Questions

Q:

The Income elasticity demand for farm products is

A) High in India B) No demand at all
C) Very low in India D) High supply and no demand
 
Answer & Explanation Answer: C) Very low in India

Explanation:

Income easticity of demand measures the responsiveness of demand for any goods to changes in income. With increase in incomes generally the demand for farm products like rice wheat etc, will not change drastically. With income increase, demand for luxuries such as consumer durables etc will increase. The income elasticity  of demand for farm products is thus low.

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Filed Under: Indian Economy

5 3917
Q:

Lytton was selected as Viceroy to India to fullfill the ambitious plans of Disraeli in ________

A) Oudh B) Afghanistan
C) Bengal D) Burma
 
Answer & Explanation Answer: B) Afghanistan

Explanation:
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Filed Under: Indian History

2 3917
Q:

Which of the following village has won the 'WATER AWARD' an award instituted by Water Digest ?

A) Govardhan Eco Village B) Saranagati Eco Village
C) New Gokula D) New Gokul Farm
 
Answer & Explanation Answer: A) Govardhan Eco Village

Explanation:

The Govardhan Eco Village of International Society for Krishna Consciousness (ISKCON) at Wada taluka, has received an award instituted by Water Digest, a news portal on water management.

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Filed Under: Honours and Awards

4 3916
Q:

The 1911 Chinese revolution ended the rule of the

A) Ming dynasty B) Mongolians dynasty
C) Song dynasty D) Manchus dynasty
 
Answer & Explanation Answer: D) Manchus dynasty

Explanation:

It was the Qing Dynasty, who was a Manchu Dynasty whose rule ended in 1911 Chinese revolution.

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Filed Under: World History
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

1 3916
Q:

Which one of the following laws explain the formation of carbon monoxide and carbon dioxide from carbon and oxygen.......

A) Law of conservation of mass B) Law of multiple proportion
C) Law of reciprocal proportions D) Law of definite proportions
 
Answer & Explanation Answer: B) Law of multiple proportion

Explanation:
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Filed Under: Chemistry

4 3915
Q:

GST Council has decided to keep a total of ________ items in the 28% slab, which was earlier 227.

A) 125 B) 87
C) 100 D) 50
 
Answer & Explanation Answer: D) 50

Explanation:

The GST Council on Nov 10th 2017 cut tax rates of over 175 products that were in the highest tax slab of 28% under the Goods and Services Tax (GST) regime.  

Currently only 50 items have been left in the 28% category out of a total of 227 items that were present earlier.

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Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO , Software Architect

8 3914
Q:

What is the capital of Bhutan ?

A) Dhaka B) Thimphu
C) Tripoli D) Tokyo
 
Answer & Explanation Answer: B) Thimphu

Explanation:
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Filed Under: World Geography
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Bank Clerk , Bank PO

14 3913
Q:

The State Hermitage Museum is located in which country?

A) Moldova B) United State
C) France D) Russia
 
Answer & Explanation Answer: D) Russia

Explanation:
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Filed Under: Famous Places

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