General Knowledge Questions

Q:

Women's Doubles World Champions for 2015 announced by International Tennis Federation are

A) Martina Hingis and Sania Mirza B) M. Sands and L Safarova
C) Serena Williams and Venus Williams D) Sara Errani and Roberta Vinci
 
Answer & Explanation Answer: A) Martina Hingis and Sania Mirza

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Q:

Rate of the growth of an economy is measured in terms of

A) National income B) Monthly family income
C) Number of people who have been lifted above the poverty line D) Industrial Development
 
Answer & Explanation Answer: A) National income

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Q:

Liabilities are generally classified on a balance sheet as

A) small liabilities and large liabilities B) present liabilities and future liabilities
C) tangible liabilities and intagible liabilities D) current liabilities and long-term liabilities
 
Answer & Explanation Answer: D) current liabilities and long-term liabilities

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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'.

 

The audience are(A)/humbly requested to be(B)/seated in their seats.(C)/No error(D)

A) A B) B
C) C D) D
 
Answer & Explanation Answer: D) D

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Q:

In the following question, a sentence has been given in Direct/Indirect speech . Out of the four alternatives suggested, select the one which best expresses the same sentence in Indirect/Direct speech.

He told me, "Your train will leave if you do not go at once."

A) He told me that his train will leave if he did not go at once. B) He told me that my train will leave if I do not go at that moment.
C) He told me that his train would leave if he did not go that moment. D) He told me that my train would leave if I did not go that moment.
 
Answer & Explanation Answer: D) He told me that my train would leave if I did not go that moment.

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Q:

A manufacturer faces price elasticity of demand of a -2 for its product. If it lowers its price by 5%, the increase in quantity sold will be

A) 3% B) 10%
C) 2.50% D) 7%
 
Answer & Explanation Answer: B) 10%

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Q:

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

________________ various signs of economic slowdown such as languishing industrial production and adverse __________________of the drought on rural livelihoods and demand, the government is apparently unable ____________________ unwilling to increase public spending to _________________ people’s material distress or to kick-start economic ____________________ to increase employment.


distress or to kick-start economic ____________________ to increase employment.

A) activity B) happening
C) performance D) acts
 
Answer & Explanation Answer: A) activity

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Q:

The change in the optimal quantity of a good when its price changes and the consumer’s income is adjusted so that she can just buy the bundle that she was buying before the price change is called?

A) Law of demand B) Substitution effect
C) Problem of choice D) Optimal choice
 
Answer & Explanation Answer: B) Substitution effect

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