Questions

Q:

First time which year the Railway Budget and the General Budget were presented separately?

A) 1923 B) 1947
C) 1952 D) 1977
 
Answer & Explanation Answer: A) 1923

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Q:

The international trade effect states that

A) an increase in the price level will lower net exports. B) an increase in the price level will raise exports.
C) an increase in the price level will raise net exports. D) an increase in the price level will lower imports
 
Answer & Explanation Answer: A) an increase in the price level will lower net exports.

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Q:

In the following question, the sentence given with blank to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it byselecting the appropriate option.

The purpose of life is not to simply survive, but to discover ______fulfillment.

 

A) inner   B)  outer
C) outmost   D) top
 
Answer & Explanation Answer: A) inner  

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Q:

For a price taking firm, average revenue is ______ market price.

A) half of B) equal to
C) double of D) less than
 
Answer & Explanation Answer: B) equal to

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Q:

If an unintended increase in business inventories occurs

A) aggregate expenditures must exceed the domestic output B) we can expect businesses to lower the level of production
C) we can expect aggregate production to be unaffected D) we can expect businesses to increase the level of production
 
Answer & Explanation Answer: B) we can expect businesses to lower the level of production

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Q:

Which of the following was described as the First Indian War of Independence?

A) Partition of Bengal, 1905 B) Uprising of 1857
C) Civil Disobedience Movement, 1930-1931 D) Quit India Movement, 1942
 
Answer & Explanation Answer: B) Uprising of 1857

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Q:

The political system in Afghanistan is known as

A) Islamic State of Afghanistan B) Islamic Republic of Afghanistan
C) Islamic Emirate of Afghanistan D) Islamic Government of Afghanistan
 
Answer & Explanation Answer: C) Islamic Emirate of Afghanistan

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Q:

In December 2017, who launched project ‘DARPAN’ (Digital Advancement of Rural Post Office for a New India)?

 

A) Jayant Sinha B) Manoj Sinha
C) Ravi Shankar Prasad D) Prakash Javadekar
 
Answer & Explanation Answer: B) Manoj Sinha

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