General Knowledge Questions

Q:

Lorenz curve shows

A) Inflation B) Unemployment
C) Income distribution D) Poverty
 
Answer & Explanation Answer: C) Income distribution

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Q:

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Crude mineral oil comes out of the earth as a thick brown or black liquid with a strong smell. It is a complex mixture of many different substances, each with its own individual qualities. Most of them are combinations of hydrogen and carbon in varying proportions. Such hydrocarbons are also found in other forms such as bitumen, asphalt and natural gas. Mineral oil originates from the carcasses of tiny animals and from plants that live in the sea. Over million of years, these dead creatures form large deposits under sea­bed and ocean currents cover them with a blanket of sand and silt. As this material hardens, it becomes sedimentary rock and effectively shuts out the oxygen, thus preventing the complete decomposition of the marine deposits underneath. The layers of sedimentary rocks become thicker, and heavier. Their pressure produces heat, which transforms the tiny carcasses into crude oil in a process that is still going on today.


What is crude mineral oil?

A) Complex mixture of many different substances B) Simple mixture of natural gas
C) Plain white oil D)  It is bitumen
 
Answer & Explanation Answer: A) Complex mixture of many different substances

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Q:

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The Alaska pipeline starts at the frozen edge of the Arctic Ocean. It stretches southward across the largest and northernmost state in the United States, ending at a remote ice-free seaport village nearly 800 miles from where it begins. It is massive in size and extremely complicated to operate. The steel pipe crosses windswept plains and endless miles of delicate tundra that tops the frozen ground. It weaves through crooked canyons, climbs sheer mountains, plunges over rocky crags, makes its way through thick forests, and passes over or under hundreds of rivers and streams. The pipe is 4 feet in diameter, and up to 2 million barrels (or 84 million gallons) of crude oil can be pumped through it daily. Resting on H-shaped steel racks called "bents", long sections of the pipeline follow a zigzag course high above the frozen earth. Other long sections drop out of sight beneath spongy or rocky ground and return to the surface later on. The pattern of the pipeline's up-and-down route is determined by the often harsh demands of the arctic and subarctic climate, the tortuous lay of the land, and the varied compositions of soil, rock, or permafrost (permanently frozen ground). A little more than half of the pipeline is elevated above the ground. The remainder is buried anywhere from 3 to 12 feet, depending largely upon the type of terrain and the properties of the soil. One of the largest in the world, the pipeline cost approximately $8 billion and is by far the biggest and most expensive construction project ever undertaken by private industry. In fact, no single business could raise that much money, so 8 major oil companies formed a consortium in order to share the costs. Each company controlled oil rights to particular shares of land in the oil fields and paid into the pipeline-construction fund according to the size of its holdings. Today, despite enormous problems of climate, supply shortage, equipment breakdowns, labour disagreements, treacherous terrain, a certain amount of mismanagement, and even theft, the Alaska pipeline has been completed and is operating.


How was the fund for pipeline - construction generated?

A) 8 major oil companies joined hands to share the cost B) 8 major oil companies borrowed $8 billion.
C) A single private company raised $8 billion D) Oil rights were sold to 8 major oil companies
 
Answer & Explanation Answer: A) 8 major oil companies joined hands to share the cost

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Q:

In the following items, each passage consists of six sentences. The first and the sixth sentence are given in the beginning as S1 and S6. The middle four sentences in each have been removed and jumbled up. These are labeled P, Q, R and S. You are required to find out the proper sequence of the four sentences and mark your response accordingly on the Answer Sheet.

S1 :Universities are peculiar institutions.
S6:It is the most important institution in the complex process of knowledge creation and distribution.
P:Traditionally elite institutions, the modern university has provided social mobility to previously disfranchised groups.
Q:The contemporary university stands at the centre of its society.
R:They have common historical roots yet are deeply embedded in their societies.
S:Established in the medieval period to transmit established knowledge and provide training for a few key professions, universities have become a primary creator of new knowledge through basic research.

The proper sequence should be 

A) P S Q R B) S Q R P
C) S P R Q D) R P S Q
 
Answer & Explanation Answer: C) S P R Q

Explanation:

The starting statement states about the universities being the peculiar institutions. Next statement would be talking about the establishment of such institutions. So, S would be the succeeding statement. Thus, the option (a) and (d) get eliminated. The continuing statement would be talking about the contribution of modern university. So, next statement would be P. This eliminates option (b) as well. Thus, the correct sequence is SPRQ.

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Q:

The innovation theory of profit was proposed by

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

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Q:

Which amongstthe following has the power to regulatethe right of citizenship in India?

A) Union Cabinet B) Parliament
C) Supreme Court D) Law Commission
 
Answer & Explanation Answer: B) Parliament

Explanation:

The Parliament has the power to regulate the right of citizenship in India.

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Q:

 The difference between exports and imports is called-? 

A) assets and liabilities  B) balance of payment 
C) GDP  D) balance of trade 
 
Answer & Explanation Answer: D) balance of trade 

Explanation:

The difference between exports and imports is called the balance of trade. If imports are greater than exports, it is sometimes called an unfavourable balance of trade. If exports exceed imports, it is sometimes called a favourable balance of trade.

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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select ‘No Error’.

Karnataka receives most of its annual rainfall during the monsoon, (1)/ whereas Tamil Nadu does not get much then (2)/ and it has to wait still the advent of northeast monsoon. (3)/ No error (4)

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: C) 3

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