General knowledge MCQ – Change your future

1071. Market with one buyer and one seller is called [Haryana Public Service Commission Examination-2007]

Correct Answer: Correct answer is: (A) BilateralMonopoly.

Exam Relevance: Haryana Public Service Commission Examination, UPSC, SSC

Difficulty: Moderate

Concept notes: A bilateral monopoly is a market structure where there is only one buyer and one seller.

Common Mistakes: Students may confuse bilateral monopoly with monopsony or monopoly, which involve only one buyer or one seller, respectively, but not both.

Explanations: In a bilateral monopoly, both the buyer and the seller have significant market power. The unique interaction between the single buyer and the single seller determines the market price and quantity. This market structure is distinct from a monopoly, where a single seller faces many buyers, and a monopsony, where a single buyer faces many sellers.

Option Analysis:

Option A: Correct. Bilateral monopoly is the term for a market with one buyer and one seller.
Option B: Incorrect. Monopsony refers to a market with one buyer and many sellers.
Option C: Incorrect. Monopoly refers to a market with one seller and many buyers.
Option D: Incorrect. This option is not applicable as the correct term is provided in Option A.

1072. Non Cooperation Movement was launched on ..... [Indian Railway Personnel Service (IRPS) Examination-2000]

Correct Answer: Correct answer is: (B) 4 September 1920.

Exam Relevance: UPSC, SSC, Bank PO, Railway Exams

Difficulty: Moderate

Concept notes: The Non-Cooperation Movement was a significant phase in India's struggle for independence, initiated by Mahatma Gandhi in 1920.

Common Mistakes: Students often confuse the exact date of the launch of the Non-Cooperation Movement with other significant dates in Indian history.

Explanations: The Non-Cooperation Movement was officially launched on 4 September 1920 at the special session of the Indian National Congress in Calcutta. This movement marked a shift from moderate to more aggressive methods of protest against British rule in India. The movement aimed to withdraw cooperation from the British government and its institutions, including schools, courts, and legislative councils.

Option Analysis:

Option A: 6 September 1920 is incorrect as the movement was launched two days earlier.
Option B: 4 September 1920 is the correct date of the launch of the Non-Cooperation Movement.
Option C: 4 September 1930 is incorrect as it is a decade later and does not correspond to the launch of the Non-Cooperation Movement.
Option D: None of the above is incorrect as 4 September 1920 is the correct date.

1073. Define personal investment [Goa PSC Examination-2016]

Correct Answer: Correct answer is: (D) Putting away money hoping to make money off of it in the long term.

Exam Relevance: UPSC, SSC, Bank PO, Competitive Exams

Difficulty: Easy

Concept notes: Personal investment involves setting aside money with the expectation of earning a return over time.

Common Mistakes: Students may confuse personal investment with immediate consumption or short-term spending.

Explanations: Personal investment refers to the act of putting money into financial assets or ventures with the expectation of generating a profit or return over a period of time. This aligns with the definition provided in option D, which describes the act of saving money with the goal of earning a return in the future.

Option Analysis:

Option A: Investing in a friend's business is a specific form of investment but does not encompass the broader concept of personal investment.
Option B: Buying a house is a form of investment but is more specific and does not cover the general concept of personal investment.
Option C: Buying goods and services at a good price is about cost-effective spending, not investment.
Option D: This correctly defines personal investment as the act of saving money with the goal of earning a return over time.

1074. Of the ten longest rivers in the world, six are on this continent. Which one is it? [SSC Scientific Assistant Examination-2009]

Correct Answer: Correct answer is: (B) Asia.

Exam Relevance: SSC, UPSC, GRE, GMAT

Difficulty: Moderate

Concept notes: Asia is home to several of the world's longest rivers, including the Yangtze, Yellow, Mekong, and others.

Common Mistakes: Students may confuse the number of long rivers in Africa, which also has several major rivers.

Explanations: Asia contains six of the ten longest rivers in the world, including the Yangtze, Yellow, Mekong, and others. This makes it the continent with the highest number of long rivers among the options provided.

Option Analysis:

Option A: Africa has several long rivers, but not as many as Asia.
Option B: Asia has six of the ten longest rivers in the world.
Option C: North America has fewer long rivers compared to Asia.
Option D: South America has some long rivers, but not as many as Asia.

1075. What is the complex system of writing that the Mayan's used? [Chhattisgarh Postal Circle Examination-1995]

Correct Answer: Correct answer is: (A) Hieroglyphics.

Exam Relevance: UPSC, SSC, Bank PO, State PSC

Difficulty: Easy

Concept notes: Hieroglyphics were a complex system of writing used by the ancient Mayans.

Common Mistakes: Students may confuse hieroglyphics with other writing systems like alphabets or books.

Explanations: The Mayans used hieroglyphics, a system of writing that employs symbols and pictures to represent words and sounds. This complex system was integral to their culture and allowed them to record historical events, religious texts, and other important information.

Option Analysis:

Option A: Hieroglyphics is the correct answer as it refers to the complex system of writing used by the Mayans.
Option B: Alphabet is incorrect as it refers to a set of letters used to form words, which is not the system used by the Mayans.
Option C: Chimpanas is incorrect as it is not a recognized writing system and does not relate to Mayan writing.
Option D: Books is incorrect as it refers to a physical medium for writing, not a writing system itself.

Mnemonic: Hieroglyphics: Hiero = High, Glyph = Carve, Ics = System - High Carve System

1076. Who designed the Indian Parliament in New Delhi? [IBPS SO Examination-2002]

Correct Answer: Correct answer is: (C) Edwin Landseer Lutyens.

Exam Relevance: IBPS SO, UPSC, SSC, Banking Exams

Difficulty: Easy

Concept notes: Edwin Landseer Lutyens was a renowned British architect who designed several significant buildings in New Delhi, including the Indian Parliament.

Common Mistakes: Students may confuse Edwin Landseer Lutyens with other architects or designers of notable buildings in India.

Explanations: Edwin Landseer Lutyens was commissioned to design the New Delhi area, including the Indian Parliament, as part of the British colonial government's plan to shift the capital from Calcutta to New Delhi. His architectural style, characterized by a blend of classical and Indian elements, is evident in the Parliament building.

Option Analysis:

Option A: Gustave Eiffel is known for designing the Eiffel Tower in Paris, not the Indian Parliament.
Option B: Le Corbusier was a Swiss-French architect known for his modernist designs, but he did not design the Indian Parliament.
Option C: Edwin Landseer Lutyens is the correct architect who designed the Indian Parliament in New Delhi.
Option D: Bonanno Pisano is known for the Pisa Cathedral and its famous leaning tower, not the Indian Parliament.

Mnemonic: Lutyens, L for Lutyens, L for Legislative.

1077. What was the another name of 'Quit India movement'? [Karnataka Forest Department Examination-2017]

Correct Answer: Correct answer is: (D) August Kranti.

Exam Relevance: UPSC, SSC, Bank PO, State PSC

Difficulty: Moderate

Concept notes: The 'Quit India Movement' was also known as the 'August Kranti' because it was launched on August 8, 1942, by Mahatma Gandhi.

Common Mistakes: Students may confuse the 'Quit India Movement' with other movements such as the Khilafat Movement or the Swadeshi Movement, which occurred at different times and had different objectives.

Explanations: The 'Quit India Movement' was a significant phase of the Indian independence struggle, initiated by Mahatma Gandhi on August 8, 1942. It was a mass movement aimed at forcing the British to leave India. The term 'August Kranti' directly refers to the month and the revolutionary nature of the movement, making it a fitting alternative name.

Option Analysis:

Option A: The Khilafat Movement was a protest movement launched in 1919 to defend the Ottoman Caliphate, not related to the Quit India Movement.
Option B: The Swadeshi Movement was a significant part of the Indian independence movement in the early 20th century, focusing on boycotting British goods, not the Quit India Movement.
Option C: The Home Rule Movement was led by Annie Besant and Bal Gangadhar Tilak in the early 20th century, advocating for self-governance within the British Empire, not the Quit India Movement.
Option D: The 'August Kranti' is the correct alternative name for the Quit India Movement, as it was launched in August 1942.

Mnemonic: August 8, Gandhi's call, Quit India.

1078. Which of the following was ceded by the French to India? [Indian Foreign Service (IFS) Examination-1991]

Correct Answer: Correct answer is: (C) Karaikal and Mahe.

Exam Relevance: Indian Foreign Service (IFS), Civil Services (IAS), UPSC

Difficulty: Moderate

Concept notes: Karaikal and Mahe are two of the five enclaves of the Union Territory of Puducherry, which were ceded by the French to India in 1954.

Common Mistakes: Students may confuse the territories ceded by the French with those ceded by other colonial powers, such as Portugal.

Explanations: Karaikal and Mahe are part of the former French colonial territories in India. In 1954, the French government ceded these territories to India as part of the process of decolonization. This transfer was a significant event in India's post-independence history, marking the end of French colonial presence in India. The other three enclaves, Pondicherry, Yanam, and Mahé, were also ceded to India at the same time.

Option Analysis:

Option A: Dadra and Nagar Haveli were not ceded by the French but by Portugal in 1954.
Option B: Daman and Diu were also ceded by Portugal, not the French, in 1961.
Option C: Karaikal and Mahe were ceded by the French to India in 1954.
Option D: This option is incorrect as Karaikal and Mahe were indeed ceded by the French.

Mnemonic: Karaikal and Mahe, French to India, 1954.

1079. Which of the following is not included in 7 P's of services marketing? [OSSC Examination-1984]

Correct Answer: Correct answer is: (C) Marketing plan.

Exam Relevance: OSSC Examination, MBA Entrance Exams, Marketing Management Exams

Difficulty: Easy

Concept notes: The 7 P's of services marketing include Product, Price, Place, Promotion, People, Process, and Physical Evidence. Marketing plan is not one of these elements.

Common Mistakes: Students may confuse the 7 P's of services marketing with other marketing concepts or frameworks, such as the marketing mix (4 P's), leading to incorrect identification of elements.

Explanations: The 7 P's of services marketing are a framework used to analyze and manage service offerings. They include Product, Price, Place, Promotion, People, Process, and Physical Evidence. Marketing plan is a broader concept that encompasses various strategies and tactics, including the 7 P's, but is not itself one of the 7 P's.

Option Analysis:

Option A: People is one of the 7 P's of services marketing.
Option B: Process is one of the 7 P's of services marketing.
Option C: Marketing plan is not one of the 7 P's of services marketing.
Option D: Physical evidence is one of the 7 P's of services marketing.

1080. Who among the following was the founder of the Paris Indian Society?

Correct Answer: Correct answer is: (B) Bhikaji Kama.

Exam Relevance: UPSC, SSC, Civil Services, Competitive Exams

Difficulty: Moderate

Concept notes: Bhikaji Cama was a prominent Indian revolutionary and feminist who played a significant role in the Indian independence movement. She was instrumental in founding the Paris Indian Society, which was established to promote Indian independence and spread revolutionary ideas.

Common Mistakes: Students may confuse Bhikaji Cama with other Indian revolutionaries who were also active in Europe, such as Lala Hardayal or Taraknath Das.

Explanations: Bhikaji Cama was a key figure in the Indian independence movement and was known for her revolutionary activities in Europe. She founded the Paris Indian Society to promote Indian independence and spread revolutionary ideas. This makes her the correct answer to the question.

Option Analysis:

Option A: S R Rana was not associated with the founding of the Paris Indian Society.
Option B: Bhikaji Cama was the founder of the Paris Indian Society.
Option C: Taraknath Das was a revolutionary but not the founder of the Paris Indian Society.
Option D: Lala Hardayal was a revolutionary but not the founder of the Paris Indian Society.

Mnemonic: Bhikaji Cama, Paris Society, Independence

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General knowledge MCQ - Set 108

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