Questions

Q:

The 14th Finance Commission has recommended increase in States share in net proceeds from tax collection from 32% to

A) 35% B) 40%
C) 42% D) 45%
 
Answer & Explanation Answer: C) 42%

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Q:

Short run marginal cost curve cuts the short run average cost curve from _______ at the minimum point of short run average cost.

A) top B) below
C) right D) left
 
Answer & Explanation Answer: B) below

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Q:

Calculate the economic profit for a firm if its total revenues are Rs 180 crores, explicit costs are Rs 95 crores, and implicit costs are Rs 25 crores.

A) Rs 110 crores B) Rs 300 crores
C) Rs 60 crores D) Rs 250 crores
 
Answer & Explanation Answer: C) Rs 60 crores

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Q:

In Lok Sabha the total number of members from states is

A) 630 B) 530
C) 430 D) 330
 
Answer & Explanation Answer: B) 530

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Q:

According to the Indian Constitution, who has the power to declare emergency ?

A) Prime Minister B) President
C) Chief Justice D) Parliament
 
Answer & Explanation Answer: B) President

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Q:

Out of the 22 parts of the Indian Constitution that originally existed during its formation, the only part which has been deleted is

A) Part V B) Part VI
C) Part VII D) Part VIII
 
Answer & Explanation Answer: C) Part VII

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Q:

Mission Indradhanush ­ a programme introduced recently in the country by the NDA Government is related to:

A) Systematic immunization of children against disease B) Providing insurance cover to farmers against crop failure
C) Development of fisheries in rural areas D) Development of multiple cropping in hilly region
 
Answer & Explanation Answer: A) Systematic immunization of children against disease

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Q:

In October 2017, the biggest ever highway project was launched in India. It aims to develop approximately how many kilometers of roads by year 2022?

 

A) 65000 B) 83000
C) 1,00,000 D) 50000
 
Answer & Explanation Answer: B) 83000

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