Questions

Q:

Calculate a country's GDP if for the year, consumer spending is $400 million, government spending is $150 million, investment by businesses is $80 million, exports are $35 million and imports are $40 million.

A) $625 million B) $465 million
C) $475 million D) $635 million
 
Answer & Explanation Answer: A) $625 million

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Q:

As per the data released by the Income­Tax Department in December 2017, how much percent of total population paid income tax in the assessment year 2015­16?

A) 1.7 B) 5.7
C) 9.7 D) 11.7
 
Answer & Explanation Answer: A) 1.7

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Q:

Calculate the accounting profits for a firm, if its economic profits for the year are Rs 60 crores, total implicit costs are Rs 18.5 crores and total explicit costs are Rs 35 crores

A) Rs 113.5 crores B) Rs 43.5 crores
C) Rs 76.5 crores D) Rs 78.5 crores
 
Answer & Explanation Answer: D) Rs 78.5 crores

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Q:

A source maintains a current I in a resistor of resistor of resistance R. If V is the potential difference across the resistor. The electrical energy dissipated in the resistor in time is given _____

 

A) VI2t B) V2It
C) IR2t D) VIt
 
Answer & Explanation Answer: D) VIt

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Q:

____ jointly launched International Solar Alliance (ISA) at Conference of Parties (CoP21) Climate Conference held in Paris, France on 1st December 2015.

 

 

A) India and China B) India and France
C) India and USA D) India and Russia
 
Answer & Explanation Answer: B) India and France

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Q:

Who is the current supreme commander of Indian Defense forces?

A) Narendra Modi B) Sumitra Mahajan
C) Pranab Mukherjee D) Lt. Gen Dalbir Singh
 
Answer & Explanation Answer: C) Pranab Mukherjee

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Q:

Who is the Chief Election Commissioner of India as of April 2016?

A) Syed Nasim Ahmed Zaidi B) Navin Chawla
C) N. Gopalaswami D) A.K. Jyoti
 
Answer & Explanation Answer: A) Syed Nasim Ahmed Zaidi

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Q:

According to the distance of planets from the Sun, which of the following order is correct?

A) Mercury, Venus, Earth, Mars B) Mercury, Earth, Mars, Venus
C) Mercury, Mars, Earth, Venus D) Mercury, Mars, Venus, Earth
 
Answer & Explanation Answer: A) Mercury, Venus, Earth, Mars

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