Questions

Q:

Which of the following is NOT included in general methodology while assessing the national income?

A) Pension B) Investment Expenditure
C) Value added D) Consumption Expenditure
 
Answer & Explanation Answer: A) Pension

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Q:

Under GST regime, in ‘Composition Scheme’, taxpayers have to fill returns ______.

A) Monthly B) Half-yearly
C) Quarterly D) Bi-Monthly
 
Answer & Explanation Answer: C) Quarterly

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Q:

The consumption schedule is such that

A) the MPC and the APC must be equal at all levels of income. B) the APC is constant and the MPC declines as income rises.
C) both the APC and the MPC increase as income rises. D) the MPC is constant and the APC declines as income rises.
 
Answer & Explanation Answer: D) the MPC is constant and the APC declines as income rises.

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Q:

The fat digesting enzyme Lipase is secreted by which of the following

A) Kidneys B) Pancreas
C) Large Intestine D) Liver
 
Answer & Explanation Answer: B) Pancreas

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Q:

_______________ states that the ratio of the potential difference across a conductor to the current flowing through it, is a constant, provided that its physical conditions, such as temperature, remain constant.

A) Lenz's Law B) Hooke's Law
C) Ohm's Law D) The coulomb's law
 
Answer & Explanation Answer: C) Ohm's Law

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Q:

Which of the following is NOT an application of Fiber optics?

A) Power Generation B) Computer Networking
C) Sensors D) Power Transmission
 
Answer & Explanation Answer: A) Power Generation

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Q:

How many levels of Government are there in India?

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: C) 3

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Q:

As envisaged in the Constitution of India with respect to the Supreme Court (Number of Judges) Amendment Act, 2008 (11 of 2009), there shall be a Supreme Court of India consisting of a Chief Justice of India, and not more than ___ other judges.

A) 40 B) 10
C) 20 D) 30
 
Answer & Explanation Answer: D) 30

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