Indian Economy problems
- 1. As per 2001 Census which one of the following is NOT a megacity of India
Options- A. Ahmedabad
- B. Chennai
- C. Bangaluru
- D. Ranchi Discuss
Correct Answer: Ranchi
- 2. Which of the following is NOT one of the core areas identified under the Bharat Nirman Programme
Options- A. Irrigation
- B. Rural Electrification
- C. Rural Housing
- D. Computer Education in schools Discuss
Correct Answer: Computer Education in schools
- 3. As per the news reports, MTNL recently launched its 3G service and became the first telecome operator to launch the same in India. What is the full form of 'G' in 3G
Options- A. Global
- B. Generation
- C. Growth
- D. Gravity Discuss
Correct Answer: Generation
- 4. Structural employment arises due to
Options- A. Deflationary Conditions
- B. Heavy industry bias
- C. Shortage of raw meterials
- D. Inadequate productive capacity Discuss
Correct Answer: Heavy industry bias
- 5. Which of the following represents 'I' in the abbreviation IRDP
Options- A. Integrated
- B. Indian
- C. Insurance
- D. Internal Discuss
Correct Answer: Integrated
- 6. Is CST applicable on freight charges? Also asked in: Analyst, Bank Clerk, Bank PO
Correct Answer: CST is not payable on outward freight (if charged separately) and outward insurance if property in goods passes to buyer at the time of despatch It means that Sale price does not include Freight charges will not attract CST when shown separately in they Invoice But goods & freight show in one invoice CST will attractive
- 7. Income taxes are allocated to
Options- A. discontinued operations
- B. prior period adjustments
- C. extraordinary items
- D. All the above Also asked in: AIEEE, Bank Exams, CAT
Correct Answer: All the above
Explanation:
Income taxes are allocated to extraordinary items, discontinued operations and prior period adjustments.
- 8. An increase in the quantity demanded means that
Options- A. The demand curve shifted to right
- B. Price of the product has declined
- C. Increase in consumer income
- D. All the above Also asked in: AIEEE, Bank Exams, CAT, Analyst, Bank Clerk, Bank PO, Database Administrator, IT Trainer
Correct Answer: All the above
- 9. The law of demand states that other things equal
Options- A. as the price increases, the quantity demanded will decrease.
- B. as the price increases, the quantity demanded will increase.
- C. as the price decreases, the demand curve will shift to the right.
- D. as the price increases, the demand will decrease. Also asked in: Bank Exams, AIEEE, CAT, Analyst, Bank Clerk, Bank PO
Correct Answer: as the price increases, the quantity demanded will decrease.
- 10. Economic resources are also called Also asked in: Analyst, Bank Clerk, Bank PO, Database Administrator, IT Trainer, Network Engineer
Correct Answer: Economic resources include land, labour, capital and entrepreneurship Entrepreneurship is also considered an economic resource because individuals are responsible for creating businesses and moving economic resources in the business environment These economic resources are also called as Factors of production
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