General Knowledge Questions

Q:

Government intervention in a modern economy is useful because

A) the needs and wants of modern society are always met by the market place B) the market place has many incentives to create public work such as parks and library’s
C) governments are more able to meet some needs and wants of modern society in a way that ensures that all members of society can participate D) the market place powers all its own laws
 
Answer & Explanation Answer: C) governments are more able to meet some needs and wants of modern society in a way that ensures that all members of society can participate

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Q:

If price of an article decreases from Rs 800 to Rs 700, quantity demanded increases from Q1 units to 70 units. If point elasticity of demand is -1.333 find Q1?

A) 80 units B) 90 units
C) 60 units D) 50 units
 
Answer & Explanation Answer: C) 60 units

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Q:

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


It was for long the insurmountable peak for ODI batting, but one man might now have a template to score ODI double-centuries again and again. In Bengaluru, against Australia in 2013, Rohit Sharma reached 20 off 35th ball, 50 off the 71st, and the hundred in the 38th over of the innings. In Kolkata, against Sri Lanka in 2014, he was nearly caught for 4 off the 17th ball he faced, reached his 20th run off the 35th ball, but accelerated slightly earlier to bring up his century in the 32nd over of the innings. On a cold mid-week afternoon in Mohali this season, he was even slower to start, reaching 20 off 37 balls, 50 off 65 balls, and bringing up the hundred only in the 40th over. All three were ODI doubles. One time can be a charm, but to accelerate so crazily three times after having set up the innings and to make it look predictable is a perfect combination of skill, fitness and the right mental approach to ODI batting. You can be all amazed at how he manages to do it, but Rohit's reaction to it is typically relaxed. "That's my template, no?" he tends to ask. He remembers the innings clearly: reaching "50 off 70 balls", bringing up the hundred "near the 40th over", and then knowing that the bowlers can't get him out unless he makes a mistake. "That is my style of play," Rohit said. "You are set and seeing the ball nice and hard and you have understood what the bowlers are trying to do by then, and it's all about trying to play with the field once you get past 100. It's all about you not making a mistake and getting out. I am not saying it's impossible or difficult, but it's very unlikely the bowlers are going to get you out once you have scored a hundred. "So it was all about me not making a mistake and batting as long as possible. That's what I did. There is no secret or formula to it. You just have to bat and not make any mistake. The ground is good, the pitch is nice and hard, so you can trust the bounce and play the shots."


What according to Rohit Sharma is the secret or formula to hit centuries consistently on the ground?

A) To check the pitch before starting to play B) To have got bat to play with
C) Not to panic on the field D) No secret at all
 
Answer & Explanation Answer: D) No secret at all

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Q:

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


It was for long the insurmountable peak for ODI batting, but one man might now have a template to score ODI double-centuries again and again. In Bengaluru, against Australia in 2013, Rohit Sharma reached 20 off 35th ball, 50 off the 71st, and the hundred in the 38th over of the innings. In Kolkata, against Sri Lanka in 2014, he was nearly caught for 4 off the 17th ball he faced, reached his 20th run off the 35th ball, but accelerated slightly earlier to bring up his century in the 32nd over of the innings. On a cold mid-week afternoon in Mohali this season, he was even slower to start, reaching 20 off 37 balls, 50 off 65 balls, and bringing up the hundred only in the 40th over. All three were ODI doubles. One time can be a charm, but to accelerate so crazily three times after having set up the innings and to make it look predictable is a perfect combination of skill, fitness and the right mental approach to ODI batting. You can be all amazed at how he manages to do it, but Rohit's reaction to it is typically relaxed. "That's my template, no?" he tends to ask. He remembers the innings clearly: reaching "50 off 70 balls", bringing up the hundred "near the 40th over", and then knowing that the bowlers can't get him out unless he makes a mistake. "That is my style of play," Rohit said. "You are set and seeing the ball nice and hard and you have understood what the bowlers are trying to do by then, and it's all about trying to play with the field once you get past 100. It's all about you not making a mistake and getting out. I am not saying it's impossible or difficult, but it's very unlikely the bowlers are going to get you out once you have scored a hundred. "So it was all about me not making a mistake and batting as long as possible. That's what I did. There is no secret or formula to it. You just have to bat and not make any mistake. The ground is good, the pitch is nice and hard, so you can trust the bounce and play the shots."


What does Rohit thinks of being bowled out after scoring a hundred in a match?

A) Bowlers become less enthusiastic to bowl out a batsman who has scored a hundred B) They become so aggressive to bowl the batsman as soon as possible
C) The remaining overs are then bowled by the part time bowlers D) Bowlers are very less likely to bowl you out then
 
Answer & Explanation Answer: D) Bowlers are very less likely to bowl you out then

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Q:

Read the following passage carefully and choose the most appropriate answer to the question out of the four alternatives.


Implanting standards, right values, the science of good and evil are an essential part of education. Many forces thwart this to work, but two of the most serious hindrances to it are examinations and specialization. The examination system is both an opiate and a poison. It is an opiate because it lulls Man into believing that all is well when most is ill. It is a poison because it paralyses or at least slows down the natural activities of the healthy mind. Man finds himself a creature of unknown capacities in an unknown world, wants to learn what the world is like, what he should be and do in it. To help him in answering these questions is the one and only purpose of education. However, tests of progress are useful and necessary. Examinations are harmless when the examinee is indifferent to their result, but as soon as they matter, they begin to distort his attitude to education and to conceal its purpose. For disinterestedness is the essence of all good education and liberal education is impossible without it.

 

The examination system is an opiate because

A) It paralyses the mind. B) it lulls Man into believing that all is well when it is not.
C) It slows the natural actvities of Man. D) It makes Man lazy
 
Answer & Explanation Answer: B) it lulls Man into believing that all is well when it is not.

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Q:

The relation between the consumer’s optimal choice of the quantity of a good and its price is very important and this relation is called the ________ function.

A) Price B) Substitution
C) Supply D) Demand
 
Answer & Explanation Answer: D) Demand

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Q:

In a Parliamentary form of Government ___________

A) The Legislature is responsible to the Judiciary B) The Executive is responsible to the Legislature.
C) The Legislature is responsible to the Executive D) The Judiciary is responsible to the Legislature
 
Answer & Explanation Answer: B) The Executive is responsible to the Legislature.

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Q:

Which among the following is an example of micro-economic variable?

A) National Income B) Aggregate Supply
C) Employment D) Consumer's Equilibrium
 
Answer & Explanation Answer: D) Consumer's Equilibrium

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