Questions

Q:

The amount of Rs. 10,000 after 2 years, compounded annually with the rate of interest being 10% per annum during the first year and 12% per annum during the second year, would be (in rupees)

A) 11,320 B) 12,000
C) 12,320 D) 12,500
 
Answer & Explanation Answer: C) 12,320

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Q:

The first Indian to win an olypic medal in badminton was

A) Syed Modi B) Prakash Padukone
C) Pullela Gopichand D) Saina Nehwal
 
Answer & Explanation Answer: D) Saina Nehwal

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Filed Under: Sports
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Q:

Women's Doubles World Champions for 2015 announced by International Tennis Federation are

A) Martina Hingis and Sania Mirza B) M. Sands and L Safarova
C) Serena Williams and Venus Williams D) Sara Errani and Roberta Vinci
 
Answer & Explanation Answer: A) Martina Hingis and Sania Mirza

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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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Filed Under: Indian Economy
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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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Filed Under: Indian Economy
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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:

Slow-growing large coloured patches on the bark of trees are the examples of symbiotic life forms called ______.

 

A) Aphids B) Egrets
C) Shrimps D) Lichens
 
Answer & Explanation Answer: D) Lichens

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Filed Under: Biology
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