626: Weights of two pieces, one of gold and one of silver each weighing 100 gm were recorded on a spring balance. Then they were fully immersed in a liquid bath, by letting them hang through a light thread tied to the balance. Compare the recorded weights of the two pieces under that condition. Then
(a) The gold piece will weigh more than the silver piece
(b) The silver piece will weigh more than the gold piece
(c) The weights of the two pieces will be equal
(d) Nothing can be said without knowing the density of the liquid bath
627: Stagflation refers to:
(a) Constant rate of inflation
(b) Low inflation with high recession
(c) High inflation with low recession
(d) Stagnation and inflation
628: Which one of the following is not a feature of "Value Added Tax" ?
(a) It is basically a subject of the Central Government and the State Governments are only a facilitator for its successful implementation
(b) It is a multi-point destination-based system of taxation
(c) It is a tax levied on value addition at each stage of transaction in the production-distribution chain
(d) It is a tax on the final consumption of goods or services and must ultimately be borne by the consumer
Explanation:
Value Added Tax is a multi-point sales tax with set off for tax paid on purchases. It is basically a tax on the value addition on the product. The burden of tax is ultimately born by the consumer of goods. In many aspects it is equivalent to last point sales tax. Sales Tax/VAT in India is a subject matter of state governments and the central government plays the role of facilitator in implementation of VAT.
629: Consider the following statements:
1. Infant mortality rate takes into account the death of infants within a month after birth.
2. Infant mortality rate is the number of infant deaths in a particular year per 100 live births during that year.
Which of the above statements is/are correct?
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
Explanation:
Infant mortality rate (IMR) is the number of newborns dying under a year of age divided by the number of live births during the year. The infant mortality rate is also called the infant death rate. it is the number of deaths that occur in the first year of life for 1000 live births. In past times, infant mortality claimed a considerable percentage of children born, but the rates have significantly declined in the West in modern times, mainly due to improvements in basic health care though high technology medical advances have also helped. Infant morality rate is commonly included as a part of standard of living evaluations in economic.
630: The correct sequence in decreasing order of the four sugarcane producing States in India is
(a) Maharashtra, U.P., Tamil Nadu, Andhra Pradesh
(b) U.P., Maharashtra, Tamil Nadu, Andhra Pradesh
(c) Maharashtra, U.P., Andhra Pradesh, Tamil Nadu
(d) U.P., Maharashtra, Andhra Pradesh, Tamil Nadu