Questions

Q:

According to the ‘World Inequality Report 2018’, released by World Inequality Lab based in Paris, which of the following country has the Highest Income Inequality?

A) Pakistan B) Bangladesh
C) India D) China
 
Answer & Explanation Answer: C) India

Explanation:

India has the Highest Income Inequality according to the ‘World Inequality Report 2018’, released by World Inequality Lab based at Paris School of Economics. India’s Top 1% of earners grabbed 22% share of national income, while bottom 50% managed to get only 15% share.

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Q:

The  Most  Favoured  Nation  (MFN)  Clause under   WTO   regimeis   based   on   the principle of 

A) non-discrimination between nations B) discrimination between nations
C) differential  treatment  between  locals and foreigners D) uniform tariff across commodities
 
Answer & Explanation Answer: A) non-discrimination between nations

Explanation:

In   Most-favoured-nation countries cannot normally discriminate between their trading partners.

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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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Q:

The question below consists of a set of labelled sentences. These sentences, when properly sequenced form a coherent paragraph. Select the most logical order of sentences from among the options.

 

P: Young boys and girls seem to have become inordinately addicted to these sites.
Q: The parents, teachers and the government must look into the problems being caused by these networking sites and must formulate a strategy either to curb or completely stop its fast growing negative influence on the minds of our youth.
R: Smart-phones, computers, social media, internet and networking sites such as Facebook and Twitter have become source of major distractions for students.
S: They are thoughtlessly and uselessly wasting their precious time on these sites.

A) PRQS B) RPSQ
C) PSQR D) QRPS
 
Answer & Explanation Answer: B) RPSQ

Explanation:
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Q:

The __________ exchange rate is the price of one unit of foreign currency in terms of domestic currency.

A) Artificial B) Nominal
C) Fixed D) Real
 
Answer & Explanation Answer: B) Nominal

Explanation:
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Q:

The age of the father 4 years ago was 8 times the age of his son. At present, the father's age is 4 times that of his son. Find the present age of son.

A) 9 years B) 7 years
C) 14 years D) 18 years
 
Answer & Explanation Answer: B) 7 years

Explanation:
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Q:

If North is called North west , West is called South west , South is called South east and so on . A person walks straight from South west to North east and then turns left . Walks straight and again turns left . Now at what direction he is facing ?

A) South B) North East
C) North D) South West
 
Answer & Explanation Answer: D) South West

Explanation:
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Q:

The Arjuna Awards given by the Government of India is for public achievement in which of the following fields?

A) Literature B) Poverty Eradication
C) Sports D) Economics
 
Answer & Explanation Answer: C) Sports

Explanation:
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