Questions

Q:

In general, elasticity is a measure of

A) how firms' profits respond to changes in market prices.  B) the extent to which advances in technology are adopted by producers.
C) how much buyers and sellers respond to changes in market conditions. D) the extent to which a market is competitive. 
 
Answer & Explanation Answer: C) how much buyers and sellers respond to changes in market conditions.

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Filed Under: Indian Economy
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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 reason for (1)/ his failure is because (2)/ he didn't study at all. (3)/ No Error (4)

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

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Q:

Which Indian actor-turned-politician won the 2017 Filmfare Lifetime Achievement Award?

A) Shatrughan Sinha B) Dharmendra
C) Amitabh Bachchan D) Vinod Khanna
 
Answer & Explanation Answer: A) Shatrughan Sinha

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Filed Under: Honours and Awards
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Q:

In the following question, select the odd word pair from the given alternatives.

A) Crop – Rice B) Crop – Rubber
C) Crop – Wheat D) Crop – Bajra
 
Answer & Explanation Answer: B) Crop – Rubber

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Q:

Which of the following was the winner of the Grammy Awards 2016 "Country Song of the Year"?

A) Chances Are B) Girl Crush
C) Hold My Hand D) Traveller
 
Answer & Explanation Answer: B) Girl Crush

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Q:

The Swadeshi Boycott Movement is related to

A) Partition of Bengal in 1947 B) Partition of Bengal in 1905
C) Non cooperation movement in 1921 D) Partition of Punjab in 1947
 
Answer & Explanation Answer: B) Partition of Bengal in 1905

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Filed Under: Indian History
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Q:

IMF has predicted that the global economy would grow at _______ % in 2017.

A) 5.5 B) 4.5
C) 3.5 D) 2.5
 
Answer & Explanation Answer: C) 3.5

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Q:

In a centrally planned economy, the ____________ plans all the important activities in the economy.

A) Industrialists B) Citizens
C) Government D) Judiciary
 
Answer & Explanation Answer: C) Government

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