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Q:

Which mobile manufacturing company won the rights in 2017 to be the sponsor of the Indian male Cricket Team for five years?

A) Micromax B) Oppo
C) BlackBerry D) Karbonn
 
Answer & Explanation Answer: B) Oppo

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Q:

What is a tissue?

A) Cells which are similar in origin, but dissimilar in form and function B) Cells which are dissimilar in origin, but are similar in form and function
C) Cells which are dissimilar in origin, form and function D) Cells which are similar in origin, form and function
 
Answer & Explanation Answer: D) Cells which are similar in origin, form and function

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Q:

Which of the following best defines disposable income?

A) Income received by householdsless personal taxes. B) The before-tax income received by households.
C) All income earned by resource suppliers for their current contributions to production. D) The market value of the annual output net of consumption of fixed capital.
 
Answer & Explanation Answer: A) Income received by householdsless personal taxes.

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Q:

In October 2017, Insolvency and Bankruptcy Board of India (IBBI) relaxed norms for information utilities. Listed Indian companies can now hold ______ of the paid-up equity share capital or total voting power rights in such firms.

 

A) 80% B) 90%
C) 100% D) 50%
 
Answer & Explanation Answer: C) 100%

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Q:

Indian athlete Neeraj Chopra created history by becoming the first Indian to get gold in a world athletics championship. What was his sport?

A) Long jump B) Shot put
C) Discus throw D) Javelin throw
 
Answer & Explanation Answer: D) Javelin throw

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Q:

The production possibilities curve illustrates the basic principle that

A) an economy's capacity to produce increases in proportion to its population size. B) the production of more of any one good will in time require smaller and smaller sacrifices of other goods.
C) an economy will automatically seek that level of output at which all of its resources are employed. D) if all the resources of an economy are in use, more of one good can be produced only if less of another good is produced.
 
Answer & Explanation Answer: D) if all the resources of an economy are in use, more of one good can be produced only if less of another good is produced.

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Q:

If hiring an extra worker increases a brick making unit's output from 2000 to 2250 units per day, but the factory has to reduce the price of its brick from Rs 15 to Rs 14 per brick to sell the additional output, the marginal revenue product of the last worker is

A) Rs 1500 B) Rs 250
C) Rs 3000 D) Rs 100
 
Answer & Explanation Answer: A) Rs 1500

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Q:

Monetary policy refers to the actions the Federal Reserve takes to manage

A) income tax rates and interest rates to pursue its economic objectives. B) government spending and income tax rates to pursue its economic objectives.
C) the money supply and income tax rates to pursue its economic objectives. D) the money supply and interest rates to pursue its economic objectives.
 
Answer & Explanation Answer: D) the money supply and interest rates to pursue its economic objectives.

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