirakshit’ and Kashmiri monk ‘Padmasambhava’
Q: Gross Profit means–
813 06512a7a7af64a2609c622020
6512a7a7af64a2609c622020- 1Total investment over total savingsfalse
- 2Changes in methods of productionfalse
- 3Changes in the form of business organisationfalse
- 4Total receipts over total expenditure.true
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Answer : 4. "Total receipts over total expenditure."
Explanation :
Gross profit = Net sales (total receipts) - Cost of goods sold (total expenditure)
In other words it is the total receipt over total cost.
Q: Which country assisted India to establish the KoodanKulam Nuclear Power Station in Tamil Nadu?
799 0651eb883afb5a5c68a1c8a17
651eb883afb5a5c68a1c8a17- 1Russiatrue
- 2Canadafalse
- 3Germanyfalse
- 4Francefalse
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Answer : 1. "Russia "
Explanation :
Koodan-Kulam Nuclear Power Plant (KKNP) is associated with Russia, which is located in Tirunelveli district of Tamil Nadu. KKNP is Indias first pressurised water reactor belonging to the light water category.