Questions

Q:

Collab is the new music video application launched by which major company?

A) Amazon B) Apple
C) Microsoft D) Facebook
 
Answer & Explanation Answer: D) Facebook

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Filed Under: General Awareness
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Q:

Which of the following is a tsunami warning sign?

A) Stormy weather B) Hailstorm
C) Water falling back quickly from the beach D) Pets acting strangely
 
Answer & Explanation Answer: C) Water falling back quickly from the beach

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Filed Under: General Science
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Q:

As of August 2018, what is the portfolio held by the current Union Minister Ravi Shankar Prasad?

A) Human Resource Development B) Petroleum
C) Law and Telecommunications D) Coal
 
Answer & Explanation Answer: C) Law and Telecommunications

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Filed Under: Indian Politics
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Q:

If price of an article decreases from Rs. 25 to Rs. 20, quantity demanded increases from Q1 units to 1500 units. If point elasticity of demand is -1.25, find Q1?

A) 900 units B) 1200 units
C) 1800 units D) 2000 units
 
Answer & Explanation Answer: B) 1200 units

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Filed Under: Indian Economy
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Q:

If quantity of good X demanded increases from 2300 to 2700 when price of good Y increases from Rs. 45 to Rs. 55, find Arc Cross elasticity of demand?

A) 4 B) 1.25
C) 0.25 D) 0.8
 
Answer & Explanation Answer: D) 0.8

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Filed Under: Indian Economy
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Q:

What is an octroi ?

A) Tax B) Tax collection centre
C) Tax processing centre D) Tax information centre
 
Answer & Explanation Answer: A) Tax

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Q:

From which of the following, is the GDP of a country not derived from?

A) Agricultural sector B) Industrial sector
C) International sector D) Service sector
 
Answer & Explanation Answer: C) International sector

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Q:

Lorenz curve shows

A) Inflation B) Unemployment
C) Income distribution D) Poverty
 
Answer & Explanation Answer: C) Income distribution

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Filed Under: Indian Economy
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