Art

Boost your knowledge with a comprehensive collection of Arts MCQs with answers and detailed explanations. Covering topics from history of art, literature, philosophy, sociology, political science, and fine arts, these objective questions are designed for students, teachers, and candidates preparing for competitive exams (CSS, PMS, NTS, FPSC, PPSC, UPSC, etc.). Each MCQ is followed by a clear explanation to help you understand concepts better and improve your exam preparation. Perfect for self-assessment, practice, and revision in the field of Arts and Humanities.

📘 Accounting
📘 Business and Commerce
📘 Costing
📘 eCommerce
📘 Economics
📘 Economics MCQs
📘 Financial Management
📘 Gepgraphy MCQs
📘 GST
📘 Insurance
📘 Pedagogy MCQs
📘 Psychology MCQs
📘 Sociology MCQs

22. Procedure of assigning direct cost to any cost abject is classified as

A) sales allocation
B) cost tracing
C) cost allocation
D) sales tracing
✅ ANSWER: C
Procedure of assigning direct cost to any cost abject is classified as cost allocation. Cost allocation is the process of identifying, aggregating, and assigning costs to cost objects. A cost object is any activity or item for which you want to separately measure costs.

23. Xerography is a process of ___________.

A) electrical photography
B) blue printing
C) fixing stamps
D) printing address
✅ ANSWER: B
Xerography is a process of blue printing. Xerography is standard copy machine technology using toner on bond paper. When large size xerography machines became available, c. 1975, they replaced the older printing methods.

24. Under Immediate annuity, the premium has to be paid

A) In regular instalments
B) In lumpsum
C) Both A & B
D) None of the above
✅ ANSWER: B
Under Immediate annuity, the premium has to be paid in lumpsum. An immediate annuity is an insurance product that gives the buyer a guaranteed stream of income in exchange for a lump sum of cash. Immediate annuities have several advantages, such as long-term stability, tax-deferred income, and monthly income payments for the rest of your life.

25. Which of the below option is correct with regards to a term insurance plan?

A) Term insurance plans come with life-long renewability option
B) All term insurance plans come with a built-in disability rider
C) Term insurance can be bought as a stand-alone policy as well as a rider with another policy
D) There is no provision in a term insurance plans to convert it into a whole life insurance plan
✅ ANSWER: C
Term insurance can be bought as a stand-alone policy as well as a rider with another policy. Term insurance is a life insurance product offered by an insurance company which offers financial coverage to the policy holder for a specific time period. In case of death of the insured individual during the policy term, the death benefit is paid by the company to the beneficiary.

26. Economic survey is published by

A) Ministry of Finance
B) Planning Commission
C) Government of India
D) Indian Statistical Institute
✅ ANSWER: A
The Department of Economic Affairs, Finance Ministry of India presents the Economic Survey in the parliament every year, just before the Union Budget.It is prepared under the guidance of the Chief Economic Adviser, Finance Ministry. It is the ministry’s view on the annual economic development of the country.

27. Carriage inwards refers to the cost of transportation for

A) Purchase of materials
B) Sale of products
C) Returns outward
D) Return of unsold goods
✅ ANSWER: A
Carriage inwards refers to the cost of transportation for Purchase of materials. The carriage inwards costs are considered to be part of the cost of items purchased, since an asset’s cost is defined as all costs that are necessary to get the asset in place and ready for use.

28. A debit balance in the bank statement indicates

A) Cash at bank
B) Bank overdraft
C) Over payment to creditors
D) Cash in hand
✅ ANSWER: B
A debit balance in the bank statement indicates Bank overdraft. Overdrafts are where the bank account becomes negative and the businesses in effect have borrowed from the bank.

29. In modern investment analysis, the risk for a stock is related to its_____________.

A) leverage factor
B) standard deviation
C) beta coefficient
D) coefficient of variation
✅ ANSWER: C
In modern investment analysis, the risk for a stock is related to its beta coefficient. In finance, the beta (β or beta coefficient) of an investment is a measure of the risk arising from exposure to general market movements as opposed to idiosyncratic factors.