Questions

Q:

The change in the optimal quantity of a good when its price changes and the consumer’s income is adjusted so that she can just buy the bundle that she was buying before the price change is called?

A) Law of demand B) Substitution effect
C) Problem of choice D) Optimal choice
 
Answer & Explanation Answer: B) Substitution effect

Explanation:
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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which is the 1st Central Bank to reach one million followers on twitter?

A) Central Bank of India B) Reserve Bank of India
C) The Bank of Ghana D) Bank of America
 
Answer & Explanation Answer: B) Reserve Bank of India

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Q:

Pitch Black Exercise is an air exercise between

A) India and Japan B) India and France
C) India and Nepal D) India and Australia
 
Answer & Explanation Answer: D) India and Australia

Explanation:

Indian Air Force (IAF) has participated in Exercise Pitch Black 2018 at Darwin, Australia. Sixteen different nations from across the globe, including French Air Force (FAF) participated in this exercise.

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Q:

The Typhoon named 'Goni' has recently hit which country?

A) Philippines B) United States of America
C) Indonesia D) Australia
 
Answer & Explanation Answer: A) Philippines

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Q:

The astronomer who discovered planet Pluto was ___.

A) Sylvain Arend B) Joseph Asbrook
C) Edwin Hubble D) Clyde Tombaugh
 
Answer & Explanation Answer: D) Clyde Tombaugh

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Filed Under: General Science
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Q:

Which leader adopted Orthodox Christianity as the official religion of Russia?

A) Vladmir the Great B) Micheal Romanav
C) Ivan IV D) Boris Godunov
 
Answer & Explanation Answer: A) Vladmir the Great

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Q:

Which former Indian cricket player has taken charge as the Indian cricket team's head coach in 2017?

A) Bishen Singh Bedi B) Sunil Gavaskar
C) Ravi Shastri D) Chetan Chauhan
 
Answer & Explanation Answer: C) Ravi Shastri

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Q:

Which is the form of market where there is lack of competition?

A) Monopoly B) Oligopoly
C) Perfect competition D) Marketisation
 
Answer & Explanation Answer: A) Monopoly

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Filed Under: Indian Economy
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