Social Science MCQ – 38

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Social Science MCQ – 38

Social Science

MCQ on Agriexam.com

Social Science MCQ Study

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Agriexam Daily Quiz

 

Q.1: The term ‘Growth rate of population’ is defined as?

  1. The number of births per thousand people
  2. The difference between birth and death rates
  3. The difference in population between urban and rural area
  4. The difference of growth between male and female

Answer: 1

Q.2: The term ‘Knowledge Worker’ was popularized by?

  1. Peter Drucker
  2. Max Weber
  3. H. Fayol
  4. Elton Mayo

Answer: 1

Q.3: The term ‘Letter of Credit’ as used frequently in bank transactions is best defined as?

  1. An unconditional undertaking given by a bank ensuring the payment of a particular amount to the drawee at a given date
  2. An order from a bank to another bank abroad authorising the payment of a particular amount to a person named in the letter
  3. Statement showing outstanding deposits and credits of a bank for a particular period
  4. Letter by a bank to a person stating the terms and conditions of the loan sanctioned to him by the bank

Answer: 4

Q.4: The term ‘Market Price’ indicates?

  1. Total goods and services available
  2. Total spending on home and foreign goods
  3. Cost in terms of payments to factor of production
  4. Actual expenditure in terms of price paid for goods and services

Answer: 4

Q.5: The term ‘Personal disposable income’ is meant to indicate ?

  1. Personal income-indirect tax
  2. Personal income-direct tax + fines + fees + social security contribution by employers
  3. Personal income – direct tax + fines + fees
  4. None of the above

Answer: 2

Q.6: The term ‘Poverty Gap’ is meant to indicate ?

  1. Gap between developed nations and developing nations
  2. Gap between the rich and the poor
  3. The difference between poverty line and actual income levels of all those living below that line
  4. Gap in infrastructural facilities between developed and developing nations

Answer: 3

Q.7: The term ‘Repo rate’ is meant to indicate ?

  1. The Reserve Bank of India lends to banks
  2. The international aid agencies lend to Reserve Bank of India
  3. The Reserve Bank of India lends to State Government
  4. The banks lend to Reserve Bank of India

Answer: 4

Q.8: The term ‘Satisficing’ was coined by?

  1. Boston consulting group
  2. Spencer
  3. Simon
  4. Helmer

Answer: 3

Q.9: The term ‘Total Domestic Expenditure indicates?

  1. Total goods and services available
  2. Total spending on home and foreign goods
  3. Cost in terms of payments to factor of production
  4. Actual expenditure in terms of price paid for goods and services

Answer: 2

Q.10: The term “Market Lifeblood” will imply?

  1. Market information
  2. Market intelligence
  3. Market conglomeration
  4. Market structure

Answer: 1

Social Science MCQ – 38

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