Law
Question : During the year ending on 31st March 2017 — 15%, What should be the minimum investment or deposit by Universal Ltd. to meet the requirement of law, if it realises or increases proportionate investment?
Option 1: On or Before 30th April,2016 and Rs 45,000
Option 2: On or before 30 April 2017 and Rs 75,000
Option 3: On or before 30 April 2020 And Rs 60,000
Option 4: None of the above
Correct Answer: On or Before 30th April,2016 and Rs 45,000
Solution : Answer = On or Before 30th April 2016 and Rs 45,000
On or Before 30th April 2016
15% of Rs. 20,00,000 =Rs. 3,00,000
15% of Rs. 3,00,000 = Rs.45,000 Hence, the correct option is 1.
Question : According to one of the assumption of Law of Diminishing Marginal Utility, there should be _______________between the consumption of one unit and another unit.
Option 1: Equal time gap
Option 2: No time gap
Option 3: Long time gap
Option 4: Any of these
Correct Answer: No time gap
Solution : The correct answer is (b) No time gap.
According to the assumption of the Law of Diminishing Marginal Utility, there should be no time gap between the consumption of one unit and another unit. This assumption implies that the units of a commodity are consumed one after another without any significant delay or interruption. This allows for the observation of the diminishing marginal utility, as the satisfaction or utility derived from each additional unit tends to decrease.
Question : Comprehension: In the following passage, some words have been deleted. Fill in the blanks with the help of the alternatives given. Select the most appropriate option for each number.
Equality and freedom have both been identified as important (1)_________ of democracy since ancient times. These. principles are reflected in all citizens being (2)_________ before the law and having equal access to (3)_________ processes. For example, in a representative democracy, (4)__________ vote has equal weight, no unreasonable restrictions can apply to anyone seeking to become a (5)___________, and the freedom of its citizens is secured by legitimised rights and liberties which are generally protected by a constitution.
Question: Select the most appropriate option to fill in the blank number 1.
Option 1: statistics
Option 2: characteristics
Option 3: analytics
Option 4: linguistics
Correct Answer: characteristics
Solution : The correct choice is the second option.
Explanation: In the context of the sentence, the word that best fits is "characteristics". The sentence is discussing the important features or attributes associated with democracy, and "characteristics" accurately conveys this meaning. It highlights the essential qualities that define democracy, such as equality and freedom.
So, the correct answer is characteristics.
Question : In which of the following cases does the law of demand fail?
Option 1: Giffen goods
Option 2: Normal goods
Option 3: Inferior goods
Option 4: Both Giffen and inferior goods
Correct Answer: Giffen goods
Solution : The correct answer is Giffen goods.
The law of demand generally holds that when a good's price goes up, people tend to buy less of it, and when its price goes down, they buy more. However, Giffen goods stand as a unique exception to this principle. Giffen goods, while uncommon, are typically linked to essential but lower-quality products, such as basic staple foods.
Question : Directions: Pointing to the lady in the photograph, Seema said "Her son's father is the son-in-law of my mother". How is Seema related to the lady?
Option 1: Sister
Option 2: Mother
Option 3: Cousin
Option 4: Aunt
Correct Answer: Sister
Solution : As per the given information, the family tree will be as follows –
Here, the quadrilateral represents the male, and the circular figure represents the female in the figure.
So, from the above family tree, Seema is either the brother or sister of the lady. But the brother is not mentioned in the given options.
Therefore, Seema is the sister of the lady. Hence, the first option is correct.
Question : Comprehension: In the following passage, some words have been deleted. Read the passage carefully and select the most appropriate option to fill in each blank.
Tragedy has once again struck the Valachukettil family of Sooppikkada village in Kerala's Kozhikode district as one more member (1) ______ to the Nipah virus infection on Thursday. District Medical Officer V Jayashree said that V Moosa, 60, who had been (2) ______treatment at Baby Memorial Hospital in the city, died on May 24 morning. This is the fourth death in the family as Moosa's sons Mohammed Sabith and Mohammed Salih, and sister-in-law Mariyam too had died of the infection (3) ______ May. With this, the death (4) ______ due to the virus infection has gone up to 12. Two persons, whose blood and body fluid samples were (5) ______ positive for the infection, are undergoing treatment. Question: Select the most appropriate option to fill in the blank number 1.
Option 1: died
Option 2: succumbed
Option 3: pioneered
Option 4: embezzled
Correct Answer: succumbed
Solution : The second option is the correct choice.
Explanation: The word succumbed is the most appropriate choice for the blank, as it fits the context of the passage. In this context, succumbed means to give in to a fatal outcome, which accurately conveys the idea that another family member fell victim to the Nipah Virus infection.
Therefore, the complete sentence is: "Tragedy has once again struck the Valachukettil family of Sooppikkada village in Kerala's Kozhikode district as one more member succumbed to the Nipah virus infection on Thursday."
Question : Comprehension: Read the given passage and answer the questions that follow. As legend has it, Rome was founded in 753 B.C. by Romulus and Remus, twin sons of Mars, the god of war. They had been left to drown in a basket on the Tiber River by a king of a nearby region and were rescued by a she-wolf. The twins lived to defeat that king and founded their city on the river's banks in 753 B.C. After killing his brother, Romulus became the first king of Rome, which is named after him. A line of Sabine, Latin, and Etruscan (earlier Italian civilisations) kings followed in a non-hereditary succession. Rome's era as a monarchy ended in 509 B.C. with the overthrow of its seventh king, Lucius Tarquinius Superbus, whom ancient historians portrayed as cruel and tyrannical, compared to his benevolent predecessors. Rome has now turned from a monarchy into a republic. The power of the monarch passed to two annually elected magistrates called consuls. They also served as commanders-in-chief of the army. The magistrates, though elected by the people, were largely the descendants of the original senators from the time of Romulus. In 450 B.C., the first Roman law code was inscribed on 12 bronze tablets-known as the Twelve Tables—and publicly displayed in the Roman Forum. These laws included issues of legal procedure, civil rights, and property rights and provided the basis for all future Roman civil laws. By around 300 B.C., real political power in Rome was centered in the Senate.
Question: Which of the following is not an earlier Italian civilisation, as mentioned in the passage?
Option 1: Roman
Option 2: Etruscan
Option 3: Sabine
Option 4: Latin
Correct Answer: Roman
Solution : The correct choice is the first option.
Explanation: In the passage, it's stated that Rome was founded by Romulus and Remus, who came after these civilisations. The passage explicitly mentions the line of Sabine, Latin, and Etruscan kings as earlier Italian civilisations. So, "Roman" is not included in the list of earlier Italian civilisations but rather signifies the city and culture that developed afterward.
Therefore, the correct answer is Roman.
Question : Which of the following laws applies to the force of attraction or repulsion between two point charges?
Option 1: Kirchhoff's Law
Option 2: Newton's Law of Universal Gravitation
Option 3: Coulomb's Law
Option 4: Newton's Laws of Motion
Correct Answer: Coulomb's Law
Solution : The correct answer is Coulomb's Law.
Coulomb's law states that the force of attraction or repulsion between two charged objects is directly proportional to the product of their charges and inversely proportional to the square of the distance between them. This force acts along the imaginary line connecting the two charges, treating them as point charges.
Question : Which of the following schedules of the Constitution of India contains provisions regarding the Anti-Defection Law?
Option 1: Second Schedule
Option 2: Fifth Schedule
Option 3: Eighth Schedule
Option 4: Tenth Schedule
Correct Answer: Tenth Schedule
Solution : The correct option is the Tenth Schedule.
The Tenth Schedule of the Indian Constitution contains the Anti-Defection Act, which addresses the disqualification of parliamentarians and state legislators who defect from their political parties. The Constitution forbade the practice of defection in 1985 to lessen its detrimental effects on political stability and the democratic process.
Question : The Anti-Defection Law was passed by the Indian Parliament in the year
Option 1: 1986
Option 2: 1988
Option 3: 1984
Option 4: 1985
Correct Answer: 1985
Solution : The correct answer is 1985.
The Anti-Defection Law was passed in 1985. It was aimed at putting a stop on the practice of political defections and bring political stability. It also added tenth schedule to the Indian constitution through the 52nd Amendment Act, 1985. According to this law if any elected member gives up its membership of the political party, or abstains from voting where whip was issued, or an independent member joins any political party etc. were some grounds of defections.
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