General Knowledge

Demand deposits are bank accounts from which funds can be withdrawn at any time without prior notice to the bank.

Jean-Baptiste Say, a French economist, is famous for Say's Law of Markets, which states that supply creates its own demand.

The National Development Council was the apex body in India responsible for the final approval of Five-Year Plans.

Dumping is an economic practice where a company exports a product at a price lower than the price it normally charges in its own home market.

A sunk cost is money that has already been spent and cannot be recovered, so it should not influence future decision-making.

The DPT vaccine (Diphtheria, Pertussis, and Tetanus) is commonly referred to as the Triple Antigen or Triple vaccine.

Unto This Last is an essay on economy by John Ruskin, which deeply influenced Mahatma Gandhi's philosophy.

Raja Ravi Varma was a renowned Indian painter known for his works depicting scenes from Indian mythology, including Hamsa Damayanti.

The Dadasaheb Phalke Award is India's highest award in the field of cinema, presented annually at the National Film Awards.

Jean-Jacques Rousseau is the philosopher most famously associated with the concept of the General Will in his work The Social Contract.

Article 1 of the Indian Constitution states that India, that is Bharat, shall be a Union of States, which establishes the federal structure.

The Cabinet Secretary is the senior-most civil servant in the Government of India and the head of the Indian Administrative Service.

Vande Mataram was written by Bankim Chandra Chattopadhyaya and is part of his novel Anandamath.

The United States Constitution is a codified, written document, unlike the unwritten constitution of the United Kingdom.

Motilal Nehru and Chittaranjan Das founded the Swarajya Party in 1923 after the suspension of the Non-Cooperation Movement.

The Attorney-General of India has the right to speak and participate in the proceedings of either House of Parliament, though they do not have the right to vote.

Guru Nanak Dev, the founder of Sikhism, was born in Talwandi, which is now known as Nankana Sahib in Pakistan.

Sir Syed Ahmed Khan founded the Muhammadan Anglo-Oriental College in 1875. This institution later evolved into the Aligarh Muslim University.

Article 40 of the Indian Constitution directs the State to organize village panchayats. It is part of the Directive Principles of State Policy.

The Kohinoor diamond was mined in the Kollur Mine, which was located in the Golconda Sultanate. It is historically associated with the Golconda region.