Q. 1 In economics,"capital" refers to
A) the money in one's pocket
B) mineral resources
C) buildings and equipment
D) consumer goods
✔ buildings and equipment
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Q. 2 Since foundation of nobel prize awards has been added to the original five disciplines which were considered for award of Nobel Prize
A) Peace
B) Medicine
C) Economics
D) Literature
✔ Economics
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Q. 3 Currency of Peru is
A) Euro
B) Chilean Peso
C) Dollar
D) Sol
✔ Sol
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Q. 4 Which is India's Largest BPO (Business Process Outsourcing) Company?
A) Spectramind
B) Piogeon
C) None of these
D) Technovate
✔ Spectramind
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Q. 5 Which of the following is NOT a source of tax revenue collected by the Govt of India?
A) Excise Duty
B) Custom Duty
C) Dividends & Profits
D) Income Tax
✔ Dividends & Profits
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Q. 6 Who advocated the theory of laissez Faire
A) Malthus
B) Marshall
C) None of these
D) Adam smith
✔ Adam smith
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Q. 7 A group that has exclusive business rights and titles
A) Proprietorship
B) Corporation
C) Investment
D) Company
✔ Proprietorship
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Q. 8 "Gilt-edged" means ___________.
A) market of government securities
B) bullion market
C) market of pure metals
D) market of guns
✔ market of government securities
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Q. 9 Which of the following represents 'I' in the abbreviation IRDP
A) Indian
B) Integrated
C) Internal
D) Insurance
✔ Integrated
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Q. 10 Per Captain Income of a country derived from
A) Population
B) National Income
C) none of these
D) National Income and Population both
✔ National Income and Population both
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Q. 11 Corporation Tax is imposed by
A) State Government
B) Central Government
C) None
D) Local Government
✔ Central Government
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Q. 12 Which among the following pairs is mismatched?
A) Green Revolution – 1991
B) Electricity act – 2003
C) National policy on skill & development–2009
D) National Telecom policy – 2012
✔ Green Revolution – 1991
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Q. 13 What does NPP stand for
A) National Population Policy
B) Nonprofit Partnership
C) All the above
D) Nobel Peace Prize
✔ All the above
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Q. 14 Excise duty is a tax levied on the
A) Import of goods
B) Export of goods
C) Production of goods
D) sale of goods
✔ Production of goods
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Q. 15 The 2014-2015 interim budget implemented a subcharge of 10 percent on super-rich people who have having income above how much rupees in a financial year?
A) 1 Crore
B) 50 Lakhs
C) 3 Crore
D) 2 Crore
✔ 1 Crore
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Q. 16 Centralisation is said to exist if
A) Authority is shared with Managers at lower levels
B) Top Management retains most of the decision making authority
C) None of the above
D) Employees at all levels are allowed to take initiative in work related matters
✔ Top Management retains most of the decision making authority
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Q. 17 What is e-commerce?
A) Buying and selling products and services not found in stores
B) Buying and selling international goods
C) Buying and selling products having to do with computer
D) Buying and selling products and services over the internet
✔ Buying and selling products and services over the internet
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Q. 18 In India, Agriculture income is calculated by
A) Input method
B) Output method
C) Commodity flow method
D) Expenditure method
✔ Output method
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Q. 19 Given below are four words for each question, only one of which is correctly spelt. Choose the correct one.
A) Casete
B) Cassete
C) Cassette
D) Casette
✔ Cassette
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Q. 20 If by reducing 7 from a number, we get square of 9, then what will be smallest number?
A) 83
B) 84
C) 88
D) 98
✔ 88
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