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Question : According to David Ricardo, during a high deficit situation taxation and borrowing are ______means of spending.

Option 1: prudent

Option 2: differentiated

Option 3: equivalent

Option 4: subsidised

Team Careers360 25th Jan, 2024

Correct Answer: equivalent


Solution : The correct answer is equivalent.

According to the economic theory known as Ricardian equivalence, increasing government deficit spending won't increase demand as intended. In some cases, according to Ricardo, even the financial effects of these can be compared because taxpayers are aware that, even

50 Views

Question : A work can be completed by N men in 15 days. 5 men leave the work after 3 days. The remaining work was completed in 18 days. What is the value of N?

Option 1: 18

Option 2: 21

Option 3: 15

Option 4: 12

Team Careers360 25th Jan, 2024

Correct Answer: 15


Solution : Let the efficiency of one man be E
Total work done by N men for 15 days with efficiency of E = N × E × 15 = 15NE
Total work done by N men in 3 days = 3NE
The remaining work = 15NE

15 Views

Question : Who was the first to use the term 'State'?

Option 1: Hobbes

Option 2: Plato

Option 3: Aristotle

Option 4: Machiavelli

Team Careers360 25th Jan, 2024

Correct Answer: Machiavelli


Solution : The correct option is Machiavelli.

Niccol Machiavelli (1469-1527), an Italian philosopher, is credited with coining the term "state" in its contemporary connotation. He describes the state in his book The Prince as "a political unit that is sovereign and has a monopoly on the legitimate

53 Views

Question : Directions: In the given question, select the related letter from the given alternatives.
MAD : JXA :: RUN : ?

Option 1: PRJ

Option 2: UXQ

Option 3: ORK

Option 4: OSQ

Team Careers360 25th Jan, 2024

Correct Answer: ORK


Solution : Given:
MAD : JXA :: RUN : ?

Subtract 3 from the place value of the letters of MAD, to get the second term –
M – 3 = J, A – 3 = X, D – 3 = A.
Thus MAD is codded JXA.

23 Views

Question : The concept of judicial review in the Indian Constitution has been taken from which country?

Option 1: Ireland

Option 2: USA

Option 3: Australia

Option 4: Canada

Team Careers360 25th Jan, 2024

Correct Answer: USA


Solution : The correct answer is USA.

The United States of America is where the idea of judicial review originated. Through judicial review, the judiciary can determine whether a piece of legislation is constitutional and overturn any law that violates the fundamental principles of the Constitution. It

93 Views

Question : Identify the incorrect statement/s concerning Self-help groups.

i. They include voluntary groups of up to 20 socially and economically homogenous people.

ii. There is no need to follow well-defined rules and bylaws for SHGs.

iii. In April 1996, RBI declared SHG-BLP a priority sector lending activity.

Option 1: ii and iii

Option 2: Only i

Option 3: Only iii

Option 4: Only ii

Team Careers360 25th Jan, 2024

Correct Answer: Only ii


Solution : The correct option is Only ii.

Self-help groups typically have well-defined rules and bylaws to govern their functioning. These rules help ensure transparency, accountability, and smooth operation within the group. SHGs need clear guidelines to ensure financial and social cooperation among their members.

17 Views

Question : Ustad Amjad Ali Khan Bangash is an Indian classical _________ player.

Option 1: violin

Option 2: sarod

Option 3: guitar

Option 4: sitar

Team Careers360 25th Jan, 2024

Correct Answer: sarod


Solution : The correct option is sarod.

Ustad Amjad Ali Khan Bangash, a legendary sarod player, showcased masterful technique, global ambassadorship and innovation in tradition. His legacy includes founding Sarod Ghar, empowering future musicians and receiving esteemed awards, like the Padma Vibhushan (2001), for his significant

6 Views

Question : Directions: In the following question, a series is given with one number missing. Select the missing number from the given alternatives.
11, 8, 4, –1, ?

Option 1: –5

Option 2: 5

Option 3: –6

Option 4: –7

Team Careers360 25th Jan, 2024

Correct Answer: –7


Solution : Given:
11, 8, 4, –1, ?

Subtract consecutive natural numbers (starting with 3) from the numbers, to obtain the required missing number.
11 – 3 = 8; 8 – 4 = 4; 4 – 5 = –1; –1 – 6 = –7

So, –7 is

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