Questions

Q:

Which Indian Chief Minister won the the 2017 Outlook Speakout Award?

A) Mamata Banerjee B) Nitish Kumar
C) Naveen Patnaik D) Devendra Fadnavis
 
Answer & Explanation Answer: C) Naveen Patnaik

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Q:

Where are coins minted in India?

A) Delhi, Mumbai, Kolkata B) Delhi, Kolkata, Hyderabad
C) Mumbai, Delhi, Bangalore D) Mumbai, Kolkata, Hyderabad, NOIDA
 
Answer & Explanation Answer: D) Mumbai, Kolkata, Hyderabad, NOIDA

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Q:

If Reserve Bank of India reduces the cash reserve ratio, it will :

A) increase credit creation B) decrease credit creation
C) have no impact on credit creation D) have no definite impact on credit creation
 
Answer & Explanation Answer: A) increase credit creation

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Q:

If price of an article decreases from Rs 80 to Rs 60, quantity demanded increases from 600 units to 750 units. Find point elasticity of demand?

A) -1 B) 1
C) -1.25 D) 1.25
 
Answer & Explanation Answer: A) -1

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Q:

In India all of the following are sources for government revenue, except?

A) Agricultural income tax B) Anti dumping duty
C) Perquisite tax D) Toll tax
 
Answer & Explanation Answer: A) Agricultural income tax

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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:

As of February 2018, who is the Chief Minister of Kerala?

A) Oomen Chandy B) AK Antony
C) VS Achuthanandan D) Pinarayi Vijayan
 
Answer & Explanation Answer: D) Pinarayi Vijayan

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Q:

On 10 April 2017, Lok Sabha passed Constitution (123rd Amendment) Bill, 2017. The Bill seeks to insert a new article 342-A which empowers whom to notify the list of socials educationally backward classes of that state/union territory? 

 

A) Prime Minister   B) President
C) Vice President D) Finance Minister
 
Answer & Explanation Answer: B) President

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