Q:

Pfizer Inc is a pharmaceutical company of which country?

A) Germany	B) China
C) India	D) USA

Answer & Explanation Answer: D) USA

Explanation:

The Pfizer Inc of the United States of America (USA) and its partner BioNTech of Germany completed the phase 3 trial of their COVID-19 vaccine candidate, BNT162b2 against SARS-CoV-2 with 95% effective success rate.

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Q:

Which one of the following indices is now used by the Reserve Bank of India to measure the rate of inflation in India?

A) NASDAQ Index	B) BSE Index
C) Consumer Price Index	D) Wholesale Price Index

Answer & Explanation Answer: C) Consumer Price Index

Explanation:

The Wholesale Price Index (WPI) was main index for measurement of inflation in India till April 2014 when RBI adopted new Consumer Price Index (CPI) as the key measure of inflation.

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Q:

If for the year a country's GDP was $990 million, consumer spending was $630 million, investment by businesses was $110 million, exports were $55 million and imports were $45 million, calculate government spending?

A) $260 million	B) $240 million
C) $480 million	D) $460 million

Answer & Explanation Answer: B) $240 million

Explanation:

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Q:

If saving exceeds investment, the national income will ___________.

A) fall	B) fluctuate
C) remain constant	D) rise

Answer & Explanation Answer: C) remain constant

Explanation:

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Q:

Where is Major Dhyan Chand National Stadium located?

A) Patna	B) Shimla
C) New Delhi	D) Agartala

Answer & Explanation Answer: C) New Delhi

Explanation:

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Q:

Micro economics deals with

A) the circular flow of income	B) the decision making of a single economic variable like demand
C) understanding unemployment	D) economic growth

Answer & Explanation Answer: B) the decision making of a single economic variable like demand

Explanation:

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Q:

In December 2017, who launched ‘Livestock Disease Forewarning – Mobile Application (LDF-Mobile App)’?

A) J. P. Nadda	B) Radha Mohan Singh
C) Ram Vilas Paswan	D) Harsimrat Kaur Badal

Answer & Explanation Answer: B) Radha Mohan Singh

Explanation:

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Q:

Which country was designated as the major defence partner of USA in December, 2016?

A) Canada	B) Israel
C) India	D) United Kingdom

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