Objective General Knowledge

Q. Huge deposits of uranium were recently found in
1 Karnataka
2 Tamil Nadu
3 Andhra Pradesh
4 Kerala
Ans: 3
Q. A law made by the Judiciary is known as
1 Ordinary law
2 Rule of law
3 Administrative law
4 Case law
Ans: 4
Q. One of the important attributes of Parliamentary from of government is
1 Executive is answerable to the people
2 Executive is separate from the legislature
3 Fixed tenure for the executive
4 Collective responsibility of the Council of Ministers of the Parliament
Ans: 4
Q. Which of the following does not come under legislative control over administration?
1 Adjournment motion
2 Budget session
3 Formulation of a Bill
4 Zero hour
Ans: 2
Q. From which fund can the unanticipated expenditure be met without the prior approval of the Parliament?
1 Vote-on-Account
2 Consolidated Fund of India
3 From the Treasury
4 Contingency Fund of India
Ans: 4
Q. Who propounded the Innovation theory of profits?
1 P.A.Samuelson
2 Alfred Marshall
3 J.A.Schumpeter
4 David Ricardo
Ans: 3
Q. The degree of monopoly power is to be measured in terms of the firm's
1 normal profit
2 selling price
3 supernormal profit
4 both normal and supernormal profit
Ans: 3
Q. Effective demand depends on
1 output-capital ratio
2 supply price
3 total expenditure
4 capital-output ratio
Ans: 2
Q. Which one of the following is not a 'canon of taxation' according to Adam Smith?
1 Canon of convenience
2 canon of economy
3 Canon of simplicity
4 canon of certainty
Ans: 3
Q. The Chola kings were ruling over
1 Kerala
2 Bengal
3 Andhra
4 Tamil Nadu
Ans: 4