Questions

Q:

On 26 October 2017, which company became the first ever Indian company to cross a market capitalization of Rs 6 trillion?

 

 

A) TCS B) Infosys
C) Reliance Industries Limited   D) HDFC Bank  
 
Answer & Explanation Answer: C) Reliance Industries Limited  

Explanation:
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Q:

Which one of the following events is not correctly matched with the year in which it happened?

A) Inauguration of the SWIFT system of electronic inter bank fund transfers worldwide—1985 B) Conclusion of the Uruguay Round of GATT—1994
C) Inauguration of the World Trade Organization—1995 D) Establishment of the first wholly electronic stock exchange (Nasdaq)—1971
 
Answer & Explanation Answer: A) Inauguration of the SWIFT system of electronic inter bank fund transfers worldwide—1985

Explanation:

•SWIFT was founded in the 1970s, based on the ambitious and innovative vision of creating a global financial messaging service, and a common language for international financial messaging.

•The Uruguay Round was the 8th round of multilateral trade negotiations (MTN) conducted within the framework of the General Agreement on Tariffs and Trade (GATT), spanning from 1986 to 1994 and embracing 123 countries as "contracting parties".

•The World Trade Organization (WTO) is an intergovernmental organization that regulates international trade. The WTO officially commenced on 1 January 1995 under the Marrakesh Agreement.

•Founded by the National Association of Securities Dealers, the NASDAQ began trading on February 8, 1971, as the world's first electronic stock market.

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Q:

Which one of the following statements is correct?For the purpose of Census 2011

A) a person aged seven and above who can both read and write with understanding in any language is treated as a literate B) a person aged eightand abovewho can both read and write with understanding in any language is treated as a literate
C) a person aged nine and above who can both read and write with understanding in any language is treated as a literate D) a person aged ten and above who can bothread and write with understanding in any language is treated as a literate.
 
Answer & Explanation Answer: A) a person aged seven and above who can both read and write with understanding in any language is treated as a literate

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Q:

All of the following are true about ecosystems except

A) they represent the lowest level of biological organization that is known B) there is a transfer of energy through the system and it is lost
C) the ultimate source of energy is the sun for nearly all known ecosystems  D) they contain both living and nonliving components
 
Answer & Explanation Answer: A) they represent the lowest level of biological organization that is known

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Q:

The Communications Compatibility and Security Agreement dialogue between foreign and defence ministers of India and US scheduled to be held in which of the following venues?

A) New Delhi B) Mumbai
C) Washington D) Geneva
 
Answer & Explanation Answer: C) Washington

Explanation:

The Communications Compatibility and Security Agreement dialogue between foreign and defence ministers of India and US scheduled to be held in Washington.

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Q:

Who is the first woman Fighter pilot of India at the Republic Day parade?

A) Bhawana Kanth B) Shivangi
C) Avani Chaturvedi Patel D) Mohana Tilak
 
Answer & Explanation Answer: A) Bhawana Kanth

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Q:

In which of the following types of economy are the factors of production owned individually?

A) Capitalist B) Socialist
C) Mixed D) Both Capitalist and Socialist
 
Answer & Explanation Answer: A) Capitalist

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Q:

Micro economics deals with

A) the circular flow of income B) the decision making of a single economic variable like demand
C) understanding unemployment D) economic growth
 
Answer & Explanation Answer: B) the decision making of a single economic variable like demand

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