Questions

Q:

The Land Ports Authority of India works under which Union Ministry?

A) Ministry of Jal Shakti B) Ministry of External Affairs
C) Ministry of Ports Shipping and waterways D) Ministry of Home Affairs
 
Answer & Explanation Answer: D) Ministry of Home Affairs

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Q:

Prohibition of discrimination on grounds of religion, race, caste, sex or place of birth comes under which category of Fundamental Rights in Indian Constitution?

 

A) Right to Freedom B) Right to Constitutional Remedies
C) Right to Equality D) Right to Freedom of Religion
 
Answer & Explanation Answer: C) Right to Equality

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Q:

Unemployment is an example of which of the following?

A) interest risk B) inflation risk
C) personal risk D) income risk
 
Answer & Explanation Answer: D) income risk

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Filed Under: Indian Economy
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Q:

Which  one  of  the  following  with  regard  to Aridisol,  one  of  the  soil  orders,  is not correct?

A) Lack  of  water  for  plants during  most part of the years B) High organic matter
C) Large  accumulation  of  carbonates  at depth D) Absence of deep wide cracks
 
Answer & Explanation Answer: B) High organic matter

Explanation:

All  are  correct  except  B  as  Aridisol is just like sand like soil as in Arid region  e.g.  In  Rajasthan,  so  there will be very less amount of organic matter.

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Q:

Price elasticity of demand is generally

A) tends to be smaller in the short run than in the long run. B) tends to be smaller in the long run than in the short run.
C) tends to be unrelated to the length of time. D) tends to be larger in the short run than in the long run.
 
Answer & Explanation Answer: A) tends to be smaller in the short run than in the long run.

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Q:

Article 36 to Article 51 of Indian Constitutional mainly deals with Directive Principles of State Policy, given in ______ of Indian Constitution.

 

A) Part II B) Part III
C) Part IV D) Part V
 
Answer & Explanation Answer: C) Part IV

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Q:

IRDAI has given its approval to LIC for the stake purchase, that will help get a capital support of Rs 10,000- 13,000 crore in which of the following state-owned banks?

A) Union Bank of India B) IDBI Bank
C) United Bank of India D) Indian Bank
 
Answer & Explanation Answer: B) IDBI Bank

Explanation:

Life Insurance Corporation of India is all set to become a knight in shining armour for the ailing IDBI Bank. In a first-of-its-kind transaction, the Insurance Regulatory and Development Authority of India (IRDAI) has approved a proposal allowing the former to acquire a majority stake in the bank.

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Q:

Which team won the 2016 Champions Trophy Women's Hockey tournament defeating Netherlands in the finals in London?

 

A) Australia B) Argentina
C) India D) China
 
Answer & Explanation Answer: B) Argentina

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