General Knowledge Questions

Q:

The headquarters of the Indian Drugs & Pharmaceuticals Ltd is located in

 

A) Gurgaon B) Hyderabad
C) Pune D) Kolkata
 
Answer & Explanation Answer: A) Gurgaon

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

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Q:

The item ' Education' belongs to the 

A) Union List B) State List
C) Concurrent List D) Residuary subjects
 
Answer & Explanation Answer: C) Concurrent List

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Filed Under: Indian Politics

95 34026
Q:

Capital budgeting decisions are generally based on:

 

A) Tentative predictions of future outcomes. B) Perfect predictions of future outcomes.
C) Speculation of interest rates and economic performance only. D) Results from past outcomes only.
 
Answer & Explanation Answer: A) Tentative predictions of future outcomes.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

A market situation when firms sell similar but not identical products is termed as

 

A) perfect competition B) imperfect competition
C) monopolistic competition D) oligopoly
 
Answer & Explanation Answer: C) monopolistic competition

Explanation:

Monopolistic competition is a type of imperfect competition such that many producers sell products that are differentiated from one another (e.g. by branding or quality) and hence are not perfect substitutes.

In other words, large sellers selling the products that are similar, but not identical and compete with each other on other factors besides price.

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Filed Under: Indian Economy
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Q:

For an inferior good demand falls when _________.

 

A) Piece rise   B) Price falls  
C) Income rise   D) Income falls  
 
Answer & Explanation Answer: C) Income rise  

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

According to John Maynard Keynes, employment depends upon

 

A) aggregate demand B) aggregate supply
C) effective demand D) rate of interest
 
Answer & Explanation Answer: C) effective demand

Explanation:

J.M Keynes’ theory of employment is a demand-deficient theory. This means that Keynes visualised employment from the demand side of the model. His theory is a demand-oriented approach, as opposed to the classical supply side model.

According to him,the volume of employment in a country depends on the level of effective demand of people for goods and services. Thus, unemployment is attributed to the deficiency of effective demand.

 

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Filed Under: Indian Economy
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Q:

The Kulu Valley is situated between

A) Ladakh and Pirpanjal B) Ranjoti and Nag Tibba
C) Lesser Himalayas Siwalik D) Dhauladar and Pirpanjal
 
Answer & Explanation Answer: D) Dhauladar and Pirpanjal

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Filed Under: Indian Geography

95 33668
Q:

Who is known as the father of Pentium Chip?

 

A) Vinod Krishnan B) Seymour I. Rubinstein
C) Sanjay Mokashi D) Vinod Dham
 
Answer & Explanation Answer: D) Vinod Dham

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Filed Under: Famous Personalities
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