Subject

General Awareness

Class

SSCCGL Class 12

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 Multiple Choice QuestionsMultiple Choice Questions

55.

If only a part of the labour force employed by a firm can be dismissed at anytime and without pay, the total wages and salaries paid by the firm must be considered.

  •  a variable cost

  • a fixed cost

  • partly a fixed cost and partly a variable cost

  • Neither a fixed cost nor a variable cost


A.

 a variable cost

105 Views

58.

Which of the following systems is based on the principle of surplus value?

  • Capitalism

  • Individualism

  • Idealism

  • Communism


A.

Capitalism

111 Views

53.

In the case of direct taxes, the payment liability and the ultimate burden of the tax lies upon

  • the person on whom it has been imposed

  • the person on whom it has not been imposed

  • the tax department who collects the taxes

  • both on whom it has been imposed and on whom it is not imposed


A.

the person on whom it has been imposed

117 Views

54.

Interest paid to a bank for a crop loan is 

  • a transfer payment

  • a factor payment

  • capital formation

  • intermediate consumption


B.

a factor payment

124 Views

51.

Economic growth refers to

  • prevention of concentration of wealth

  • continuous growth of national income for atleast two years

  • continuous growth of per capita real income over a period of time in an economy.

  • continuous growth of agriculture sector


C.

continuous growth of per capita real income over a period of time in an economy.

381 Views

52.

Which of the following statements is incorrect?

 

  • The central problem of an economy is the problem of allocation of resources

  • Economy faces the problem of utilization of resources

  • Economy faces the problem of growth of resources

  • Econonmy faces the problem of excess of resources


D.

Econonmy faces the problem of excess of resources

143 Views

57.

Who said, "A state is known by the rights that it maintains"?

  • Laski

  • Maclver

  • J S Mill

  • Machiavelli


A.

Laski

126 Views

59.

Which of the following provides Representative Government?

  • Indirect Democracy

  • Direct Democracy

  • Democracy

  • Presidential form of Government


A.

Indirect Democracy

143 Views

56.

Members of the Union Public Service Commission are appointed by the

  • President

  • Prime minister

  • Chief Justice

  • Law Minister


A.

President

150 Views

60.

What is the main duty of the Legislature?

  • Enacting laws

  • Implementing judicial matters

  • Implementing laws

  • Central administration


A.

Enacting laws

140 Views