Questions

Q:

The GST (Goods and Services Tax), recently passed by Government will be levied on which of the following products?

A) Petroleum Crude B) Tobacco
C) Natural Gas D) Aviation Turbine Fuel
 
Answer & Explanation Answer: B) Tobacco

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Filed Under: Indian Economy
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Q:

When there is only one buyer and one seller of product, it is called _____ situation.

A) Public monopoly B) Bilateral monopoly
C) Franchised monopoly D) Monopsony
 
Answer & Explanation Answer: B) Bilateral monopoly

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Q:

The ________ balance is the sum of the balance of merchandise trade, services and net transfers received from the rest of the world.

A) Current Account B) Savings Account
C) Capital Account D) Asset Account
 
Answer & Explanation Answer: A) Current Account

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Q:

In 2015, the nominal rate of interest in a country was 8% and the inflation rate then was 2.5%. So real rate of interest in 2015 was

A) 3.2 percent B) 10.5 percent
C) 8 percent D) 5.5 percent
 
Answer & Explanation Answer: D) 5.5 percent

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Q:

Which component of the blood transports food, CO2 and nitrogenous waste?

A) WBCs B) Blood platelets
C) RBCs D) Plasma
 
Answer & Explanation Answer: D) Plasma

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Filed Under: Biology
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Q:

Which of the following gases turns lime water milky?

A) O3 B) CO2
C) O2 D) CO
 
Answer & Explanation Answer: B) CO2

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Filed Under: Chemistry
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Q:

The volume (in cu.cm.) of a right circular cylinder with radius 1 cm and height 2 cm is: pi = 22/7

A) 22/7 B) 22
C) 44 D) 44/7
 
Answer & Explanation Answer: D) 44/7

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Q:

Kailash Satyarthi won Nobel Prize for?

A) Literature B) Physics
C) Peace D) Economic Studies
 
Answer & Explanation Answer: C) Peace

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Filed Under: Honours and Awards
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