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Q:

Which of the following best defines disposable income?

A) income received by households less personal taxes B) the before-tax income received by households
C) all income earned by resource suppliers for their current contributions to production D) the market value of the annual output net of consumption of fixed capital
 
Answer & Explanation Answer: A) income received by households less personal taxes

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Filed Under: Indian Economy
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Q:

Hybrid zones provide an opportunity to investigate

A) Reproductive isolation B) Speciation
C) Both 1 & 2 D) None
 
Answer & Explanation Answer: C) Both 1 & 2

Explanation:

Hybrid zones are geographical areas where two interbreeding groups of genetically unique organisms meet. Hybrid zones provide an opportunity to investigate Reproductive isolation and Speciation.

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Filed Under: Biology
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Q:

The people of the Indus Valley Civilisation worshipped ___

A) Hanuman B) Kali
C) Ayyappa D) Pashupati
 
Answer & Explanation Answer: D) Pashupati

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Filed Under: Indian History
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Q:

Name the spiritual leader who was honoured with a humanitarian award by a prominent Jewish human rights organisation for promoting human dignity, interfaith relations and tolerance among people.

A) Asharam Bapu B) Baba Ramdev
C) Sri Sri Ravi Shankar D) Morari Bapu
 
Answer & Explanation Answer: C) Sri Sri Ravi Shankar

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Filed Under: Honours and Awards
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Q:

India-born Leo Varadkar became the Prime Minister of which of the following countries?

A) Sri Lanka B) Scotland
C) South Africa D) Ireland
 
Answer & Explanation Answer: D) Ireland

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Filed Under: Famous Personalities
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Q:

India-born Indira Nooyi is the Chief Executive Officer (CEO) of which of the following companies?

A) Microsoft B) Amazon
C) Coca Cola D) PepsiCo
 
Answer & Explanation Answer: D) PepsiCo

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Filed Under: General Awareness
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Q:

An exculpatory clause is generally unenforceable when

A) it involves public transportation. B) it attempts to release a party from liability for ordinarily negligent behavior.
C) it is written clearly and in bold, large print. D) the affected activity is a recreational activity.
 
Answer & Explanation Answer: A) it involves public transportation.

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Q:

Reema wants to buy a certain designer party dress. The shop is offering a discount of 20% on that dress which is marked at Rs 5000. If Reema was willing to pay even Rs 7000 for that dress, Reema's consumer surplus is

A) Rs 3000 B) Rs 2000
C) Rs 1000 D) Rs 7000
 
Answer & Explanation Answer: A) Rs 3000

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