Questions

Q:

Money in India consists of ___________.

A) paper currency B) current deposits
C) metallic coins D) All options are correct
 
Answer & Explanation Answer: D) All options are correct

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Q:

NABARD sanctioned a loan assistance of Rs 1350 crore to Rajasthan under the ‘RIDF’. What does ‘R’ stand for in ‘RIDF’?

 

A) Rapid B) Re-arrange
C) Rural D) Response
 
Answer & Explanation Answer: C) Rural

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Q:

Salil Parekh, who took charge as the new CEO of Infosys, is moving out from which company to join and lead Infosys?

A) IBM B) Accenture
C) Capgemini D) Wipro
 
Answer & Explanation Answer: C) Capgemini

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Q:

Consider a hypothetical planet with a mass equal to half that of Earth and radius is one-third that of Earth. If g is the acceleration due to gravity on Earth, the acceleration due to gravity on the planet will be

A) (1/2)g B) (9/2)g
C) (5/2)g D) (3/2)g
 
Answer & Explanation Answer: B) (9/2)g

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Q:

Who among the following won the ‘FIFA Men's Player of The Year Award’ on October 23, 2017?

A) Lionel Messi B) Andres Iniesta
C) Cristiano Ranaldo D) Luka Modric
 
Answer & Explanation Answer: C) Cristiano Ranaldo

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Q:

If a country devalues its currency, its _______________

A) Exports become cheaper and imports become costlier B) Exports become costlier and imports become cheaper.
C) Exports value is equivalent to imports value D) No effect on exports and imports
 
Answer & Explanation Answer: A) Exports become cheaper and imports become costlier

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Q:

In a period when an economy is facing price rise, and along with that there is slowing down of economy activities, this is case of _________.

A) Deflation B) Stagflation
C) Recession D) Depression
 
Answer & Explanation Answer: B) Stagflation

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Q:

Macro economics deals with

A) the circular flow of income B) the decision making of a single economic variable like demand
C) resource allocation at firm level D) equilibrium prices and quantities
 
Answer & Explanation Answer: A) the circular flow of income

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