Questions

Q:

A grant for expenditure made by Lok Sabha for part of a financial year pending voting is called

A) Cut motion B) Appropriation
C) Prorogation D) Vote on account
 
Answer & Explanation Answer: D) Vote on account

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Q:

The line graph shows the record of number of admissions to a certain coaching centre from 2011 to 2016. Study the diagram and answer the following question.

Admissions in the year 2014 grew by _______ percent as compared to the previous year.

A) 50 B) 100
C) 40 D) 66.67
 
Answer & Explanation Answer: D) 66.67

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Q:

Who is the Author of the book "You are the Best Wife: A True Love Story"?

A) Durjoy Datta B) Savi Sharma
C) Ajay K Pandey D) Preeti Shenoy
 
Answer & Explanation Answer: C) Ajay K Pandey

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Filed Under: Books and Authors
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Q:

Where in the World can we find the Nobel museum?

A) Sweden B) Stockholm
C) Denmark D) London
 
Answer & Explanation Answer: B) Stockholm

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Filed Under: World Geography
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Q:

As per the announcement by the government in August 2017, Banks importing gold and precious metals will have to pay ______ tax under the GST.

 

A) 5%   B) 10%  
C) 3%   D) 8%
 
Answer & Explanation Answer: C) 3%  

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Filed Under: Indian Economy
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Q:

The minimum price at which I was willing to sell my old TV was Rs 37,000. I quoted Rs 50,000 while selling it, but it sold for Rs 42,000. This transaction generated _____.

A) Rs 5000 worth of consumer surplus B) Rs 8000 worth of consumer surplus
C) Rs 5000 worth of producer surplus D) Rs 8000 worth of producer surplus
 
Answer & Explanation Answer: C) Rs 5000 worth of producer surplus

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Q:

In April 2017, Agriculture Ministry Unveiled Model APMC Act. The new Act proposes to put a Cap on Mandi taxes at what rate (in percent) for food grain?

A) 5 B) 1
C) 2.5 D) 8
 
Answer & Explanation Answer: B) 1

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Q:

In October 2017, Insolvency and Bankruptcy Board of India (IBBI) relaxed norms for information utilities. Listed Indian companies can now hold ______ of the paid-up equity share capital or total voting power rights in such firms.

 

A) 80% B) 90%
C) 100% D) 50%
 
Answer & Explanation Answer: C) 100%

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Filed Under: Indian Economy
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