91. What was ‘Zollverein’?
a) Political union
b) Military alliance
c) Customs union of German states
d) Religious organisation
Answer:
Explanation:
92. In an exchange system, a farmer wants to exchange wheat for cloth, but the weaver is willing to give cloth only if he gets wheat. What is this situation called?
A. Double coincidence of wants
B. Medium of exchange
C. Credit system
D. Trade surplus
Answer:
Explanation:
93. Which one of the following is a major benefit to an MNC when it enters into joint production with a local company?
A. The MNC shares its latest technology with the local company.
B. The MNC decides all parameters and prices of the product.
C. The MNC shares its institutional policy with the local company.
D. The MNC builds good and familial relations with the local company.
Answer:
Explanation:
94. Read the following statements and choose the correct option.
Assertion (A): Belgium amended its Constitution four times between 1970 and 1993.
Reason (R): These amendments were made to enable people of different linguistic communities to live together peacefully in the same country.
Options:
A. Both Assertion (A) and Reason (R) are true, and Reason (R) is the correct explanation of Assertion (A).
B. Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of Assertion (A).
C. Assertion (A) is true, but Reason (R) is false.
D. Assertion (A) is false, but Reason (R) is true.
Answer:
Explanation:
95. Who painted the famous picture “Germania”?
a) Philipp Veit
b) Leonardo da Vinci
c) Picasso
d) Michelangelo
Answer:
Explanation: