Questions

Q:

Which country launched its first military satellite ANASIS-II ?

A) North Korea B) Albania
C) South Korea D) Argentina
 
Answer & Explanation Answer: C) South Korea

Explanation:

South Korea has launched its first military satellite named ANASIS-II. This military communication satellite was launched by SpaceX and is expected to reach its orbit in next two weeks. The satellite has been launched with an aim to enhance Korea's ability to defend itself against the North Korea.

 

The Military of South Korea is likely to take over the satellite system in October 2020.

 

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Filed Under: General Awareness
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Q:

Which  one  of  the  following  constitutional authorities  inquires  and  decides  in  case  of doubts  and  disputes  arising  out  of  election of  the  President  and  Vice  President  Of India?

A) The Supreme Court of India B) The Election Commission of India
C) The Parliamentary Committee D) The High Court of Delhi
 
Answer & Explanation Answer: A) The Supreme Court of India

Explanation:

Supreme     Court     inquires     and decides   in   case   of   doubts   and disputes  arising  out  of  elections  of President    and    Vice    president.

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Filed Under: Indian Politics
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Q:

Which is the political party started by Telugu film actor Chiranjeevi, who later merged it with the Indian National Congress?

A) Nava Nirman Party B) Andhra Pride Party
C) Telugu Desam Party D) Praja Rajyam Party
 
Answer & Explanation Answer: D) Praja Rajyam Party

Explanation:
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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

Explanation:
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Filed Under: Indian Economy
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Q:

In which of the following market forms, a firm does not exercise control over price?

A) Monopoly B) Perfect competition
C) Oligopoly D) Monopolistic competition
 
Answer & Explanation Answer: B) Perfect competition

Explanation:
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Filed Under: Indian Economy
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Q:

If a consumer's demand for a good moves in the same direction as the consumer's income, the consumer's demand for that good must be inversely related to the price of the good is called __________.

A) Law of demand B) Law of supply
C) Law of substitution D) Law of optimal choice
 
Answer & Explanation Answer: A) Law of demand

Explanation:
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Filed Under: Indian Economy
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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

Explanation:
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Q:

Debenture holders of a company are its ___________.

A) Shareholders B) Creditors
C) Debtors D) Directors
 
Answer & Explanation Answer: B) Creditors

Explanation:
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Filed Under: Indian Economy
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