Questions

Q:

The innovation theory of profit was proposed by

A) Marshall B) Clark
C) Schumpeter D) Joan Robbinson
 
Answer & Explanation Answer: C) Schumpeter

Explanation:
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Q:

Which one of the following events is not correctly matched with the year in which it happened?

A) Inauguration of the SWIFT system of electronic inter bank fund transfers worldwide—1985 B) Conclusion of the Uruguay Round of GATT—1994
C) Inauguration of the World Trade Organization—1995 D) Establishment of the first wholly electronic stock exchange (Nasdaq)—1971
 
Answer & Explanation Answer: A) Inauguration of the SWIFT system of electronic inter bank fund transfers worldwide—1985

Explanation:

•SWIFT was founded in the 1970s, based on the ambitious and innovative vision of creating a global financial messaging service, and a common language for international financial messaging.

•The Uruguay Round was the 8th round of multilateral trade negotiations (MTN) conducted within the framework of the General Agreement on Tariffs and Trade (GATT), spanning from 1986 to 1994 and embracing 123 countries as "contracting parties".

•The World Trade Organization (WTO) is an intergovernmental organization that regulates international trade. The WTO officially commenced on 1 January 1995 under the Marrakesh Agreement.

•Founded by the National Association of Securities Dealers, the NASDAQ began trading on February 8, 1971, as the world's first electronic stock market.

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Q:

To become a member of the Rajya Sabha a person should be at least _____ years old.

A) 18 B) 30
C) 36 D) 24
 
Answer & Explanation Answer: B) 30

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Filed Under: Indian Politics
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Q:

CDM stands for

A) Clean Development Mechanism B) Carbon Degeneration Mechanism
C) Carbon Degeneration Mission D) Cash Deposit Mechanism
 
Answer & Explanation Answer: A) Clean Development Mechanism

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Q:

What is the reason for formation of Mirage in desert?

A) Refraction of light B) Reflection of light
C) Total internal reflection of light D) Both Refraction and Total internal reflection of light
 
Answer & Explanation Answer: D) Both Refraction and Total internal reflection of light

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Filed Under: Physics
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Q:

For what is Mohs scale used?

A) To measure brightness of a substance B) To measure viscosity of a liquid
C) To measure elasticity of a material D) To measure hardness of minerals
 
Answer & Explanation Answer: D) To measure hardness of minerals

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Q:

Two identical resistors, each of 10 ohm, are connected in parallel. This combination, in turn, is connected to a third resistor of 10 ohm. The equivalent resistance of the combination is ___.

A) 30 ohm B) 5 ohm
C) 15 ohm D) 10 ohm
 
Answer & Explanation Answer: C) 15 ohm

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Q:

If the distance travelled by an object is zero, then the displacement of the object

A) is zero B) is negative
C) is positive D) may or may not be zero
 
Answer & Explanation Answer: A) is zero

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