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Q:

Which   one   of   the   following   is   not   a component  of  Revenue  Receipts  of  the Union Government?

A) Corporate tax receipts B) Dividends and profits
C) Disinvestment receipts D) Interest receipts
 
Answer & Explanation Answer: C) Disinvestment receipts

Explanation:

Revenue    receipts    are    regular source of Government of India, but Disinvestment   receipts   are   not regular    source    of    Income    of Government  and  all  other  given are regular

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Q:

Microsoft Corporation was founded in

A) 1979 B) 1981
C) 1975 D) 1965
 
Answer & Explanation Answer: C) 1975

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Q:

In December 2017, who launched project ‘DARPAN’ (Digital Advancement of Rural Post Office for a New India)?

 

A) Jayant Sinha B) Manoj Sinha
C) Ravi Shankar Prasad D) Prakash Javadekar
 
Answer & Explanation Answer: B) Manoj Sinha

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Q:

What is the code name of world’s largest amphibious aircraft made by China?

A) Kunlong B) Sea Star
C) Libelle D) Dornier
 
Answer & Explanation Answer: A) Kunlong

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Q:

On 3 January 2018, Lok Sabha passed Ancient Monuments and Archaeological Sites and Remains (Amendment) Bill, 2017. The Bill empowers which agency/authority to consider an impact assessment of proposed works in prohibited area?

A) Indian Monument Agency B) National Monument Authority
C) National Monumental and Ancient Site Conservation Authority D) None of these
 
Answer & Explanation Answer: B) National Monument Authority

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Q:

_______________________ is the unemployment which exists in any economy due to people being in the process of moving from one job to another.

A) Seasonal unemployment B) Cyclical unemployment
C) Frictional unemployment D) Structural unemployment
 
Answer & Explanation Answer: C) Frictional unemployment

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Q:

As per Economic survey 2017-18, the percentage contribution of the services sector to India's GDP will be in the range of

A) Between 40-50% B) Greater than 50%
C) Less than 30% D) Between 30-40%
 
Answer & Explanation Answer: B) Greater than 50%

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Q:

___________ is an alternative way of representing the production function.

A) The Short Run B) The Long Run
C) Isoquant D) Average product
 
Answer & Explanation Answer: C) Isoquant

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