Questions

Q:

The game of football is also referred to as ___.

A) Rugby B) Poker
C) Soccer D) Ping-Pong
 
Answer & Explanation Answer: C) Soccer

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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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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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Q:

What is the name of North Korea’s most powerful nuclear – capable intercontinental ballistic missile?

 

A) Hwasong-15 B) Hwasong-5
C) Hwasong-10 D) Hwasong-20
 
Answer & Explanation Answer: A) Hwasong-15

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Q:

Mechanical energy is the sum of

A) kinetic energy + heat energy B) kinetic energy + potential energy
C) potential energy + heat energy D) chemical energy + electrical energy
 
Answer & Explanation Answer: B) kinetic energy + potential energy

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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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