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Question : J. B. Say's Law of Market was not accepted by:

Option 1: Adam Smith

Option 2: Marshall

Option 3: Malthus

Option 4: David Ricardo

Team Careers360 17th Jan, 2024

Correct Answer: Marshall


Solution : The correct option is Marshall.

J. B. Say's Law of Markets, often summarised as supply creates its demand, asserts that the production of goods and services leads to the generation of income, which subsequently fuels demand for other goods and services. Essentially, the act

11 Views

Question : Which ministry implemented the National Rural Livelihood Mission (NRLM)?

Option 1: Ministry of Law and Justice

Option 2: Ministry of Rural Development

Option 3: Ministry of Labour and Employment

Option 4: Ministry of Panchayati Raj

Team Careers360 10th Jan, 2024

Correct Answer: Ministry of Rural Development


Solution : The correct option is the Ministry of Rural Development.

The Government of India's Ministry of Rural Development is in charge of carrying out the National Rural Livelihood Mission (NRLM). By encouraging self-employment and entrepreneurship options for rural households, especially women's, NRLM

17 Views

Question : Ohm's law is valid in the case of

Option 1: semiconductor

Option 2: conductor

Option 3: superconductor

Option 4: insulator

Team Careers360 18th Jan, 2024

Correct Answer: conductor


Solution : The correct option is the conductor.

Ohm's Law states that the current passing through a conductor between two points is directly proportional to the voltage across the two points, given the temperature and other physical conditions remain constant.

V=IR, where

  • V represents voltage in volts
13 Views

Question : Who said, "Where there is no law, there is no freedom"?

Option 1: Jeremy Bentham

Option 2: Vladimir Lenin

Option 3: Karl Marx

Option 4: John Locke

Team Careers360 4th Jan, 2024

Correct Answer: John Locke


Solution : The correct option is John Locke.

The quote " Where there is no law, there is no freedom" is credited to the English philosopher John Locke. Locke played a pivotal role in the evolution of contemporary political theory, best known for his views on

25 Views

Question :
Directions: Study the following histogram of wage distribution of different numbers of workers and answer the given questions.

The number of workers earning more than Rs. 940 but less than Rs. 960 is:

Option 1: 15

Option 2: 16

Option 3: 23

Option 4: 26

Team Careers360 12th Jan, 2024

Correct Answer: 15


Solution : The number of workers whose wages are between Rs. 940 to Rs. 950 is 5.
The number of workers whose wages are between Rs. 950 to Rs. 960 is 10.
$\therefore$ The number of workers earning more than Rs. 940 but less than Rs. 960

6 Views

Question : Statement 1:The object of enterpreneurship is law full business.
Statement 2: Entrepreneurship has certain temperamental,skill and other knowledge and competency requirements that can be acquired.
 

Option 1: Both are true 
 

Option 2: Both are false
 

Option 3: Statement 1 is true and statement 2 is false.
 

Option 4: Statement 1 is false and statement 2 is true.

Team Careers360 10th Jan, 2024

Correct Answer: Both are true 
 


Solution : The object of entrepreneurship is lawful business. Entrepreneurship has skill and other knowledge and competency requirements that can be quiet learnt and developed both by formal education and vocational training as well as by observation and work experience.

Hence, option A is correct.

9 Views

Question : The Competition (Amendment) Bill, 2022 belongs to _______ Ministry of India.

Option 1: Tribal Affairs

Option 2: Corporate Affairs

Option 3: Finance

Option 4: Law and Justice

Team Careers360 9th Jan, 2024

Correct Answer: Corporate Affairs


Solution : The correct answer is Corporate Affairs.

The Competition (Amendment) Bill 2022 belongs to the Ministry of Corporate Affairs. The Bill amends the definition of turnover to include global turnover derived from all products and services by a person or an enterprise. The amendment

19 Views

Question : Directions: Looking at the picture on the wall, he said "My sister-in-law S's husband Q's son N had a sister R". How is S related to R?

Option 1: Daughter

Option 2: Mother-in-law

Option 3: Daughter-in-law

Option 4: Mother

Team Careers360 6th Jan, 2024

Correct Answer: Mother


Solution : Following the instructions of the question, the family tree will be –

Here, the quadrilateral represents the male, and the circular figure represents the female in the figure.

So, S is the mother of R. Hence, the fourth option is correct.

19 Views

Question : The Law of Diminishing Marginal Utility will not hold good if the income of the consumer:

Option 1: Increases

Option 2: Decreases

Option 3: Remains constant

Option 4: Either a) or b)

Team Careers360 24th Jan, 2024

Correct Answer: Either a) or b)


Solution : The correct answer is (d) Either a) or b).

The Law of Diminishing Marginal Utility assumes that the income of the consumer remains constant. When the consumer's income increases, they have the ability to purchase more units of a good, which can

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