Questions

Q:

Chandrabhaga beach is located in which state?

A) Odisha B) Kerala
C) Chennai D) Gujarat
 
Answer & Explanation Answer: A) Odisha

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Q:

The __________ exchange rate is the price of one unit of foreign currency in terms of domestic currency.

A) Artificial B) Nominal
C) Fixed D) Real
 
Answer & Explanation Answer: B) Nominal

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Q:

__________ says that if we keep increasing the employment of an input, with other inputs fixed, eventually a point will be reached after which the resulting addition to output (i.e., marginal product of that input) will start falling.

A) Law of diminishing marginal product B) Law of variable proportions
C) The Short Run D) The Long Run
 
Answer & Explanation Answer: A) Law of diminishing marginal product

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Q:

Insure payment of minimum wages for tea leave pickers

A) will improve quality of tea. B) will reduce unemployment of tea leave pickers.
C) decreases unemployment. D) will increase picking cost for all tea companies.
 
Answer & Explanation Answer: D) will increase picking cost for all tea companies.

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Q:

As per the announcement by the government in August 2017, Banks importing gold and precious metals will have to pay ______ tax under the GST.

 

A) 5%   B) 10%  
C) 3%   D) 8%
 
Answer & Explanation Answer: C) 3%  

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Q:

In the given question, an idiom/phrase highlighted in bold is given in a sentence. Choose the most suitable meaning of the idiom/phrase.

The prisoners broke out of jail when the guards weren’t looking

A) Raised B) Surrenderd
C) Escaped D) Perpetuated
 
Answer & Explanation Answer: C) Escaped

Explanation:

A forcible escape from a prison is called a breakout. The correct answer is option 3. Perpetuate means to preserve or continue. Hence option 3 is the correct response.

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Q:

'Stand up India' scheme launched by the Prime Minister recently is related with

A) Promotion of entrepreneurship among SC, ST and Women B) Promotion of rights of Divyangs
C) Promotion of compulsory education for women D) Promotion of Indian exports in western countries
 
Answer & Explanation Answer: A) Promotion of entrepreneurship among SC, ST and Women

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Q:

What was India’s rank in the Educational Attainment pillar as per the Global Gender Gap report 2017?

 

A)  139 B)  112
C)  141 D)  15
 
Answer & Explanation Answer: B)  112

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