Questions

Q:

Goods for which demand move in the opposite direction of the income of the consumer are called?

A) Inferior goods B) Normal goods
C) Complementary goods D) Substitute goods
 
Answer & Explanation Answer: A) Inferior goods

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Filed Under: Indian Economy
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Q:

India and which country, on 25 October, 2017, agreed to implement helicopter operations from ships to strengthen maritime security?

A) USA B) Somalia
C) Japan D) Germany
 
Answer & Explanation Answer: A) USA

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Who is the author of the book titled "The Sellout"?

A) Paul Beatty B) Arvind Adiga
C) Elenor Catton D) Howard Jacobson
 
Answer & Explanation Answer: A) Paul Beatty

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Filed Under: Books and Authors
Exam Prep: Bank Exams

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Q:

‘Protocol for Star Rating of Garbage-Free Cities’ launched on January 20, 2018 will be rating cities on ______ rating system.

A) 3-star B) 4-star
C) 5-star D) 7-star
 
Answer & Explanation Answer: D) 7-star

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Filed Under: Honours and Awards

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Q:

Who has been conferred with the 'ASSOCHAM Enterprise of the Century Award'?

A) Ratan Tata B) Uday Kotak
C) Mukesh Ambani D) Adi Godrej
 
Answer & Explanation Answer: A) Ratan Tata

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Q:

If the line DE is drawn parallel to the base BC of a triangle ABC by intersecting the other two sides, then which of the following is the CORRECT equation for this case.

A) AB/DB=AC/EC B) AD/AB=DB/EC
C) AD/DB=EC/AE D) AD/DB=AE/EC
 
Answer & Explanation Answer: D) AD/DB=AE/EC

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Q:

When the demand for a good increases with an increase in income, such a good is called_______

A) Superior good B) Giffin good
C) Inferior good D) Normal good
 
Answer & Explanation Answer: A) Superior good

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Filed Under: Indian Economy
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Q:

In a period when an economy is facing price rise, and along with that there is slowing down of economy activities, this is case of _________.

A) Deflation B) Stagflation
C) Recession D) Depression
 
Answer & Explanation Answer: B) Stagflation

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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