Questions

Q:

India's current finance minister Arun Jaitley is a Rajya Sabha member from which state?

A) Uttar Pradesh B) Haryana
C) Punjab D) Gujarat
 
Answer & Explanation Answer: D) Gujarat

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Q:

Indian Government is hopeful of bringing at least one crore subscribers by March 2018 under the Atal Pension Yojana (APY). What is the age limit for APY?

 

A) 21 to 60 years B) 18 to 40 years
C) 18 to 45 years D) 21 to 70 years
 
Answer & Explanation Answer: B) 18 to 40 years

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Q:

Which of the following taxes is levied by the State Government only?

A) Wealth tax B) Entertainment tax
C) Income tax D) Gift tax
 
Answer & Explanation Answer: B) Entertainment tax

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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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Q:

Cholesterol is synthesized by the body mainly in the

A) small intestine B) liver
C) large intestine D) abdomen
 
Answer & Explanation Answer: B) liver

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Q:

Identify an example of a connective tissue in humans.

A) Fibres B) Bone
C) Muscles D) Cell
 
Answer & Explanation Answer: B) Bone

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Q:

What does 'C' stands for 'CAGR', a business specific term for the geometric progression ratio that provides a constant rate over the specific time period?

A) Control B) Compound
C) Credit D) Call
 
Answer & Explanation Answer: B) Compound

Explanation:

CAGR stands for Compound Annual Growth Rate. So, C stands for Compound. Compound annual growth rate (CAGR) is a business and investing specific term for the geometric progression ratio that provides a constant rate of return over the time period.

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Q:

If cash reserve ratio decreases, credit creation will _______.

A) increase B) decrease
C) does not change D) first decreases than increases
 
Answer & Explanation Answer: A) increase

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