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Q:

In Indian Constitution, ______ contains provisions related to Anti-defection law.

A) eighth schedule   B) ninth schedule
C) tenth schedule D) eleventh schedule
 
Answer & Explanation Answer: C) tenth schedule

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Q:

Which bill can be introduced without the prior recommendation of the President of India?

A) Money Bill B) Finance Bill
C) Ordinary Bill D) No option is correct
 
Answer & Explanation Answer: C) Ordinary Bill

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Q:

Hindustan Socialist Republican Association was founded by

A) Subhash Chandra Bose B) Vinayak Damodar Savarkar
C) Jayaprakash Narayan D) Bhagat Singh
 
Answer & Explanation Answer: D) Bhagat Singh

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Q:

Which Indian city was gifted by the Portuguese as dowry to Charles II, the king of England, when he got married to the sister of the King of Portugal in 1662?

 

A) Daman B) Cochin
C) Goa D) Mumbai
 
Answer & Explanation Answer: D) Mumbai

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Q:

Who among the following won the ‘FIFA Men's Player of The Year Award’ on October 23, 2017?

A) Lionel Messi B) Andres Iniesta
C) Cristiano Ranaldo D) Luka Modric
 
Answer & Explanation Answer: C) Cristiano Ranaldo

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Q:

If price of an article decreases from Rs 40 to Rs 30, quantity demanded increases from Q1 units to 7500 units. If point elasticity of demand is -1 find Q1?

A) 9000 units B) 4500 units
C) 10500 units D) 6000 units
 
Answer & Explanation Answer: D) 6000 units

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Q:

Macro economics deals with

A) the circular flow of income B) the decision making of a single economic variable like demand
C) resource allocation at firm level D) equilibrium prices and quantities
 
Answer & Explanation Answer: A) the circular flow of income

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Q:

Management accountants would not

A) prepare reports primarily for external users. B) be concerned with the impact of cost and volume on profits
C) assist in budget planning. D) determine cost behavior.
 
Answer & Explanation Answer: A) prepare reports primarily for external users.

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