Questions

Q:

Indian Constitution has how many Schedules?

A) 4 B) 8
C) 12 D) 16
 
Answer & Explanation Answer: B) 8

Explanation:
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Q:

Which one of the following is not a correct ascending order of commissioned ranks in the defence forces of India?

A) Lieutenant, Captain, Major,Lieutenant Colonel, Colonel,Brigadier, Major General,Lieutenant General, General  B) Flying Officer, Flight Lieutenant,Squadron Leader, Wing Commander, Group Captain, Air Commodore, Air Vice Marshal,Air Marshal, Air Chief Marshal
C) Flying Officer, Flight Lieutenant,Squadron Leader, Group Captain,Wing Commander, Air Commodore,Air Vice Marshal, Air Marshal, Air Chief Marshal D) Sub Lieutenant, Lieutenant,Lieutenant Commander,Commander, Captain, Commodore,Rear Admiral, Vice Admiral,Admiral
 
Answer & Explanation Answer: C) Flying Officer, Flight Lieutenant,Squadron Leader, Group Captain,Wing Commander, Air Commodore,Air Vice Marshal, Air Marshal, Air Chief Marshal

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Q:

BREXIT  refers  to  the  Great  Britain  leaving which one of the following?

A) International Monetary Fund B) Common wealth
C) World Trade Organization D) European Union
 
Answer & Explanation Answer: D) European Union

Explanation:

Brexit is the withdrawal of the United Kingdom from the European Union. In a referendum  on  23  June  2016, 51.9%    of    the    participating UK electorate voted  to  leave  the  EU, out of a turnout of 72.2%.

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Q:

Who took over as the new chairman of the Tata Sons owned Vistara Airline in 2016? Prior to this, he was the Managing Director of Titan for a long time.

A) Ramadurai B) Bhaskar Bhatt
C) Cyrus Mistry D) N Chandrashekaran
 
Answer & Explanation Answer: B) Bhaskar Bhatt

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Q:

FERA stands for 

A) Foreign Exchange Regulation Agency B) Foreign Exchange Repulsive Agent
C) Foreign Expert Regulation Act D) Foreign Exchange Regulation Act
 
Answer & Explanation Answer: D) Foreign Exchange Regulation Act

Explanation:

FERA stands for Foreign Exchange Regulation Act.

 

  • It came into existence in 1973.
  • FERA lays emphasis on the regulation of currencies.

 

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Q:

When the demand for a good increases with an increase in income, such a good is called_______

A) Superior good B) Giffin good
C) Inferior good D) Normal good
 
Answer & Explanation Answer: A) Superior good

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Q:

In April 2017, N. K. Singh Committee recommended a fiscal deficit of how much percent of GDP by Financial Year 2022-23?

A) 2.50% B) 3.00%
C) 3.50% D) 4.00%
 
Answer & Explanation Answer: A) 2.50%

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Q:

Economic sanctions are mainly used to

A) to help international trade run smoothly. B) punish nations that disobey international law
C) to impose tariffs on vehicles at the border D) all the above
 
Answer & Explanation Answer: B) punish nations that disobey international law

Explanation:

A sanction is a punishment imposed on another nation, or on individual natives of another nation.


Economic sanctions are characterized as the withdrawal of standard exchange and money related relations for outside and security strategy purposes. They might be extensive, denying business movement as to a whole nation,...

 

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