Questions

Q:

Which of the following Prime Ministers was awarded Bharat Ratna?

A) V.P.Singh B) Morarji Desai
C) Charan Singh D) Manmohan Singh
 
Answer & Explanation Answer: B) Morarji Desai

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Filed Under: Honours and Awards
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Q:

The Shanti Swarup Bhatnagar Prize is annually awarded for outstanding achievement in which area?

A) Science and Technology B) Indian Classical Music
C) Tribal Art Forms D) Literature
 
Answer & Explanation Answer: A) Science and Technology

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Q:

In January 2018, Aziz Ansari became the first Indian-American and first Asian to win a Golden Globe award for which comedy series?

 

A) Parent Trap B) Running North
C) Master of None D) Gone with the wind
 
Answer & Explanation Answer: C) Master of None

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Q:

Reema wants to buy a certain designer party dress. The shop is offering a discount of 20% on that dress which is marked at Rs 5000. If Reema was willing to pay even Rs 7000 for that dress, Reema's consumer surplus is

A) Rs 3000 B) Rs 2000
C) Rs 1000 D) Rs 7000
 
Answer & Explanation Answer: A) Rs 3000

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Filed Under: Indian Economy
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Q:

If quantity of a good demanded increases from 200 to 250 then the average income of the population increases from Rs 20,000 to Rs 30,000, find Arc Income elasticity of demand?

A) 1.45 B) 0.55
C) 2 D)  1.25
 
Answer & Explanation Answer: B) 0.55

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Q:

In the last one decade, which one among the following sectors has attracted the highest foreign direct investment inflows into India?

A) Food processing B) Petro-chemical
C) Chemicals other than fertilizers D) Telecommunications
 
Answer & Explanation Answer: D) Telecommunications

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Q:

Which is the most important factor that determines whether advertising by manufacturing sector will lead to higher sales?

A) Demand is elastic B) Demand is inelastic
C) The product can be differentiated D) The product can be homogenous.
 
Answer & Explanation Answer: C) The product can be differentiated

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Q:

On 25 October 2017, government announced a recapitalisation plan for state-owned banks. How much amount was announced for Banks’ recapitalisation?

 

A) Rs 3.11 lakh crore B) Rs 5.1 lakh crore
C) Rs 2.11 lakh crore D) Rs 7 lakh crore
 
Answer & Explanation Answer: C) Rs 2.11 lakh crore

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