1861: The following figure represents time vs. learning curves of two students, Q and R for learning a Mathematics lesson :


Which one of the following inferences can be drawn from the graph ?

(a) R started slowly in the beginning but got ahead of Q to complete learning the lesson
(b) Q started slowly and finished learning the lesson earlier than R
(c) R was always faster than Q in learning Mathematics
(d) Q was always faster than R in learning Mathematics
1862: The national income of a country in a given period is equal to the

(a) total value of goods and services produced by the nationals

(b) sum of total consumption and investment expenditure

(c) sum of personal income of all individuals

(d) money value of final goods and services produced
1863: Hawala transactions relate to payments

(a) received in rupees against overseas currencies and vice versa without going through the official channels

(b) received for sale/transfer of shares without going through the established stock exchanges

(c) received as commission for services rendered to overseas investors/buyers/ sellers in assisting them to get over the red tape
and/or in getting preferential treatment

(d) made to political parties or to individuals for meeting election expenses
1864: In India, inflation is measured by the

(a) Wholesale Price Index Number
(b) Consumers Price Index for urban non-manual workers
(c) Consumers Price Index for agricultural workers
(d) National Income deflation
1865: Why could British only succeed in trade and commerce in India?

(a) Because of government backing

(b) Quality of merchandise

(c) Naval superiority

(d) All of the above