Questions

Q:

"Sunrise Industries” are industries _____________

A) which are well developed and have ample scope for further development   B) which improve export performance of the country  
C) which small-scale industries   D) which have high growth potential and meet further requirements of the economy  
 
Answer & Explanation Answer: D) which have high growth potential and meet further requirements of the economy  

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Q:

Goods for which demand move in the opposite direction of the income of the consumer are called?

A) Inferior goods B) Normal goods
C) Complementary goods D) Substitute goods
 
Answer & Explanation Answer: A) Inferior goods

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Q:

Calculate a country's GDP if for the year, consumer spending is $400 million, government spending is $150 million, investment by businesses is $80 million, exports are $35 million and imports are $40 million.

A) $625 million B) $465 million
C) $475 million D) $635 million
 
Answer & Explanation Answer: A) $625 million

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Q:

A price floor is _____.

A) a maximum legal price B) a minimum legal price
C) the price where demand equals supply D) the price where elasticity of demand equals elasticity of supply
 
Answer & Explanation Answer: B) a minimum legal price

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Q:

Rate of the growth of an economy is measured in terms of

A) National income B) Monthly family income
C) Number of people who have been lifted above the poverty line D) Industrial Development
 
Answer & Explanation Answer: A) National income

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Q:

Dominic Ongwen, who was convicted by the International Criminal Court (ICC) for war crimes, is from which country?

A) Uganda B) Sudan
C) Iraq D) Nigeria
 
Answer & Explanation Answer: A) Uganda

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Filed Under: General Awareness
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Q:

'Akash' developed by DRDO is

A) A surface-to-air missile system B) A surface-to-surface missile system
C) A air-to-surface missile system D) Not a missile system
 
Answer & Explanation Answer: A) A surface-to-air missile system

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Filed Under: General Science
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Q:

How many constellations have been named?

A) 88 B) 99
C) 90 D) 87
 
Answer & Explanation Answer: A) 88

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Filed Under: General Science
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