DAILY CURRENT AFFAIRS QUIZ
1 / 5
What is the term for incomes that represent the transfer of money without any goods or services being provided in return?
Answer: c) Transfer incomes
Explanation: Incomes like gifts, donations, taxes, fines, etc., which do not involve any production activity and represent the transfer of money without goods or services, are known as transfer incomes.
2 / 5
Who is responsible for combining land, labor, and physical capital to produce an output and earn a profit?
Answer: b) Entrepreneur
Explanation: Entrepreneurship, also known as human capital, involves individuals with knowledge and entrepreneurial skills who combine land, labor, and physical capital to produce an output and earn a profit.
3 / 5
In the question given below, there are two statements marked as Assertion (A) and Reason (R). Mark your answer as per the codes provided:
Assertion (A): The Constitution has defined India as a ‘Union of states,’ rather than a Federation.
Reason (R): The Indian political system is the outcome of a consensus among states to establish an enduring Union.
Which of the options given below is/are correct?
Answer. C
Assertion (A) is true: Article 1 of the Indian Constitution characterizes India as a “Union of states,” even though its political system operates with federal structure and functions.
Reason (R) is false:
4 / 5
Multiple Sclerosis is a:
Answer: c
Explanation:
5 / 5
What is a geostationary orbit (GEO)?
Answer: b) An orbit around the Earth with an altitude of 22,300 miles.
Explanation: A geostationary satellite is in a specific orbit around the Earth with an altitude of approximately 22,300 miles or 35,800 kilometers. These satellites revolve in the same direction as the Earth rotates, completing one orbit in about 24 hours. The satellite appears stationary from the perspective of someone on the ground, as it moves in sync with the Earth’s rotation.
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