Questions

Q:

An indifference curve measures ______________ level of satisfaction derived from different combinations of commodity X and Y.

A) same B) higher
C) lower D) minimum
 
Answer & Explanation Answer: A) same

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Q:

First time which year the Railway Budget and the General Budget were presented separately?

A) 1923 B) 1947
C) 1952 D) 1977
 
Answer & Explanation Answer: A) 1923

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Q:

Saffron is produced in a large scale in

A) Himachal Pradesh B) Gujarat
C) Jammu and Kashmir D) Kerala
 
Answer & Explanation Answer: C) Jammu and Kashmir

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Filed Under: Indian Geography
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Q:

In the following passage some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

The quest for a _____ life engrosses every human being on this earth. Everyman tends to define a happy life in a _____ individualistic fashion. _____have attempted to define a happy life in various terms. Hedonists have a _____ notion that happiness lies in the _____ of physical appetites.

_____have attempted to define a happy life

A) Professors B) Thinkers
C) Researchers D) Scientists
 
Answer & Explanation Answer: B) Thinkers

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Q:

Which of following is true if the Government monetized part of its deficit?

A) Money supply in the economy will increase. B) Interest rate will increase.
C) Government revenue will decrease. D) Government expenditure will increase.
 
Answer & Explanation Answer: A) Money supply in the economy will increase.

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Q:

Sea Guardian drones were obtained from which country?

A) France B) Russia
C) United States D) United Kingdom
 
Answer & Explanation Answer: C) United States

Explanation:

The Indian Navy has inducted two MQ-9B Sea Guardian unarmed drones procured from the U.S. on lease to enhance surveillance over the Indian Ocean Region (IOR).

 

 

 

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Filed Under: General Awareness
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Q:

Which of the following schedules contains special provisions for the administration of tribal areas in the four north-eastern states of Assam, Meghalaya, Tripura and Mizoram

A) First schedule B) Second schedule
C) Third schedule D) Sixth schedule
 
Answer & Explanation Answer: D) Sixth schedule

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Q:

Government intervention in a modern economy is useful because

A) the needs and wants of modern society are always met by the market place B) the market place has many incentives to create public work such as parks and library’s
C) governments are more able to meet some needs and wants of modern society in a way that ensures that all members of society can participate D) the market place powers all its own laws
 
Answer & Explanation Answer: C) governments are more able to meet some needs and wants of modern society in a way that ensures that all members of society can participate

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