Questions

Q:

A business organized as a corporation 

A) Is owned by its stockholders B) Has tax advantages over a proprietorship or partnership
C) Is not a separate legal entity in most states D) Requires that stockholders be personally liable for the debts of the business
 
Answer & Explanation Answer: A) Is owned by its stockholders

Explanation:

A business organized as a corporation is owned by its stockholders.

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Filed Under: Business Awareness
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4 1875
Q:

The buying and selling of goods is called

A) Commerce B) Telecommunication
C) Trade D) Business
 
Answer & Explanation Answer: C) Trade

Explanation:

The buying and selling of goods is called Trade. Trade is a part of business where goods and services are exchanged for mney and mainly to earn profit. Commerce is used to describe trade and all the other business activities and services which make trade possible like banking, insurance, transport and advertising.

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4 1875
Q:

Ministry of AYUSH celebrated first Naturopathy Day throughout India on?

A) 20 Nov B) 19 Nov
C) 18 Nov D) 17 Nov
 
Answer & Explanation Answer: C) 18 Nov

Explanation:

Ministry of AYUSH celebrated first Naturopathy Day on 18th November 2018 with the aim of promoting the drug-less system of medicine to prevent diseases by altering the diet and lifestyle.

Ministry of AYUSH, Government of India was established in the year 2014.

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Filed Under: Important Days and Years
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1 1875
Q:

A sentence has been given in Direct/Indirect Speech. Out of the four given alternatives, select the one which best expresses the same sentence in Indirect/Direct Speech.

 

Anuj said, “I need your help now.”

 

A) Anju needed my help then. B) Anuj said that he needed my help then.
C) Anuj said he needed my help now. D) Anuj says he needed my help now.
 
Answer & Explanation Answer: B) Anuj said that he needed my help then.

Explanation:
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Filed Under: English
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Q:

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.

 

On a wing and a prayer

 

A) A prayer can move mountains. B) A prayer has the strength to make you achieve great heights just like wings do.
C) The more one gets into prayer the closer one feels to God. D) With only the slightest chance of success.
 
Answer & Explanation Answer: D) With only the slightest chance of success.

Explanation:
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Q:

Read the passage carefully and select the best answer to each question out of the given four alternatives.

 

The conclusion of World Trade Organization’s 11th biennial ministerial conference at Buenos Aires was worrisome. From an Indian standpoint, there was no loss as status quo continues in the most important issue: the right to continue the food security programme by using support prices. But the inability of the negotiators to reach even one substantive outcome suggests that WTO’s efficacy is under question. As a 164-country multilateral organisation dedicated to crafting rules of trade through consensus, WTO represents the optimal bet for developing countries such as India. Strengthening WTO is in India’s best interest.

 

Perhaps the biggest threat to WTO’s efficacy today is the attitude of the US. The world’s largest economy appears to have lost faith in the organisation and has begun to undermine one of its most successful segments, the dispute redressal mechanism. This is significant as the US has been directly involved in nearly half of all cases brought to WTO. Separately, large groups of countries decided to pursue negotiations on e-commerce, investment facilitation and removal of trade obstacles for medium and small scale industries. By itself this should not weaken WTO. But it comes at a time when there is growing frustration with gridlock at WTO.

 

India did well to defend its position on its food security programme. The envisaged reform package which will see a greater use of direct cash transfers to beneficiaries will be in sync with what developed countries do. But it’s important for India to enhance its efforts to reinvigorate WTO. In this context, India’s plan to organise a meeting of some countries early next year is a step in the right direction. WTO represents the best available platform to accommodate interests of a diverse set of nations. Therefore, India should be at the forefront of moves to fortify it.

 

Which of the following is the most successful segments of the WTO mentioned in the passage?

 

A) Dispute redressal mechanism B) Intellectual Property Rights
C) Reviewer of government’s trade policies. D) Agreement on trade in services.
 
Answer & Explanation Answer: A) Dispute redressal mechanism

Explanation:
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Q:

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.

 

Excuse my French

 

A) Used to apologize for swearing. B) Said when one cannot speak the language of the other person correctly.
C) Used to make a flimsy excuse. D) Used when you give up easily.
 
Answer & Explanation Answer: A) Used to apologize for swearing.

Explanation:
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Q:

What is the effective resistance (in Ω) of two resistors 20 Ω and 30 Ω connected in parallel?

A) 50 B) 12
C) 24 D) 36
 
Answer & Explanation Answer: B) 12

Explanation:
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