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Q:

As per the data released by the Income­Tax Department in December 2017, how much percent of total population paid income tax in the assessment year 2015­16?

A) 1.7 B) 5.7
C) 9.7 D) 11.7
 
Answer & Explanation Answer: A) 1.7

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Q:

Who is the only Indian economist to have won the Nobel prize?

A) Avinash Dixit B) Amit Mishra
C) Amartya Sen D) Abhijit Banerjee
 
Answer & Explanation Answer: C) Amartya Sen

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Q:

In which of the following case, law of demand fails?

A) Giffen goods B) Normal goods
C) Inferior goods D) Both Giffen and Inferior goods
 
Answer & Explanation Answer: A) Giffen goods

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Q:

India was able to achieve the fiscal deficit target for the Financial Year 2016-17. It was how much percent of GDP?

A) 3.50% B) 4.20%
C) 3.00% D) 2.50%
 
Answer & Explanation Answer: A) 3.50%

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Q:

If price of an article decreases from Rs 80 to Rs 60, quantity demanded increases from 600 units to 750 units. Find point elasticity of demand?

A) -1 B) 1
C) -1.25 D) 1.25
 
Answer & Explanation Answer: A) -1

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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select 'No Error'.
Grandfather led (1)/a peaceful life after his (2)/retirement from the army.(3)/No Error (4)

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: D) 4

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Filed Under: English
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Q:

In the following question, out of the given four alternatives, select the one which is opposite in meaning of the given word.

 

Adjure

 

A) Order   B) Require  
C) Advise   D) Disclaim
 
Answer & Explanation Answer: D) Disclaim

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Q:

A solar eclipse occurs when

A) moon comes in the middle of sun and earth B) sun comes in the middle of moon and earth
C) earth comes in the middle of moon and sun D) All of the above
 
Answer & Explanation Answer: A) moon comes in the middle of sun and earth

Explanation:

A solar eclipse happens when the moon gets in the way of the sun's light and casts its shadow on Earth. Solar eclipses happen when the New Moon comes between the Sun and Earth and blocks out the Sun's rays.

 

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