Questions

Q:

The minimum price at which I was willing to sell my old TV was Rs 37,000. I quoted Rs 50,000 while selling it, but it sold for Rs 42,000. This transaction generated _____.

A) Rs 5000 worth of consumer surplus B) Rs 8000 worth of consumer surplus
C) Rs 5000 worth of producer surplus D) Rs 8000 worth of producer surplus
 
Answer & Explanation Answer: C) Rs 5000 worth of producer surplus

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Filed Under: Indian Economy
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Q:

In October 2017, SEBI directed the stock exchanges to impose how much fine/penalty on those companies which do not comply with the minimum public shareholding norms?

A) Rs 5000 per day B) Rs 12,000 per day
C) Rs 15,000 per day D) Rs 20,000 per day
 
Answer & Explanation Answer: A) Rs 5000 per day

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Filed Under: Indian Economy
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Q:

Who decides the Minimum Support Price (MSP) for agricultural crops in India?

A) Ministry of Agriculture   B) NABARD
C) Commission on Agriculture Cost and Price (CACP) D) Ministry of Commerce
 
Answer & Explanation Answer: C) Commission on Agriculture Cost and Price (CACP)

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Filed Under: Indian Economy
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Q:

A good measure of the standard of living is

A) SGP B) GDP
C) Percapita income D) None
 
Answer & Explanation Answer: B) GDP

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Filed Under: Indian Economy
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Q:

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.


In a dynamic society everything is provided for by law and only a few things are __________ to politicians. The universe is governed ________ law. The inverse square law __________ the earth in its orbit and the law of atomic fusion keeps the sun shining ________ the whole earth. Likewise, the law should govern a nation where the judge, the police and the civil servant dispense ___________ to the citizen.


the sun shining ________ the whole earth.

 

A) for B)  of
C) from D) form
 
Answer & Explanation Answer: A) for

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Filed Under: English
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Q:

Which of the following products can be obtained from coal processing?

A) Coke B) Coal tar
C) Coal gas D) All options are correct
 
Answer & Explanation Answer: D) All options are correct

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Filed Under: General Science
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Q:

Ram Nath Kovind, the Indian President as of February 2018, hails from which state?

A) Punjab B) Uttar Pradesh
C) Gujarat D) Rajasthan
 
Answer & Explanation Answer: B) Uttar Pradesh

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Filed Under: Indian Politics
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Q:

As of February 2018, who is the coach of Rio Olympics silver medal winner PV Sindhu?

A) Prakash Padukone B) Pullela Gopichand
C) Akhtar Ali D) Vikram Bisht
 
Answer & Explanation Answer: B) Pullela Gopichand

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Filed Under: Sports
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