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NVS 2019 : Practice General Awareness Questions Now | 30th August 2019

NVS 2019 : Practice General Awareness Questions Now | 30th August 2019_30.1
As NVS Notification has been released on its official website thus acing the competition to the gunwales, aspirants are in dire need to prepare for the exam right away from this moment if not earlier. With having almost a few months left to prepare and revise for the exam, Teachersadda is all set to utilize this platform to ease the competition for you by providing TET/NVS Exam Study Material. NVS exam will be scheduled on 5th & 6th September 2019, so visit Teachersadda Daily to attain the quizzes based on Exam Subjects.
To make you aware of the state’s biography that sums up its history, geography, cultural activity and lots more as GK is a quintessential section which will be asked in the exam conducted by NVS.

Q1. The Secretariat of SAARC is set up at ____________.
SAARC का सचिवालय ____________ में स्थापित किया गया है।
(a) Washington / वाशिंगटन
(b) Kathmandu / काठमांडू
(c) Hague / हेग
(d) New Delhi / नई दिल्ली
Q2. Which curve shows the inverse relationship between unemployment and inflation rates –
कौन सा वक्र बेरोजगारी और मुद्रास्फीति दर के बीच व्युक्त संबंध दिखाता है-
(a) Supply curve/ आपूर्ति वक्र
(b) Indifference curve/उदासीन वक्र
(c) IS curve/IS वक्र
(d) Phillips curve/ फिलिप्स वक्र
Q3. When the demand for a good increase with an increase in income, such a good is called___________
जब आय की वृद्धि के साथ उत्पाद की मांग में वृद्धि होती है, ऐसे उत्पाद को _______ कहा जाता है.
(a) Superior good/ सुपीरियर वस्तुएँ
(b) Giffin good/ गिफ़न वस्तुएँ
(c) Inferior good/ इन्फीरियर वस्तुएँ
(d) Normal good/ सामान्य वस्तुएँ
Q4. Which of the following is not a method of estimating national income?
निम्नलिखित में से कौन सा राष्ट्रीय आय आंकने का तरीका नहीं है?
(a) Expenditure method/ व्यय विधि
(b) Output method/ आउटपुट विधि
(c) Matrix method/ मैट्रिक्स विधि
(d) Income method/ आय विधि
Q5. What is an octroi?
ओक्ट्रोई क्या है?
(a) Tax/ कर
(b) Tax collection centre/ कर संग्रह केंद्र
(c) Tax processing centre/ कर प्रसंस्करण केंद्र
(d) Tax information centre/ कर सूचना केंद्र
Q6. What is a bank rate?
बैंक दर क्या है?
(a) Rate at which Central bank of a country advances loans to other banks in the country/ जिस दर पर देश के केंद्रीय बैंक देश के अन्य बैंकों को ऋण अग्रिम करते हैं
(b) Rate at which banks advance loans to the customers/ जिस दर पर बैंक ग्राहकों को ऋण अग्रिम करते हैं
(c) Rate at which banks lend among themselves/ जिस दर पर बैंक खुद के बीच उधार देते हैं
(d) Rate at which banks lend to money lenders/ जिस दर पर बैंक उधारदाताओं को उधार देते हैं
Q7. If price of an article decreases from P1 to Rs 25, quantity demanded increases from 900 units to 1200 units. If point elasticity of demand is 2 find P1?
यदि किसी वस्तु की कीमत P1 से 25 रुपये तक कम हो जाती है, मांग 900 इकाइयों से बढ़कर 1200 इकाई हो गई. यदि मांग का लचीलापन 2 है P1 ज्ञात करें.
(a) Rs. 20
(b) Rs. 30
(c) Rs. 35
(d) Rs. 15
Q8. A company faces a -2.5 price elasticity of demand for its product. It is presently selling 10,000 units/month. If it wants to increase quantity sold by 6%, it must lower its price by –
 कंपनी को अपने उत्पाद के लिए -2.5 मूल्य की मांग की लचीलापन का सामना करना पड़ता है. यह वर्तमान में 10,000 यूनिट/ महीने की बिक्री कर रहा है. यदि वह बिक्री में 6% वृद्धि करना चाहता है, तो इसको कीमत कितनी कम करनी चाहिए?
(a) 3.50%
(b) 15%
(c) 2.50%
(d) 2.4%
Q9. In 2015 the nominal rate of interest in country was 6%, and the inflation rate then was 1.5%. So real rate of interest in 2015 was
2015 में देश में ब्याज की मामूली दर 6% थी, और मुद्रास्फीति दर 1.5% थी. तो 2015 में ब्याज की वास्तविक दर क्या थी?
(a) 7.5%
(b) 4.5%
(c) 4%
(d) 0.25%
Q10. At which rate, Reserve Bank of India borrows money from commercial banks?
किस दर पर, भारतीय रिज़र्व बैंक वाणिज्यिक बैंकों से धन उधार लेता है?
(a) Bank Rate / बैंक दर
(b) Repo Rate/ रेपो दर
(c) Reverse Repo Rate / रिवर्स रेपो दर
(d) Statutory Liquidity Rate/ वैधानिक तरलता दर
S1. Ans.(b)
Sol. The SAARC Secretariat is based in Kathmandu, Nepal. It coordinates and monitors implementation of activities, prepares for and services meetings, and serves as a channel of communication between the Association and its Member States as well as other regional organisations. SAARC was founded in Dhaka on 8 December 1985.
S2. Ans.(d)
Sol. Phillips curve shows the inverse relationship between unemployment and inflation rate.
S3. Ans.(a)
Sol. When the demand for a good increases with an increase in income, such a good is called Superior good. A Superior good also may be a luxury good.
S4. Ans.(c)
Sol. Three strategies have been used to obtain the market values of all the goods and services produced and calculating national income: the product (or output) method, the expenditure method, and the income method. Matrix method is not method used for calculating National Income.
S5. Ans.(a)
Sol. Octroi is a tax levied on various goods entering a town or city.
S6. Ans.(a)
Sol. Bank rate is the rate charged by the central bank for lending funds to commercial banks. 
S7. Ans.(b)
Sol. Elasticity= (ΔQ/ΔP) × (P/Q) where ΔQ is change in Quantity and ΔP is change in Price.
S8. Ans.(d)
Sol. ELASTICITY= (%change in the quantity) / (%change in the price)
S9. Ans.(b)
Sol. Real interest rate is approximately the nominal interest rate minus the inflation rate.
S10. Ans.(c)
Sol. Reverse Repo rate is the rate at which RBI borrows money from the commercial banks. It is a monetary policy instrument which can be used to control the money supply in the country.
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