CDSE 2014- II part iv
CDSE- Part- IV General Ability
61. Which of the following statements is / are true?
1. If increase in demand and supply are of equal magnitude, the price will remain unchanged, but the equilibrium quantity will increase.
2. If increase in demand is of greater magnitude thatn increase in supply, both equlilbrium price and equilirbium quantity will increase
3. If increase in supply is of greater magnitude than increase in demand, equlibrium price will fall but equlibrium quantity will increase.
Which of the statements given about is / are correct ?
a) 1 only
b) 2 only
c) 1 and 2
d) 1,2 and 3
62. A market in which there are large numbers of sellers of a particular product, but each seller sells somewhat differentiated but close products is termend as
a) Perfect competition
b) Monopoly
c) Monopolistic Competition
d) Oligopaly
63. The value of all final goods and services produced by the normal residents of a country and their property, whether operating with in the domestic territory of the country or outside in a year is termed as
a) Gross National Income
b) Net National Income
c) Gross Domestic Product
d) Netg Domestic Product
64. Which of the following statements are correct?
1.When marginal revenue is positive, total revenue increases with increase in output
2. When marginal revenue is Zero, total revenue is maximum
3. When marginal revenue becomes negative, totla revenue falls with increase in output
Which of the statements given about is / are correct ?
a) 1 and 2
b) 2 and 3
c) 1 and 3
d) 1, 2 and 3
65. National product at factor cost is equqla to
a) Domestic product + Net factor income from abroad
b) National product at market prices-- indirect taxes + Subsidies
c) Gross Domestic Product --- Depreciation
d) Nitional Product at Market prices + Indirect tazes + Subsidies.
66. Which of the following theories form the basis of international trade?
1. Absolute cost difference
2. Comparative Cost difference
3. Opportunity cost
Which of the statements given about is / are correct ?
a) only 1
b) Only 2
c) 1 and 2
d) 1, 2 and 3
67. Which one among the following is not a source of tax revune for the Central Government in India?
a) Income tax
b) Customs duties
c) Service Tax
d) Motor Vehicle Tax
68. Which of the following does not form part of current account of Balance of Payments?
a) Export and import of goods
b) Export and import of services
c) Income receipts and payments
d) Capital receipts and payments
69. Novak Djokovic, who won the Men's Wimbledon Tennis tournament in 2014 and 2015 is form
a) Serbia
b) Spain
c) Switzerland
d) England
70. The technique of inducing rain from cloud is called
a) Cloud computing
b) Cloud control
c) Cloud Engineering
d) Cloud Seeding
71. Which of the following statements about Marrakesh Treaty is / are correct?
1. The main goal of the treaty is to create a set of mandatory limitations and exceptions for the benefits of the blind and visually impaired
2. India has ratified the treaty.
3. The treaty has come into force from July 2014
Select the correct answer using the code given below:-
a) only 1
b) 1 and 2
c) Only 2
d) 1, 2 and 3
72. The upper and lower portions in common type of bi-focal lenses are respectively
a) concave and convex
b) convex and concave
c) both concave of different focal lengths
d) both convex of different focal lengths
73. Tungsten is used for the construction of filament in electric bulb because of its
a) Hight specific resistance
b) low specific resistance
c) high light emitting power
d) high melting point
74. Inactive nitrogen and argon gases are usually used in electric bulbs in order to
a) increase the intensity of light emitted
b) increase the life of the filament
c) make the emitted light coloured
d) make the production of bulb economical
75. In the phenomenon of dispersion of light, the light wave of shortest wavelength is
a) accelerated and refracted the most
b) slowed down and refracted the most
c) accelerated and refracted the least
d) slowed down and refracted the least
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