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Q:

Price elasticity of demand is generally

A) tends to be smaller in the short run than in the long run. B) tends to be smaller in the long run than in the short run.
C) tends to be unrelated to the length of time. D) tends to be larger in the short run than in the long run.
 
Answer & Explanation Answer: A) tends to be smaller in the short run than in the long run.

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Filed Under: Indian Economy
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Q:

Which of the following is not a constituent of biogas?

A) Carbon dioxide B) Hydrogen Sulphide
C) Methane D) Carbon Monoxide
 
Answer & Explanation Answer: A) Carbon dioxide

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Filed Under: Chemistry
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Q:

Which one is not a football stadium in India?

A) Bakshi Stadium, Srinagar B) Baichung Stadium, Sikkim
C) Salt Lake Stadium, Kolkata D) Sardar Patel Stadium, Ahmedabad
 
Answer & Explanation Answer: D) Sardar Patel Stadium, Ahmedabad

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Filed Under: Sports
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Q:

Which country among the following is the smallest in terms of area?

A) Brazil B) India
C) Canada D) Russia
 
Answer & Explanation Answer: B) India

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Filed Under: World Geography
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Q:

In August 2017, New Development Bank (NDB) approved $ 1.4 billion loan for development projects in India, Russia, and China. Where is NDB headquarter?

A) Shanghai B) Beijing
C) Moscow D) Washington
 
Answer & Explanation Answer: A) Shanghai

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Filed Under: World Geography
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Q:

Who wrote the Indian historical fiction novel 'The Rise of Sivagami' published in March 2017?

A) Arundhati Roy B) Amish Tripathi
C) Devdutt Pattanaik D) Anand Neelakantan
 
Answer & Explanation Answer: D) Anand Neelakantan

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Filed Under: Books and Authors
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Q:

The Government of India in the Month of November 2015 decided to allow foreign portfolio investors (FPIs) to increase stakes in local defence units to 49%. What was the earlier permissible rate?

 

A) 10% B) 16%
C) 25% D) 24%
 
Answer & Explanation Answer: D) 24%

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Filed Under: Indian Politics
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Q:

On 2 January 2018, who launched the ‘NARI’ portal in New Delhi to provide important information about Government schemes?

 

A) Sushma Swaraj B) Maneka Gandhi
C) Nirmala Sitharaman D) Anupriya Patel
 
Answer & Explanation Answer: B) Maneka Gandhi

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