Questions

Q:

Which among the following is true for the Supreme Court of India ?

A) Federal Court B) Court of Appeal
C) Guardian of the Constitution D) All of these
 
Answer & Explanation Answer: D) All of these

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Q:

Which of the following pairs (school of paintings and region where it flourished) is correctly matched?

 

A) Kalighat Paintings - Kolkata B) Phad (scroll paintings) - Punjab
C) Madhubani Paintings - Bihar D) Kalamkari - Andhra Pradesh
 
Answer & Explanation Answer: B) Phad (scroll paintings) - Punjab

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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:

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:

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:

The demand for a normal good decreases with ________ in the consumer's income.

A) increase B) decrease
C) constant D) double
 
Answer & Explanation Answer: B) decrease

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