General Knowledge

ISBT General Knowledge for all banking PO,Clerk,IBPS PO,Railway,SSC,IAS,OAS Exams

Q21.	Investment and savings are kept equal through a change in the level of -

1)	Consumption	2)	Investment
3)	Government expenditure	4)	Income

Q22.	Which of the following is no. required while computing Gross National Product (GNP)?

1)	Net foreign investment	2)	Private investment
3)	Per capita income of citizens	4)	Purchase of goods by government

Q23.	Which of the following is correct meaning is consumer's sovereignty ?

1)	Consumers are free to spend their income as they like	2)	Consumers have the power to manage the economy
3)	Consumer's expenditures influence the allocation of-resources	4)	Consumer goods are free from government control

Q24.	Which one of the statements below explains the external economies of scale ?

1)	Starting a computer firm in a Techno Park to avail the expertise	2)	Expanding firms employing specialist accountants, lawyers and managers
3)	A manufacturer spreading the research and development cost over the output	4)	A major supermarket gaining bulk discounts on direct purchase

Q25.	Which one of the following is the main factors that led to rapid expansion of Indian exports ?

1)	imposition of import duties	2)	liberalization of the economy
3)	recession in other countries	4)	diversification of export

Q26.	Which of the one of  following is the disadvantages of the Wholesale Price Index in India ?

1)	It does not cover the services sector	2)	It is not available for individual commodities
3)	It is available only on monthly basis	4)	It is available only at constant prices

Q27.	While estimating the national income, which of the following is not taken into account ?

1)	Services of a teacher	2)	Services of a doctor
3)	Services of a housewife	4)	Services of a maidservant

Q28.	While estimating the national income, which of the following is not taken into account ?

1)	Services of a teacher	2)	Services of a doctor
3)	Services of a housewife	4)	Services of a maidservant

Q29.	Which tax is not levied by the Central Government ?

1)	Wealth Tax	2)	Professional Tax
3)	Income Tax	4)	Excise Tax

Q30.	While estimating the national income, which of the following is not taken into account ?

1)	Services of a teacher	2)	Services of a doctor
3)	Services of a housewife	4)	Services of a maidservant