General Knowledge Questions

Q:

Which of the following will cause an increase in demand for a good?

A) an increase in income if the good is an inferior goods B) a decrease in the price of the goods
C) a decrease in income if the good is a normal goods D) an increase in the price of its substitute goods
 
Answer & Explanation Answer: D) an increase in the price of its substitute goods

Explanation:
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Q:

Which of the following statements is incorrect, if resources were unlimited?

A) there would still be scarcity and opportunity costs B) there would still be scarcity but no opportunity costs
C) there would be no scarcity, but there would be opportunity costs. D) there would neither be scarcity nor opportunity costs
 
Answer & Explanation Answer: C) there would be no scarcity, but there would be opportunity costs.

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Q:

National Organ Donation Day in India is observed on

A) November 25 B) November 26
C) November 27 D) November 28
 
Answer & Explanation Answer: C) November 27

Explanation:

National Organ Donation Day is annually observed across India on November 27 to recognize the selfless contribution made by deceased donors to healthcare.

 

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Q:

Monetary policy refers to the actions the Federal Reserve takes to manage

A) income tax rates and interest rates to pursue its economic objectives. B) government spending and income tax rates to pursue its economic objectives.
C) the money supply and income tax rates to pursue its economic objectives. D) the money supply and interest rates to pursue its economic objectives.
 
Answer & Explanation Answer: D) the money supply and interest rates to pursue its economic objectives.

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Q:

In October 2017, Insolvency and Bankruptcy Board of India (IBBI) relaxed norms for information utilities. Listed Indian companies can now hold ______ of the paid-up equity share capital or total voting power rights in such firms.

 

A) 80% B) 90%
C) 100% D) 50%
 
Answer & Explanation Answer: C) 100%

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Q:

Rupee 5 and 10 coins are now made of

A) Ferritic stainless steel B) Silver and steel
C) Cupro nickel alloy D) Copper and brass
 
Answer & Explanation Answer: C) Cupro nickel alloy

Explanation:

The copper nickel alloys composed of copper with 25% nickel with 0.05-0.4% manganese is commonly used for the manufacture of coins, medals and other semi valuable applications.

 

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Q:

Salt Satyagraha in Tamil Nadu was led by ____.

A) C. Rajagopalachari B) K. Kamaraj
C) Potti Sriramulu D) C. Subramaniam
 
Answer & Explanation Answer: A) C. Rajagopalachari

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Filed Under: Indian History
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Q:

In which of the following activities is work NOT done?

A) Ashwin is standing on the platform B) Ashwin is running
C) Ashwin is walking D) Ashwin is climbing a bus
 
Answer & Explanation Answer: A) Ashwin is standing on the platform

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