Q:

Which of the following statements is correct about the President of India ?

A) Addresses first session of Parliament after each General Election.	B) Addresses first session of Parliament at the beginning of each year
C) Addresses every session of Parliament	D) Never addresses Parliament

Answer & Explanation Answer: A) Addresses first session of Parliament after each General Election.

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Q:

On 10 April 2017, Lok Sabha passed Constitution (123rd Amendment) Bill, 2017. The Bill seeks to insert a new article 342-A which empowers whom to notify the list of socials educationally backward classes of that state/union territory?

A) Prime Minister	B) President
C) Vice President	D) Finance Minister

Answer & Explanation Answer: B) President

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Q:

How many KB is equal to 1 GB?

A) 1024	B) 256 x 1024
C) 1024 x 1024	D) 1024 x 1024 x 128

Answer & Explanation Answer: C) 1024 x 1024

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Q:

Which of the following scientists gave the law that governs the force of attraction/repulsion between two charged particles?

A) Charles Dufay	B) Michael Faraday
C) Archimedes	D) Charles Coulomb

Answer & Explanation Answer: D) Charles Coulomb

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Q:

Which of the following e-commerce majors has signed an agreement with NIESBUD for encouraging SMEs to grow profitably online?

A) Amazon	B) Flipkart
C) Snapdeal	D) eBay

Answer & Explanation Answer: A) Amazon

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Q:

An increase of 1% per annum in the rate of growth of the money supply will increase inflation in the long run by _______.

A) Zero percent	B) One percent
C) 0.5 percent	D) More than one percent

Answer & Explanation Answer: B) One percent

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Q:

In perfect competition _____.

A) Products can be similar or different	B) Producer can control price by controlling production
C) Demand curve is perfectly elastic	D) All firms make economic profit in the long run

Answer & Explanation Answer: C) Demand curve is perfectly elastic

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Q:

The market for sugar is in equilibrium. If the supply of sugar increases, the equilibrium price of sugar will ________ and the equilibrium quantity will _________.

A) increase; increase	B) decrease; decrease
C) increase; decrease	D) decrease; increase

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