Exercise on General Knowledge – 18
Daily ten questions will be given. The answer key will be published after three days. For three days answer keys as one post will be made. Please do exercise and discuss in the groups.
171. Which bird is known to migrate the longest distance annually?
a) Bar-tailed Godwit b) Arctic Tern c) Albatross d) Peregrine Falcon
172. Who is considered the founder of the modern Quantity Theory of Money?
a) John Maynard Keynes b) Adam Smith c) Milton Friedman d) David Ricardo
173. What is the term for the reduction or elimination of inflation?
a) Deflation b) Stagflation c) Hyperinflation d) Disinflation
174. In accounting, what is meant by the 'Goodwill' of a firm?
a) Current Liabilities b) Fixed Assets c) Intangible Assets d) Shareholder's Equity
175. Crossing a cheque with "Not Negotiable" affords security against what?
a) Fraudulent alteration b) Theft of Cheques c) Non-payment by the bank d) Forged signatures
176. Which type of cost increases continuously with the increase in production volume?
a) Fixed Cost b) Sunk Cost c) Opportunity Cost d) Variable Cost
177. According to some historical contexts, which country was a leading producer of silver in the world?
a) Mexico b) China c) USA d) Peru
178. In which year was the Essential Commodities Act enacted in India?
a) 1947 b) 1950 c) 1955 d) 1965
179. In which Indian state was Panchayat Raj first introduced?
a) Uttar Pradesh b) Andhra Pradesh c) Rajasthan d) Gujarat
180. In which year was the Companies Act enacted in India?
a) 1948 b) 1956 c) 1961 d) 1972
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