General Knowledge Questions

Q:

India was able to achieve the fiscal deficit target for the Financial Year 2016-17. It was how much percent of GDP?

A) 3.50% B) 4.20%
C) 3.00% D) 2.50%
 
Answer & Explanation Answer: A) 3.50%

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Q:

The South China Sea Dispute involves which of the following countries?1. China2. Vietnam3. Malaysia4. IndonesiaSelect the correct answer using the code given below.

A) 1 and 4 B) 1 and 2 only
C) 1, 2 and 3 D) 2, 3 and 4
 
Answer & Explanation Answer: C) 1, 2 and 3

Explanation:

The South China Sea disputes involve both island and maritime claims among several sovereign states within the region, namely Brunei, the People's Republic of China (PRC), Republic of China (Taiwan), Malaysia, the Philippines, and Vietnam.

Although Indonesia is not part of claims in the South China Sea dispute, after Joko Widodo became President of the country in 2014, he instituted a policy in 2015 that, if any foreign fishermen were caught illegally fishing in Indonesian waters, their vessels would be destroyed.

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Q:

Which of the following is the name of a medieval Indian book on mathematics?

A) Vastushastra B) Leelavati
C) Panchadashi D) Roopmati
 
Answer & Explanation Answer: B) Leelavati

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Q:

In May 2017, the Base year of All-Indian WPI (Wholesale Price Index) has been revised from 2004-05 to ______.

A) 2010-11 B) 2015-16
C) 2011-12 D) 2016-17
 
Answer & Explanation Answer: C) 2011-12

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Q:

If demand curve for racing cycles is D = 59600 - 6P and supply curve is S = 29600 + 4P, find the equilibrium Quantity?

A) 118000 B) 300
C) 41600 D) 6000
 
Answer & Explanation Answer: C) 41600

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Q:

What is the measure of temperature considered as normal in human body?

A) 95 deg F B) 97 deg F
C) 98.6 deg F D) 96.8 deg F
 
Answer & Explanation Answer: C) 98.6 deg F

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Q:

If the average total cost are Rs 54, total fixed cost is Rs 45000 and quantity produced is 2500 units, find the average variable costs (in Rs) of the firm?

A) 24 B) 18
C) 36 D) 60
 
Answer & Explanation Answer: C) 36

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Q:

In December 2017, Mid-Term Review of the Foreign Trade Policy (FTP) was released. The review announced how much percent increase each in incentive rates of
Merchandise Exports from India Scheme and Services Export from India Scheme?

A) 5% B) 10%
C) 2% D) 15%
 
Answer & Explanation Answer: C) 2%

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