Questions

Q:

In economics secondary effects refer to the

A)  best alternative that must be forgone as the result of a choice. B) immediate and visible intended consequences of a change.
C) impact of the scarcity of resources on the scarcity of the goods that are produced with those resources. D) unintended consequences of a change that are not immediately identifiable but are felt only with time.
 
Answer & Explanation Answer: B) immediate and visible intended consequences of a change.

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Q:

The goal of expansionary fiscal policy is to increase

A) Unemployment B) The price level
C) Aggregate supply D) Real GDP
 
Answer & Explanation Answer: D) Real GDP

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Q:

BREXIT  refers  to  the  Great  Britain  leaving which one of the following?

A) International Monetary Fund B) Common wealth
C) World Trade Organization D) European Union
 
Answer & Explanation Answer: D) European Union

Explanation:

Brexit is the withdrawal of the United Kingdom from the European Union. In a referendum  on  23  June  2016, 51.9%    of    the    participating UK electorate voted  to  leave  the  EU, out of a turnout of 72.2%.

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Q:

What is the minimum age for getting elected to the Lok Sabha?

A) 18 B) 21
C) 16 D) 25
 
Answer & Explanation Answer: D) 25

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Q:

Who propounded the homeopathic principle of 'like cures like'?

A) Hippocrates B) Samuel Hahnemann
C) Samuel Cockburn D) George Vithoulkas
 
Answer & Explanation Answer: B) Samuel Hahnemann

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Q:

Which of the following statements with regard to the conduct of elections in India is/are notcorrect?1.The responsibility for the preparation of the electoral rolls is vested in the Election Commission of India.2.The model Code of Conduct comes into existence as soon as the date of the election is announced.3.The laws relating to delimitation of constituencies are made by the Election Commission of India.4.No election shall be called in question except by an election petition.Select the correct answer using the code given below.

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

Explanation:

The laws relating to the delimitation of constituencies are made by the Parliament.The Model Code of Conduct comes into force immediately on announcement of the election schedule by the commission.

 

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Q:

Which country has replaced Saudi Arabia for the first time to become India's top crude oil supplier in the current fiscal year?

A) Iran B) Iraq
C) UAE D) USA
 
Answer & Explanation Answer: B) Iraq

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Q:

The latest issued bank notes in the denomination of Rs. 50 by RBI have what motif on their reverse side?

A) Sanchi Stupa B) Red Fort
C) Mangalyaan D) Stone Chariot of Hampi
 
Answer & Explanation Answer: D) Stone Chariot of Hampi

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