Questions

Q:

Which one among the following administers the International Development Association (IDA)?

A) UNDP B) UNIDO  
C) IFAD   D) IBRD
 
Answer & Explanation Answer: D) IBRD

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Q:

In April 2017, on the birth anniversary of Dr. B. R. Ambedkar which body announced the winners of Lucky Draw Schemes like ‘Lucky Grahak Yojana’ and ‘Digi-Dhan Vyapar Yojana’?

 

A) Reserve Bank of India B) State Bank of India
C) National Payments Corporation of India D) No option is correct
 
Answer & Explanation Answer: C) National Payments Corporation of India

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Q:

The Concept of Suspension of Fundamental Rights in Indian Constitution has been taken from which Country’s Constitution?

 

 

A) France B) Germany
C) Russia D) Australia
 
Answer & Explanation Answer: B) Germany

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Q:

Which subatomic particle determines the identity of an element?

A) Electrons B) Protons
C) Neutrons D) All the above
 
Answer & Explanation Answer: B) Protons

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Q:

The motile germ cell is called a/an

A) Male gamete B) Gamete
C) Female gamete D) Isogamete
 
Answer & Explanation Answer: A) Male gamete

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Q:

The demand for a normal good decreases with ________ in the consumer's income.

A) increase B) decrease
C) constant D) double
 
Answer & Explanation Answer: B) decrease

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Q:

Backward bending supply curve belongs to which market?

A) Capital B) Labour
C) Money D) Inventories
 
Answer & Explanation Answer: C) Money

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Q:

A price floor is _____.

A) a maximum legal price B) a minimum legal price
C) the price where demand equals supply D) the price where elasticity of demand equals elasticity of supply
 
Answer & Explanation Answer: B) a minimum legal price

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