Q:

Recession is ___________.

A) reduction in production and employment for want of sufficient demand for goods	B) rise in the cost of production, especially because of wage increase
C) increase in money supply without a matching increase in production	D) No option is correct

Answer & Explanation Answer: A) reduction in production and employment for want of sufficient demand for goods

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Filed Under: Indian Economy
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Q:

A girl child has which of the following combinations of chromosomes in her cells?

A) 44 autosomes + XX	B) 22 autosomes + XX
C) 44 autosomes + XY	D) 22 autosomes + XY

Answer & Explanation Answer: A) 44 autosomes + XX

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Q:

Dwarfness can be controlled by treating plants with

A) Gibberellic acid	B) Cytokinin
C) Ethylene	D) Auxin

Answer & Explanation Answer: A) Gibberellic acid

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Q:

Biotechnology means

A) Technical study of bacteria	B) Technical study of chemicals in the body
C) Infusion of technology in human anatomy	D) Use of living organisms in industrial processes

Answer & Explanation Answer: D) Use of living organisms in industrial processes

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Q:

The consumption and saving schedules reveal that the:

A) MPC and APC are equal at the point where the consumption schedule intersects the 45-degree line.	B) MPC is equal to or greater than one at all income levels.
C) MPC is greater than zero, but less than one.	D) APS is positive at all income levels.

Answer & Explanation Answer: C) MPC is greater than zero, but less than one.

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Q:

India implemented the GST (Goods and Service Tax) from which month of 2017?

A) January	B) March
C) July	D) September

Answer & Explanation Answer: C) July

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Q:

Who is the author of the Indian English Novel 'Sita : Warrior of Mithila' published in 2017?

A) Rahul Mehta	B) Chetan Bhagat
C) Amish Tripathi	D) Robin Sharma

Answer & Explanation Answer: C) Amish Tripathi

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Q:

‘Marketing Support and Services Scheme’ (in the Eleventh Plan) Supports artisans related to ___________.

A) Handicrafts	B) Leather goods
C) Gems and Jewellery	D) Handlooms

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