Gk Questions interview questions – page 8

In short period supply curve is

1. Perfectly inelastic
2. Perfectly elastic
3. Relatively elastic
4. Relatively inelastic

Mahatma Gandhi got his inspiration for Civil Disobedience from

1. Tolstoy 
2. Confucius
3. Thoreau
4. Ruskin

In 1930 Mahatma Gandhi started Civil Disobedience Movement from

1. Sabarmati 
2. Sevagram
3. Dandi
4. Wardha

Subhash Chandra Bose was re-elected the President of the Indian National Congress in 1939 defeating

1. Pattabhi Sitaramaiya 
2. Maulana Abul Kalam Azad
3. C. Rajagopalachari
4. Jawaharlal Nehru

The first attempt to introduce a representative and popular element in the governance of India was made through

1. Government of India Act, 1919
2. Indian Council Act, 1909
3. Indian Council Act, 1892
4. Indian Council Act, 1861

Who among the following characterised the Revolt of 1857 as a conspiracy?

1. Sir John Kaye
2. G.B. Malleson
3. Sir Lawrence
4. T. R. Holmes

Who founded Asiatic Society of Bengal?

1. Lord Ripon
2. David Hane
3. Drinkwater Bethune
4. William Jones

In whose Viceroyalty the White Mutiny (1883) took place?

1. Lord Curzon
2. Lord Hardinge
3. Lord Minto
4. Lord Ripon

In whose reign, Guru Nanak Deva established Sikhism?

1. Akbar
2. Humayun
3. Sikandar Lodi
4. Firoz Shah Tughlaq

The successor of Maharaja Ranjit Singh was

1. Naunihal Singh
2. Sher Singh
3. Harihar Singh Nalwa
4. Kharaq Singh

Who of the following compiled ‘Adigranth’ or Guru Granth Saheb’?

1. Guru Arjun Dev
2. Guru Govind Singh
3. Guru Teg Bahadur
4. Guru Nanak Dev

The supply curve in the long run is

1. Elastic
2. Inelastic
3. Perfectly elastic
4. Perfectly inelastic

____ market assumes absence of transport cost.

1. Monopoly
2. Monopolistic competitive
3. Perfectly competitive
4. Oligopoly

When demand and supply conditions are influenced at the international level, such market is called

1. Regional
2. Global
3. Local
4. National

In ____ period, supply fully meets the new demand conditions.

1. Short
2. Long
3. Very long
4. Very short

Monopoly power is achieved through patient right, copy right and trade marks by the producers is called ____ monopoly.

1. Technical
2. Natural
3. Satte
4. Legal

____ means government may take over monopolistic companies, which are exploiting the consumer.

1. Consumer’s association
2. Nationalisation
3. Taxation
4. Legislation

The firm and industry are one and the same under

1. Oligopoly
2. Monopoly
3. Duopoly
4. Perfect competition

Village level market is otherwise called ___ market.

1. Global
2. Local
3. National
4. Regional

Most important form of selling cost is

1. Homogenous product
2. Sales
3. Advertisement
4. None of these

Perfect competition is a market situation when we have

1. Large number of sellers
2. Few seller
3. A single seller
4. Two seller

Absence of government is one of the feature of

1. Imperfect competition
2. Oligopoly
3. Monopoly
4. Perfect competition

Which one of the following statements regarding Harappan Civilization is correct?

1. The inhabitants of Harappa grew and used cotton
2. The Harappan Civilization was rural- based
3. The inhabitants of Harappa had neither knowledge of copper nor bronze
4. The standard Harappan seals were made of clay

A firm under monopoly faces ___ demand curve.

1. Downward sloping
2. Upward sloping
3. Perfectly elastic
4. Perfectly inelastic

Under perfect competition, the demand curve is

1. Upward sloping
2. Horizontal
3. Vertical
4. Downward sloping

_____ method of controlling monopoly is best to check the concentration of economic power in few hands.

1. Controlling price and output
2. Nationalisation
3. Legislative
4. Taxation

_____ method of monopoly can be applied in case of natural monopolies.

1. Nationalisation
2. Consumer’s association
3. Taxation
4. Controlling price and output

The monopolist can control

1. Number of firms
2. Neither price nor output
3. Both price and output
4. Either price or supply

Government will have sole right of producing and selling some goods, they are called ___ monopoly.

1. Technical
2. Natural
3. Legal
4. State

In the Hunter Commission report, special emphasis was laid on the development of

1. Primary education
2. Technical education
3. Higher education
4. Girl’s education