Explore topic-wise InterviewSolutions in Current Affairs.

This section includes 7 InterviewSolutions, each offering curated multiple-choice questions to sharpen your Current Affairs knowledge and support exam preparation. Choose a topic below to get started.

1.

Define a scalar matrix.

Answer»

A diagonal matrix in which all the Principle diagonal Elements are equal is called scalar matrix.

2.

Solve the following linear programming problems graphically. Maximize Z = 4x + y Subject to x + y ≤ 50, 3x + y ≤ 90, x ≥ 0, y ≥ 0

Answer»

The correct answer is (30,0) and Z = 120.

3.

In linear programming problems, define linear objectives function.

Answer»

The linear function z = ax + by where a, b are constants which has to be maximised or minimized is called linear objective function.

4.

Evaluate : [(cosα  cosβ , cosα  sinβ , -sinα ),(-sin β , cosβ , 0),(sinα  cosβ , sinα  sinβ , cosα )]

Answer»

Expanding along the first row, we get

Δ = cosα cosβ(cosβ cosα – 0) – cosα sinβ(–sinβ cosα) – sinα(–sinα sin2β – sinα cos2β)

= cos2α cos2β + cos2α sin2β + sin2α sin2β+ sin2α cos2β

= cos2α(cos2β + sin2β) + sin2α(sin2β + cos2β)

= cos2α· 1 + sin2α· 1 = 1

5.

What is chronological classification? Give one example. 

Answer»

Chronological classification is the orderly arrangement of statistical data according to time. 

eg: Classification of population of India from 1971 to 2011

Year19711981199120012011
Population in millions54868384610021210

6.

What are captions and stubs of a Table.

Answer»

Column headings are called captions. 

Row headings are called stubs.

7.

What are stubs and captions of a table?

Answer»

Row headings are called stubs and column headings are called captions of a table.

8.

What is a two-dimensional diagram?

Answer»

In two dimensional diagram, both height and width (X and Y – axes) are considered. 

9.

Name the graph used to find the median.

Answer»

Ogives/cumulative frequency curves. 

10.

What is extrapolation?

Answer»

Extrapolation is a procedure of estimating the unknown value of a dependent variable for a given value of an independent variable which is outside the limits or the range of the independent variable.

11.

Give one example for negative correlation. 

Answer»

Price and demand. 

12.

Find the mode for the following data. 4, 1, 0, 2, 3, 2, 0, 2, 1, 2, 5, 0, 1, 2.

Answer»

Mode (z) = 2 (which is repeated more times).

13.

Write the relation between the coefficient of correlation and the standard deviations in regression coefficient of x on y.

Answer»

The regression coefficient of x on y = bxy = γ δx/δy.

14.

What do you mean by inclusive class interval? Give an example.

Answer»

In a class if lower limit as well as upper limits are included in the same class, such a class is called inclusive class interval.

Ex.C.I. = (0 – 9), (10 – 19)…. (40 – 49).

15.

What is the false base line used in the graph?

Answer»

In order to use the space on the graph effectively a line, shown by vertical wavy line between zero and the first scale or the axes can be broken by kinked line.

16.

Give an example for a negative correlation.

Answer»

Rise in prices of vegetables and sales.

17.

Write down a formula to find Bowley’s coefficient of skewness.

Answer»

B.C.S.K = (Q3 + Q1- 2Q2/Q3- Q1).

18.

If \( \int_{1}^{2} e^{x^{2}} d x=a \) then \( \int_{e}^{e^{4}} \sqrt{\log x} d x \) is equal.

Answer»

\(\int\limits_e^{e^4} \sqrt{log\, x}\,dx\)

Let \(log \,x = t^2 \) ⇒ \(x = e^{t^2}\)

\(\frac 1x dx = 2t\,dt\)

\(dx = 2t.e^{t^2}dt\)

Then \(\int\limits_e^{e^4} \sqrt{log\, x}\,dx = \int\limits_1^2 t.(2te^{t^2})dt\)

\(=2\left[\int\limits_1^2 t^2.e^{t^2}dt\right]\)

\(= 2\left[[t^2]^2_1 \int\limits_1^2 e^{t^2} dt -\int\limits_1^2 (2t\int e^{t^2} dt)\right]\)

\(=2\left[(4-1).a - [2t]_1^2 \int\limits_1^2 a\,dt + \int\limits_1^22.a\right]\)      \(\left(\because \int\limits_1^2 et^2dt = a\right)\)

\(= 2\left[3a - (4 -1)a (2 -1) + 2a(2 -1)\right]\)

\(= 2(3a - 3a + 2a)\)

\(= 4a\)

19.

\( \int_{0}^{1} \frac{1}{\left\lfloor 1-\log _{2}(1-x)\right\rfloor} d x \)

Answer»

\(\int\limits_0^1\frac1{[1-log_2(1-x)]}dx\)

 = \(\int\limits_0^1\cfrac1{[log_2\frac2{(1-x)}]}dx\) (\(\because log_22=1 \& log\,A- log\,B = log\frac{A}{B}\))

\(\therefore\) 0 < x < 1

⇒ 0 < 1 - x < 1

⇒ 2/(1-x) > 2

Now,

\(\int\limits_0^1\cfrac1{[log_2\frac2{1-x}]}dx\) = ....+ \(\int\limits_{15/16}^{7/8}\cfrac1{[log_2\frac2{1-x}]}dx\) + \(\int\limits_{7/8}^{3/4}\cfrac1{[log_2\frac2{1-x}]}dx\) + \(\int\limits_{3/4}^{1/2}\cfrac1{[log_2\frac2{1-x}]}dx\) + \(\int\limits_{1/2}^{1}\cfrac1{[log_2\frac2{1-x}]}dx\) 

 = .... + \(\int\limits_{15/16}^{7/8}\frac1{4}dx\) + \(\int\limits_{7/8}^{3/4}\frac1{3}dx\) + \(\int\limits_{3/4}^{1/2}\cfrac1{2}dx\) 

 = ....+ \(\frac14(\frac{14}{16}-\frac{15}{16})+\frac13(\frac68-\frac78)\) + \(\frac12(\frac24-\frac34)+\frac12(1-\frac12)\)

 = \(\frac14-\frac18-\frac1{24}-\frac1{64}-..... <4\) 

Hence, \(\int\limits_0^1\frac1{1-log_2(1-x)}dx<1/4\)

20.

The altermative name of opportunity cost is ?(A) Economic cost (B) Equilibrium price (C) Marginal cost (D) Average Cost

Answer»

(A) Economic cost 

21.

Which of the following is included in money cost ?(A) Normal profit (B) Explicit cost (C) Implicit cost (D) All the above

Answer»

(D) All the above

22.

The alternative name of opportunity cost is: (a) Economic cost (b) Equilibrium price (c) Marginal cost (d) Average cost  

Answer»

The alternative name of opportunity cost is Economic cost.

23.

Nobody expected them to part so suddenly. They loved each other and they were to get married. One day he told her he was going to Italy on business. He stayed 2 years there. Meanwhile she completely forgot him and married Mr. Black, a rich man. A) A bad wound is cured, not a bad name. B) No news good news. C) As is the workman so is the work. D) Out of sight - out of mind. E) False friend are worse than open enemies.

Answer»

Correct option is D) Out of sight - out of mind.

24.

Which elements is essential for demand ? (a) Describe for a good (b) Given price (c) Wellingness to spend (d) All the above

Answer»

(d) All the above

25.

Which factor determines equilibrium price? (a) Demand for commodity (b) Supply of commodity (c) Both (a) and (b) (d) None of the above 

Answer»

(c) Both (a) and (b) 

26.

What is an opportunity cost ?(A) The alternative foregon (B) The opportunity lost (C) Transfer earnings (D) All of these

Answer»

(D) All of these

27.

Since 1945 the rivalry in military strength between the world’s great powers has produced a ________ balanced peace. A) presently B) precociously C) previously D) deviously E) precariously

Answer»

Correct option is E) precariously

28.

Mother gave Ann some money. The girl wanted to go to the cinema very much; at the same time she wanted to buy a book, but there was not enough money for both, "I'll buy the book and go to the cinema next time when I have money" she said. A) A man can die but once. B) A cat in gloves catches no mice. C) You cannot eat your cake and have it. D) He laughs best who laughs last. E) So many men, so many minds.

Answer»

Correct option is C) You cannot eat your cake and have it.

29.

Why did some young people visit her?

Answer»

Some young people visited her to test her intelligence. They believed her to be a fraud and wanted to prove it.

30.

Utility can be measured by: (a) Money (b) Exchange of goods (c) Weight of the goods (d) None of these 

Answer»

Utility can be measured by money.

31.

A R is shown as :(A) TR/Q (B) ΔQ/P (C) ΔTR/ΔQ  (D) None of these

Answer»

A R is shown as TR/Q 

32.

Which is a basis for the classification of the market ? (a) Perfect competition (b) Zero competition (c) Imperfect competition (d) All of the above. 

Answer»

(d) All of the above. 

33.

What does the cinema combine? 

Answer»

Cinema combines various functions of poetry, music, painting, drama, architecture. It also combines the logic of science. 

34.

What are the assumptions of the law of demand?

Answer»

Law of demand is based on following assumption:- 

1. Consumer’s income should remain constant. 

2. Consumer’s taste, nature etc. should remain constant. 

3. Price of related goods should remain constant. 

4. Consumer remains unknown with new substitutes. 

5. There is no possibility of price change in future.

35.

Who among the following has suggested tax on expenditure?(a) Dalton (b) Kaldor (c) Musgrave (d) Gautam Mathur

Answer»

Kaldor has suggested tax on expenditure.

36.

When total utility becomes maximum, marginal utility is:(a) Positive (b) Negative (c) Zero (d) None of these 

Answer»

When total utility becomes maximum, marginal utility is Zero.

37.

In final equilibrium of firm : (a) MC cuts MR from above (b) MC cuts MR from below (c) Both (a) and (b) are true (d) None of the above is true

Answer»

In final equilibrium of firm MC cuts MR from below.

38.

M R is shown as: (a) ΔTR/ΔQ(b) TR/Q(c) ΔAR/Q(d) None of the above

Answer»

M R is shown as ΔTR/ΔQ.

39.

Peace, freedom and democracy are essential for human being. Do you agree? 

Answer»

Peace, freedom and democracy are the most important factors of welfare state. There must be a democratic government running by the people's representatives. For the development of humanity and mankind peace or freedom is essential and this can only be achieved through democracy. 

40.

Which one is assumption of opportunity cost ? (a) Perfect competition (b) Factors of production have got employment (c) Both (a) and (b) (d) None of these 

Answer»

(c) Both (a) and (b) 

41.

In monopoly and monopolistic competition: (a) AR = MR (b) AR &gt; MR (c) AR &lt; MR (d) None of these

Answer»

In monopoly and monopolistic competition AR > MR.

42.

Identify the correct formula to calculate Fiscal Deficit (a) Total expenditure - Total Receipt ( other than borrowings) (b) Revenue Expenditure- Revenue Receipt (c) Capital Expenditure- Capital Receipt (d) Revenue Expenditure + Capital expenditure - Revenue Receipt

Answer»

(a) Total expenditure - Total Receipt ( other than borrowings)

43.

Which statement of the following is true? (a) AC =TFC - TVC (b) AC=AFC +TVC (c) AC= TFC + AVC (d) AC = AFC + AVC

Answer»

(d) AC = AFC + AVC

44.

Give a short account of the educative value of the cinema.

Answer»

Now-a-days cinema is the most popular form of recreation and value, cinema has also a great educative value. It gives the masses of knowledge of many current events as well as historical and geographical pictures, forest thrills. These historical and geographical sites increase knowledge among children. 

45.

Identify which of the following is not an example of tax revenue for the government:a) Wealth Tax b) Special Assessments c) Income Tax d) Corporate Tax

Answer»

b) Special Assessments

46.

Which factors are used in short-run production process? (a) Fixed factors (b) Variable factors (c) Both (a) and (b) (d) None of the above

Answer»

(c) Both (a) and (b) 

47.

Life has become too fast today, how? 

Answer»

These days life has become so fast that people have least to enjoy the company of others. The pace has become so fast that it has given rise to competition in all walks of life. The world moves on tips of fingers and the world is connected. One can gather the information from any corner of the world. There is competition in the world to become super power which is giving rise to war threats. 

48.

The percentage change in the Non-Tax Revenue, between 2019-20 (Actual) and 2020- 21(Budgeted Estimate), taking the 2019-20 as base, would be ......a) 15.02% b) 16.20% c) 17.68% d) 20.01%

Answer»

Answer is (c) 17.68%

49.

Which factors among following we find in short – run production process? (a) Fixed factors (b) Variable factors (c) Both (a) and (b) (d) None of these

Answer»

(c) Both (a) and (b) 

50.

The value of recovery of loans has ...... crores between 2019-20 (Actual) and 2020-21 (Budgeted Estimate). a) fallen by Rs. 3349 (b) risen by Rs 3349 (c) fallen by Rs. 3439 (d) risen by Rs. 3439

Answer»

(a) fallen by Rs. 3349