Questions

Q:

What is true about economic resources?

A) Economic resources are limited. B) Economic resources are always controlled by the government.
C) Economic resources include only money. D) Economic resources exist only at the individual level.
 
Answer & Explanation Answer: A) Economic resources are limited.

Explanation:

Economic resources are those goods and services that can be converted into valuable products for individual and business purposes.

There are four major types of economic resources:

1. land,

2. labor,

3. capital and

4. entrepreneurship.

 

Land and labor are natural and human resources, while capital means physical resources or money.

Entrepreneurship converts these resources into usable goods.

 

However, resources have finite values, and proper utilization depends on economic systems and economic decisions.

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Q:

Which is the best definition of Federalism?

A) Federalism encourages the practice of direct democracy at the state level rather than the national level. B) The quality of federal supremacy in government.
C) A happy combination of mixed government. D) Federalism enables the state and the national government to share power.
 
Answer & Explanation Answer: D) Federalism enables the state and the national government to share power.

Explanation:

Federalism ::

Federalism is a system based upon democratic rules and institutions in which the power to govern is shared between national and provincial/state governments, creating what is often called a federation.

 

Federalism is a political concept in which a group of members are bound together with a governing representative head. 

Federalism enables the state and the national government to share power.

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Q:

Majuli, the largest river island in the world is located in which state of India?

A) Tripura B) Nagaland
C) Assam D) Manipur
 
Answer & Explanation Answer: C) Assam

Explanation:

Majuli or Majoli is a river island in the Brahmaputra River, Assam and in 2016 it became the first island to be made a district in India.

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Q:

Which metal is the best conductor of heat?

A) Silver B) Gold
C) Copper D) All of the above
 
Answer & Explanation Answer: D) All of the above

Explanation:

Silver is the best conductor of both heat and electricity among metals with a thermal conduction value of about 430 W/(mK).

Gold and copper both come respectably close to silver.

 

Copper being significantly less costly it is often chosen over silver in many applications.

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Q:

Who was appointed as NASSCOM chairman in April 2017 ?

A) C P. Gurnani B) Raman Roy
C) Smt. Singha D) None
 
Answer & Explanation Answer: B) Raman Roy

Explanation:

The National Association of Software and Services Companies (Nasscom) appointed Raman Roy (Managing Director of Quatrro Global Services) as its chairman for 2017-2018.

 Rishad Premji (Chief Strategy Officer (CSO), Wipro Limited) has been appointed Vice Chairman. Raman Roy has replaced Mr. CP Gurnani.

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Q:

The Reserve Bank of India has imposed a penalty of Rs 5 crore on which of the following banks for non-compliance of its directives?

A) Karur Vysya Bank B) HDFC Bank
C) Kotak Mahindra Bank D) Yes Bank
 
Answer & Explanation Answer: A) Karur Vysya Bank

Explanation:

The Reserve Bank of India has imposed a penalty of Rs 5 crore on Karur Vysya Bank for non-compliance of its directives on Income Recognition and Asset Classification (IRAC).

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Q:

Which IRQ does the system timer commonly use?

A) IRQ 1 B) IRQ 0
C) IRQ 3 D) IRQ 4
 
Answer & Explanation Answer: B) IRQ 0

Explanation:

IRQ-0 is the system timer commonly use in all computers. In a computer, IRQ is an interrupt request which acts as a hardware signal sent to the processor that temporarily stops a running program and allows a special program, an interrupt handler, to run instead.

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Q:

The current atomic model would be revised if 

A) better microscopes are invented in the future B) a new element is discovered in the future
C) better microscopes were being used to study its structure D) new information about an atoms structure is discovered
 
Answer & Explanation Answer: D) new information about an atoms structure is discovered

Explanation:
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