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Q:

Who among the following is the vice-chairman of NITI Aayog as of 2018?

A) Narendra Modi B) Ajit Tyagi
C) Rajiv Kumar D) Arving Panagariya
 
Answer & Explanation Answer: C) Rajiv Kumar

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Q:

Nitrogen fixation is a process of

A) Assimilation of nitrate B) Utilisation of nitrogen gas
C) Conversion of organic nitrogen to proteins D) Conversion of molecular nitrogen to ammonia
 
Answer & Explanation Answer: C) Conversion of organic nitrogen to proteins

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Q:

From which of the following, is the GDP of a country not derived from?

A) Agricultural sector B) Industrial sector
C) International sector D) Service sector
 
Answer & Explanation Answer: C) International sector

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Q:

Which of the following brings out the 'Consumer Price Index Number' for Industrial workers?

A) RBI B) The Labour Bureau
C) Commerce Department D) NITI Ayog
 
Answer & Explanation Answer: B) The Labour Bureau

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Q:

Calculate the accounting profits for a firm, if its economic profits for the year are Rs 60 crores, total implicit costs are Rs 18.5 crores and total explicit costs are Rs 35 crores

A) Rs 113.5 crores B) Rs 43.5 crores
C) Rs 76.5 crores D) Rs 78.5 crores
 
Answer & Explanation Answer: D) Rs 78.5 crores

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Q:

___________________________ is an Indian Government Savings Bond, primarily used for small savings and income tax saving investments in India.

A) Provident Fund B) Life Insurance Policies
C) National Saving Certificate D) Long term government bonds
 
Answer & Explanation Answer: C) National Saving Certificate

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Q:

Which of the following best defines disposable income?

A) income received by households less personal taxes B) the before-tax income received by households
C) all income earned by resource suppliers for their current contributions to production D) the market value of the annual output net of consumption of fixed capital
 
Answer & Explanation Answer: A) income received by households less personal taxes

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Q:

Which Indian stock exchange is planning to launch its own Initial Public Offering (IPO)?

A) Saurashtra Kutch Stock Exchange (SKSE) B) National Stock Exchange (NSE)
C) Cochin Stock Exchange (CoSE) D) Bombay Stock Exchange (BSE)
 
Answer & Explanation Answer: B) National Stock Exchange (NSE)

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