Questions

Q:

The new digital payment application launched by India Post Payments Bank?

A) Dak Pay B) Dak Digital
C) Post Pay D) IPPB Pay
 
Answer & Explanation Answer: A) Dak Pay

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Q:

___ is not a tributary of the river Ganges.

A) Yamuna B) Gomti
C) Kosi D) Manas
 
Answer & Explanation Answer: D) Manas

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Q:

On 25 October 2017, government announced a recapitalisation plan for state-owned banks. How much amount was announced for Banks’ recapitalisation?

 

A) Rs 3.11 lakh crore B) Rs 5.1 lakh crore
C) Rs 2.11 lakh crore D) Rs 7 lakh crore
 
Answer & Explanation Answer: C) Rs 2.11 lakh crore

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Q:

The Figitive Economic Offenders Bill 2017 was passed by which ministry?

A) Finance Ministry B) Commerce Ministry
C) Labour Ministry D) Law Ministry
 
Answer & Explanation Answer: A) Finance Ministry

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Q:

The line graph shows the record of number of admissions to a certain coaching centre from 2011 to 2016. Study the diagram and answer the following question.

Admissions in the year 2014 grew by _______ percent as compared to the previous year.

A) 50 B) 100
C) 40 D) 66.67
 
Answer & Explanation Answer: D) 66.67

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Q:

Human Rights Day is observed on

A) December 10 B) December 11
C) December 12 D) December 14
 
Answer & Explanation Answer: A) December 10

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Q:

The change in the optimal quantity of a good when its price changes and the consumer’s income is adjusted so that she can just buy the bundle that she was buying before the price change is called?

A) Law of demand B) Substitution effect
C) Problem of choice D) Optimal choice
 
Answer & Explanation Answer: B) Substitution effect

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Q:

If quantity of a good demanded increases from 200 to 250 then the average income of the population increases from Rs 20,000 to Rs 30,000, find Arc Income elasticity of demand?

A) 1.45 B) 0.55
C) 2 D)  1.25
 
Answer & Explanation Answer: B) 0.55

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