Q:

In general, elasticity is a measure of

A) how firms' profits respond to changes in market prices.	B) the extent to which advances in technology are adopted by producers.
C) how much buyers and sellers respond to changes in market conditions.	D) the extent to which a market is competitive.

Answer & Explanation Answer: C) how much buyers and sellers respond to changes in market conditions.

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Q:

Which country launched its first military satellite ANASIS-II ?

A) North Korea	B) Albania
C) South Korea	D) Argentina

Answer & Explanation Answer: C) South Korea

Explanation:

South Korea has launched its first military satellite named ANASIS-II. This military communication satellite was launched by SpaceX and is expected to reach its orbit in next two weeks. The satellite has been launched with an aim to enhance Korea's ability to defend itself against the North Korea.

The Military of South Korea is likely to take over the satellite system in October 2020.

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Q:

Which of the following is an anthropology museum that presents an integrated story of the evolution of man and culture with special reference to India?

A) The Indira Gandhi Sangrahalaya(IGS)	B) The Indira Gandhi Jantu Sangrahalaya(IGJS)
C) The Indira Gandhi Pustak Sangrahalaya(IGPS)	D) The Indira Gandhi Rashtriya Manav Sangrahalaya(IGRMS)

Answer & Explanation Answer: D) The Indira Gandhi Rashtriya Manav Sangrahalaya(IGRMS)

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Q:

Who is number 1 in the Forbes 2016 ranking of World's billionaires?

A) Warren Buffet	B) Amancio Ortega
C) Bill Gates	D) Carlos Slim Helu

Answer & Explanation Answer: C) Bill Gates

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Q:

Which company has signed an agreement with UNESCO to launch virtual reality content and 360 degree videos on Indian heritage sites?

A) Nokia	B) Sunstar
C) Samsung	D) Amazon

Answer & Explanation Answer: C) Samsung

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Q:

'Stand up India' scheme launched by the Prime Minister recently is related with

A) Promotion of entrepreneurship among SC, ST and Women	B) Promotion of rights of Divyangs
C) Promotion of compulsory education for women	D) Promotion of Indian exports in western countries

Answer & Explanation Answer: A) Promotion of entrepreneurship among SC, ST and Women

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Q:

As of February 2018, who is the Chief Minister of Kerala?

A) Oomen Chandy	B) AK Antony
C) VS Achuthanandan	D) Pinarayi Vijayan

Answer & Explanation Answer: D) Pinarayi Vijayan

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Q:

Which Indian Chief Minister won the the 2017 Outlook Speakout Award?

A) Mamata Banerjee	B) Nitish Kumar
C) Naveen Patnaik	D) Devendra Fadnavis

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