Question : Which of the following is a function of the family?
Option 1: Law enforcement
Option 2: Tax collection
Option 3: Socialization
Option 4: Urban planning
Correct Answer: Socialization
Solution : Socialization, or the process of learning the norms and values of society, is a key function of the family.
Answer laterQuestion : Identify the incorrect statement for the universal law of gravitation.
Option 1: It is the force that binds us to the earth
Option 2: It is the force causing tides due to the stars and the earth
Option 3: It is the forces that assist the motion of the moon around the earth
Option 4: It is the force that keeps the motion of planets around the Sun
Correct Answer: It is the force causing tides due to the stars and the earth
Solution : The correct option is It is the force causing tides due to the stars and the Earth.
The universal law of gravitation primarily describes the gravitational attraction between two masses, such as the Earth and an object on or near its surface. Tides are caused by the gravitational forces exerted by the Moon and the Sun on Earth's oceans, not stars. While stars do exert gravitational forces, their effects on Earth's tides are negligible compared to the Moon and the Sun.
Question : Who said that " Where there is no Law there will not be Liberty " ?
Option 1: Karl Marx
Option 2: Plato
Option 3: Machiavelli
Option 4: John Locke
Correct Answer: John Locke
Solution : The correct option is John Locke
This well-known adage was uttered by John Locke, a renowned philosopher and physician. The "Father of Liberalism" is another name for him. Locke is best known in politics for being a supporter of limited government. His political theory of "life, liberty, and estate" as a means of defending the three natural rights of "government by the consent of the governed" had a significant impact on the founding documents of the United States.
Question : The law permits a Company to offer 2,00,000 shares for sale for Rs.2 per share. The general public purchased three-quarters (3/4) of these shares. How much issued share capital is there?
Option 1: 4,00,000
Option 2: 5,00,000
Option 3: 1,00,000
Option 4: 3,00,000
Correct Answer: 3,00,000
Solution : If a company is allowed by law to sell 2,00,000 shares at Rs.2.00 each, then the total Authorised Share Capital will be Rs.2,00,000*2 = Rs.4,00,000. Out of this Rs.4,00,000, 3/4th was bought by the general public, So the Issued share capital will be 400000*3/4 = Rs.3,00,000.
Hence, the correct answer is option 4.
Question : What is the First Law of Gossen?
Option 1: Law of Equi-marginal utility
Option 2: Law of Diminishing marginal utility
Option 3: Law of supply
Option 4: Law of demand
Correct Answer: Law of Diminishing marginal utility
Solution : The correct answer is (b) Law of Diminishing marginal utility.
The Law of Diminishing Marginal Utility, also known as the First Law of Gossen, states that as a consumer consumes more units of a specific good, the additional utility or satisfaction derived from each additional unit decreases. In other words, as consumption increases, the marginal utility decreases. This law helps explain why consumers are willing to pay less for additional units of a good and why they seek to allocate their resources in a way that maximizes their overall satisfaction.
Question : An artificial person created by law is called
Option 1: Sole tradership
Option 2: Partnership
Option 3: Company
Option 4: All of the above
Correct Answer: Company
Solution : Answer = Company
An artificial person created by law refers to a company. Unlike sole traderships and partnerships, which are business structures formed by individuals, a company is a separate legal entity established under the law. It has rights, responsibilities, and liabilities distinct from its owners, making it an independent legal entity. A company is an artificial legal person enjoying a separate entity from its members.
Question : Which law was formulated in 1662 and concluded that the product of pressure and volume remains almost constant?
Option 1: Avogadro's law
Option 2: Dalton's law
Option 3: Boyle's law
Option 4: Charles's law
Correct Answer: Boyle's law
Solution : The correct option is Boyle's law.
The law is Boyle's law, formulated by physicist and chemist Robert Boyle in 1662. Boyle's law states that the pressure of a given amount of gas is inversely proportional to its volume at a constant temperature. In other words, when the volume of a gas decreases, the pressure increases, and vice versa, as long as the temperature remains constant.
Question : Second law of motion is also known as :
(A) Law of Acceleration
(B) Law of Inertia
(C) Law of Reciprocal Action Force
(D) Law of Momentum
(E) Law of Gravity
Choose the correct answer from the options given below :
Option 1: (A), (B) and (C) only
Option 2: (A), (C) and (D) only
Option 3: (A) and (D) only
Option 4: (B), (C) and (D) only
Correct Answer: (A) and (D) only
Solution :
Newton’s second law of motion is an expression of the interrelationship among force, mass and acceleration. This law is known as the law of acceleration and law of momentum.
Question : Which of the following institutions is mandated by the Constitution to make recommendations to the President on the principles which should govern the grants in-aid of the revenues of the States out of the Consolidated Fund of India?
Option 1: Finance Commission
Option 2: Department of Expenditure
Option 3: Reserve Bank of India
Option 4: Law Commission
Correct Answer: Finance Commission
Solution : The correct answer is the Finance Commission.
The President constitutes the Finance Commission, a body established by the Constitution. It establishes guidelines for how the Centre should allocate funds from the India Consolidated Fund to the states as aid and makes recommendations for ways to boost state resources.
Question : Select the option that can be used as a one-word substitute for the given group of words.
The theory or philosophy of law.
Option 1: Jurisprudence
Option 2: Pacifism
Option 3: Cosmology
Option 4: Philia
Correct Answer: Jurisprudence
Solution : The first option is the correct choice.
Jurisprudence is the correct one-word substitute for the theory or philosophy of law.
The meanings of the other options are as follows:
- Pacifism refers to a different concept, which is a belief in peace and opposition to war.
- Cosmology refers to the study of the universe's origin and structure, which is unrelated to the theory of law.
- Philia refers to a type of love or friendship that is not related to the theory or philosophy of law.
