Questions

Q:

Economics assumes that

A) people have unlimited desires but limited resources B) people have limited desires but unlimited resources
C) allocation of resources if not centrally planned will cause inefficiency D) people are emotional and make irrational decisions
 
Answer & Explanation Answer: A) people have unlimited desires but limited resources

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Filed Under: Indian Economy
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Q:

Which of the following is a risk taken by entrepreneurs in small business?

A) Interference with personal lives B) Psychological stress
C) Social and family pressure D) All of the above
 
Answer & Explanation Answer: D) All of the above

Explanation:

Some of the risks faced by entrepreneur of small business are:-


1. Funding of capital.
2. Adequate cashflows.
3. Social and family pressures.
4. Interference with personal lives.
5. psychological pressure.
6.Lack of motivation

 

 

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Filed Under: Indian Economy
Exam Prep: Bank Exams , CAT

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Q:

In the following question, out of the four alternatives, select the alternative which will improve the bracketed part of the sentence. In case no improvement isneeded, select "no improvement".

LPG quickly (gain) popularity as it was easy to use and did not tarnish vessels

A) gaining B) will gain
C) gained D) no improvement
 
Answer & Explanation Answer: C) gained

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Q:

Who was appointed as the head of the Jury of the International Film Festival of India in November 2015?

A) Anil Kapoor B) Shekhar Kapoor
C) Anupam Kher D) Naseeruddin Shah
 
Answer & Explanation Answer: B) Shekhar Kapoor

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Filed Under: Famous Personalities
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Q:

'Freedom Trail' is a 2.5 mile long passage that offers a rich insight into the American Revolution. In which US city would you find this famous and historic trail?

A) Memphis B) Boston
C) Denver D) Connecticut
 
Answer & Explanation Answer: B) Boston

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Filed Under: World Geography
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Q:

The angle of elevation of the top of a pillar from the foot and the top of a building 20 m high, are 60° and 30° respectively. The height of the pillar is

A) 10 m B) 10√3m
C) 60 m D) 30 m
 
Answer & Explanation Answer: D) 30 m

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Q:

Which   one   of   the   following   statements relating  to  the  Directive  Principles  of  State Policy is not correct?

A) The  provisions  contained  in  part  IV  of the  Constitution  of  India  shall  not  be enforceable by any Court. B) The  Directive  Principle  of  State  policy are  fundamental  in  the  governance  of the country.
C) It  shall  be  the  duty  of  the  State  to apply  the  Directive  Principle  in  making laws. D) The  Directive  Principle  are  directed  in making  India  an  advanced  capitalist country of the world.
 
Answer & Explanation Answer: D) The  Directive  Principle  are  directed  in making  India  an  advanced  capitalist country of the world.

Explanation:

The  Directive  Principles  of  State Policy are enumerated in Part IV of the Constitution from Articles 36 to 51.   The   Directive   Principles   are non-justiciable  in  nature,  that  is, they are not legally enforceable by the  courts  for  their  violation.  So, the     Governments     cannot     be compelled   to   implement   them.Although the Constitution in Article 37  itself  says  that  these  principles are fundamental in the governance of  the  country  and  it  shall  be  the duty  of  the  State  to  apply  these principles  in  making  laws. These principles  reflect  the  ideology  of socialism, Gandhian and liberalism.

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Filed Under: Indian Politics
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Q:

Name the committee appointed in 1986 by Rajiv Gandhi on "Revitalisation of Panchayti Raj Institution for Democracy & Development".

A) Ashok Mehta Committee B) L M Singhvi Committee
C) G.V.K. Rao Committee D) Balwant Rai Mehta Committee
 
Answer & Explanation Answer: B) L M Singhvi Committee

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