Questions

Q:

Goods whose demand is proportional to price are called

A) inferior goods B) Veblen goods
C) normal goods D) exclusive goods
 
Answer & Explanation Answer: B) Veblen goods

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Q:

What was the debt-to-GDP ratio for the Financial Year 2016-17?

A) 60.40% B) 49.40%
C) 50.40% D) 55.40%
 
Answer & Explanation Answer: B) 49.40%

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Q:

The economic way of thinking stresses that

A) incentives matter--individuals respond in predictable ways to changes in personal costs and benefits. B) changes in personal costs and benefits generally fail to exert much impact on behavior.
C) if a good is provided by the government, its production will not consume valuable scarce resources. D) if one individual gains from an economic activity, then someone else must lose and in the same proportion.
 
Answer & Explanation Answer: A) incentives matter--individuals respond in predictable ways to changes in personal costs and benefits.

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Q:

Read each sentence to find out whether there is any error in any underlined part and indicate your response in the Answer Sheet against the corresponding letter i.e., (a) or (b) or (c). If you find no error, your response should be indicated as (d).

A) Her parents B) has not permitted her
C) to marry Sunil. D) No error
 
Answer & Explanation Answer: B) has not permitted her

Explanation:

Error is in second part. Replace ‘has’ with ‘have’. Since ‘parents’ is in plural form it will be followed by the plural form of has, i.e. ‘have’.

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Q:

The constitution of India was framed by:

A) Planning Commission B) Constituent Assembly
C) President D) Working Committee
 
Answer & Explanation Answer: B) Constituent Assembly

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Q:

Who was the first Deputy Speaker of Lok Sabha?

A) G. V. Mavalankar B) Sarvepalli Radhakrishnan
C) M. Ananthasayanam Ayyangar D) Dr P V Cherian
 
Answer & Explanation Answer: C) M. Ananthasayanam Ayyangar

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Q:

Which of the following is a characteristic of an exothermic reaction?

A) Release of heat B) Absorption of heat
C) Doesn't involve any change in temperature D) None of the option is correct
 
Answer & Explanation Answer: A) Release of heat

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Q:

A drainage pattern where a river is joined by its tributaries approximately at right angles is ____________

A) Dendritic B) Trellis
C) Rectangular D) Radial
 
Answer & Explanation Answer: B) Trellis

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