General Knowledge Questions

Q:

If demand curve for renting a car is D = 90000 -­ 23P and supply curve is S = 9000 + 7P, find the equilibrium Price?

A) Rs 1800 B) Rs 900
C) Rs 3600 D) Rs 2700
 
Answer & Explanation Answer: D) Rs 2700

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Filed Under: Indian Economy
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Q:

If for the year a country's GDP was $ 1315 million, consumer spending was $900 million, investment by businesses was $180 million, exports were $85 million and imports were $100 million, calculate government spending?

A) $220 million B) $250 million
C) $580 million D) $610 million
 
Answer & Explanation Answer: B) $250 million

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Q:

In a period when an economy is facing price rise, and along with that there is slowing down of economy activities, this is case of _________.

A) Deflation B) Stagflation
C) Recession D) Depression
 
Answer & Explanation Answer: B) Stagflation

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Q:

_______ is issued when the court finds that a particular office holder is not doing legal duty and thereby is infringing on the right of an individual.

A) Habeas Corpus B) Mandamus
C) Prohibition D) Quo Warranto
 
Answer & Explanation Answer: B) Mandamus

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Q:

Goods for which demand move in the opposite direction of the income of the consumer are called?

A) Inferior goods B) Normal goods
C) Complementary goods D) Substitute goods
 
Answer & Explanation Answer: A) Inferior goods

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Q:

Martin Crowe who passed away recently was the former cricket captain of which country?

A) Australia B) England
C) New Zealand D) South Africa
 
Answer & Explanation Answer: C) New Zealand

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Filed Under: Sports
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Q:

India’s first Labour Movement Museum is to be launched in which state/UT?

A) Kerala B) Andhra Pradesh
C) West Bengal D) Tamil Nadu
 
Answer & Explanation Answer: A) Kerala

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Filed Under: General Awareness
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Q:

Hydra reproduces by

A) Fragmentation B) Multiple fission
C) Budding D) Binary fission
 
Answer & Explanation Answer: C) Budding

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Filed Under: Biology
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