Questions

Q:

India and which country, on 25 October, 2017, agreed to implement helicopter operations from ships to strengthen maritime security?

A) USA B) Somalia
C) Japan D) Germany
 
Answer & Explanation Answer: A) USA

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Q:

Which of the following insecticides' harmful effects came under media attention when health issues in Kerala were publicized?

A) Endosulfan B) Lethal
C) Thimet D) Monocil
 
Answer & Explanation Answer: A) Endosulfan

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Q:

Which compound is formed when a Magnesium ribbon is burnt in air?

A) Magnesium Nitrate B) Magnesium Carbonate
C) Magnesium Oxide D) Magnesium Nitride
 
Answer & Explanation Answer: C) Magnesium Oxide

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Q:

The State Financial Corporations have given assistance mainly to develop___________.

A) agriculture farms B) cottage industries
C) medium and small-scale industries D) large scale industries
 
Answer & Explanation Answer: C) medium and small-scale industries

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Q:

If price of an article decreases from Rs 80 to Rs 60, quantity demanded increases from 600 units to 750 units. Find point elasticity of demand?

A) -1 B) 1
C) -1.25 D) 1.25
 
Answer & Explanation Answer: A) -1

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Q:

Under GST regime, in ‘Composition Scheme’, taxpayers have to fill returns ______.

A) Monthly B) Half-yearly
C) Quarterly D) Bi-Monthly
 
Answer & Explanation Answer: C) Quarterly

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Q:

The economic way of thinking stresses that

A) incentives matter--individuals respond in predictable ways to changes in personal costs and benefits. B) changes in personal costs and benefits generally fail to exert much impact on behavior.
C) if a good is provided by the government, its production will not consume valuable scarce resources. D) if one individual gains from an economic activity, then someone else must lose and in the same proportion.
 
Answer & Explanation Answer: A) incentives matter--individuals respond in predictable ways to changes in personal costs and benefits.

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Q:

India  signed  an  agreement  in  2016  to develop   a   strategic   port   in   one   of   its neighbouring  countries.  What  is  the  name of the port?

A) Chabahar B) Gwadar
C) Hambantota D) Mongla
 
Answer & Explanation Answer: A) Chabahar

Explanation:

India   signed   a   historic   deal   to develop    the    strategic    port    of Chabahar  in  Iran  and  agreed  on  a three-nation    pact    to    build    a transport-and-trade corridor through   Afghanistan   that   could help  halve  the  time  and  cost  of doing  business  with  Central  Asia and     Europe.     Developing     the  Chabahar  port  was  seen  as  crucial for  India  because  it  will  not  only allow New Delhi to bypass Pakistan and access global markets but also counter    China’s    expanding influence   in   the   Indian   Ocean region. But the project’s land route through   Afghanistan   remains   a security headache

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