Questions

Q:

Which company has signed an agreement with UNESCO to launch virtual reality content and 360 degree videos on Indian heritage sites?

 

A) Nokia B) Sunstar
C) Samsung D) Amazon
 
Answer & Explanation Answer: C) Samsung

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Q:

In the following question, the sentence given with blank to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it by selecting the appropriate option.

 

Lateral thinking method is ______ with creation of new ideas that is a procedure and readiness to look at things in a diverse approach.

 

A) regressive B) neoconservative
C) aggressive D) apprehensive
 
Answer & Explanation Answer: D) apprehensive

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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'.

 

Our government has decided to strengthen the (1)/ States’ capacity to move away from a already (2)/ obsolete ‘one-size-fits-all’ approach. (3)/ No error. (4)

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

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Q:

The Chief Minister of which state was, in October 2017, honoured with the Golden Peacock Award under the category 'Global Leadership in Public Service and Economic Transformation?

A) Bihar B) Telangana
C) Andhra Pradesh D) West Bengal
 
Answer & Explanation Answer: C) Andhra Pradesh

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Q:

__________ says that if we keep increasing the employment of an input, with other inputs fixed, eventually a point will be reached after which the resulting addition to output (i.e., marginal product of that input) will start falling.

A) Law of diminishing marginal product B) Law of variable proportions
C) The Short Run D) The Long Run
 
Answer & Explanation Answer: A) Law of diminishing marginal product

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Q:

­ Inflation exists when

A) there is general increase in the prices over time. B) there are periodic decreases in the price level.
C) there are continuous increases in the output level over time. D) there is rise in the purchasing value of money.
 
Answer & Explanation Answer: A) there is general increase in the prices over time.

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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:

The ________ curve represents the demand of all consumers in the market taken together at different levels of the price of the good.

A) monotonic B) indifferent
C) market demand D) diminishing
 
Answer & Explanation Answer: C) market demand

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