Q:

National Income refers to ___________

A) money value of goods and services produced in a country during a year	B) money value of stocks and shares of a country during a year
C) money value of capital goods produced by a country during a year	D) money value of consumer goods and services produced in a country during a year

Answer & Explanation Answer: A) money value of goods and services produced in a country during a year

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Q:

When the productive capacity of the economic system of state is inadequate to create sufficient number of jobs, it is called _______

A) seasonal unemployment	B) structural unemployment
C) disguised unemployment	D) cyclical unemployment

Answer & Explanation Answer: D) cyclical unemployment

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Q:

Saving is that portion of money income that is .....

A) spent for development of Industries	B) not spent on consumption
C) spent on health and education	D) spent for consumer durables

Answer & Explanation Answer: B) not spent on consumption

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Q:

Why are the Indian workers less skilled than the workers of western countries?

A) Low level of wages	B) Inferior quality of capital provided to labourers
C) High level of illiteracy	D) Strong trade unions

Answer & Explanation Answer: C) High level of illiteracy

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Q:

The __________ exchange rate is the relative price of foreign goods in terms of domestic goods.

A) Artificial	B) Nominal
C) Fixed	D) Real

Answer & Explanation Answer: D) Real

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Q:

Which of the following is the largest part of the human brain?

A) Ribs	B) Cerebrum
C) Pons	D) Thalamus

Answer & Explanation Answer: B) Cerebrum

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Filed Under: Biology
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Q:

Which of the following elements replaced eka-Aluminium in Mendeleev's Periodic table?

A) Scandium	B) Gallium
C) Titanium	D) Germanium

Answer & Explanation Answer: B) Gallium

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Filed Under: Chemistry
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Q:

In the following question, out of the given four alternatives, select the alternative which best expresses the meaning of the Idiom/Phrase.

Weather the storm

A) Be absolutely unwilling to cooperate	B) Fall over in a sudden or dramatic way
C) Survive a period of difficulty	D) Dispute a decision or choice already made

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