Questions

Q:

In which year in India, was the demonetisation announcedfor the first time?

A) 1978 B) 1999
C) 1946 D) 1962
 
Answer & Explanation Answer: C) 1946

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Filed Under: Indian History
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Q:

Who is the author of "I Too Had A Love Story"?

A) Jhumpa Lahiri B) Amish Tripathi
C) Ravinder Singh D) Salman Rushdie
 
Answer & Explanation Answer: C) Ravinder Singh

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Q:

For a certain shoe factory the fixed costs are Rs 200,000, selling price is Rs 2000 per pair of shoes and variable cost is Rs 1200 per pair, what is the breakeven quantity?

A) 100 B) 62.5
C) 167 D) 250
 
Answer & Explanation Answer: D) 250

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Filed Under: Indian Economy
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Q:

Economic reasoning is based on the premise that

A) only economic decisions or actions have a cost associated with them B) all decisions and actions have a cost associated with them
C) all decisions or actions are costless because costs shared among decision-makers D) only decisions or actions that involve money have a cost associated with them
 
Answer & Explanation Answer: B) all decisions and actions have a cost associated with them

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Q:

Which of the following regions has the highest potential for wind energy?

A) The Deccan Plateau B) Gangetic planes
C) Western Ghats D) The Himalayas
 
Answer & Explanation Answer: C) Western Ghats

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Filed Under: Indian Geography
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Q:

Which one of the following statements is correct with respect to the composition of national income in India?

A) The share of manufacturing sector has declined B) The share of services sector has increased sharply.
C) The share of agriculture has remained static. D) The share of services sector has declined.
 
Answer & Explanation Answer: B) The share of services sector has increased sharply.

Explanation:

The growth scenario in India shows that the services sector has become the most dominant in the later part of its growth process. The share of services sector in GDP increased from 28.5 per cent in 1950-51 to 39.6 per cent in 1990-91 and then to 52.6 per cent in 2014-15 while the share of primary sector declined from 56.4 per cent in 1950-51 to 33.4 per cent in 1990-91 and then to only 19.0 per cent in 2014-15.

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Q:

Who is the CEO of the Unique Identification Authority of India (UIDAI) as of February 2018?

A) Ajay Bhushan Pandey B) Anil Dhasmana
C) Nandan Nilekani D) Ajit Doval
 
Answer & Explanation Answer: A) Ajay Bhushan Pandey

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Q:

Which Metro Rail Corporation will lay vibration-absorbing tracks for the first time in India?

A) Mumbai Metro Rail Corporation B) Noida Metro Rail Corporation
C) Kolkata Metro Rail Corporation D) Delhi Metro Rail Corporation
 
Answer & Explanation Answer: A) Mumbai Metro Rail Corporation

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