Q:

India has changed over to the decimal system of coinage in___________.

A) April, 1958	B) April, 1959
C) April, 1995	D) April, 1957

Answer & Explanation Answer: D) April, 1957

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Q:

Price elasticity of demand is generally

A) tends to be smaller in the short run than in the long run.	B) tends to be smaller in the long run than in the short run.
C) tends to be unrelated to the length of time.	D) tends to be larger in the short run than in the long run.

Answer & Explanation Answer: A) tends to be smaller in the short run than in the long run.

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Q:

Which team won the 2016 Champions Trophy Men's Hockey tournament defeating India in the finals in London?

A) Netherlands	B) Australia
C) USA	D) Spain

Answer & Explanation Answer: B) Australia

Explanation:

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Q:

In the following question, a sentence/a part of the sentence is underlined. Below are given alternatives to the underlined part which may improve the sentence. Choose the correct alternatives. In case no improvement is required, choose "No Improvement" option.

The agressive response after the peace summit made no sense of the call for moderation.

A) made nonsense of	B) made no sense to
C) make no sense to	D) No improvement

Answer & Explanation Answer: A) made nonsense of

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Q:

Which of the following is the correct description of the term sex-ratio as used in the context of the census of population?

A) Number of males per 1000 females.	B) Number of females per 1000 males.
C) Number of females per 100 males.	D) Number of females in a sample of 1000 persons.

Answer & Explanation Answer: B) Number of females per 1000 males.

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Q:

Which of the following best defines free trade?

A) Imports are discouraged	B) There are no restrictions on exports and imports
C) There are no duties levied on export	D) Imported goods are made duty free

Answer & Explanation Answer: B) There are no restrictions on exports and imports

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Q:

In October 2017, SEBI directed the stock exchanges to impose how much fine/penalty on those companies which do not comply with the minimum public shareholding norms?

A) Rs 5000 per day	B) Rs 12,000 per day
C) Rs 15,000 per day	D) Rs 20,000 per day

Answer & Explanation Answer: A) Rs 5000 per day

Explanation:

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Q:

A good measure of the standard of living is

A) SGP	B) GDP
C) Percapita income	D) None

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