Q:

Depreciation is loss in value of ________

A) Final goods	B) Machinery
C) Capital stock	D) Stock of inventory

Answer & Explanation Answer: B) Machinery

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Find arc elasticity of demand, if quantity demanded falls from 4600 to 4200 when price of the item is increased from Rs 960 to Rs 1000?

A) -2.23	B) -2.09
C) 2.23	D) 2.09

Answer & Explanation Answer: A) -2.23

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Q:

The economic way of thinking stresses that

A) incentives matter--individuals respond in predictable ways to changes in personal costs and benefits.	B) changes in personal costs and benefits generally fail to exert much impact on behavior.
C) if a good is provided by the government, its production will not consume valuable scarce resources.	D) if one individual gains from an economic activity, then someone else must lose and in the same proportion.

Answer & Explanation Answer: A) incentives matter--individuals respond in predictable ways to changes in personal costs and benefits.

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Q:

On 5 September 2017, who launched an online quiz competition named ‘Prakriti Khoj’?

A) Health Ministry	B) Commerce Ministry
C) Environment Ministry	D) Home Ministry

Answer & Explanation Answer: C) Environment Ministry

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Filed Under: General Awareness

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Q:

Person who is colour-blind cannot distinguish between

A) Black and yellow	B) Red and green
C) Yellow and white	D) Green and blue

Answer & Explanation Answer: B) Red and green

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Filed Under: General Science
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Q:

In _____________ motion of a body its velocity varies with time.

A) uniform	B) linear
C) equilibrium	D) non-uniform

Answer & Explanation Answer: D) non-uniform

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Filed Under: Physics
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Q:

In October 2017, how many companies were shortlisted for adoption of 14 monuments under ‘Adopt a Heritage Scheme’?

A) 6	B) 10
C) 7	D) 14

Answer & Explanation Answer: C) 7

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Q:

In India the reform policies were first introduced in which year?

A) 1951	B) 1971
C) 1991	D) 2001

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