Q:

Who was sworn in as the Prime Minister of Nepal in 2015?

A) Sushil Koirala	B) Bidhya Devi Bhandari
C) Khadga Prasad Sharma Oli	D) Kul Bahadur Gurung

Answer & Explanation Answer: C) Khadga Prasad Sharma Oli

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Filed Under: Famous Personalities
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Q:

Which of the following instruments is used to measure electric current?

A) Rheostat	B) Voltmeter
C) Ammeter	D) Galvanometer

Answer & Explanation Answer: C) Ammeter

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Filed Under: Physics
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Q:

The term polyarchy was used by Robert Dahl to describe a form of government in which?

A) It reduces the multitudinous differences of opinion to relatively simple alternatives	B) It takes individual as the basic unit of democratic model
C) People can participate through their representations	D) People act both through the electoral system and the group process

Answer & Explanation Answer: D) People act both through the electoral system and the group process

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Filed Under: Indian Politics
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Q:

Inflation exists when

A) there is general increase in the prices over time.	B) there are periodic decreases in the price level.
C) there are continuous increases in the output level over time.	D) there is rise in the purchasing value of money.

Answer & Explanation Answer: A) there is general increase in the prices over time.

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Filed Under: Indian Economy
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Q:

A price floor is _____.

A) a maximum legal price	B) a minimum legal price
C) the price where demand equals supply	D) the price where elasticity of demand equals elasticity of supply

Answer & Explanation Answer: B) a minimum legal price

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Filed Under: Indian Economy
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Q:

‘Capital gains’ refers to goods which

A) serve as a source of raising further capital	B) help in the further production of goods
C) directly go into the satisfaction of human wants	D) find multiple uses

Answer & Explanation Answer: B) help in the further production of goods

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Filed Under: Indian Economy
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Q:

The relation between the consumer’s optimal choice of the quantity of a good and its price is very important and this relation is called the ________ function.

A) Price	B) Substitution
C) Supply	D) Demand

Answer & Explanation Answer: D) Demand

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Filed Under: Indian Economy
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Q:

The Chief Minister of which state was, in October 2017, honoured with the Golden Peacock Award under the category 'Global Leadership in Public Service and Economic Transformation?

A) Bihar	B) Telangana
C) Andhra Pradesh	D) West Bengal

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