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Q:

The Swarnjayanti Shahari Rojgar Yojana which came into operation  from 1.12.1997 aims to provide gainful employment to the urban unemployed or under employed poor but does NOT Include:

A) Nehru Rojgar Yojana B) Urban Basic Service Programme
C) Prime Minister's Integrated Urban poverty Eradication Programme D) Prime Minister's Rojgar Yojana

Answer:   D) Prime Minister's Rojgar Yojana

Explanation:
Subject: Indian Economy
Q:

Which company has overtaken Oil and Natural Gas Corp (ONGC) to become India’s most profitable state-owned company  ?

A) Indian Oil Corporation B) SAIL
C) Hindustan Petroleum D) GAIL
 
Answer & Explanation Answer: A) Indian Oil Corporation

Explanation:

Indian Oil Corp (IOC) has overtaken Oil and Natural Gas Corp (ONGC) to become India’s most profitable state-owned company. IOC, which has for decades been India’s biggest company by turnover, posted a 70 per cent jump in net profit to Rs 19,106.40 crore in the financial year ended March 31, 2017.

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Q:

India has been placed in the _______ spot in the renewable energy country attractiveness index by EY.

A) 1st B) 2nd
C) 3rd D) 4th
 
Answer & Explanation Answer: B) 2nd

Explanation:

India has been placed in the second spot in the renewable energy country attractiveness index by EY. The UK accountancy firm noted the fast pace of growth in Indian renewable energy in the past three years. Over 10 gigawatt (Gw) of solar power was added between 2015 and 2017 and wind energy capacity grew to 5.4 Gw in 2017-18. This growth is in the context of the government’s ambitious targets — 175 Gw of renewables by 2022, with 40 per cent installed capacity from renewables by 2030 — and the dramatic price falls in photovoltaic technology.

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Q:

What is CPC  ?

A) Central Person scheme B) Central Pay commission
C) Central Paid determination D) Central Pay scheme
 
Answer & Explanation Answer: B) Central Pay commission

Explanation:
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Q:

Which country has recently become fifth largest military spender  ?

A) India B) Japan
C) China D) Russia
 
Answer & Explanation Answer: A) India

Explanation:

1. India's military expenditure grew around 8.5 percent in 2016, making it the world's fifth largest spender at $55.9 billion, figures released by the Stockholm International Peace Research Institute (SIPRI).

2. As per the figures, the US remains the world's largest military spender registering a growth of 1.7 percent between 2015 and 2016 to $611 billion.

3. China is second and Russia is on the third position in the list.

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Q:

Who said 'Supply creates its own demand' ?

A) Marshall B) Ricardo
C) Adam Smith D) J. B. Say
 
Answer & Explanation Answer: D) J. B. Say

Explanation:
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