Explore topic-wise MCQs in Current Affairs.

This section includes 57 Mcqs, each offering curated multiple-choice questions to sharpen your Current Affairs knowledge and support exam preparation. Choose a topic below to get started.

51.

Which among the following is the correct definition of Real Burden of Tax

A. The reduction in the disposable income to the tax payers
B. Amount of tax being paid by the taxpayers to the authorities
C. Additional expenses incurred by the taxpayers, in addition to the amount paid to the authorities
D. The Loss of the welfare to the taxpayers and the community as a whole
Answer» E.
Discussion
52.

Over how many years periodic review of the “Miniratna” & “Navratna” status of public enterprises on the basis of their performance?

A. every year
B. 2 years
C. 3 years
D. 5 years
Answer» D. 5 years
Discussion
53.

Which of the following is not an example of complementary goods?

A. Printers and Ink Cartridges
B. Tea and Sugar
C. #N/A
D. Tea and Coffee
Answer» E.
Discussion
54.

The Mahatma Gandhi National Rural Employment Guarantee Act mandates at least what fraction of the beneficiaries to be women?

A. 0.25
B. 0.3
C. 0.4
D. 0.5
Answer» C. 0.4
Discussion
55.

In which year Government of India started Navratna category?

A. 1992
B. 1993
C. 1995
D. 1997
Answer» E.
Discussion
56.

In a condition of monopoly, the monopolist has a control over the price he charges for his product. In which of the following conditions he will be able to maximize his profits?

A. Lowering the prices if the demand curve is elastic
B. Lowering the price, if the demand curve is inelastic
C. Raising the price, if the demand curve is elastic
D. In all of above situations
Answer» B. Lowering the price, if the demand curve is inelastic
Discussion
57.

The Agrarian Reforms Committee under the chairmanship of Shri J C Kumarappa in 1949 was related to which of the following?

A. Cooperative Farming
B. Land Reforms
C. Irrigation and watershed Development
D. High Yielding Seeds
Answer» B. Land Reforms
Discussion