Practice Question and Answer

Q:

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

492 0

  • 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
  • Show AnswerHide Answer
  • Workspace

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:

The Expenditure on advertisement and public relation by an enterprise is a part of its-

503 0

  • 1
    Consumption of fined capital
    Correct
    Wrong
  • 2
    Final consumption Expenditure
    Correct
    Wrong
  • 3
    Intermediate Consumption
    Correct
    Wrong
  • 4
    Fined Capital
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 3. "Intermediate Consumption"
Explanation :

The Advertisement and public relations of selling expenses are part of intermediate consumption.

Q:

Forced saving refers to-

505 0

  • 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
  • Show AnswerHide Answer
  • Workspace

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:

Moved by the Swadeshi Movement, ______ painted his famous image of Bharat Mata portraying her as an ascetic figure.

687 0

  • 1
    Satyendranath Tagore
    Correct
    Wrong
  • 2
    Abanindranath Tagore
    Correct
    Wrong
  • 3
    Jyotirindranath Tagore
    Correct
    Wrong
  • 4
    Dwijendranath Tagore
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 2. "Abanindranath Tagore"
Explanation :

1. Inspired by the Swadeshi movement, Abanindranath Tagore painted his famous image of Mother India, in which she is depicted as an ascetic figure.

2. A nephew of the Indian poet and artist Rabindranath Tagore, Abanindranath was exposed to the artistic inclinations of the Tagore family at an early age.

Q:

Which of the following books was written by James Mill, a Scottish economist, in 1817?

773 0

  • 1
    Poverty and Un-British Rule in India
    Correct
    Wrong
  • 2
    A Passage to India
    Correct
    Wrong
  • 3
    The History of British in India
    Correct
    Wrong
  • 4
    The Great Mutiny
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 3. "The History of British in India"
Explanation :

1. 'The History of British India' is a book written by Scottish economist James Mill in 1817.

Q:

Which of the following books is written by Rajendra Prasad?

730 0

  • 1
    India Divided
    Correct
    Wrong
  • 2
    An Autobiography: Towards Freedom
    Correct
    Wrong
  • 3
    The Discovery of India
    Correct
    Wrong
  • 4
    Glimpses of World History
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 1. "India Divided"
Explanation :

1. The book titled India Divided is written by Rajendra Prasad.

2. Rajendra Prasad was an Indian independence activist, lawyer and scholar. He was also the first President of India from 1950 to 1962.

Q:

Which of the following concepts implies that sustainable development should take a holistic approach towards notions of progress and give equal importance to non-economic aspects of wellbeing?

755 0

  • 1
    Gross Domestic Product
    Correct
    Wrong
  • 2
    Gross National Product
    Correct
    Wrong
  • 3
    Gross National Happiness
    Correct
    Wrong
  • 4
    Net National Product
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 3. "Gross National Happiness"
Explanation :

1. Gross Domestic Product (GDP) is the standard measure of value added created through the production of goods and services in a country during a given period.

2. It also measures the income earned from that production or the total amount spent on final goods and services (less imports).

Q:

The Kamakhya Temple is located in ______.

1074 0

  • 1
    Guwahati
    Correct
    Wrong
  • 2
    Kohima
    Correct
    Wrong
  • 3
    Imphal
    Correct
    Wrong
  • 4
    Agartala
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 1. "Guwahati"
Explanation :

1. Kamakhya Temple is a Hindu temple located on the Neelachal Hills in Guwahati, Assam.

2. This temple is dedicated to Goddess Kamakhya, it is one of the oldest and most revered centers of Tantric practices.

3. This temple is the center of Kulachar Tantra Marg and the venue of Ambubachi Mela

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully