Questions

Q:

Increase in the demand for a good will cause the equilibrium price of the good to ________ and the equilibrium quantity to _________.

A) increase; increase B) decrease; decrease
C) increase; decrease D) decrease; increase
 
Answer & Explanation Answer: A) increase; increase

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Filed Under: Indian Economy
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Q:

India implemented the GST (Goods and Service Tax) from which month of 2017?

A) January B) March
C) July D) September
 
Answer & Explanation Answer: C) July

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Q:

In the following passage some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

The quest for a _____ life engrosses every human being on this earth. Everyman tends to define a happy life in a _____ individualistic fashion. _____have attempted to define a happy life in various terms. Hedonists have a _____ notion that happiness lies in the _____ of physical appetites.

on this earth. Everyman tends to define a happy life in a _____ individualistic fashion.

A) distinctly B) identically
C) similar D) serious
 
Answer & Explanation Answer: A) distinctly

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Q:

Who took charge as the Chief Minister of Goa after the 2017 elections?

A) Bharat Vir Wanchoo B) Manohar Parrikar
C) Churchill Alemao D) Dayanand Narvekar
 
Answer & Explanation Answer: B) Manohar Parrikar

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Filed Under: Indian Politics
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Q:

What occurs during the appropriations process?

A) Congress acquires requested oversight material from the executive. B) Congress instructs the president to eliminate federal agencies.
C) Congress grants funds to federal agencies and programs.  D) Congress makes laws.
 
Answer & Explanation Answer: C) Congress grants funds to federal agencies and programs. 

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Filed Under: General Awareness
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Q:

The Tableau of which state was adjudged best at the Republic Day parade?

A) Gujarat B) Uttar Pradesh
C) Tripura D) Assam
 
Answer & Explanation Answer: B) Uttar Pradesh

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Q:

Headquarters of International Gas Union (IGU) located in

A) Geneva, Switzerland B) Barcelona, Spain
C) Paris, France D) Riyadh, Saudi Arabia
 
Answer & Explanation Answer: B) Barcelona, Spain

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Q:

The Reserve Bank of India (RBI) proposed a four-tier regulatory framework for which type of financial institutions?

A) Foreign Banks B) Small Finance Banks
C) NBFCs D) Payments Banks
 
Answer & Explanation Answer: C) NBFCs

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