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The study of national income accounts is of great importance because it<br>1. reveals the changes in the size and composition of the national product.<br>2. provides us with information about the distribution of national income in the society among various groups.<br>3. reveals the manner in which national expenditure is divided between consumption and investment.
A
Both 1 and 2 are correct
B
Both 2 and 3 are correct
C
Both 1 and 3 are correct
D
All of the above
Correct Answer:
All of the above
The monthly expenditure of a person is Rs. 6000. The distribution of expenditure on various items is as follows: Item of expenditure Amount(in Rs.)
Food 2000
Clothing 660
Fuel and rent 1200
Education 480
Miscellaneous 1660 If the above data is represented by a percentage bar diagram of height 15 cm, then what are the lengths of the two segments of the bar diagram corresponding to education and miscellaneous respectively?
A
1.25 cm and 5 cm
B
1.2 cm and 4.15 cm
C
1.2 cm and 3.5 cm
D
4.15 cm and 6 cm
Two involute gears are designed to mesh for a given centre distance and a given angular velocity ratio (other than 1). During assembly, the centre distance has increased slightly. Then which of the following changes occur? (i) Velocity ratio changes (ii) Pressure angle changes (iii) Pitch circle diameter changes (iv) Working depth changes (v) Base circle radius changes Select the correct answer using the code given below.
A
1, 2 and 3
B
2, 3 and 4
C
2 and 5
D
3 and 5
Which of the following statements on Gramsci are correct?
1. The state cannot be understood without a through understanding of the Civil society.
2. Civil society is not teh ensemble of organisms commonly called 'Private'.
3. It is in the Civil Society that the struggle for hegemony takes place.
4. He derived the terma Civil society and Political Society fromj Hegel.
A
Only 1 and 4
B
Only 2 and 3
C
Only 1, 3 and 4
D
1, 2, 3 and 4
Which of the following are characteristics of the social structure of the society?
1. A society has a structure of interrelated roles.
2. Society is a special type of group with a comprehensive social system.
3. A society tends to survive for a long period.
4. A society is economically self-sufficient.
Select the correct answer:
A
1, 2 and 3
B
1, 2 and 4
C
1, 3 and 4
D
2, 3 and 4
Answer the question on the basis of the given information. Businesses are suffering because of lack of money available for development loans.To help businesses,the government plans to modify the income- tax structure in order to induce individual tax payers to put a larger portion of their incomes into retirement savings accounts, because as more money is deposited in such accounts, more money becomes available to borrowers. Which of the following, if true, raises the most serious doubt regarding the effectiveness of the government's plan to increase the amount of money available for development loans for businesses?
A
When levels of personal retirement saving increase, consumer borrowing always increases correspondingly.
B
The increased tax revenue the government would receive as a result of business expansion would not offset the loss in revenue from personal income taxes during the first year of the plan.
C
Even With tax incentives,some people will choose not to increase their levels of retirement savings .
D
Bankers generally will not continue to lend money to Businesses whose prospective earnings are insufficient to meet their loan repayment schedules.
Read the passage carefully and select the best answer to each question out of the given four alternatives.
Public opinion may be passive and false or active and real. It is claimed in theory that all governments are ultimately based on the opinion or sanction of the governed. But we find that in practice the people's rights are often trodden down and tyranny and oppression are allowed to continue. The government does it not because the people want it to do so but because they are too idle, too uneducated and too disunited or timid to oppose the govern ment. Such public opinion is passive and false and not an active verdict. But when we find people alert, intelligent and determined to let the government know their will, when they want to exercise actively their voice in the management of their country, we have an instance of true or active public opinion. True public opinion is formed by and expressed through the press, the platform, political parties and educational institutions. These have sacred duties to perform, duties on which depends the ultimate good of the entire community. The press today wields a tremendous influence, So it should support the causes and move ments and condemn the wrong one's and thus teach people to form correct opinion. A free and fair press ventilates the grievances of the public. Thus a healthy relationship develops between the people and the government through out an unbiased press. Political parties also help to create and regulate opinions. No less important part is played by the educational Institutions which train the minds of the young people who will be the citizens of tomorrow. It has been said that modern Germany and China have been made by their universities. It is necessary that the young and the growing minds should imbibe the spirit of fellow-feeling, the spirit of tolerance, the habit of compromise, and show due regard for the feelings and opinion of others without which a democratic society cannot function, let alone succeed. When there is true awakening of the people, we shall have the real and conscious public opinion. And justice will reign on earth and truly will the voice of the people be the voice of God.
What is important for the democratic society to function properly?
A
Spirit of fellow-feeling
B
Spirit of tolerance
C
Habit of compromise
D
All of these
Out of 30 days of a month the income of a stall for the first 5 days was 100 per day for the next 10 days the income was 200 per day and for the last 15 days the income was 300 per day. If there was a fixed expenditure of 5000 per month and a variable expenditure of 70 per week. Find the monthly profit of the stall.
A
1700
B
1800
C
1900
D
2000
The price of sugar increases by 32%. A family reduces its consumption so that expenditure of the sugar is up by 10% only. If the total consumption of sugar before the price rise was 10 kg per month, then the consumption of sugar per month is approximately-
A
8.33 kg
B
8.5 kg
C
8.35 kg
D
8.73 kg
After the increase of price of oil by 40%, a family decided to reduce its oil consumption so that the expenditure for oil goes up by 26% only. If the total consumption of oil before the price rise was 10 kg per month, then what is the current consumption of oil per month (in kg)?
A
8
B
8.50
C
9
D
None of these
the price of sugar increases by 32%. A family reduces its consumption so that the expenditure of the sugar is up only by 10%. If the total consumption of the sugar before the price rise was 10 kg per month, then the consumption of sugar per month at present (in kg) is :
A
$$8\frac{1}{3}$$
B
$$8\frac{1}{2}$$
C
$$8\frac{3}{4}$$
D
9