Questions

Q:

The demand for a inferior good increases with ________ in the consumer's income.

A) increase B) decrease
C) constant D) double
 
Answer & Explanation Answer: B) decrease

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Q:

The existence of a parallel economy (black money) ___________.

A) makes economy more competitive B) makes the monetary policies less effective
C) ensures a better distribution of income and wealth D) ensures increasing productive investment
 
Answer & Explanation Answer: B) makes the monetary policies less effective

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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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Q:

The tendency of undisturbed objects to stay at rest or to keep moving with the same velocity is called

A) velocity B) force
C) momentum D) inertia
 
Answer & Explanation Answer: D) inertia

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Q:

On 10 April 2017, Lok Sabha passed Constitution (123rd Amendment) Bill, 2017. The Bill seeks to give Constitutional Status to ______

A) National Human Rights Commission B) National Commission on Backward Classes
C) National Finance Commission D) National Commission for Women
 
Answer & Explanation Answer: B) National Commission on Backward Classes

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Q:

Article 41 of the Indian Constitution "Right to work, to education and to public assistance in certain cases" deals with?

A) the Union Government B) the directive principles of state policy
C) the State Government D) the fundamental rights of the Indian Citizen
 
Answer & Explanation Answer: B) the directive principles of state policy

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Q:

From May 2017, the Real Estate Act has come into effect. It aims to protect the interests of ______.

A) Bureaucrats B) Home Buyers
C) Lenders D) No option is correct
 
Answer & Explanation Answer: B) Home Buyers

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Q:

Two particles with charges q1 and q2 are kept at a certain distance to exert force F on each other. If the distance is reduced to one-fifth, then the force between them is

A) F/25 B) 5F
C) F/5 D) 25F
 
Answer & Explanation Answer: D) 25F

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