Q:

Who won the EY Entrepreneur of the Year 2018?

A) Sushil Chandra	B) Sunil Arora
C) Siddhartha Lal	D) None of the above

Answer & Explanation Answer: C) Siddhartha Lal

Explanation:

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Q:

Which state govt announces "Mukhyamantri Parivar Samman Nidhi" scheme?

A) Karnataka	B) Tamil Nadu
C) Gujarat	D) Haryana

Answer & Explanation Answer: D) Haryana

Explanation:

Haryana state govt announces "Mukhyamantri Parivar Samman Nidhi" scheme.

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Q:

The magnitude of buoyant force depends on the .......... of the fluid.

A) mass	B) temperature
C) volume	D) density

Answer & Explanation Answer: D) density

Explanation:

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Q:

During the motion of a projectile fired from the earth surface, _______

A) its kinetic energy remains constant	B) its momentum remains constant
C) vertical component of its velocity remains constant	D) horizontal component of its velocity remains constant

Answer & Explanation Answer: D) horizontal component of its velocity remains constant

Explanation:

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Q:

Who is the current Chairman of Indian Space Research Organisation(ISRO)?

A) Kailasavadivoo Sivan	B) G. Satheesh Reddy
C) A. S. Kiran Kumar	D) K. Radhakrishnan

Answer & Explanation Answer: A) Kailasavadivoo Sivan

Explanation:

The current Chairman of Indian Space Research Organisation(ISRO) is Kailasavadivoo Sivan.

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Q:

Which year was declared as the National Mathematical Year as a tribute to Mathematician Srinivasa Ramanujan?

A) 2012	B) 2013
C) 2011	D) 2010

Answer & Explanation Answer: A) 2012

Explanation:

Dr Manmohan Singh also announced that the year 2012 would be celebrated as the National Mathematics Year. The Indian mathematical genius Srinivasa Ramanujan was born on 22 December 1887 and died on 26 April 1920.

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Q:

What is the Currency of Qatar?

A) Riyal	B) kwanza
C) Nuevo Sol	D) Peso

Answer & Explanation Answer: A) Riyal

Explanation:

Currency of Qatar -RiyalCurrency of Angola -kwanzaCurrency of Peru –Nuevo SolCurrency of Philippines –PesoCurrency of Iraq –Dinar

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Q:

Demand side market failures occur when

A) supply curves do not reflect the full cost of producing a good or services	B) demand curves do not reflect consumer’s full willingness to pay for goods or services
C) government imposes tax on a good or a service	D) a good or service is not produced because no one demands it

Answer & Explanation Answer: B) demand curves do not reflect consumer’s full willingness to pay for goods or services

Explanation:

Market failure arises because it is not possible for the market to correctly weight cost and benefits in a situation in which some of the cost is completely unaccounted.

Demand-side market failures happen when demand curves do not reflect consumer’s full willingness to pay for goods or services.

Supply-side market failures occur when supply curves do not reflect the full cost of producing a good or services.

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