Questions

Q:

Match the characteristics with their market structure:
(a) Firm has control over quantity of output but it must take into account reactions of competitors.
b) Firm will tend to set output so that it earns maximum profits.

A) (a) Oligopoly, (b) Pure competition B) (a) Monopolistic competition, (b) Oligopoly
C) (a) Pure Monopoly, (b) Pure competition D) (a) Oligopoly, (b) Pure Monopoly
 
Answer & Explanation Answer: D) (a) Oligopoly, (b) Pure Monopoly

Explanation:
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Filed Under: Indian Economy
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Q:

In December 2017, Mid-Term Review of the Foreign Trade Policy (FTP) was released. The review announced how much percent increase each in incentive rates of
Merchandise Exports from India Scheme and Services Export from India Scheme?

A) 5% B) 10%
C) 2% D) 15%
 
Answer & Explanation Answer: C) 2%

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Q:

The principles of internal control include

A) Maintain Records B) Segregate of Duties
C) Mandatory Employee Rotation D) All the above
 
Answer & Explanation Answer: D) All the above

Explanation:

The principles of internal control are the concepts management uses to establish the ways to protect company assets.


The main internal control principles include:

  • Establish Responsibilities
  • Maintain Records
  • Insure Assets by Bonding Key Employees
  • Segregate of Duties
  • Mandatory Employee Rotation
  • Split Related Party Responsibility
  • Use Technological Controls
  • Perform Regular Independent Reviews

 

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Q:

Which  one  of  the  following  sectors  is  not affected   by   the   changes   made   in   the Foreign  Direct  Investment  Policy  in June 2016?

A) Multi-brand retailing B) Defence
C) Private security agencies D) Manufacturing   of   small   arms   and ammunitions  covered  under  the  Arms Act, 1959
 
Answer & Explanation Answer: D) Manufacturing   of   small   arms   and ammunitions  covered  under  the  Arms Act, 1959

Explanation:

Changes  made  in  FDI  policy  in June     2016     will     not     affect manufacturing  of  small  arms  and ammunition.

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Filed Under: Indian Politics
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Q:

About 93% of Tribal women cannot contest for the post of Sarpanch in Rajasthan as they are not educated enough. What are the educational qualification necessary?

A) Minimum Qualification is class 2 B) Minimum Qualification is class 5
C) Minimum Qualification is class 7 D) Minimum Qualification is class 10
 
Answer & Explanation Answer: B) Minimum Qualification is class 5

Explanation:
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Q:

In the following question, a sentence has been given in Direct/Indirect speech. Out of the four alternatives suggested, select the one which best expresses the same sentence in Indirect/Direct speech.

 

He said, "This man will be waiting for you here at the lobby."

A) He said this that man would be waiting for me there at the lobby. B) He said that that man would be waiting for me there at the lobby.
C) He said that that man would be waiting for me here at the lobby. D) He said this that man would be waiting for me here at the lobby.
 
Answer & Explanation Answer: B) He said that that man would be waiting for me there at the lobby.

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Filed Under: English
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Q:

A series is given, with one term missing. Choose the correct alternative from the given ones that will complete the series.

10, 18, 28, 40, ?

A) 58 B) 46
C) 52 D) 54
 
Answer & Explanation Answer: D) 54

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Q:

Which of the following Indian women cricket openers scored 320 in 45.3 overs to become the world's first pair to achieve a 300-run opening wicket partnership in a one-day internationals(ODIs)?

A) Deepti Sharma and Poonam Raut B) Diana Edulji and Mitali Raj
C) Mitali Raj and Deepti Sharma D) Poonam Raut and Mitali Raj
 
Answer & Explanation Answer: A) Deepti Sharma and Poonam Raut

Explanation:
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Filed Under: Sports
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