Questions

Q:

Calculate the economic profit for a firm if its total revenues are Rs 180 crores, explicit costs are Rs 95 crores, and implicit costs are Rs 25 crores.

A) Rs 110 crores B) Rs 300 crores
C) Rs 60 crores D) Rs 250 crores
 
Answer & Explanation Answer: C) Rs 60 crores

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Filed Under: Indian Economy
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Q:

Which of the following is false?

A) Hydrogen atom is roughly a third of the mass of tritium B) Deuterium is called heavy hydrogen
C) Deuterium atom has 1 neutron D) Protium is the rarest isotope of hydrogen
 
Answer & Explanation Answer: D) Protium is the rarest isotope of hydrogen

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Filed Under: Chemistry
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Q:

Which one of the following events is not correctly matched with the year in which it happened?

A) Inauguration of the SWIFT system of electronic inter bank fund transfers worldwide—1985 B) Conclusion of the Uruguay Round of GATT—1994
C) Inauguration of the World Trade Organization—1995 D) Establishment of the first wholly electronic stock exchange (Nasdaq)—1971
 
Answer & Explanation Answer: A) Inauguration of the SWIFT system of electronic inter bank fund transfers worldwide—1985

Explanation:

•SWIFT was founded in the 1970s, based on the ambitious and innovative vision of creating a global financial messaging service, and a common language for international financial messaging.

•The Uruguay Round was the 8th round of multilateral trade negotiations (MTN) conducted within the framework of the General Agreement on Tariffs and Trade (GATT), spanning from 1986 to 1994 and embracing 123 countries as "contracting parties".

•The World Trade Organization (WTO) is an intergovernmental organization that regulates international trade. The WTO officially commenced on 1 January 1995 under the Marrakesh Agreement.

•Founded by the National Association of Securities Dealers, the NASDAQ began trading on February 8, 1971, as the world's first electronic stock market.

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Q:

Study the Bar diagram carefully and answer the questions. The Bar diagram shows the trends of foreign direct investment (FDI) into India from all over the World (in Rs. crores).

The ratio of investment in 1997 to the average investment is

A) 2:1 B) 1:2
C) 1:1 D) 3:1
 
Answer & Explanation Answer: A) 2:1

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Q:

Who was the first chairman of ISRO?

A) Kasturirangan B) Vikram Sarabhai
C) Homi K. Bhabha D) C.V. Raman
 
Answer & Explanation Answer: B) Vikram Sarabhai

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Q:

There are total _________ parliamentary seats (Rajya Sabha constituency) in Odisha.

A) 11 B) 19
C) 10 D) 1
 
Answer & Explanation Answer: C) 10

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Filed Under: Indian Politics
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Q:

Who was the first President of the Indian National Congress?

A) Womesh Chunder Bonnerjee B) Bal Gangadhar Tilak
C) Allan Octavian Hume D) Dadabhai Naorji
 
Answer & Explanation Answer: A) Womesh Chunder Bonnerjee

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Q:

Which Indian badminton player won the silver medal in the 2016 Rio Olympics?

A) Sania Mirza B) PV Sindhu
C) Saina Nehwal D) Rituparna Das
 
Answer & Explanation Answer: B) PV Sindhu

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Filed Under: Sports
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