Questions

Q:

The major objective of monetary policy is to

A) increase government's tax revenue B) revamp the Public Distribution System
C) Promote economic growth with price stability D) weed out corruption in the economy
 
Answer & Explanation Answer: C) Promote economic growth with price stability

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Filed Under: Indian Economy
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Q:

First established Indian Institute of Technology (IIT)?

A) IIT Bombay B) IIT Madras
C) IIT Delhi D) IIT Kharagpur
 
Answer & Explanation Answer: D) IIT Kharagpur

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Q:

An archaeological site named Pompeii, is located in which country?

A) Germany B) Italy
C) France D) Greece
 
Answer & Explanation Answer: B) Italy

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Q:

India's current finance minister Arun Jaitley is a Rajya Sabha member from which state?

A) Uttar Pradesh B) Haryana
C) Punjab D) Gujarat
 
Answer & Explanation Answer: D) Gujarat

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Filed Under: Indian Politics
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Q:

In the following question, the sentence given with blank to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it by selecting the appropriate option.

 

He will pay ______ for his foolishness.

 

 

A) B)
C) D)
 
Answer & Explanation Answer: A)

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Filed Under: English
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Q:

Where was the 2017 World Rapid Fire Chess Championship played, in which Viswanathan Anand regained his title?

A) Oslo B) Riyadh
C) Chennai D) Dubai
 
Answer & Explanation Answer: B) Riyadh

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Q:

If the ___________ firm has zero costs or only has fixed cost, the quantity supplied in equilibrium is given by the point where the marginal revenue is zero.

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

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Q:

Economics assumes that

A) people have unlimited desires but limited resources B) people have limited desires but unlimited resources
C) allocation of resources if not centrally planned will cause inefficiency D) people are emotional and make irrational decisions
 
Answer & Explanation Answer: A) people have unlimited desires but limited resources

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Filed Under: Indian Economy
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