Questions

Q:

On 5 January 2018, Lok Sabha passed High Court and Supreme Court Judges (Salaries and Conditions of Service) Amendment Bill, 2017. The Bill seeks to amend ______

A) High Court Judges (Salaries and Conditions of Service) Act, 1954   B) High Court Judges (Salaries and Conditions of Service) Act, 1964  
C) High Court Judges (Salaries and Conditions of Service) Act, 1975   D) High Court Judges (Salaries and Conditions of Service) Act, 1980  
 
Answer & Explanation Answer: A) High Court Judges (Salaries and Conditions of Service) Act, 1954  

Explanation:
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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Which  of  the  following  statements  about the  Trans-Pacific  Partnership  (TPP)  is  /are correct?

1.The  TPP  was  signed  by  12  Pacific  Rim nations in the year 2015.

2.The TPP is likely to be a game-changer in  global  trade  as  member  countries account  for  about  40  percent  of  global GDP.

3.India is a founder member of TPP.

Select  the  correct  answer  using  the  code given below.

A) 1, 2 and 3 B) 1 and 2 only
C) 2 and 3 only D) 1 only
 
Answer & Explanation Answer: B) 1 and 2 only

Explanation:

3  is  incorrect,  as  India  is  not  a member of TPP

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Filed Under: General Awareness
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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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Filed Under: Indian Economy
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Q:

If for the year a country's GDP was $990 million, consumer spending was $630 million, investment by businesses was $110 million, exports were $55 million and imports were $45 million, calculate government spending?

A) $260 million B) $240 million
C) $480 million D) $460 million
 
Answer & Explanation Answer: B) $240 million

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Filed Under: Indian Economy
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Q:

What is the number of atoms constituting a molecule known as?

A) Atomicity B) Atomic mass
C) Atomic number D) Isotopes
 
Answer & Explanation Answer: A) Atomicity

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Filed Under: Chemistry
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Q:

Which of the following is the main thinking part of the human brain?

A) Hind-brain B) Cerebellum
C) Mid-brain D) Fore-brain
 
Answer & Explanation Answer: D) Fore-brain

Explanation:
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Filed Under: Biology
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Q:

A manufacturer faces price elasticity of demand of a -2 for its product. If it lowers its price by 5%, the increase in quantity sold will be

A) 3% B) 10%
C) 2.50% D) 7%
 
Answer & Explanation Answer: B) 10%

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Filed Under: Indian Economy
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Q:

__________ resources are those resources whose quantity is known.

A) Natural resources B) Actual resources
C) Potential resources D) Abiotic resources
 
Answer & Explanation Answer: B) Actual resources

Explanation:
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Filed Under: Indian Economy
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