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.

31. Pick out the incorrect statement.

A) In a medical examiner’s report physical features like height, weight, blood pressure, etc need to be stated for proper risk assessment
B) If a proposal cannot be considered as a non-medical case for underwriting, a medical report is essential
C) There is no such thing as non-medical underwriting
D) Ration card is a non-standard proof of age
✅ ANSWER: C
Non Medical Life Insurance is for those who want the quickest possible coverage without going through a longer underwriting process. This product is a fully underwritten product which allows for rapid decision on available medical criteria.

32. Endorsement, discounting and collection of bills of exchange is made by

A) Debtors
B) Creditors
C) Drawee
D) Drawer
✅ ANSWER: D
Endorsement, discounting and collection of bills of exchange is made by Drawer. The individual or firm that issues or signs a draft instructing the drawee to pay a specified sum of money to, or to the order of, a named person (payee), or to bearer.

33. An analysis and estimation method of cost, by classifying cost accounts as fixed or variable with respect for specific output level is considered as

A) manufacturing analysis method
B) price analysis method
C) unit analysis method
D) account analysis method
✅ ANSWER: D
An analysis and estimation method of cost, by classifying cost accounts as fixed or variable with respect for specific output level is considered as account analysis method. The account analysis method is a cost accounting method for estimating the different costs associated with producing a product.

36. If marginal opportunity cost is falling, the PPF would be

A) Straight line
B) Concave
C) Backward leading
D) Convex
✅ ANSWER: D
If marginal opportunity cost is falling, the PPF would be convex. Pay Per Click curve can be convex to the origin when the opportunity cost decreases. This can happen only when less and less units are foregone of first commodity for the introduction of additional unit of another commodity. Due to increasing marginal opportunity cost. PPC becomes concave to origin.

38. In case of ________ layout, production is carried on in special purpose machine.

A) functional
B) product
C) stationary
D) combined
✅ ANSWER: B
In case of product layout, production is carried on in special purpose machine. Since machines are arranged based on the sequence of operations, mechanized equipment such as conveyor belts can be used for transporting materials. This results in significant saving of time.

39. The claims against the company not acknowledged as debts are shown as

A) Current liabilities
B) Loans and advances
C) Notes to balance sheet
D) Director’s report
✅ ANSWER: C
The claims against the company not acknowledged as debts are shown as notes to balance sheet. All claims which the company does not acknowledge as debts should be disclosed. Claims against the company by the labour union for additional wages, compensation, etc. come under this category.

40. As output increases, AC curve

A) Falls
B) Rises
C) Remains constant
D) All of the above
✅ ANSWER: D
The average cost is U-shaped because an increase in output increases the returns and reduces the total cost. As the curve continues to slope downwards, it enters a phase of constant returns where the returns and output are at their optimum level. After the constant level, continued increase in output stops yielding any further increments in the returns (diminishing returns) and the costs begin to rise, forcing the curve to start sloping upwards.