Q:

The astronomer who discovered planet Pluto was ___.

A) Sylvain Arend	B) Joseph Asbrook
C) Edwin Hubble	D) Clyde Tombaugh

Answer & Explanation Answer: D) Clyde Tombaugh

Explanation:

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Q:

Who launched Pradhan Mantri Vaya Vandana Yojana (PMVVY) in July 2017?

A) Rajnath Singh	B) Arun Jaitley
C) Suresh Prabhu	D) Nirmala Sitharaman

Answer & Explanation Answer: B) Arun Jaitley

Explanation:

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Filed Under: Indian Politics
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Q:

Liabilities are generally classified on a balance sheet as

A) small liabilities and large liabilities	B) present liabilities and future liabilities
C) tangible liabilities and intagible liabilities	D) current liabilities and long-term liabilities

Answer & Explanation Answer: D) current liabilities and long-term liabilities

Explanation:

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Filed Under: Indian Economy
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Q:

Lorenz curve shows

A) Inflation	B) Unemployment
C) Income distribution	D) Poverty

Answer & Explanation Answer: C) Income distribution

Explanation:

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Q:

In a market system, the central problems regarding how much and what to produce are solved through the coordination of economic activities brought about by ________ signals.

A) Supply	B) Demand
C) Price	D) Stock Market

Answer & Explanation Answer: C) Price

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Q:

A hand made paper workshop can hire 8 craftsmen by paying them Rs 400 per person per day. The 9th craftsman demands Rs 450 per day. If this craftsman is hired then all other craftsmen must be paid Rs 450. The marginal resource (labour) cost of the 9th craftsman is

A) Rs 50	B) Rs 850
C) Rs 800	D) Rs 100

Answer & Explanation Answer: B) Rs 850

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Q:

Five statements are given below, labelled A, B, C, D and E, among these, four statements are in logical order and form a coherent paragraph/passage. From the given options, choose the option that does not fit into the theme of the passage.

A) This takes us back to John Stuart Mill, the great nineteenth-century economist and philosopher, who believed that nobody can be a good economist if he or she is just an economist.	B) To be sure, most academic disciplines have become highly specialized since Mill’s day; and, since the collapse of theology,
C) no field of study has aimed to understand the human condition as a whole.	D) The life insurance industry has been destroyed by high and uncertain inflation as well.

Answer & Explanation Answer: D) The life insurance industry has been destroyed by high and uncertain inflation as well.

Explanation:

All statements except ‘D’ are based on the economists versus the economy, while sentence D talks about 'The Destructive Power of Inflation'.

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Filed Under: English
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Q:

The pH of a solution, whose hydrogen ion concentration is 1 x 10 mole per litre, will be ____.

A) 7	B) 5
C) 4	D) 6

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