Q:

Which of the following best defines free trade?

A) Imports are discouraged	B) There are no restrictions on exports and imports
C) There are no duties levied on export	D) Imported goods are made duty free

Answer & Explanation Answer: B) There are no restrictions on exports and imports

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Filed Under: Indian Economy
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Q:

As it relates to international trade, dumping

A) is the practice of selling goods in a foreign market at less than cost.	B) is a form of price discrimination illegal under U.S. antitrust laws.
C) is defined as selling more goods than allowed by an import quota.	D) constitutes a general case for permanent tariffs.

Answer & Explanation Answer: A) is the practice of selling goods in a foreign market at less than cost.

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Filed Under: Indian Economy
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Q:

The Land Ports Authority of India works under which Union Ministry?

A) Ministry of Jal Shakti	B) Ministry of External Affairs
C) Ministry of Ports Shipping and waterways	D) Ministry of Home Affairs

Answer & Explanation Answer: D) Ministry of Home Affairs

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Filed Under: Indian Politics
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Q:

At the beginning of the 4th centuary CE, the Guptas established a small kingdom in ___.

A) Vatapi	B) Magadh
C) Malwa	D) Avadh

Answer & Explanation Answer: B) Magadh

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Filed Under: Indian History
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Q:

As of February 2018, who is the coach of Rio Olympics silver medal winner PV Sindhu?

A) Prakash Padukone	B) Pullela Gopichand
C) Akhtar Ali	D) Vikram Bisht

Answer & Explanation Answer: B) Pullela Gopichand

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Filed Under: Sports
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Q:

In the following question, the sentence given with blank to be filled in with an appropriate word. Select the correct alternative out of the four and indicate itby selecting the appropriate option.

She will surely pass if she ______ harder.

A) had studied	B) studied
C) studies	D) was studying

Answer & Explanation Answer: C) studies

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Filed Under: English

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Q:

The consumption and saving schedules reveal that the:

A) MPC and APC are equal at the point where the consumption schedule intersects the 45-degree line.	B) MPC is equal to or greater than one at all income levels.
C) MPC is greater than zero, but less than one.	D) APS is positive at all income levels.

Answer & Explanation Answer: C) MPC is greater than zero, but less than one.

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Q:

Which of the following does not represent the things that make a 'Smart City', under the smart city campaign?

A) Affordable housing, especially for the poor	B) Adequate water supply
C) Free health and education	D) Sustainable environment

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