Questions

Q:

Who is the author of "The Guest"?

A) Mohit Goyal B) Mitali Meelan
C) Ashwini Parashar D) Anand Neelakantan
 
Answer & Explanation Answer: B) Mitali Meelan

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Q:

Which Indian author in May 2016 won the prestigious 2016 Scholastic Asian Book Award for her work 'Codex : The Lost Treasure of the Indus' ?

A) Anita Desai B) Aditi Krishna Kumar
C) Rupa Iyer D) Preethi Nair
 
Answer & Explanation Answer: B) Aditi Krishna Kumar

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Q:

Chandrabhaga beach is located in which state?

A) Odisha B) Kerala
C) Chennai D) Gujarat
 
Answer & Explanation Answer: A) Odisha

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Q:

The number of days' sales uncollected is calculated by

A) Dividing accounts receivable by net sales and multiplying by 365. B) Dividing net sales by accounts receivable and multiplying by 365.
C) Dividing accounts receivable by net sales. D) Dividing net sales by accounts receivable.
 
Answer & Explanation Answer: A) Dividing accounts receivable by net sales and multiplying by 365.

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Q:

Which of the following best describes monetary policy?

A) Managing the economy by controlling the money supply B) Determining the design printed on the national currency
C) Regulating transactions in the currency exchange market D) Raising and lowering the foreign exchange rate
 
Answer & Explanation Answer: A) Managing the economy by controlling the money supply

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Q:

When the demand for a good increases with an increase in income, such a good is called_______

A) Superior good B) Giffin good
C) Inferior good D) Normal good
 
Answer & Explanation Answer: A) Superior good

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Q:

An increase in the growth rate of the nominal money supply results in

A) Lower rate of inflation B) Higher rate of inflation
C) Lower interest rates D) Currency appreciation
 
Answer & Explanation Answer: B) Higher rate of inflation

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Q:

The existence of a parallel economy (black money) ___________.

A) makes economy more competitive B) makes the monetary policies less effective
C) ensures a better distribution of income and wealth D) ensures increasing productive investment
 
Answer & Explanation Answer: B) makes the monetary policies less effective

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