Business and Economics - General Knowledge Questions

1 .
A capital equipment costing Rs. 2,50,000 today has Rs. 50,000 salvage value at the end of five years. If the straight-line depreciation method is used, what will be the book value of the equipment at the end of two years ?
A)
Rs. 40,000
B)
Rs. 1,50,000
C)
Rs. 1,70,000
D)
Rs. 2,00,000

Correct Answer :   Rs. 1,70,000

2 .
The SGL depository of the RBI maintains custody and ownership of ....... securities in electronic form.
A)
SLR
B)
CRR
C)
Commercial papers
D)
Other than those given as options

Correct Answer :   Other than those given as options

3 .
The total cost that arises when the quantity produced is increased by one unit is called
A)
Average cost
B)
Marginal cost
C)
Fixed cost
D)
Unit cost

Correct Answer :   Marginal cost

4 .
Which of the following Act/ Rule of Rajasthan has a provision of a joint meeting of Gram Sabha ?
A)
Rajasthan Panchayati Raj (Modification of provisions in their application to the Scheduled Areas) Act, 1999
B)
Rajasthan Panchayati Raj (Modification of provisions in their application to the Scheduled Areas) Act, 2011
C)
Rajasthan Panchayati Raj Act, 1994
D)
Rajasthan Panchayati Raj Rules 1996

Correct Answer :   Rajasthan Panchayati Raj (Modification of provisions in their application to the Scheduled Areas) Act, 2011

5 .
The most volatile part the Organised money market in India is
A)
Call Money Market
B)
Commercial Bill Market
C)
Certificate of Deposit Market
D)
Government Security Market

Correct Answer :   Call Money Market

6 .
Which one of the following is the correct sequence in decreasing order of the contribution of different sectors to the Gross Domestic Product of India ?
A)
Services > Agriculture > Industry
B)
Industry > Services > Agriculture
C)
Industry > Agriculture > Services
D)
Services > Industry > Agriculture

Correct Answer :   Services > Industry > Agriculture

7 .
Repo rate comes under preview of
A)
Monetary Policy
B)
Fiscal Policy
C)
Labour Policy
D)
Population Policy

Correct Answer :   Monetary Policy

8 .
Which is the largest item under Non-plan Expenditure of Central Government ?
A)
Defence
B)
Subsidy
C)
Interest payment
D)
Pension

Correct Answer :   Interest payment

9 .
Under which rule of the business of the Lok Sabha is a discussion on a motion followed by voting
A)
Rule 197
B)
Rule 194
C)
Rule 193
D)
Rule 184

Correct Answer :   Rule 184

10 .
In social cost benefit analysis, ....... is computed by following formula. 100 * (Value added at domestic Prices-Value added at the world prices)/ Value added at the world prices.
A)
The effective rate of return
B)
The economic rate of return
C)
The effective rate of protection
D)
Discount rate

Correct Answer :   The effective rate of protection

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