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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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Q:

In April 2017, N. K. Singh Committee recommended a fiscal deficit of how much percent of GDP by Financial Year 2022-23?

A) 2.50% B) 3.00%
C) 3.50% D) 4.00%
 
Answer & Explanation Answer: A) 2.50%

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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:

Evaporation of water takes place in which part of plants?

A) Stem B) Stomata
C) Branch D) Fruit
 
Answer & Explanation Answer: B) Stomata

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Filed Under: General Science
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Q:

The Reserve Bank of India (RBI) proposed a four-tier regulatory framework for which type of financial institutions?

A) Foreign Banks B) Small Finance Banks
C) NBFCs D) Payments Banks
 
Answer & Explanation Answer: C) NBFCs

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Filed Under: General Awareness
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Q:

Which one of the following statements is correct?For the purpose of Census 2011

A) a person aged seven and above who can both read and write with understanding in any language is treated as a literate B) a person aged eightand abovewho can both read and write with understanding in any language is treated as a literate
C) a person aged nine and above who can both read and write with understanding in any language is treated as a literate D) a person aged ten and above who can bothread and write with understanding in any language is treated as a literate.
 
Answer & Explanation Answer: A) a person aged seven and above who can both read and write with understanding in any language is treated as a literate

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Q:

On 19 September 2017, Law Ministry approved Fugitive Economic Offenders Bill, 2017. The proposed bill will be applicable in cases where the value of offences is over ______.

A) Rs 100 crores B) Rs 50 crores
C) Rs 25 crores D) Rs 200 crores
 
Answer & Explanation Answer: A) Rs 100 crores

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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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