31. Largest town of Malta is __?
[A] Valletta
[B] Birgu
[C] Mdina
[D] St. Paul\’s Bay
Show Answer
Correct Answer: D [St. Paul\’s Bay]
Notes:
The largest town of the Republic of Malta is St. Paul’s Bay. The town of St. Paul’s Bay is located in the northern region of Malta. It has a total estimated population of about 23,000 people.
32. Oman has which form of government?
[A] Monarchy
[B] Parliamentary
[C] Presidential
[D] Constitutional Monarchy
Show Answer
Correct Answer: A [Monarchy]
Notes:
Oman, officially known as Sultanate of Oman, is a country situated in the southern Arab peninsula. The Sultanate of Oman is an Absolute Monarchy. The present monarch of the state is Haitham bin Tariq Al Said.
33. Which ruler of Shah Mir Dynasty conquered Punch?
[A] Ghiyasuddin
[B] Sultan qutbuddin
[C] Balbanuddin
[D] Farookhuddin
Show Answer
Correct Answer: B [Sultan qutbuddin ]
Notes:
Sultan Qutbuddin of the Shah Mir Dynasty conquered Punch (1373-89). His son, Sultan Sikander (1389-1413), known for iconoclasm, faced Timur’s invasion but saved Kashmir through diplomacy. He established the Jamia Masjid in Srinagar and promoted Persian culture.
34. Which term refers to the risk of potential capital losses due to fluctuations in security prices?
[A] Provisional Security
[B] Loss on Security Provisions
[C] Demeaning Security Provisions
[D] Provisional Loss on Security
Show Answer
Correct Answer: B [Loss on Security Provisions]
Notes:
Loss on Security Provisions pertains to the risk of capital losses that could occur due to changes in the prices of securities. It’s crucial for investors to understand this risk as part of their investment strategy, given that prices of securities can fluctuate due to various external factors such as market volatility, economic conditions, or changes in interest rates. Therefore, this understanding allows investors to manage their portfolios effectively to mitigate potential losses.
35. Which literature the famous Tolkappiyam from Sangam age belongs to?
[A] Sanskrit
[B] Telgu
[C] Kannad
[D] Tamil
Show Answer
Correct Answer: D [Tamil]
Notes:
The Tolkappiyam is a work on the grammar of the Tamil language written in the form of poems around 200 BC by Tolkappiyar complied in second sangam. The seat of the second Sangam was Kapatpuram. It was attended by several poets and produced a large mass of literature, but only Tolkappiyam (the early Tamil grammar) has survived.
36. Battle of Buxar was fought in the year ____:
[A] 1526
[B] 1576
[C] 1764
[D] 1857
Show Answer
Correct Answer: C [1764]
Notes:
The Battle of Buxar was fought on 22 October, 1764 between the forces of the British East India Company under Hector Munro and the combined armies of Mir Qasim, the Nawab of Bengal; the Nawab of Awadh; and the Mughal King Shah Alam II. It resulted in a decisive victory for the British East India Company.
37. For which type of fertilizer, India is fully dependent on imports?
[A] Potash Fertilizer
[B] Nitrogen Fertilizer
[C] Phosphatic Fertilizer
[D] None of the above
Show Answer
Correct Answer: A [Potash Fertilizer]
Notes:
Potash fertilizer is not manufactured in India. In India, few deposits of potash mineral are reported from Sidhi district of Madhya Pradesh, Sonbhadra district of Uttar Pradesh, Kaimur district of Bihar and Sawai Madhopur and Karauli districts of Rajasthan. It is in the form of Glauconitic (a potassium bearing green mica) sandstone.
38. What is the meaning of monopoly?
[A] single buyer
[B] many sellers
[C] single seller
[D] many buyers
Show Answer
Correct Answer: C [single seller]
Notes:
A monopoly exists when a specific individual or enterprise is the sole supplier of a particular commodity, contrasting it with a monopoly, which concerns a single entity’s control of the market to purchase a good or service. Monopolies are characterized by a lack of economic competition for the production of a good or service and a lack of viable substitute goods.
39. Consumption function expresses the relationship between consumption and what?
[A] savings
[B] income
[C] investment
[D] price
Show Answer
Correct Answer: B [income]
Notes:
The consumption function shows the relationship between real disposable income and consumer spending. It is a mathematical formula laid out by famed economist John Maynard Keynes.
40. If Total Product is Maximum then: (AP = Average Product) (MP = Marginal Product)
[A] AP = 0
[B] AP < 0
[C] MP = 0
[D] AP = MP = 0
Show Answer
Correct Answer: B [AP < 0]
Notes:
Equilibrium output refers to the level of output where aggregate demand equals aggregate supply (AD = AS) in an economy. It shows that whatever the manufacturer intends to produce during the year is the same as what the buyer bought during the year.