Questions

Q:

Which Indian-American is the chairman of the prestigious Federal Communications Commission (FCC) of the United States as of March 2018?

A) Neomi Rao B) Seema Verma
C) Ajit Pai D) Neil Chatterjee
 
Answer & Explanation Answer: C) Ajit Pai

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Q:

Who among the following is known as the Father of Civil Services in India?

A) Lord Cornwallis B) Warren Hastings
C) Lord Wellesley D) Lord William Bentinck
 
Answer & Explanation Answer: A) Lord Cornwallis

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Q:

One of the earliest explorers who visited India was Megasthenes. Which country did he hail from?

A) Spain B) Italy
C) Greece D) Egypt
 
Answer & Explanation Answer: C) Greece

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Q:

The 'Father of Indian Space Program' is

A) Dr. A.P.J. Abdul kalam B) Dr. Vikram A. Sarabhai
C) Dr. K. Kasturirangan D) Prof. Satish Dhawan
 
Answer & Explanation Answer: B) Dr. Vikram A. Sarabhai

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Filed Under: General Awareness
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Q:

The given data shows the registration of bikes and total vehicles (in thousands) for 6 months in 2017 in City X.

Note : In the chart, the first number represents bikes and the second number represents total vehicles.

Based on the given data, from January to April 2017, the increase in the registration of vehicles other than bikes is ___.

A) 9050 B) 8500
C) 9000 D) 8000
 
Answer & Explanation Answer: C) 9000

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Q:

Which one of the following is not an assumption in the law of demand?

A) There are no changes in the taste and preferences of consumers B) Income of consumers remains constant
C) Consumers are affected by demonstration effect D) There are no changes in the price of substitute goods.
 
Answer & Explanation Answer: C) Consumers are affected by demonstration effect

Explanation:

There are certain assumptions underlying the law of demand, which are as follows:

i. Assumes that the consumer’s income remains same

ii. Assumes that the preferences of consumer remain same.

iii. Considers that the fashion does not show any changes, because if fashion changes, then people would not purchase the products that are out of fashion.

iv. Assumes that there would be no change in the age structure, size, and sex ratio of population. This is because if population size increases, then the number of buyers increases, which, in turn, affect the demand for a product directly.

v. Restricts the innovation and new varieties of products in the market, which can affect the demand for the existing product.

vi. Restricts changes in the distribution of income.

vii. Avoids any type of change fiscal policies of the government of a nation, which reduces the effect of taxation on the demand of product.

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Filed Under: Indian Economy
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Q:

Which is the only organ in the human boddy that can regrow/regenerate?

A) Pancreas B) Spleen
C) Brain D) Liver
 
Answer & Explanation Answer: D) Liver

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Filed Under: Biology
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Q:

Which of the following hormone is not secreted by pituitary gland?

A) Thyroid-stimulating hormone (TSH) B) Prolactin
C) Vasopressin D) Somatostatin
 
Answer & Explanation Answer: D) Somatostatin

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Filed Under: Biology
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