Questions

Q:

The permanent secretariat of OIC is located in

A) Makkah B) Riyadh 
C) Jeddah D) Madina
 
Answer & Explanation Answer: C) Jeddah

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Filed Under: World Geography
Exam Prep: Bank Exams

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Q:

Which is the political party started by Telugu film actor Chiranjeevi, who later merged it with the Indian National Congress?

A) Nava Nirman Party B) Andhra Pride Party
C) Telugu Desam Party D) Praja Rajyam Party
 
Answer & Explanation Answer: D) Praja Rajyam Party

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Filed Under: Indian Politics
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Q:

Which of the following Cryptocurrency Dealers launched India’s first mobile ‘Bitcoin trading' app for transacting in virtual currencies?

A) EtherDelta Exchange B) BitFin Exchange
C) Venus Exchange D) Pluto Exchange
 
Answer & Explanation Answer: D) Pluto Exchange

Explanation:

Pluto Exchange, a Dubai-based Cryptocurrency Dealer has launched the India’s first mobile ‘Bitcoin trading app’ fortransacting in virtual currencies. Users of Pluto Exchange’s app will be able to buy, sell, store and spend bitcoins via mobile number using four-digit Personal Identification Number (PIN).

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Filed Under: General Awareness

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Q:

Which one of the following statements in respect of the States of India is not correct?

A) States in India cannot have their own Constitutions. B) The State of Jammu and Kashmir has its own Constitution.
C) States in India do not have the right to secede from the Union of India. D) The maximum number of members in the Council of Ministers of Delhi can be 15 percent of the total number of members in the Legislative Assembly.
 
Answer & Explanation Answer: B) The State of Jammu and Kashmir has its own Constitution.

Explanation:

There shall be a Council of Ministers consisting of not more than ten per cent (a special provision for Delhi as against the 15 percent clause under 91st Amendment Act)of the total number of members in the Legislative Assembly, with the Chief Minister at the head to aid and advise the Lieutenant Governor in the exercise of his functions in relation to matters with respect to which the Legislative Assembly has power to make laws.

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Filed Under: Indian Politics
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Q:

In which market form, a market or an industry is dominated by a single seller?

A) Oligopoly B) Monopoly
C) Duopoly D) Monopolistic Competition
 
Answer & Explanation Answer: B) Monopoly

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Filed Under: Indian Economy
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Q:

Lorenz curve shows

A) Inflation B) Unemployment
C) Income distribution D) Poverty
 
Answer & Explanation Answer: C) Income distribution

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Filed Under: Indian Economy
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Q:

In economic equilibrium _____

A) supply is equal to the demand. B) the surplus is larger than the shortage.
C) elasticity of demand equals elasticity of supply D) price elasticity of demand is unity
 
Answer & Explanation Answer: A) supply is equal to the demand.

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Filed Under: Indian Economy
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Q:

Name the Russian chemist who stated that the properties of elements are a periodic function of their atomic masses?

A) Markovnikov B) Zelinsky
C) Mendeleev D) Zaitsev
 
Answer & Explanation Answer: C) Mendeleev

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Filed Under: Chemistry
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