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Q:

Who is the Vice Chairperson of NITI Aayog ?

A) Dr. Bibek Debroy B) Dr. V.K. Saraswat
C) Dr. Arvind Panagariya D) Arun Jaitley
 
Answer & Explanation Answer: C) Dr. Arvind Panagariya

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Q:

What will be the resistance of a wire across which, when 2V potential difference is applied, 1A current flows through the wire?

A) 2 ohms B) 0.02 ohms
C) 0.5 ohms D) 20 ohms
 
Answer & Explanation Answer: A) 2 ohms

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Filed Under: Physics
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Q:

As per the 2016-17 Budget, the largest source of money to the Government of India is

A) Income Tax B) Corporation Tax
C) Non-tax revenues D) Borrowings and other liabilities
 
Answer & Explanation Answer: D) Borrowings and other liabilities

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Filed Under: General Awareness
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Q:

In a cut motion, when the amount of demand is reduced by Rs 100/­ , it is known as

A) Disapproval of policy cut B) Economy cut
C) Vote on Account D) Token cut
 
Answer & Explanation Answer: D) Token cut

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Filed Under: Indian Economy

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Q:

The _________ of a firm is a relationship between inputs used and output produced by the firm.

A) Marginal product B) Production function
C) Total product D) Average product
 
Answer & Explanation Answer: B) Production function

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Q:

An increase in the growth rate of the nominal money supply results in

A) Lower rate of inflation B) Higher rate of inflation
C) Lower interest rates D) Currency appreciation
 
Answer & Explanation Answer: B) Higher rate of inflation

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Q:

Increase in the demand for a good will cause the equilibrium price of the good to ________ and the equilibrium quantity to _________.

A) increase; increase B) decrease; decrease
C) increase; decrease D) decrease; increase
 
Answer & Explanation Answer: A) increase; increase

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Q:

Economic sanctions are mainly used to

A) to help international trade run smoothly. B) punish nations that disobey international law
C) to impose tariffs on vehicles at the border D) all the above
 
Answer & Explanation Answer: B) punish nations that disobey international law

Explanation:

A sanction is a punishment imposed on another nation, or on individual natives of another nation.


Economic sanctions are characterized as the withdrawal of standard exchange and money related relations for outside and security strategy purposes. They might be extensive, denying business movement as to a whole nation,...

 

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