Questions

Q:

Which country will chair the 2019 summit of the Association of Southeast Asian Nations (ASEAN)? 

A) Japan B) Singapore
C) China D) Thailand
 
Answer & Explanation Answer: D) Thailand

Explanation:

Thailand will chair the first 2019 summit of the Association of Southeast Asian Nations.

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Q:

Which of the following is not a method of estimating national income?

A) Expenditure method B) Output method
C) D) Matrix method
 
Answer & Explanation Answer: C)

Explanation:
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Q:

The    Indian    Navy    in    October    2016 commissioned   the   highly   maneuverable fast  attack  craft  INS  Tihayu.  INS  Tihayu would be based in

A) Kochi B) Panaji
C) Visakhapatnam D) Mumbai
 
Answer & Explanation Answer: C) Visakhapatnam

Explanation:

The Indian Navy commissioned the highly   manoeuvrable   fast   attack craft  INS  Tihayu  at  the  Eastern Naval   Command   on   19   October 2016.  The  ship  was  commissioned at  Visakhapatnam  under  the  Naval Officer-in-Charge (Andhra Pradesh) and  would  be  deployed  for  coastal patrol  and  surveillance  operations along the Eastern Coast.

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Q:

Which nation has reported the first case of H5N8 virus?

A) China B) France
C) USA D) Russia
 
Answer & Explanation Answer: D) Russia

Explanation:

Russian authorities have reported the first known cases of an avian influenza virus called H5N8 passing from poultry to humans.

 

 

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Q:

C++ is ________.

A) an operating system B) a programming language
C) a software D) None of these
 
Answer & Explanation Answer: B) a programming language

Explanation:
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Q:

In Indian Parliamentary System, ‘Member of Legislative Assembly (MLA)’ are ______.

A) Elected by the people B) Elected by members of parliament
C) Nominated by Chief Minister of that state D) Nominated by President of India
 
Answer & Explanation Answer: A) Elected by the people

Explanation:
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Q:

When some goods or productive factors are completely fixed in amount, regardless of price, the supply curve is

A) horizontal B) downward sloping to the right
C) vertical D) upward sloping to the right
 
Answer & Explanation Answer: D) upward sloping to the right

Explanation:

Although demand curves are typically downward sloping to reflect that consumers’ utility for a good diminishes with increased consumption, firm supply curves are generally upward sloping.The upward sloping character reflects that firms will be willing to increase production in response to a higher market price because the higher price may make additional production profitable.

 

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Q:

If price of an article decreases from Rs 100 to Rs 80, when quantity demanded increases from Q1 units to 4600 units, and if point elasticity of demand is 0.75 find Q1?

A) 5000 units B) 4000 units
C) 3000 units D) 2000 units
 
Answer & Explanation Answer: B) 4000 units

Explanation:
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