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Q:

Price elasticity of demand is generally

A) tends to be smaller in the short run than in the long run. B) tends to be smaller in the long run than in the short run.
C) tends to be unrelated to the length of time. D) tends to be larger in the short run than in the long run.
 
Answer & Explanation Answer: A) tends to be smaller in the short run than in the long run.

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Filed Under: Indian Economy
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Q:

Which of the following is not a constituent of biogas?

A) Carbon dioxide B) Hydrogen Sulphide
C) Methane D) Carbon Monoxide
 
Answer & Explanation Answer: A) Carbon dioxide

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Q:

Name the first civilian president of Myanmar.

A) Htin Kyaw B) Myint Swe
C) Henry VanThio D) Thein Sein
 
Answer & Explanation Answer: A) Htin Kyaw

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Filed Under: Famous Personalities
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Q:

Churches and Convents of Goa were built by?

A) British B) Dutch
C) Portuguese D) Mughals
 
Answer & Explanation Answer: C) Portuguese

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Filed Under: Indian History
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Q:

In August 2017, New Development Bank (NDB) approved $ 1.4 billion loan for development projects in India, Russia, and China. Where is NDB headquarter?

A) Shanghai B) Beijing
C) Moscow D) Washington
 
Answer & Explanation Answer: A) Shanghai

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Filed Under: World Geography
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Q:

What is the capital of Greece?

A) Buenos Aires B) Stockholm
C) Athens D) Bern
 
Answer & Explanation Answer: C) Athens

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Filed Under: Country Capitals
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Q:

The Government of India in the Month of November 2015 decided to allow foreign portfolio investors (FPIs) to increase stakes in local defence units to 49%. What was the earlier permissible rate?

 

A) 10% B) 16%
C) 25% D) 24%
 
Answer & Explanation Answer: D) 24%

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Filed Under: Indian Politics
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Q:

In India, which among the following can be amended by Special Majority of Parliament and Consent of States?

 

I. Election of President and its manner

II. Any of the lists in Seventh Schedule

III. Amendment in Fundamental Right

 

A) Only I B) Only II
C) Both I and II D) All I, II and III
 
Answer & Explanation Answer: C) Both I and II

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