Q:

What is the name of the scheme for the Employees State Insurance Corporation (ESIC) beneficiaries launched in Delhi region?

A) Sakushal Humesha	B) Kahin bhi kabhi bhi
C) Jeevan Arogya	D) Shramik Kalyan

Answer & Explanation Answer: B) Kahin bhi kabhi bhi

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Q:

Who is the current chairman of All India Council for Technical Education (AICTE)?

A) Anil Sahasrabudhe	B) Najma Heptulla
C) Pritam Singh	D) Srikant Datar

Answer & Explanation Answer: A) Anil Sahasrabudhe

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Q:

The political system in Afghanistan is known as

A) Islamic State of Afghanistan	B) Islamic Republic of Afghanistan
C) Islamic Emirate of Afghanistan	D) Islamic Government of Afghanistan

Answer & Explanation Answer: C) Islamic Emirate of Afghanistan

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Q:

In January 2018, SBI planned to raise some money via BASEL-III Bonds. What is the deadline to meet the BASEL-III requirements?

A) June 2018	B) December 2018
C) March 2019	D) June 2019

Answer & Explanation Answer: C) March 2019

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Q:

India became a member of which one of the following in 2016?

A) Non-Proliferation Treaty	B) Missile Technology Control Regime
C) Nuclear Suppliers Group	D) Wassenaar Arrangement

Answer & Explanation Answer: B) Missile Technology Control Regime

Explanation:

In a boost to its non-proliferation credentials, India joined the Missile Technology Control Regime (MTCR) at a ceremony in South Block. India’s MTCR membership would help in furtherance of international non-proliferation objectives, India would enjoy full participation in organisational activities, India had intensified efforts at gaining membership of the MTCR, the NSG, the Australia Group and Wassenaar Arrangement since getting a waiver at the NSG in 2008. Membership of these groups would help India trade more effectively in critical high-tech areas

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Q:

What of the following refers to hypotheses which are confirmed by varied tests?

A) Assumption	B) Theory
C) Answer	D) Opinion

Answer & Explanation Answer: B) Theory

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Q:

The change in the optimal quantity of a good when its price changes and the consumer’s income is adjusted so that she can just buy the bundle that she was buying before the price change is called?

A) Law of demand	B) Substitution effect
C) Problem of choice	D) Optimal choice

Answer & Explanation Answer: B) Substitution effect

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Q:

Which of the following best defines disposable income?

A) income received by households less personal taxes	B) the before-tax income received by households
C) all income earned by resource suppliers for their current contributions to production	D) the market value of the annual output net of consumption of fixed capital

Answer & Explanation Answer: A) income received by households less personal taxes

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