Q:

If for the year a country's GDP was $990 million, consumer spending was $630 million, investment by businesses was $110 million, exports were $55 million and imports were $45 million, calculate government spending?

A) $260 million	B) $240 million
C) $480 million	D) $460 million

Answer & Explanation Answer: B) $240 million

Explanation:

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Filed Under: Indian Economy
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Q:

In economic equilibrium _____

A) supply is equal to the demand.	B) the surplus is larger than the shortage.
C) elasticity of demand equals elasticity of supply	D) price elasticity of demand is unity

Answer & Explanation Answer: A) supply is equal to the demand.

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Q:

Which one of the following Indian States has the highest percentage of Scheduled Tribe population to its total population?

A) Mizoram	B) Nagaland
C) Meghalaya	D) Arunachal Pradesh

Answer & Explanation Answer: A) Mizoram

Explanation:

Scheduled Tribes

State with highest proportion of Scheduled Tribes Mizoram (94.5 %)

State with lowest proportion of Scheduled Tribes Goa (0.04 %)

UT with highest proportion of Scheduled Tribes Lakshadweep (94.5 %)

UT with lowest proportion of Scheduled Tribes A & N Islands (8.3 %)

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Filed Under: Indian Geography
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Q:

Which of the following scientists gave the law that governs the force of attraction/repulsion between two charged particles?

A) Charles Dufay	B) Michael Faraday
C) Archimedes	D) Charles Coulomb

Answer & Explanation Answer: D) Charles Coulomb

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Filed Under: Chemistry
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Q:

Metal oxides which react with acids as well as bases are called

A) Amphoteric oxides	B) Neutral oxides
C) Basic oxides	D) Acidic oxides

Answer & Explanation Answer: A) Amphoteric oxides

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Q:

Who appears on behalf of the Government of India in all cases in the Supreme Court in which Government of India is concerned?

A) Comptroller and Auditor General of India	B) Advocate General of State
C) Attorney General of India	D) Chief Election Commissioner of India

Answer & Explanation Answer: C) Attorney General of India

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Filed Under: Indian Politics
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Q:

Who is the newly appointed Foreign Secretary of India who took charge in early 2018?

A) Vijay Keshav Gokhale	B) Usha Rani
C) Nitin Kumar Yadav	D) Rajni Sekhri Sibal

Answer & Explanation Answer: A) Vijay Keshav Gokhale

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Q:

Study the Bar diagram carefully and answer the questions. The Bar diagram shows the trends of foreign direct investment (FDI) into India from all over the World (in Rs. crores).

The ratio of investment in 1997 to the average investment is

A) 2:1	B) 1:2
C) 1:1	D) 3:1

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