Adee Institute Daily GK & GS Assignment November 25, 2024 PDF
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Adee Institute Palwal
2024
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This is a daily GK & GS assignment for November 25, 2024 from Adee Institute Palwal. The document contains multiple-choice questions related to various topics concerning economic concepts. It includes questions, answers, and explanations.
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# Adee Institute Daily GK & GS Assignment ## Monday, 25 November 2024 ## Ideal For: - SSC CGL - SSC CHSL - SSC JE - SSC MTS - SSC GD - SSC CPO - SSC JHT - SSC Stenographer - RRB GROUP D - RRB ALP - RRB NTPC - RPF SI - RPF CONSTABLE - RRB JE - NRA CET - All State Level Exams ## Contact Us - **...
# Adee Institute Daily GK & GS Assignment ## Monday, 25 November 2024 ## Ideal For: - SSC CGL - SSC CHSL - SSC JE - SSC MTS - SSC GD - SSC CPO - SSC JHT - SSC Stenographer - RRB GROUP D - RRB ALP - RRB NTPC - RPF SI - RPF CONSTABLE - RRB JE - NRA CET - All State Level Exams ## Contact Us - **Email:** E\_d\_u\_o\_N @Adeeinstitute - **Phone:** +91 9671425205 - **Email:** [email protected] - **Website:** Competitive Exams Preparation ## Questions: 1. **What is the main objective of monetary policy?** - (A) Increasing money in the market - (B) Price stability - (C) Eradicating corruption prevalent in the economy - (D) Increase in revenue 2. **Internal profit is-** - (A) Occurs when internal trade expands - (B) When trade expands - (C) When there is a growth in the economy - (D) Occurs in companies when they expand their product 3. **Which of the following is not the main objective of fiscal policy in India?** - (A) To increase liquidity in the economy - (B) To promote price stability - (C) To reduce income and wealth inequalities - (D) To promote employment opportunities 4. **The trickle-down theory ignores the impact of economic growth on-** - (A) Income distribution - (B) Savings - (C) Consumption - (D) Investment 5. **The best example of a capital-intensive industry in India is-** - (A) Steel industry - (B) Tourism industry - (C) Sports goods industry - (D) Textile industry 6. **What is the process that is done due to the breaking of rocks on the earth's surface?** - (A) Erosion - (B) Weathering - (C) Friction - (D) Abrasion 7. **There are three shapes of galaxies** - (A) Spiral, regular and irregular - (B) Spiral, elliptical and regular - (C) Spiral, elliptical and irregular - (D) Elliptical, regular and irregular 8. **If untreated wastewater is directly released into rivers, seas and lakes, it could be-** - (A) Contamination - (B) Pollution - (C) Infectious diseases - (D) All of the above 9. **Which of the following is not a Kharif crop?** - (A) Rice - (B) Wheat - (C) Sugarcane - (D) Cotton 10. **The presence of ozone in the stratosphere is responsible for-** - (A) Increase in average global temperature in recent years - (B) High rate of photosynthesis - (C) Checking the entry of ultraviolet rays on earth - (D) Supplying oxygen to people traveling in jets ## Solutions with Explanations: 1. **B) Price Stability** - Monetary policy aims to achieve price stability, high employment and fast economic growth. Objectives of monetary policy include variables like supply of bank credit, interest rates and money supply. 2. **D) Occurs in companies when they expand their product** - Organized development of businesses is known as organized development, which is also known as internal development. It occurs when a business expands its operations instead of relying on acquisitions and mergers. 3. **A) To increase liquidity in the economy** - Fiscal policy is the government's use of taxation and spending to influence the economy. Common objectives include: 1. Maintaining full employment 2. Stabilizing the price level 3. Promoting economic growth 4. Ensuring a balance in payments 4. **A) Income distribution** - The trickle-down theory is an economic theory that claims that tax breaks and benefits for businesses and the wealthy will stimulate the economy and benefit everyone. It suggests that economic benefits will "trickle down" from the wealthy to the rest of society. - Although the theory is based on the assumption that the rich will invest their money and create jobs, it fails to acknowledge the impact of economic growth on income distribution and inequality. 5. **A) Steel industry** - A capital intensive industry is an industry that requires a large amount of capital investment for production, such as steel, automobiles and pharmaceuticals. 6. **B) Weathering** - Weathering is the process of breaking down rocks, soil, and minerals through direct contact with the Earth's atmosphere, water, and biological organisms. 7. **C) Spiral, elliptical and irregular** - Galaxies come in three main shapes - spiral, elliptical and irregular. 8. **D) All of the above** - Release of untreated wastewater into water bodies can cause contamination, pollution and spread of infectious diseases. 9. **B) Wheat** - Kharif crops are grown during the monsoon season. Wheat, on the other hand, is a Rabi crop which is sown in winter. - Examples of Kharif crops include rice, cotton, sugarcane, maize. 10. **C) Checking the entry of ultraviolet rays on earth** - The Ozone layer in the Stratosphere absorbs ultraviolet (UV) radiation from the sun, protecting life on Earth from harmful effects.