Social Science MCQ – 35
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Q.1: The principles of taxation were proposed by ?
- Hicks
- Adam Smith
- Marshall
- None of the above
Q.2: The process of determination of wages, rent, interest and profit is called ?
- Distribution
- Production
- Consumption
- None of the above
Q.3: The process of dividing the society into smaller social groups is termed as?
- Social Change
- Social Institution
- Social Stratification
- None of the above
Q.4: The process of transforming of certain resources into outputs is termed as?
- Product
- Production
- Production function
- Consumption
Q.5: The purchase/sale of a commodity at the present price with a view to sale/purchase at some future date at favourable price is termed as ?
- Market intelligence
- Speculation
- Hedging
- None of the above
Q.6: The recommendation of decentralisation system was made by?
- Balwant Rai Mehta
- C. Rajagopalachari
- Ashok Mehta
- J.B. Kripalani
Q.7: The relationship that level of output of a particular commodity relies on the quantities of inputs used for its production, is known as?
- Production process
- Product mix
- Production function
- Cost function
Q.8: The resources, if their services are not used, these cannot be stocked are known as ?
- Stock resources
- Flow resources
- Fixed resources
- All of the above
Q.9: The second highest denomination of currency notes in circulation as legal tender in India is at present ?
- ` 200
- ` 1000
- ` 500
- ` 2000
Q.10: The sequence of earnestness and intensity in the execution of a work is termed as?
- Zeal
- Need for achievement
- Social intent
- Drive
Social Science MCQ – 35
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