MCQ Quizzes of the Day - 2024-03-03 | SPPMMC

MCQ Quizzes of the Day - 2024-03-03

@2024-03-03

7 quizzes

Q1. Seasonal Unemployment is generally seen in which section of Economy?
Q1. Seasonal Unemployment is generally seen in which section of Economy?

(A) Industrial Sector
(A) Industrial Sector
(B) Service Sector
(B) Service Sector
(C) Agriculture Sector
(C) Agriculture Sector
(D) Business Sector
(D) Business Sector
Answer: (C) Agriculture Sector
Answer: (C) Agriculture Sector
Seasonal unemployment is a common occurrence in the agricultural sector. This is because agricultural activities are season-specific, with more work available in some months than others. Seasonal unemployment can also occur in other sectors, such as ice-cream factories and woollen factories. It can also affect people working in jobs that support outdoor activities during mild weather, but disappear during colder, stormy seasons.
Seasonal unemployment is a common occurrence in the agricultural sector. This is because agricultural activities are season-specific, with more work available in some months than others. Seasonal unemployment can also occur in other sectors, such as ice-cream factories and woollen factories. It can also affect people working in jobs that support outdoor activities during mild weather, but disappear during colder, stormy seasons.

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@925

2024-03-03

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Q2. Who is the author of the book "An Essay on the nature and Significance of Economic Science"?
Q2. Who is the author of the book "An Essay on the nature and Significance of Economic Science"?

(A) Adam Smith
(A) Adam Smith
(B) David Ricardo
(B) David Ricardo
(C) Alfred Marshall
(C) Alfred Marshall
(D) Lionell Robbins
(D) Lionell Robbins
Answer: (D) Lionell Robbins
Answer: (D) Lionell Robbins
Lionel Robbins is the author of An Essay on the Nature and Significance of Economic Science. The book was first published in 1932.
Lionel Robbins is the author of An Essay on the Nature and Significance of Economic Science. The book was first published in 1932.

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@921

2024-03-03

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Q3. Which of the following Indian Economist won Nobel Prize in Economic Science?
Q3. Which of the following Indian Economist won Nobel Prize in Economic Science?

(A) Rabindranath Tagore
(A) Rabindranath Tagore
(B) C. V. Raman
(B) C. V. Raman
(C) Arundhti Roy
(C) Arundhti Roy
(D) Amartya Sen
(D) Amartya Sen
Answer: (D) Amartya Sen
Answer: (D) Amartya Sen
Amartya Sen is the only Indian economist to win the Nobel Memorial Prize in Economic Sciences, which he received in 1998. Sen is known for his work on welfare economics, social choice theory, and development economics. He is also known for his interest in the problems of society's poorest members and his work on the causes of famine.
Amartya Sen is the only Indian economist to win the Nobel Memorial Prize in Economic Sciences, which he received in 1998. Sen is known for his work on welfare economics, social choice theory, and development economics. He is also known for his interest in the problems of society's poorest members and his work on the causes of famine.

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@924

2024-03-03

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Q4. Who is known as the father of Economics?
Q4. Who is known as the father of Economics?

(A) David Richardo
(A) David Richardo
(B) Alfred Marshall
(B) Alfred Marshall
(C) Adam Smith
(C) Adam Smith
(D) Lionnel Robbins
(D) Lionnel Robbins
Answer: (C) Adam Smith
Answer: (C) Adam Smith
Adam Smith is considered the father of modern economics. The 18th-century Scottish economist, philosopher, and author is credited with giving economics a well-defined shape as a new discipline. Smith is known for arguing against mercantilism and being a major proponent of laissez-faire economic policies. He believed that the government should not interfere with the economy, and that free-market issues would fix themselves. Smith also believed that individual decisions, driven by self-interest, collectively guide the market to optimal equilibrium.
Adam Smith is considered the father of modern economics. The 18th-century Scottish economist, philosopher, and author is credited with giving economics a well-defined shape as a new discipline. Smith is known for arguing against mercantilism and being a major proponent of laissez-faire economic policies. He believed that the government should not interfere with the economy, and that free-market issues would fix themselves. Smith also believed that individual decisions, driven by self-interest, collectively guide the market to optimal equilibrium.

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@919

2024-03-03

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Q5. Jonbeel Mela is held in which district of Assam?
Q5. Jonbeel Mela is held in which district of Assam?

(A) Nagaon
(A) Nagaon
(B) Jorhat
(B) Jorhat
(C) Golaghat
(C) Golaghat
(D) Morigaon
(D) Morigaon
Answer: (D) Morigaon
Answer: (D) Morigaon
The Jonbeel Mela is held in Dayang Belguri, Morigaon district, Assam. It's a three-day annual fair held on the weekend of Magh Bihu, the harvest festival, which usually takes place in January or February.
The Jonbeel Mela is held in Dayang Belguri, Morigaon district, Assam. It's a three-day annual fair held on the weekend of Magh Bihu, the harvest festival, which usually takes place in January or February.

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@922

2024-03-03

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Q6. Who is the author of the book "Principles of Economics"?
Q6. Who is the author of the book "Principles of Economics"?

(A) Adam Smith
(A) Adam Smith
(B) Alfred Marshall
(B) Alfred Marshall
(C) Lionell Robbins
(C) Lionell Robbins
(D) David Ricardo
(D) David Ricardo
Answer: (B) Alfred Marshall
Answer: (B) Alfred Marshall
Alfred Marshall (1842-1924) is the author of Principles of Economics, which was first published in 1890. Marshall was a British economist and a founder of the "neoclassical" school of economics. The book is considered to be Marshall's most influential work.
Alfred Marshall (1842-1924) is the author of Principles of Economics, which was first published in 1890. Marshall was a British economist and a founder of the "neoclassical" school of economics. The book is considered to be Marshall's most influential work.

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@920

2024-03-03

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Q7. Currency of China is known as?
Q7. Currency of China is known as?

(A) Dollar
(A) Dollar
(B) Yen
(B) Yen
(C) Rouble
(C) Rouble
(D) Yuan
(D) Yuan
Answer: (D) Yuan
Answer: (D) Yuan
The official name of China's currency is the Renminbi (RMB), which translates to "people's money" in Chinese. The currency unit is the Yuan. The terms "Chinese Yuan (CNY)" and "renminbi (RMB)" are interchangeable. The symbol for the renminbi is ¥.
The official name of China's currency is the Renminbi (RMB), which translates to "people's money" in Chinese. The currency unit is the Yuan. The terms "Chinese Yuan (CNY)" and "renminbi (RMB)" are interchangeable. The symbol for the renminbi is ¥.

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@923

2024-03-03

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