Q:

__________________ is a good whose quantity demanded decreases when consumer income rises.

A) Veblen good	B) normal good
C) exclusive good	D) inferior good

Answer & Explanation Answer: D) inferior good

Explanation:

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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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Q:

Which company has signed an agreement with UNESCO to launch virtual reality content and 360 degree videos on Indian heritage sites?

A) Nokia	B) Sunstar
C) Samsung	D) Amazon

Answer & Explanation Answer: C) Samsung

Explanation:

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Q:

In a longitudinal wave, the distance between two consecutive compressions and two consecutive refractions is called

A) Matter	B) Wavelength
C) Magnitude	D) Energy

Answer & Explanation Answer: B) Wavelength

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Q:

On 5 January 2018, Lok Sabha passed High Court and Supreme Court Judges (Salaries and Conditions of Service) Amendment Bill, 2017. The Bill proposes to hike the salary of Chief Justice of India (CJI) to nearly ______.

A) Rs 2.80 lakh per month	B) Rs 3.9 lakh per month
C) Rs 2 lakh per month	D) Rs 5 lakh per month

Answer & Explanation Answer: A) Rs 2.80 lakh per month

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Q:

The Constituent Assembly adopted Indian national flag on

A) 22nd July 1947	B) 22nd August 1947
C) 22nd January 1948	D) 22nd October 1947

Answer & Explanation Answer: B) 22nd August 1947

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Q:

The Certificate of Deposit (CD) is a negotiable money market instrument and issued in the form of?

A) Derivative Usance Promissory Note	B) Usance Promissory Note
C) Demand Promissory Note	D) Both a & b

Answer & Explanation Answer: B) Usance Promissory Note

Explanation:

The Certificate of Deposit (CD) is a negotiable money market instrument and issued in dematerialised form or as a Usance Promissory Note against funds deposited at a bank or other eligible financial institution for a specified time period. (Usance Promissory Note has to be paid after certain time period).

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Q:

Deindustrialisation means

A) uprooting of people from agriculture and planting them in industries	B) uprooting of people from agriculture and planting them in industries
C) a deliberate effort to compel the existing industries to shut down	D) a deliberate effort to promote the new industries

Answer & Explanation Answer: B) uprooting of people from agriculture and planting them in industries

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