G.K History (141) for UPSC-TRB-TNPSC-CTET-TNTET-SSC-RAILWAY

SL NO	QUESTION	ANSWER
1	When was the minimum wages act enacted in India?	1948
2	India adopted Five Year Plan from	Farmer USSR
3	According to measurement, internal return is	Annualized effective effect
4	According to unit of measurement, internal return is.	A concept of long term production
5	Kob- Doglash Production function Q = Aha k(1-a) is dependent upon.	Constant interest return
6	Rate of internal return should.	Inake cost of production and profit equal.
7	Increasing internal return means	Decreasing cost
8	If on decreasing rate of interest increase in marginal internal return, then total internal return.	Increases
9	Third situation of low of variable proportion is	Negative return
10	The excess of the price, person is to pay rather than forego the consumption of the commodity is called.	Producer's surplus
11	Production function marks relation between.	Internal input and production
12	Production function signifies.	Industrial relation
13	Production function shows relation between	Primary input and ultimate output
14	Group consumption means.	H o u s e h o l d consumption
15	Marginal Propensity to consume lies between.	0 to 1
16	When the total product rises at an increasing rate, then the	Marginal product is rising
17	Economics of scale means reduction in	Unit cost of production
18	The remuneration of the entrepreneur in production is	Pure Profit
19	Operating Surplus is produced in	Enterprise Sector
20	In Economics, Production means	Creating utility
21	The marginal revenue of monopolist is	Less than price
22	The 'Break-even' point is where	Total revenue equals total cost.
23	Example of Sales tax is-	Indirect tax
24	Coorporate tax are imposed by central govt., but used by	Both state & central
25	Taxation is an instrument of	Fiscal policy
26	What is reduced from NNP to get National income. 0 65292	Indirect Tax
27	Indirect tax by nature are	Regressive
28	In case of direct tax, impact of tax & incidence of tax.	On same person
29	Which field gives highest tax-	Industrial sector
30	If the tax rate increases with the higher level of income it shall be called.	Progressive tax
31	Who was the chairmen of tenth Finance Commission?	K.C. pant
32	Who was the chairmen of 13th Finance Commission?	Dr. vijay L Kelkar
33	VAT was firstly implemented in	France
34	VAT is imposed on 72	All level of production and selling
35	CENVAT is related with	Excise duty
36	Fringe Benefit Tax was introduced in budget	2005-06
37	'Value - added' is equal to	Output Minus the Inputs
38	Vijay Kelkar Committee was related to	Tax reform
39	Finance Commission is organized.	After every five year
40	Excise duty is paid for-	Production of a commodity
41	If for any product X, total utility from an units is 20 and from 10 unit is 15, then Marginal utility is	-5
42	In economics, 'utility' and 'Usefulness' words has.	Different meaning
43	In baseball, the two opposing teams consist of howmany players?	9 players each
44	Which book is authored by V.S. Naipaul?	A House for Mr. Biswas
45	In which technology do Cryogenic engines find applications?	Rocket technology
46	Shovna Narayan is a reputed personality in which field?	Classical dance
47	Which is the element found on the surface of the moon?	Titanium
48	'My Music, My Life' is the autobiography of which person?	Pt. Ravi Shankar
49	Which was the first talkie film of India?	Alam Ara
50	Krishnadeva Raya wrote a famous work, namely Amuktamalyada, in which language?	Telugu