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Question (41)

QN0037311

If car production increased from 10 million to 15 million, what was the percentage increase?

(A) 25%
(B) 40%
(C) 50%
(D) 60%

Correct Answer: C

Explanation:

Increase = 15 − 10 = 5 million. Percentage increase = (5 ÷ 10) × 100 = 50%.

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Question (42)

QN0037312

What was the main significance of the Ford assembly line?

(A) It increased production efficiency and reduced production time
(B) It stopped mass production
(C) It increased the need for handmade cars
(D) It reduced the number of cars produced

Correct Answer: A

Explanation:

The assembly line allowed different stages of production to be organised efficiently, increasing mass production.

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Question (43)

QN0037313

Why did Henry Ford introduce a relatively high wage of $5 per day for workers?

(A) To encourage workers to remain in the factory and support mass consumption
(B) To stop automobile production
(C) To reduce workers' purchasing power
(D) To eliminate factory employment

Correct Answer: A

Explanation:

Higher wages helped reduce worker turnover and allowed workers to participate in the expanding consumer market.

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Question (44)

QN0037314

How did mass production contribute to mass consumption?

(A) Goods became more affordable and were purchased by more people
(B) Goods became available only to rulers
(C) Production became slower and more expensive
(D) International trade completely stopped

Correct Answer: A

Explanation:

Mass production lowered costs and prices, allowing more people to purchase manufactured goods.

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Question (45)

QN0037315

If the Great Depression is taken approximately from 1929 to 1935, how many years does this period cover?

(A) 4 years
(B) 5 years
(C) 6 years
(D) 7 years

Correct Answer: C

Explanation:

1935 − 1929 = 6 years.

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Question (46)

QN0037316

If US overseas loans fell to one-fourth of their earlier level, what percentage of the original amount remained?

(A) 20%
(B) 25%
(C) 50%
(D) 75%

Correct Answer: B

Explanation:

One-fourth = 1/4 × 100 = 25%.

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Question (47)

QN0037317

If India's exports and imports were reduced to half their earlier level, what percentage of the original trade remained?

(A) 25%
(B) 40%
(C) 50%
(D) 75%

Correct Answer: C

Explanation:

Half of the original amount = 50%.

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Question (48)

QN0037318

If the price of wheat fell from ₹100 to ₹50 during the Great Depression, by what percentage did the price fall?

(A) 25%
(B) 40%
(C) 50%
(D) 60%

Correct Answer: C

Explanation:

Fall = ₹100 − ₹50 = ₹50. Percentage fall = (50 ÷ 100) × 100 = 50%.

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Question (49)

QN0037319

What was the primary purpose of the International Monetary Fund under the Bretton Woods system?

(A) To maintain monetary stability and support international financial cooperation
(B) To control all agricultural production
(C) To organise military alliances
(D) To promote colonial expansion

Correct Answer: A

Explanation:

The IMF was created to promote international monetary stability and financial cooperation.

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Question (50)

QN0037320

What did the Group of 77 demand through the idea of a New International Economic Order?

(A) Greater control over natural resources and fairer economic relations
(B) End of all international trade
(C) Complete abolition of industries
(D) Return to barter everywhere

Correct Answer: A

Explanation:

The Group of 77 demanded a New International Economic Order with greater control over resources and fairer economic arrangements.

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Question (41)

If car production increased from 10 million to 15 million, what was the percentage increase?

Explanation:

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Question (42)

What was the main significance of the Ford assembly line?

Explanation:

Link:

Question (43)

Why did Henry Ford introduce a relatively high wage of $5 per day for workers?

Explanation:

Link:

Question (44)

How did mass production contribute to mass consumption?

Explanation:

Link:

Question (45)

If the Great Depression is taken approximately from 1929 to 1935, how many years does this period cover?

Explanation:

Link:

Question (46)

If US overseas loans fell to one-fourth of their earlier level, what percentage of the original amount remained?

Explanation:

Link:

Question (47)

If India's exports and imports were reduced to half their earlier level, what percentage of the original trade remained?

Explanation:

Link:

Question (48)

If the price of wheat fell from ₹100 to ₹50 during the Great Depression, by what percentage did the price fall?

Explanation:

Link:

Question (49)

What was the primary purpose of the International Monetary Fund under the Bretton Woods system?

Explanation:

Link:

Question (50)

What did the Group of 77 demand through the idea of a New International Economic Order?

Explanation:

Link:

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