Questions

Q:

Economics assumes that

A) people have unlimited desires but limited resources B) people have limited desires but unlimited resources
C) allocation of resources if not centrally planned will cause inefficiency D) people are emotional and make irrational decisions
 
Answer & Explanation Answer: A) people have unlimited desires but limited resources

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Filed Under: Indian Economy
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Q:

Calculate the economic profit for a firm if it's total revenues are Rs. 35 crores, explicit costs are Rs. 7 crores, and implicit costs are Rs. 10 crores.

A) Rs. 32 crores B) Rs. 52 crores
C) Rs. 18 crores D) Rs. 38 crores
 
Answer & Explanation Answer: C) Rs. 18 crores

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Filed Under: Indian Economy
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Q:

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

 

Business is for profits and the spirit of __________________ and driving high performance are encouraged in a ______________ environment. Also, in a democratic country like India, perceived _______________ in the distribution of earnings or wealth is crucial to hold the fabric of its society, be it the citizens __________ the country or employees of a corporation. The evolution of compensation practices in India over the ____________ five decades demonstrates the changes that have taken place.

 

be it the citizens __________ the country

 

A) from B) for
C) off D) of
 
Answer & Explanation Answer: D) of

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Filed Under: English
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Q:

The capacity to do work is called

A) Pressure B) Force
C) Power D) Energy
 
Answer & Explanation Answer: D) Energy

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Filed Under: Physics
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Q:

Astronauts inside spaceship feel ___ weight.

A) More B) Less
C) Zero D) Depends on G force
 
Answer & Explanation Answer: C) Zero

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Filed Under: Physics
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Q:

In September 2017, RBI has capped bank investments in private equity fund at ______ percent of paid up capital.

 

A) 5 B) 10  
C) 15   D) 18
 
Answer & Explanation Answer: B) 10  

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Filed Under: General Awareness
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Q:

On 22 November, 2017 the Indian Air Force successfully test fired an air launched BrahMos from a ______ fighter aircraft.

 

A) Mirage-2000 B) Sukhoi Su-30 MKI
C) Mig-29 D) HAL Tejas
 
Answer & Explanation Answer: B) Sukhoi Su-30 MKI

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Q:

Who took charge as the new Comptroller and Auditor General (CAG) of India in 2017?

A) Achal Kumar Jyothi B) Ranjit Kumar
C) Vivek Goenka D) Rajiv Mehrishi
 
Answer & Explanation Answer: D) Rajiv Mehrishi

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