I am resident of Tiruchirappalli, Tamilnadu and doing preparation of the IAS Exam heard about the NR IAS Academy. Can you please provide me some NR IAS Academy Current Affairs question and answers so that I can prepare well for exam also provide academy address?

NR IAS Academy & its group of institutions have been offering premier educational guidance and coaching services for Civil service aspirants which includes variety of services at UPSC(IAS, IPS, IFS etc)

Current affairs Q&A:

General knowledge questions and answers
1. The slope at any point on an indifference curve is known an–
(A) marginal rate of substitution (B) the marginal rate of trade-off
(C) the trade-off rate (D) the marginal rate off indifference (Ans : A)
2. Assuming there is no government or foreign sector, if the MPC is 0.8, the multiplier is–
(A) 0.2 (B) 0.8 (C) 1.25 (D) 5 (Ans : D)
3. Salary payable by Government of India to an Indian Citizen for services outside India–
(A) is not taxable in India (B) is taxable in India
(C) is includable in total income for tax purpose (D) None of the above (Ans : B)
4. First of all, the Income Tax Act was passed in independent India–
(A) in 1956 (B) in 1962 (C) in 1961 (D) in 1990 (Ans : C)
5. Goodwill account is a–
(A) personal account (B) real account
(C) nominal account (D) None of the above (Ans : B)
6. Which of the following should not be considered in a make or buy decision ?
(A) Potential use of manufacturing capacity
(B) Variable costs of production
(C) Potential rental income from space occupied by production area
(D) Unchanged fixed cost (Ans : D)
7. A firm’s average total cost is Rs. 30 at 5 units of output and Rs. 32 at 6 units of output. The marginal cost of producing 6th units is–
(A) Rs. 2 (B) Rs. 12 (C) Rs. 32 (D) Rs. 42 (Ans : D)
8. The function of staff in line the staff organization is–
(A) take advice from line (B) advice the line (C) hold authority and responsibility
(D) fix responsibility for performance of tasks in a deninite manner upon certain individuals (Ans : B)
9. Which of the following committees examined and suggested Financial sector reforms in India–
(A) Abid Hussain Committee (B) Bhagawati Committee
(C) Chelliah Committee (D) Narsimham Committee (Ans : D)
10. In a free market economy the allocation of resources is deter-mined by–
(A) votes taken by customers (B) a central planning authority
(C) by customer preference (D) levels of profits of firms (Ans : C)

Contact:

NR IAS ACADEMY
INSTITUTE FOR IAS, IPS, IRS (ALL UPSC & TNPSC EXAMINATIONS)
H.O. CHATHIRAM BUS STAND, ( KALAIGNAR ARIVALAYAM OPP )
TIRUCHIRAPPALLI - 620 002. TAMILNADU, INDIA.

Mobile: +91 98425 54825, 73737 54851, 73057 84825

Phone: 0431 - 4020611

Email: vijay.nriasacademy@gmail.com