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Q:

The popular Yankee Stadium in USA is located at

A) Boston B) New York
C) Las Vegas D) Washington
 
Answer & Explanation Answer: B) New York

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Filed Under: World Geography
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Q:

Which of the following is used in the preparation of tincture iodine, cough syrup and many tonics?

A) Methanol B) Ethanoic acid
C) Acetic acid D) Ethanol
 
Answer & Explanation Answer: D) Ethanol

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Filed Under: Chemistry
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Q:

India was able to achieve the fiscal deficit target for the Financial Year 2016-17. It was how much percent of GDP?

A) 3.50% B) 4.20%
C) 3.00% D) 2.50%
 
Answer & Explanation Answer: A) 3.50%

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Filed Under: Indian Economy
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Q:

If price of an article decreases from Rs 800 to Rs 700, quantity demanded increases from Q1 units to 70 units. If point elasticity of demand is -1.333 find Q1?

A) 80 units B) 90 units
C) 60 units D) 50 units
 
Answer & Explanation Answer: C) 60 units

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Filed Under: Indian Economy
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Q:

Which  one  of  the  following  indices  is  now used  by  the  Reserve  Bank  of  India  to measure the rate of inflation in India?

A) NASDAQ Index B) BSE Index
C) Consumer Price Index D) Wholesale Price Index
 
Answer & Explanation Answer: C) Consumer Price Index

Explanation:

The  Wholesale  Price  Index  (WPI) was  main  index  for  measurement of  inflation  in  India  till  April  2014 when  RBI  adopted  new  Consumer Price   Index   (CPI)   as   the   key measure of inflation.

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Filed Under: Indian Economy
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Q:

If cash reserve ratio decreases, credit creation will _______.

A) increase B) decrease
C) does not change D) first decreases than increases
 
Answer & Explanation Answer: A) increase

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Filed Under: Indian Economy
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Q:

__________ is defined as the output per unit of variable input

A) Marginal product B) Production function
C) Total product D) Average product
 
Answer & Explanation Answer: D) Average product

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Filed Under: Indian Economy
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Q:

If tea companies start using mechanised tea leave pickers

A) more people would want to work as tea leave pickers B) unemployment of tea leave pickers will decrease
C) more tea will be produced per acre D) then wages for manual tea leave pickers will fall
 
Answer & Explanation Answer: D) then wages for manual tea leave pickers will fall

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Filed Under: Indian Economy
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