Questions

Q:

TRIPS Agreement pertains to 

A) international tariff regime B) intellectual property protection
C) international practices on trade facilitation D) international taxation of property
 
Answer & Explanation Answer: B) intellectual property protection

Explanation:

The Agreement   on   Trade-Related Aspects   of   Intellectual   Property Rights(TRIPS)   is   an international legal   agreement between   all   the member    nations    of    the World Trade  Organization(WTO).  It  sets down  minimum  standards  for  the regulation by national governments of    many    forms    of intellectual property(IP) as applied to nationals  of  other  WTO  member nations.TRIPS  was  negotiated  at the  end  of  the  Uruguay  Round  of the General  Agreement  on  Tariffs and  Trade  (GATT)  in  1994  and  is administered by the WTO

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Q:

Which Indian female mountaineer recently created the fastest record of scaling Mount Everest back-to-back twice within 5 days?

A) Anshu Jamsenpa B) Arunima Sinha
C) Premlatha Agarwal D) Bachedri Pal
 
Answer & Explanation Answer: A) Anshu Jamsenpa

Explanation:
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Q:

In November 2017, second phase of ‘Bharat Net Project’ was launched. How much is its approximate outlay?

 

A) Rs 55,000 crore B) Rs 10,000 crore
C) Rs 20,000 crore D) Rs 34,000 crore
 
Answer & Explanation Answer: D) Rs 34,000 crore

Explanation:
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Q:

Which of the following is done at a Stock Exchange ?

A) Commodities are bought and sold at wholesale price B) Commodities are bought and sold at retail price
C) Securities are bought and sold D) None of these
 
Answer & Explanation Answer: C) Securities are bought and sold

Explanation:
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Q:

__________________ is a good whose quantity demanded decreases when consumer income rises.

A) Veblen good B) normal good
C) exclusive good D) inferior good
 
Answer & Explanation Answer: D) inferior good

Explanation:
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Q:

The ________ curve represents the demand of all consumers in the market taken together at different levels of the price of the good.

A) monotonic B) indifferent
C) market demand D) diminishing
 
Answer & Explanation Answer: C) market demand

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Q:

In the following questions, the sentence given with blank to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it by selecting the appropriate option.

Literature is a _____ through which a person conveys his ideas towards or protest _____ different norms of society. The words that deal with a _____ issue are of particular importance in literature. They are _____ with a particular purpose in _____.

of society. The words that deal with a _____ issue

A) broad B) insensitive
C) moral D) economical
 
Answer & Explanation Answer: C) moral

Explanation:
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Q:

Read the passage carefully and choose the best answer to each question out of the four alternatives and click the button corresponding to it.

The first working steam­ powered vehicle was designed and most likely built by Ferdinand Verbies, a Flemish member of a Jesuit mission in China around 1672. It was a 65 cm long scale­ model toy for the Chinese Emperor, that was unable to carry a driver or a passenger. It is not known if Verbiest's model was ever built. Nicolas- Joseph Cugnot is widely credited with building the first full­ scale, self ­propelled mechanical vehicle or automobile in about 1769; he also created a steam­ powered tricycle. He constructed two steam tractors for the French Army, one of which is preserved in the French National Conservatory of Arts and Crafts. His inventions were however handicapped by problems of water supply and maintaining steam pressure. In 1801, Richard Trevithick built and demonstrated his Puffing Devil road locomotive, believed by many to be the first demonstration of a steam ­powered road vehicle. It was unable to maintain sufficient steam pressure for long periods. Sentiment against steam ­powered road vehicles led to the Locomotive Acts of 1865. In 1807 Nicephore Niepce and his brother Claude probably created the world's first internal combustion engine which they called Pyreolophore.

The Pyreolophore was ?

A) A self­propelled mechanical vehicle B) A steam-­powered tricycle
C) A steam tractor D) The name of the world's first internal combustion engine
 
Answer & Explanation Answer: D) The name of the world's first internal combustion engine

Explanation:
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