Questions

Q:

In 2015, which auto manufacturer manipulated emissions testing data leading to the resignation of its CEO Martin Winterkorn?

A) Volkswagen B) Ford
C) Toyota D) General Motors
 
Answer & Explanation Answer: A) Volkswagen

Explanation:
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Q:

The term of a Governor is

A) 4 Years B) 5 Years
C) 6 Years D) 3 Years
 
Answer & Explanation Answer: B) 5 Years

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Q:

According to the provisions of the Constitution of India, which one of the following is nota fundamental duty?

A) To respect the National Flag   B) To defend the country
C) To provide education to one’s child D) To promote village and cottage industries
 
Answer & Explanation Answer: D) To promote village and cottage industries

Explanation:

Article 43 also places upon the State the responsibility of promoting cottage industries, and the federal government has, in furtherance of this, established several Boards for the promotion of khadi, handlooms etc., in coordination with the state governments. It is a DPSP.

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Q:

On 5 March 2017, who launched an artificial intelligence – driven chatbot named ‘EVA (Electronic Virtual Assistant)’ for customer services? 

 

A) ICICI Bank B) State Bank of India
C) HDFC Bank D) Bank of Baroda
 
Answer & Explanation Answer: C) HDFC Bank

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Q:

Who founded twitter?

A) Mark Zuckerberg B) Tim Cook
C) Noah Ark D) Evan Williams
 
Answer & Explanation Answer: D) Evan Williams

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Q:

A manufacturer faces a -1.2 price elasticity of demand for its product. It is presently selling 7,500 units/day. If it wants to increase quantity sold by 9%, it must lower its price by

A) 7.5 percent B) 7.8 percent
C) 10.2 percent D) 10 percent
 
Answer & Explanation Answer: A) 7.5 percent

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Q:

If demand curve for an electric tooth brush is D = 25000 -­ 7P and supply curve is S = 10000 + 8P, find the equilibrium Price?

A) Rs 150 B) Rs 1000
C) Rs 400 D) Rs 50
 
Answer & Explanation Answer: B) Rs 1000

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Q:

Which is the form of market where there is lack of competition?

A) Monopoly B) Oligopoly
C) Perfect competition D) Marketisation
 
Answer & Explanation Answer: A) Monopoly

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