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Question : In the given expression of GDP according to the expenditure method, which of the following represents the aggregate import expenditure incurred by the economy?
C + I + G + X – M

Option 1: C

Option 2: M

Option 3: I

Option 4: X

Team Careers360 25th Jan, 2024

Correct Answer: M


Solution : The correct option is M.

In the given expression of GDP according to the expenditure method: C + I + G + (X − M). X represents exports (income from exports), and M represents imports expenditure. Therefore, (X − M) represents net exports or the

10 Views

Question : The term Ecosystem was proposed by:

Option 1: Vladimir Vernadsky

Option 2: S.A. Forbes

Option 3: Arthur George Tansley

Option 4: August Thienemann

Team Careers360 10th Jan, 2024

Correct Answer: Arthur George Tansley


Solution : The correct option is Arthur George Tansley.

In 1935, Arthur G. Tansley first used the term "ecosystem." The entire group of organisms and the natural setting in which they live together make up an ecosystem. Through nutrient cycles and energy exchanges, these biotic

14 Views

Question : Select the most appropriate ANTONYM of the given word.

Partial

Option 1: Unjust

Option 2: Prejudiced

Option 3: Doubtful

Option 4: Unbiased

Team Careers360 21st Jan, 2024

Correct Answer: Unbiased


Solution : The correct answer is the fourth option.

Partial means favouring one side or party more than the others; showing favouritism, while unbiased means free from bias or favouritism; treating all sides equally.

The meanings of the other options are as follows:

  • Unjust: Lacking justice

8 Views

Question : Government borrowing to finance budget deficits ____________.

Option 1: will exert downward pressure on interest rates

Option 2: will not affect interest rates

Option 3: will increase the supply of loanable funds

Option 4: will put upward pressure on interest rates

Team Careers360 9th Jan, 2024

Correct Answer: will put upward pressure on interest rates


Solution : The correct answer is will put upward pressure on interest rates.

When a government's expenditure on goods, services, or transfer payments exceeds its tax collections, it has a budget deficit. Governments borrow money to cover budgetary shortfalls, and

20 Views

Question : In how many months will Rs. 8000 yield Rs. 2648 if compound interest at 20% per annum is compounded semi-annually?

Option 1: 18

Option 2: 24

Option 3: 12

Option 4: 30

Team Careers360 12th Jan, 2024

Correct Answer: 18


Solution : We have,
$P$ = Rs. 8,000, $r$ = 20% and $t$ = 2 (compounded semi-annually).
$A$ = $P$ + $\text{Interest}$ = Rs. 8000 + Rs. 2648 = Rs. 10,648.
$A = P \left(1+\frac{\frac{r}{2}}{100}\right)^{2t}$
$⇒10648 = 8000 \left(1+\frac{\frac{20}{2}}{2}\right)^{2t}$
$⇒1.331 = \left(1.1\right)^{2t}$
$⇒(1.1)^3 = \left(1.1\right)^{2t}$
$⇒ 3

18 Views

Question : Which was the earliest settlement of the Dutch in India?

Option 1: Masulipatnam

Option 2: Pulicat

Option 3: Surat

Option 4: Ahmedabad

Team Careers360 14th Jan, 2024

Correct Answer: Pulicat


Solution : The correct answer is Pulicat.

The Dutch were compelled to go to the East for commercial reasons. In 1596, Cornelis de Houtman made his first voyage to Sumatra and Bantam. At Pulicat, the Dutch made their first permanent settlement. Pulicat, now called Pazhaverkadu, is

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