Q:

Which of the following will cause an increase in demand for a good?

A) an increase in income if the good is an inferior goods	B) a decrease in the price of the goods
C) a decrease in income if the good is a normal goods	D) an increase in the price of its substitute goods

Answer & Explanation Answer: D) an increase in the price of its substitute goods

Explanation:

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Q:

The term polyarchy was used by Robert Dahl to describe a form of government in which?

A) It reduces the multitudinous differences of opinion to relatively simple alternatives	B) It takes individual as the basic unit of democratic model
C) People can participate through their representations	D) People act both through the electoral system and the group process

Answer & Explanation Answer: D) People act both through the electoral system and the group process

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Q:

The end of British rule in India came in the year

A) 1946	B) 1947
C) 1948	D) 1950

Answer & Explanation Answer: B) 1947

Explanation:

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Q:

Globalization of the economy has

A) decreased regional specialization of production	B) decreased investment in less developed countries
C) heightened economic differences among places	D) leveled economic differences between places

Answer & Explanation Answer: C) heightened economic differences among places

Explanation:

Economic globalization is the increasing economic integration and interdependence of national, regional and local economies across the world through an intensification of cross-border movement of goods, services, technologies and capital.

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Q:

What is the full form of GST?

A) Good and Services Tax	B) Goods Sales Tax
C) Grand Sales Tax	D) General Sales Tax

Answer & Explanation Answer: A) Good and Services Tax

Explanation:

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Q:

On 5 January 2018, Lok Sabha passed High Court and Supreme Court Judges (Salaries and Conditions of Service) Amendment Bill, 2017. The Bill proposes to hike the salary of Chief Justice of India (CJI) to nearly ______.

A) Rs 2.80 lakh per month	B) Rs 3.9 lakh per month
C) Rs 2 lakh per month	D) Rs 5 lakh per month

Answer & Explanation Answer: A) Rs 2.80 lakh per month

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Q:

Prohibition of discrimination on grounds of religion, race, caste, sex or place of birth comes under which category of Fundamental Rights in Indian Constitution?

A) Right to Freedom	B) Right to Constitutional Remedies
C) Right to Equality	D) Right to Freedom of Religion

Answer & Explanation Answer: C) Right to Equality

Explanation:

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Q:

The speed of light in vacuum is estimated as ___ meters/second.

A) 3.00 x 108	B) 3.10 x 108
C) 3.12 x 108	D) 3.15 x 108

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