Q. 136. Which of the following is related to Microeconomics?
(A) Size of National Economy
(B) Inflation
(C) Unemployment
(D) Behaviour of Individual Economic Units
Answer:
(D) Behaviour of Individual Economic Units
Explanation:
Microeconomics is the study of individuals, households, and firms’ behavior in decision making and allocation of resources, as opposed to macroeconomics which looks at national economies (inflation, unemployment).
Q. 137. Which of the following ministries is responsible for calculating GDP in India?
(A) Ministry of Finance
(B) Ministry of Commerce and Industry
(C) Ministry of Central Statistical and Program Implementation
(D) Ministry of Consumer Affairs
Answer:
(C) Ministry of Central Statistical and Program Implementation
Explanation:
The National Statistical Office (NSO), which comes under the Ministry of Statistics and Programme Implementation (MoSPI – represented here as option C), is responsible for calculating GDP in India.
Q. 138. Which institution annually presents the National ICT Awards for School Teachers?
(A) Central Institute of Educational Technology
(B) Delhi Public School Society
(C) Navodaya Vidyalaya Samiti
(D) National Institute of Open Schooling
Answer:
(A) Central Institute of Educational Technology
Explanation:
The Central Institute of Educational Technology (CIET), a constituent unit of NCERT under the Ministry of Education, presents the National ICT Awards for School Teachers.
Q. 139. When was the GST system of taxation implemented in India?
(A) June 1 2019
(B) July 1 2018
(C) July 1 2017
(D) August 15 2018
Answer:
(C) July 1 2017
Explanation:
The Goods and Services Tax (GST) was launched across India at midnight on July 1, 2017.
Q. 140. When is the National Doctor’s Day observed every year in India?
(A) July 1
(B) July 5
(C) July 10
(D) July 15
Answer:
(A) July 1
Explanation:
In India, National Doctor’s Day is observed on July 1st every year to honor the legendary physician and the second Chief Minister of West Bengal, Dr. Bidhan Chandra Roy.
