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Question : Which of the following statements is not correct concerning the poverty line? I. In India, it is estimated after every ten years. II. The proportion of people below the poverty line is not the same for all social groups and economic categories in India.
Option 1: Both I and II
Option 2: Only II
Option 3: Neither I nor II
Option 4: Only I
Correct Answer: Only I
Solution : The correct option is Only I.
The poverty line in India is not estimated after every ten years. Instead, it is regularly updated and revised by the government to account for changes in the cost of living and other economic factors. The estimation
Question : The vice president is the ex-officio Chairman of the
Option 1: Rajya Sabha
Option 2: Lok Sabha
Option 3: Planning Commission
Option 4: National Development Council
Correct Answer: Rajya Sabha
Solution : The correct option is Rajya Sabha.
While in office, the vice president is responsible for acting in the capacity of Rajya Sabha Chairman. An "ex-officio" post is one in which the incumbent serves as the Rajya Sabha Chairman by holding the vice presidential office.
Question :
Directions: In the following question, select the related number from the given alternatives. 8 : 23 :: 48 : ?
Option 1: 90
Option 2: 138
Option 3: 168
Option 4: 112
Correct Answer: 138
Solution : Given: 8 : 23 :: 48 : ?
The pattern is as follows – Like, 8 : 23→(8 × 3) – (8 ÷ 8) = 24 – 1 = 23 Similarly, for 48 : ?→(48 × 3) – (48 ÷ 8) = 144 – 6
Question : A man sells his bike for Rs. 1,32,000 earning a profit of 10%. If he had sold it for Rs. 1,26,000, then what is his profit or loss percent?
Option 1: 10% profit
Option 2: 5% loss
Option 3: 10% loss
Option 4: 5% profit
Correct Answer: 5% profit
Solution : Given: Selling price including 10% profit: Let the cost price be CP. $\frac{110}{100} \times CP=132000$ Cost price = 120000 If it is sold at Rs 126000 Profit = 126000 – 120000 = 6000 Profit percentage = $\frac{\text{Profit}}{\text{Cost price}}\times 100$ = $\frac{6000}{120000}\times 100$ = 5%
Question : The internal rate of return:
Option 1: must be less than the investment rate if the firm is to invest.
Option 2: make the present value of profit equal to the present value of costs.
Option 3: falls as the annual yield of an investment rises.
Option 4: is equal to the market interest rate for all the firm's investments.
Correct Answer: falls as the annual yield of an investment rises.
Solution : The correct option is to fall as the annual yield of an investment rises.
A metric used in financial analysis to gauge the profitability of possible investments is the Internal Rate of Return or IRR. In
Question : Comprehension: Read the following passage and answer the questions given after it. In the late 18th century the Industrial Revolution began to transform life in Britain. Until then, most people lived in the countryside and made their living from farming. By the mid-19th century, most people in Britain lived in towns and made their living from mining or manufacturing industries. In 1712 a man named Thomas Newcomen (1663-1729) made primitive steam engines for pumping water from mines. In 1769 James Watt (1736-1819) patented a more efficient steam engine. In 1785 his engine was adapted to driving machinery in a cotton factory. The use of steam engines to drive machines slowly transformed the industry. Meanwhile, during the 1700s Britain built up a great overseas empire. The North American colonies were lost after the War of Independence 1776-1783. On the other hand, after the Seven Years' War 1756-1763, Britain captured Canada and India. Britain also took Dominica, Grenada, St. Vincent and Tobago in the West Indies. In 1707 the Act of Union was passed. Scotland was united with England and Wales. England became part of Great Britain. Owning land was the main form of wealth in the 18th century. Political power and influence were in the hands of rich landowners. At the top were the nobility. Below them were a class of nearly rich landowners called the gentry. In the early 18th century there were another class of landowners called yeomen who were small landowners, described as farmers of the middle class. However, during the century this class became less and less numerous. However other middle class people such as merchants and professional men became richer and more numerous, especially in the towns. Below them were the great mass of the population, craftsmen and labourers. In the 18th century, probably half the population lived at subsistence or bare survival levels. In the early 18th century England suffered from gin drinking. It was cheap and it was sold everywhere as you did not need a license to sell it. Many people ruined their health by drinking gin. Sadly, for many poor people drinking gin was their only comfort. The situation improved after 1751 when a tax was imposed on gin. At the end of the 17th century, it was estimated the population of England and Wales was about 5 1/2 million. The population of Scotland was about 1 million. The population of London was about 600,000. In the mid-18th century, the population of Britain was about 6 1/2 million. In the late 18th century it grew rapidly and by 1801 it was over 9 million. The population of London was almost 1 million. During the 18th century, towns in Britain grew larger. Nevertheless, most towns still had populations of less than 10,000. However, in the late 18th century new industrial towns in the Midland and the North of England mushroomed. Meanwhile, the population of London grew to nearly 1 million by the end of the century. Other towns were much smaller. The population of Liverpool was about 77,000 in 1800. Birmingham had about 73,000 people and Manchester had about 70,000. Bristol had a population of about 68,000. Sheffield was smaller with 31,000 people and Leeds had about 30,000 people. Question: Which of the following was NOT a colony of Britain in the West Indies?
Option 1: Tobago
Option 2: Canada
Option 3: Dominica
Option 4: Grenada
Correct Answer: Canada
Solution : The right choice is the second option.
Explanation: The passage mentions that, in the West Indies, Britain took Dominica, Grenada, St. Vincent, and Tobago. However, Canada is not listed among the West Indies colonies. Canada is a separate region mentioned in the context
Question : Comprehension: Read the following passage and answer the questions given after it.
Amidst a maze of rocks tucked in the Aravalli mountain ranges of Haryana, a team of archaeologists discovered cave paintings they believe belong to the Upper Palaeolithic age. The cave paintings have been discovered just outside the national capital and a stone's throw away from a holy grove called Mangar Bani- the region's only surviving patch of primary forest. While the residents of the villages have been familiar with the paintings for ages, the Haryana government's museum and archaeology department took note of them just recently. A fact-finding team was sent to the area in the last week of June. The team came across cave paintings comprising images of human figurines, animals, foliage, and geometric drawings. While some have paled over time, others are still very visible. They also discovered rock art and open-air ceremonial sites. Banani Bhattacharyya, deputy director of the department of archaeology and museums, informed, "So far, cave paintings in Delhi-NCR have only been found here. The paintings are yet to be dated, but at least some of them belong to the Upper Palaeolithic period in all likelihood. We are viewing the paintings in continuation with the Soanian culture that has been found in Shivalik Hills, Narmada, and Aravallis." Most of the cave paintings found were in ochre colour, but some were in white. As per experts, cave paintings in white are usually from a later stage (early contemporary era), while Stone Age paintings are more often than not in ochre. "Stone age paintings generally use red and ochre colours. Stones of these colours used to be available locally and inhabitants crushed the stones for preparing the colour for paintings," added Bhattacharyya. The Upper Paleolithic Age began around 40,000 years ago and lasted till around 10,000 years ago. While yet to be established through archaeological dating, Bhattacharyya says the Mangar cave art is $20,000-40,000$ years old. Bhattacharyya claimed that the discovery is extremely significant. "Starting from the Lower Palaeolithic to Middle Palaeolithic then Upper Palaeolithic, we see the evolution here. We have found significant remains from Lower Palaeolithic till Middle and Upper Palaeolithic periods too," she explained. "Though tools from the Palaeolithic Age have been identified earlier in parts of the Aravallis, it is for the first time that cave paintings and rock art of a large magnitude have been found in Haryana," she added. Question: The archaeological findings in the Mangar Forest consist of all the following except
Option 1: tools
Option 2: ceremonial sites
Option 3: cave paintings
Option 4: rock art
Correct Answer: tools
Solution : The first option is the correct choice (refer to the second paragraph).
The passage mentions various archaeological findings in the Mangar forest, including cave paintings, rock art, and open-air ceremonial sites. However, it does not specifically mention the discovery of tools in the Mangar Forest.
Question : Which of the following articles of the Indian Constitution enshrines that if we are observing any religious procession, then we need to remember communal harmony?
Option 1: Article 51A(d)
Option 2: Article 51A(c)
Option 3: Article 51A(b)
Option 4: Article 51A(e)
Correct Answer: Article 51A(e)
Solution : The correct option is Article 51A(e).
Article 51A(e) specifically states: "It shall be the duty of every citizen of India:
"to promote harmony and the spirit of common brotherhood amongst all the people of India transcending religious, linguistic, and regional or sectional diversities; to
Question : Select the correct active form of the given sentence.
By whom has this mischief been done?
Option 1: Who has been doing this mischief?
Option 2: Who did this mischief?
Option 3: Who has done this mischief?
Option 4: Who is doing this mischief?
Correct Answer: Who has done this mischief?
Solution : The correct choice is the third choice.
Explanation: Active voice is a sentence or clause in which the subject performs the action. It typically follows the following structure: subject, verb, and object. The active voice is often more direct and straightforward
Question : Paika dance is performed in which of the following states?
Option 1: Goa
Option 2: Kerala
Option 3: Assam
Option 4: Jharkhand
Correct Answer: Jharkhand
Solution : The correct answer is Jharkhand.
The Sadani Nagpuri martial folk dance of Paiki, also referred to as Painki and Paika, is performed in the Chotanagpur plateau region of Jharkhand, Chhattisgarh, and Odisha. Paika is a kind of long spear. It has long been a part
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