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Q:

In terms of economics, if it is possible to make someone better­off without making someone worse­off, then the situation is

A) Inefficient B) Efficient
C) Optimal D) Pareto­superior
 
Answer & Explanation Answer: D) Pareto­superior

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Filed Under: Indian Economy
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Q:

When the productive capacity of the economic system of state is inadequate to create sufficient number of jobs, it is called _______

A) seasonal unemployment B) structural unemployment  
C) disguised unemployment   D) cyclical unemployment
 
Answer & Explanation Answer: D) cyclical unemployment

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Q:

Stagflation is defined as

A) low inflation, low growth, low unemployment B) high inflation, low growth, high unemployment
C) high inflation, high growth, high unemployment D) low inflation, high growth, low unemployment
 
Answer & Explanation Answer: B) high inflation, low growth, high unemployment

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Q:

If a person's income increases from Rs 20 lakhs per year to Rs 24 lakhs per year and tax increases from Rs 3,50,000 to Rs 4,00,000 the marginal tax rate is

A) 8 percent B) 12.5 percent
C) 10 percent D) 15 percent
 
Answer & Explanation Answer: B) 12.5 percent

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Q:

Which was the capital of the first Sri Lankan kingdom?

A) Jaffna B) Polonnaruwa
C) Anuradhapura D) Kandy
 
Answer & Explanation Answer: C) Anuradhapura

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Filed Under: Indian History
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Q:

Which of the following is not an agency ofUN?

A) World Bank B) International Atomic Energy Agency
C) Universal Postal Union D) None of the above
 
Answer & Explanation Answer: B) International Atomic Energy Agency

Explanation:

International Atomic Energy Agency. The International Atomic Energy Agency (IAEA) is an international organization that seeks to promote the peaceful use of nuclear energy.

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Q:

Who is the Bengali writer who won the 31st Moortidevi Award for the year 2017?

A) Joy Goswami B) Taslima Nasreen
C) Subhro Bandhopadhyay D) Baby Halder
 
Answer & Explanation Answer: A) Joy Goswami

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Q:

______________ was a philosopher and theologian from India during early 8th century who consolidated the doctrine of Advaita Vedanta.

A) Adi Shankara B) Dyaneshwar
C) Eknath D) Madhvacharya
 
Answer & Explanation Answer: A) Adi Shankara

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