Questions

Q:

Who has been named as the first ever 'Kid of the Year' by TIME Magazine?

A) Udit Singhal B) Krishna Tirath
C) Sadat Rahman D) Gitanjali Rao
 
Answer & Explanation Answer: D) Gitanjali Rao

Explanation:
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Filed Under: Famous Personalities
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Q:

Which of the following e-commerce majors has signed an agreement with NIESBUD for encouraging SMEs to grow profitably online?

A) Amazon B) Flipkart
C) Snapdeal D) eBay
 
Answer & Explanation Answer: A) Amazon

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Filed Under: Indian Economy

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Q:

If quantity of good X demanded increases from 2300 to 2700 when price of good Y increases from Rs. 45 to Rs. 55, find Arc Cross elasticity of demand?

A) 4 B) 1.25
C) 0.25 D) 0.8
 
Answer & Explanation Answer: D) 0.8

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Q:

Calculate a country's GDP if for the year, consumer spending is $400 million, government spending is $150 million, investment by businesses is $80 million, exports are $35 million and imports are $40 million.

A) $625 million B) $465 million
C) $475 million D) $635 million
 
Answer & Explanation Answer: A) $625 million

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Q:

Increase in the demand for a good will cause the equilibrium price of the good to ________ and the equilibrium quantity to _________.

A) increase; increase B) decrease; decrease
C) increase; decrease D) decrease; increase
 
Answer & Explanation Answer: A) increase; increase

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Filed Under: Indian Economy
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Q:

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.



Come in handy

 

A) Be that type of a person who loves to work with his hands B) Turn out to be useful.  
C) Always be ready to help strangers in need.   D)  Be always prepared for any kind of hardship.
 
Answer & Explanation Answer: B) Turn out to be useful.  

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Filed Under: English
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Q:

Before its Independence, Bangladesh was part of ___________.

A) India B) China
C) Pakistan D) United Kingdom
 
Answer & Explanation Answer: C) Pakistan

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Filed Under: World Geography
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Q:

Which one of the following issues was included in the Indo-US Nuclear Agreement of 2007?

A) India has 'advance right to reprocess' US-origin safeguarded spent fuel. B) India did not have the right to build a strategic fuel reserve with the help of the other supplier countries
C) India should not test a nuclear device D) The US will impede with the growth of India's nuclear weapons programme.
 
Answer & Explanation Answer: C) India should not test a nuclear device

Explanation:

The deal would indirectly bring India under purview of NSG and US laws that would not allow India to conduct nuclear test in the future. The issue of nuclear test was later clarified as the moratorium on nuclear test was unilateral and voluntary and there was no pressure on India from outside.

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