Questions

Q:

Incorporation creates a local government and

A) determines who will serve as mayor and council members. B) divides a state into separate counties with their own leaders.
C) manages the court system on the county and city level. D) creates geographic boundaries for villages, towns, and cities.
 
Answer & Explanation Answer: B) divides a state into separate counties with their own leaders.

Explanation:

Incorporation is a legal process that enables the formation of a local government and divides a state into separate counties with their own leaders.

 

The different counties become self governing entities under the laws of the state in which they fall and are given the authority to function as independent units but within the jurisdiction of the state laws.

 

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Filed Under: Indian Politics
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Q:

In economics,"capital" refers to

A) mineral resources B) the money in one's pocket
C) consumer goods D) buildings and equipment
 
Answer & Explanation Answer: D) buildings and equipment

Explanation:

Capital refers to buildings and equipment i.e, goods which are used by workers to produce other goods such as machinery, land, ...

Capital has a number of related meanings in economics, finance, and accounting.

In economics, Capital comprises one of the four major factors of production, the others being land, labor, and entrepreneurship.

In finance and accounting, capital generally refers to financial wealth, especially that used to start or maintain a business.

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Filed Under: Indian Economy
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Q:

SEBI decided to give an exemption to some companies from the requirement of the minimum 25 per cent public shareholding. Companies exempted from such requirement should fulfil which of the following norms?

A. They should have market capitalisation of Rs.1,000 crore

B. They should have 20 million shares listed

C. They should have a turnover of Rs.400 crore per annum

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

Explanation:
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Filed Under: General Awareness
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Q:

Which country successfully launched the first high-throughput communication satellite "Shijian-13" which will enable passengers of high-speed trains to watch high-definition videos smoothly and help those at the scene of natural disasters ?

A) Japan B) China
C) Singapore D) Indonesia
 
Answer & Explanation Answer: B) China

Explanation:
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Q:

As per the data released by RBI, which bank witnessed the most number of frauds during April-December period of 2016 ?

A) HDFC Bank B) Standard Chartered Bank
C) SBI Bank D) ICICI Bank
 
Answer & Explanation Answer: D) ICICI Bank

Explanation:

ICICI Bank topped the list of banks that witnessed the most number of frauds during April-December period of 2016 with state-owned SBI taking the second spot, RBI data said.

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Filed Under: General Awareness
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Q:

What George Westinghouse invented?

A) Electric razor B) Light bulb
C) Railway air brakes D) Refrigerator
 
Answer & Explanation Answer: C) Railway air brakes

Explanation:
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Filed Under: Inventions

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Q:

How many hearts does an octopus have?

A) 9 B) 5
C) 3 D) 2
 
Answer & Explanation Answer: C) 3

Explanation:
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Filed Under: Animals and Birds

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Q:

One important result of the French Revolution was that

A) France lost its spirit of nationalism B) Political power shifted to the bourgeoisie
C) France enjoyed a lengthy period of peace and prosperity D) The church was restored to its former role and power in the French government
 
Answer & Explanation Answer: B) Political power shifted to the bourgeoisie

Explanation:

One of the most important result of the French Revolution was that Political power shifted to the bourgeoisie (Middle class people).

 

The Great French Revolution of 1789 not only overthrew the monarchy in France, but ultimately led to the destruction of the Old Order across Europe.

  

Prior to the French Revolution, the bourgeoisie or middle class, belonged to the Third Estate, which had the largest tax burden and virtually no rights.

 

The bourgeoisie gained an enormous amount of political power when the National Assembly issued the Declaration of the Rights of Man, and drafted a new constitution for France.

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Filed Under: Indian History
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