Questions

Q:

The concept of biosphere reserve was evolved by

 

 

A) IUCN B) UNESCO
C) Zoological Survey of India D) Government of India
 
Answer & Explanation Answer: B) UNESCO

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Q:

In which conference of 1888, the constitution was created for Congress?

 

A) Bombay B) Calcutta
C) Madras D) Allahabad
 
Answer & Explanation Answer: D) Allahabad

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Q:

Which Indian state recently approved Bill to reserve 75% private jobs for locals?

 

A) Telangana B) Uttar Pradesh
C) Haryana D) Andhra Pradesh
 
Answer & Explanation Answer: C) Haryana

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Q:

The fundamental source of monopoly power is 

 

 

A) profit B) barriers to entry
C) a product without close substitutes D) decreasing average total cost
 
Answer & Explanation Answer: B) barriers to entry

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Q:

Match the characteristics with their market structure:

(a) Difficult entry (often due to economies of scale)
(b) Can sell as much as it can at market price

A) (a) Monopolistic Competition, (b) Pure Monopoly B) (a) Pure Monopoly, (b) Oligopoly
C) (a) Oligopoly, (b) Pure Competition D) (a) Pure Competition, (b) Oligopoly
 
Answer & Explanation Answer: C) (a) Oligopoly, (b) Pure Competition

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In October 2017, ‘PFMS’ was made mandatory. It will help to ______

 

 

A) provide security to schemes B) Monitor fund flow to schemes
C) To describe benefit of schemes D) No option is correct
 
Answer & Explanation Answer: B) Monitor fund flow to schemes

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Q:

Which state has launched an outreach programme called ‘Duare Sarkar’?

 

A) Assam B) Odisha
C) Chhattisgarh D) West Bengal
 
Answer & Explanation Answer: D) West Bengal

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Q:

Which of the following equation is/are INCORRECT?

I. NI = NDP + Net Foreign Income
II. GNP = GDP + Net Foreign Income
III. NDP = GNP – Depreciation

A) Only (I) and (II) B) Only (III)
C) Only (II) and (III) D) Only (II)
 
Answer & Explanation Answer: B) Only (III)

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