Questions

Q:

What are stars primarily made of?

A) Oxygen and Hydrogen B) Hydrogen and Carbon
C) Hydrogen and Helium D) Oxygen and Helium
 
Answer & Explanation Answer: C) Hydrogen and Helium

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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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Q:

Which of the following is NOT included in general methodology while assessing the national income?

A) Pension B) Investment Expenditure
C) Value added D) Consumption Expenditure
 
Answer & Explanation Answer: A) Pension

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Q:

In May 2017, the Base year of All-Indian WPI (Wholesale Price Index) has been revised from 2004-05 to ______.

A) 2010-11 B) 2015-16
C) 2011-12 D) 2016-17
 
Answer & Explanation Answer: C) 2011-12

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Q:

Which of the following best describes monetary policy?

A) Managing the economy by controlling the money supply B) Determining the design printed on the national currency
C) Regulating transactions in the currency exchange market D) Raising and lowering the foreign exchange rate
 
Answer & Explanation Answer: A) Managing the economy by controlling the money supply

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Q:

Tricare formerly known as Champus is funded through

A) military B) the U . S . Congress
C) individual states D) individual regions
 
Answer & Explanation Answer: D) individual regions

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Q:

Who was the first woman president of Indian National Congress in pre-Independent India?

A) Vijayalakshmi Pandit B) Sarojini Naidu
C) Annie Besant D) Madam Cama
 
Answer & Explanation Answer: C) Annie Besant

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Q:

On 10 April 2017, Lok Sabha Passed the Motor Vehicles Act (Amendment) Bill, 2016. Under the new provisions, the compensation for death increased from Rs 25,000 to ______

A) Rs 2 lakh or more B) Rs 5 lakh or more
C) Rs 10 lakh or more D) Rs 15 lakh or more
 
Answer & Explanation Answer: A) Rs 2 lakh or more

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