Questions

Q:

In which direction does the tail of a comet point toward?

A) Away from the sun B) Towards the sun
C) Away from earth D) Towards the earth
 
Answer & Explanation Answer: A) Away from the sun

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Q:

India has designed and developed pilotless target aircrafts named ___ and made successful test flight of its unmanned air vehicle (UAV).

 

1. Nishant

2. Lakshya

3. Astra

 

A) Only 2 B) Only 1
C) Only 2 & 3 D) Only 1 & 2
 
Answer & Explanation Answer: D) Only 1 & 2

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Q:

Eustachian Tube is located in which part of human body?

A) Nose B) Ear
C) Eyes D) Throat
 
Answer & Explanation Answer: B) Ear

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Q:

Which   one   of   the   following   is   not   a component  of  Revenue  Receipts  of  the Union Government?

A) Corporate tax receipts B) Dividends and profits
C) Disinvestment receipts D) Interest receipts
 
Answer & Explanation Answer: C) Disinvestment receipts

Explanation:

Revenue    receipts    are    regular source of Government of India, but Disinvestment   receipts   are   not regular    source    of    Income    of Government  and  all  other  given are regular

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Q:

When the productive capacity of the economic system of state is inadequate to create sufficient number of jobs, it is called _______

A) seasonal unemployment B) structural unemployment  
C) disguised unemployment   D) cyclical unemployment
 
Answer & Explanation Answer: D) cyclical unemployment

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Q:

Open Market Operations refer to __________

A) Borrowings by Scheduled banks from RBI B) Lending by Commercial banks to industry
C) Purchase and sale of Government securities by RBI D) Deposit mobilisation
 
Answer & Explanation Answer: C) Purchase and sale of Government securities by RBI

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Q:

What situation would result if Government expenditure exceeds the Government revenue on Current Account?

A) Deficit budgeting B) Zero­based budgeting
C) Performance­based budgeting D) Surplus budgeting
 
Answer & Explanation Answer: A) Deficit budgeting

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Q:

If price of an article decreases from Rs P1 to Rs 75, quantity demanded increases from 1000 units to 1200 units. If point elasticity of demand is ­3.2 findmP1?

A) Rs 85 B) Rs 80
C) D) Rs 95
 
Answer & Explanation Answer: B) Rs 80

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