Eligibility
Question : According to the Mukhyamantri Ladli Behna Yojana, which of the following is not the correct eligibility?
Option 1: Should be belong to Madhya Pradesh
Option 2: Age of 23-60
Option 3: Candidates can be married, widowed or divorced women
Option 4: Annual family income should be below INR 4.50 Lakh
Correct Answer: Annual family income should be below INR 4.50 Lakh
Solution : The correct option is Annual family income should be below INR 4.50 Lakh.
The eligibility criteria for the Mukhyamantri Ladli Behna Yojana includes being a permanent resident of Madhya Pradesh, aged between 23 and 60, and
Question : A can do as much work in 4 days as B can do in 5 days and B can do as much work in 6 days as C in 7 days. In what time will C complete a piece of work that A can do in a week?
Option 1: $10\frac{5}{24}$ days
Option 2: $4\frac{4}{5}$ days
Option 3: $6\frac{8}{15}$ days
Option 4: $12\frac{6}{19}$ days
Correct Answer: $10\frac{5}{24}$ days
Solution : A's 4-day work = B's 5-day work The ratio time is taken by A and B = 4 : 5 B's 6-day work = C's 7-day work The ratio of time taken by B and C = 6 : 7 Combining the two ratios,
Question : Choose the correct statement:
Statement 1: Cross-sectional Analysis compares a firm's ratios to those of a few chosen companies in the same industry or to the industry average at the same period. A similar comparison is beneficial in determining the firm's relative performance.
Statement 2: Comparing a company's present ratios to its prior ratios is another technique to make comparisons using time-series analysis.
Option 1:
Statement 1 is correct, Statement 2 is wrong
Option 2: Statement 2 is correct, Statement 1 is wrong
Option 3: Both Statements are correct
Option 4: Both Statements are wrong
Correct Answer: Both Statements are correct
Solution : Cross-sectional Analysis means comparing a firm's ratios to those of a few chosen companies in the same industry or the industry average at the same period. A similar comparison is beneficial in determining the firm's relative performance. And to compare a firm's
Question : Case Study:
ABC Electronics sponsors a local charity event and gets its logo featured on promotional materials. Which form of sales promotion is demonstrated here?
Option 1: Trade Shows
Option 2: Event Marketing
Option 3: Samples
Option 4: Loyalty Programs
Correct Answer: Event Marketing
Solution : The correct answer is (b) Event Marketing.
By sponsoring a local charity event and having its logo featured on promotional materials, ABC Electronics is engaging in event marketing. Event marketing involves promoting a brand or product through participation or sponsorship of events, which can
Question : For a bank, the main liability is the ______.
Option 1: deposits
Option 2: economic rent
Option 3: assets
Option 4: loans
Correct Answer: deposits
Solution : The correct answer is deposits.
For a bank, the main liability is the "deposits" it holds. Deposits represent the funds that customers place in the bank, which the bank is obligated to repay on demand or according to the terms agreed upon with the
Question : Select the most appropriate option that can substitute the underlined segment in the given sentence.
Computers and mobile phones have become a necessary and important part of our lives.
Option 1: a requisite
Option 2: an essential
Option 3: a required
Option 4: a needed
Correct Answer: an essential
Solution : The correct choice is the second option.
The word important is used to describe the significance of computers and mobile phones in our lives. The synonym, essential aligns well with the meaning, emphasising that computers and mobile phones are indispensable or crucial components
Question : The following represent the opportunity cost of holding money, except:
Option 1: Loss of utility from goods that could have been purchased with the same amount of money
Option 2: Loss of interest-earning on cash holdings
Option 3: Loss of purchasing power of money due to inflation
Option 4: Transaction cost in withdrawing money
Correct Answer: Transaction cost in withdrawing money
Solution : The answer is the Transaction cost of withdrawing money.
In economics, opportunity cost is the value or benefits that entrepreneurs, small firms, organisations, investors, or individuals pass on because they would rather do or achieve something else. The following represent the
Question : Which of the following statements regarding eligibility for the selection to the post of President of India is incorrect?
Option 1: He/She must have completed the age of 35 years
Option 2: He/She should be a citizen of India
Option 3: He/She should be qualified for the election as a member of the Lok Sabha
Option 4: He/She should be a graduate
Correct Answer: He/She should be a graduate
Solution : The correct answer is He/She should be a graduate.
Article 58 of Part V of the Indian Constitution talks about the qualifications for election as president.He/She Should -
Question : Which of the following is the reason of excess demand?
Option 1: Rise in the prosperity to consume
Option 2: Reduction in taxes
Option 3: Rise in imports
Option 4: Both A and B.
Correct Answer: Both A and B.
Solution : Following are the reasons of excess demand-
Hence Option D is correct.
Question : Which of the following is not correct about the eligibility criteria for being elected as Vice President of India?
Option 1: He/She should be a citizen of India.
Option 2: He/She should have completed 35 years of age.
Option 3: He/She should not hold any office of profit under the Union government/state government or any subordinate local authority.
Option 4: He/She should be qualified for election as a member of the Lok Sabha.
Correct Answer: He/She should be qualified for election as a member of the Lok Sabha.
Solution : The correct option is He/She should be qualified for election as a member of the Lok Sabha.
The Vice President of India is not required to be qualified for election as a member
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