Correct Answer: conductor

Solution : The correct option is the conductor.

Ohm's Law states that the current passing through a conductor between two points is directly proportional to the voltage across the two points, given the temperature and other physical conditions remain constant.

V=IR, where

• V represents voltage in volts (V).
• I represent current in amperes (A).
• R represents the resistance in ohms (Ω).

Correct Answer: John Locke

Solution : The correct option is John Locke.

The quote " Where there is no law, there is no freedom" is credited to the English philosopher John Locke. Locke played a pivotal role in the evolution of contemporary political theory, best known for his views on natural rights, government and social compact. This remark emphasises the importance of the rule of law in protecting individual rights and liberties within a community.

Correct Answer: Both are true 
 

Solution : The object of entrepreneurship is lawful business. Entrepreneurship has skill and other knowledge and competency requirements that can be quiet learnt and developed both by formal education and vocational training as well as by observation and work experience.

Hence, option A is correct.

Correct Answer: Corporate Affairs

Solution : The correct answer is Corporate Affairs.

The Competition (Amendment) Bill 2022 belongs to the Ministry of Corporate Affairs. The Bill amends the definition of turnover to include global turnover derived from all products and services by a person or an enterprise. The amendment allows for penalties for competition law violations based on a company's global turnover rather than just its turnover in India.

Correct Answer: Mother

Solution : Following the instructions of the question, the family tree will be –

Here, the quadrilateral represents the male, and the circular figure represents the female in the figure.

So, S is the mother of R. Hence, the fourth option is correct.

Correct Answer: Either a) or b)

Solution : The correct answer is (d) Either a) or b).

The Law of Diminishing Marginal Utility assumes that the income of the consumer remains constant. When the consumer's income increases, they have the ability to purchase more units of a good, which can affect their marginal utility. If the consumer's income decreases, they may have to reduce their consumption of the good, which can also affect their marginal utility. In both cases, the law may not hold true as the change in income can alter the consumer's preferences and the utility derived from each unit of the good. Therefore, if the income of the consumer changes, either by increasing or decreasing, the Law of Diminishing Marginal Utility may not apply.

Correct Answer: On or Before 30th April,2016 and Rs 45,000

Solution : Answer = On or Before 30th April 2016 and Rs 45,000

On or Before 30th April 2016

15% of Rs. 20,00,000 =Rs. 3,00,000

15% of Rs. 3,00,000 = Rs.45,000
Hence, the correct option is 1.

Correct Answer: No time gap

Solution : The correct answer is (b) No time gap.

According to the assumption of the Law of Diminishing Marginal Utility, there should be no time gap between the consumption of one unit and another unit. This assumption implies that the units of a commodity are consumed one after another without any significant delay or interruption. This allows for the observation of the diminishing marginal utility, as the satisfaction or utility derived from each additional unit tends to decrease.

Correct Answer: characteristics

Solution : The correct choice is the second option.

Explanation: In the context of the sentence, the word that best fits is "characteristics". The sentence is discussing the important features or attributes associated with democracy, and "characteristics" accurately conveys this meaning. It highlights the essential qualities that define democracy, such as equality and freedom.

So, the correct answer is characteristics.

Correct Answer: Giffen goods

Solution : The correct answer is Giffen goods.

The law of demand generally holds that when a good's price goes up, people tend to buy less of it, and when its price goes down, they buy more. However, Giffen goods stand as a unique exception to this principle. Giffen goods, while uncommon, are typically linked to essential but lower-quality products, such as basic staple foods.