GK Practice Question and Answer

Q:

The Expenditure on advertisement and public relation by an enterprise is a part of its-

343 0

  • 1
    Consumption of fined capital
    Correct
    Wrong
  • 2
    Final consumption Expenditure
    Correct
    Wrong
  • 3
    Intermediate Consumption
    Correct
    Wrong
  • 4
    Fined Capital
    Correct
    Wrong
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Answer : 3. "Intermediate Consumption"
Explanation :

The Advertisement and public relations of selling expenses are part of intermediate consumption.

Q:

What has been done by changing the name of Udhampur railway station in Jammu and Kashmir?

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  • 1
    Shaheed Bhagat Singh Railway Station
    Correct
    Wrong
  • 2
    General Bipin Rawat Railway Station
    Correct
    Wrong
  • 3
    Shaheed Captain Tushar Mahajan Railway Station
    Correct
    Wrong
  • 4
    Shaheed Ashfaqullah Khan Railway Station
    Correct
    Wrong
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Answer : 3. "Shaheed Captain Tushar Mahajan Railway Station"
Explanation :

1. Udhampur Railway Station renamed Shaheed Captain Tushar Mahajan Railway Station.

2. Northern Railway has issued a notification to change the name of 'Martyr Captain Tushar Mahajan Railway Station' in honour of the brave army man.

3. Captain Tushar Mahajan was born on May 25, 1987 in Udhampur, Jammu and Kashmir.

Q:

The worship of Mothergoddess was related to –

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  • 1
    With the Aryan Civilization
    Correct
    Wrong
  • 2
    With the Mediterranean Civilization
    Correct
    Wrong
  • 3
    With the Indus Valley Civilization
    Correct
    Wrong
  • 4
    With the Vedic Civilization
    Correct
    Wrong
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Answer : 3. "With the Indus Valley Civilization "
Explanation :

The Worship of Mothergoddess was the specific characteristic of Indus Valley Civilization. Archocology evidences prove this fact.

Q:

How many artists have recently been awarded the Sangeet Natak Akademi Amrit Award?

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  • 1
    46
    Correct
    Wrong
  • 2
    84
    Correct
    Wrong
  • 3
    78
    Correct
    Wrong
  • 4
    65
    Correct
    Wrong
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Answer : 2. "84"
Explanation :

1. Vice President Jagdeep Dhankhar has presented the Sangeet Natak Akademi Amrit Awards.

2. This award has been given to a total of 84 artists.

3. Given to all the artistes of India above 75 years of age.

4. This award list includes 70 men and 14 women?

Q:

Forced saving refers to-

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  • 1
    Compulsory deposits imposed on income tax payers
    Correct
    Wrong
  • 2
    Provident fund contribution of private sector employees
    Correct
    Wrong
  • 3
    Reduction of consumption consequent to a rise in price
    Correct
    Wrong
  • 4
    Taxes on individual income and wealth
    Correct
    Wrong
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Answer : 3. "Reduction of consumption consequent to a rise in price"
Explanation :

According to Nobel Prize winner Frederick Wan, Forced Saving in an economic situation in which consumer spend less than their disposable income, not because they want to save but because the goods they seek are not avoidable or because goods are too expensive.

Q:

The Census of Indian agriculture is done by–

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  • 1
    Production Method
    Correct
    Wrong
  • 2
    Income Method
    Correct
    Wrong
  • 3
    Expenditure Method
    Correct
    Wrong
  • 4
    Consumption Method
    Correct
    Wrong
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Answer : 1. "Production Method "
Explanation :

Under the consideration of India economy, census of agriculture, is done by production method.

Q:

If a country produces consumer goods only and nothing else, then-

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  • 1
    Standard of living will be highest
    Correct
    Wrong
  • 2
    The country have certain amount of good
    Correct
    Wrong
  • 3
    The country will soon become poor if external trade will not happen
    Correct
    Wrong
  • 4
    The country will gradually become rich if external trade will not happen
    Correct
    Wrong
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Answer : 3. "The country will soon become poor if external trade will not happen"
Explanation :

If any country will produce only consumer good, then gradually the country will become poor as there will be no exchange of other goods and the economy of that country will highly be affected.

Q:

GDP is what percent of Fiscal deficit?

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  • 1
    7
    Correct
    Wrong
  • 2
    4
    Correct
    Wrong
  • 3
    8
    Correct
    Wrong
  • 4
    1
    Correct
    Wrong
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Answer : 2. "4"
Explanation :

Expl:- In budget 2014-15 the percent of G.D.P was 4.1 of fiscal deficit. But in 2015-16 its percent becomes 3.9% of fiscal deficit.

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