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Q:

In December 2017, Mid-Term Review of the Foreign Trade Policy (FTP) was released. The review announced how much percent increase each in incentive rates of
Merchandise Exports from India Scheme and Services Export from India Scheme?

A) 5% B) 10%
C) 2% D) 15%
 
Answer & Explanation Answer: C) 2%

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Filed Under: Indian Economy
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Q:

The account receivable turnover measures

A) How often, on average receivables are received and collected during the period B) How long it takes to sell accounts receivable to a factor
C) The relation of cash sales to credit sales D) How long it takes to sell merchandise inventory
 
Answer & Explanation Answer: A) How often, on average receivables are received and collected during the period

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Q:

Which of the following is considered a "diversified" investment?

A) Index Fund B) Mutual Fund
C) Both of these D) Neither of these
 
Answer & Explanation Answer: C) Both of these

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Filed Under: Indian Economy
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Q:

In economic equilibrium _____

A) supply is equal to the demand. B) the surplus is larger than the shortage.
C) elasticity of demand equals elasticity of supply D) price elasticity of demand is unity
 
Answer & Explanation Answer: A) supply is equal to the demand.

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Q:

Reema wants to buy a certain designer party dress. The shop is offering a discount of 20% on that dress which is marked at Rs 5000. If Reema was willing to pay even Rs 7000 for that dress, Reema's consumer surplus is

A) Rs 3000 B) Rs 2000
C) Rs 1000 D) Rs 7000
 
Answer & Explanation Answer: A) Rs 3000

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Q:

Who was the first Indian to win the 52nd Capablanca Memorial Chess tournament at at Cuba?

A) Adhiban Baskaran B) Pentala Harikrishna
C) K Srikanth D) Krishnan Saikiran  
 
Answer & Explanation Answer: D) Krishnan Saikiran  

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Filed Under: Sports
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Q:

Kalindi is another name of the river

A) Ganges B) Bhagirathi
C) Yamuna D) Brahmaputra
 
Answer & Explanation Answer: C) Yamuna

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Filed Under: General Awareness
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Q:

On 5 January 2018, Lok Sabha passed High Court and Supreme Court Judges (Salaries and Conditions of Service) Amendment Bill, 2017. The Bill seeks to amend ______

A) High Court Judges (Salaries and Conditions of Service) Act, 1954   B) High Court Judges (Salaries and Conditions of Service) Act, 1964  
C) High Court Judges (Salaries and Conditions of Service) Act, 1975   D) High Court Judges (Salaries and Conditions of Service) Act, 1980  
 
Answer & Explanation Answer: A) High Court Judges (Salaries and Conditions of Service) Act, 1954  

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Filed Under: Indian Politics
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