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Q:

The consumption and saving schedules reveal that the:

A) MPC and APC are equal at the point where the consumption schedule intersects the 45-degree line. B) MPC is equal to or greater than one at all income levels.
C) MPC is greater than zero, but less than one. D) APS is positive at all income levels.
 
Answer & Explanation Answer: C) MPC is greater than zero, but less than one.

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Filed Under: Indian Economy
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Q:

Which among the following is an example of micro-economic variable?

A) National Income B) Aggregate Supply
C) Employment D) Consumer's Equilibrium
 
Answer & Explanation Answer: D) Consumer's Equilibrium

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Filed Under: Indian Economy
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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:

In which city is St. Peter's Basilica, one of the most famous churches in Christianity, located?

A) Madrid B) Lisbon
C) Pisa D) Vatican
 
Answer & Explanation Answer: A) Madrid

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Filed Under: World Geography
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Q:

A series is given, with one term missing. Choose the correct alternative from the given ones that will complete the series.

10, 18, 28, 40, ?

A) 58 B) 46
C) 52 D) 54
 
Answer & Explanation Answer: D) 54

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Filed Under: Verbal Reasoning - Mental Ability

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Q:

Which of the following sportspersons recently wrote the autobiographical book 'Ace Against Odds'?

A) Saina Nehwal B) Anil Kumble
C) Yuvraj Singh D) Sania Mirza
 
Answer & Explanation Answer: D) Sania Mirza

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Filed Under: Books and Authors
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Q:

Who was the UPA candidate for the Vice President's post in the 2017 elections?

A) Arun Gandhi B) Gopalkrishna Gandhi
C) Varun Gaandhi D) Sonia Gandhi
 
Answer & Explanation Answer: B) Gopalkrishna Gandhi

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Filed Under: Indian Politics
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Q:

The Certificate of Deposit (CD) is a negotiable money market instrument and issued in the form of?

A) Derivative Usance Promissory Note B) Usance Promissory Note
C) Demand Promissory Note D) Both a & b
 
Answer & Explanation Answer: B) Usance Promissory Note

Explanation:

The Certificate of Deposit (CD) is a negotiable money market instrument and issued in dematerialised form or as a Usance Promissory Note against funds deposited at a bank or other eligible financial institution for a specified time period. (Usance Promissory Note has to be paid after certain time period).

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