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Q:

The  Most  Favoured  Nation  (MFN)  Clause under   WTO   regimeis   based   on   the principle of 

A) non-discrimination between nations B) discrimination between nations
C) differential  treatment  between  locals and foreigners D) uniform tariff across commodities
 
Answer & Explanation Answer: A) non-discrimination between nations

Explanation:

In   Most-favoured-nation countries cannot normally discriminate between their trading partners.

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Filed Under: General Awareness
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Q:

The 'Father of Indian Space Program' is

A) Dr. A.P.J. Abdul kalam B) Dr. Vikram A. Sarabhai
C) Dr. K. Kasturirangan D) Prof. Satish Dhawan
 
Answer & Explanation Answer: B) Dr. Vikram A. Sarabhai

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Q:

A minimum wage _____.

A) is the price floor below which workers may not sell their labor B) is set at a price below the equilibrium wage
C) creates a price ceiling below which the wage cannot legally go D) decreases unemployment
 
Answer & Explanation Answer: A) is the price floor below which workers may not sell their labor

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Filed Under: Indian Economy
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Q:

Thumba in Kerala is famous because ___.

A) it has several tea gardens B) it has backwaters and lagoons
C) it is a rocket launching station D) it has an ayurvedic centre
 
Answer & Explanation Answer: C) it is a rocket launching station

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Filed Under: Indian Geography
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Q:

Which Indian-American is the chairman of the prestigious Federal Communications Commission (FCC) of the United States as of March 2018?

A) Neomi Rao B) Seema Verma
C) Ajit Pai D) Neil Chatterjee
 
Answer & Explanation Answer: C) Ajit Pai

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Q:

The simple interest on a sum for 5 years is two­fifth of the sum. The rate of interest per annum is

A) 0.1 B) 0.08
C) 0.06 D) 0.04
 
Answer & Explanation Answer: B) 0.08

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Filed Under: Quantitative Aptitude - Arithmetic Ability
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Q:

A man has some hens and some cows. If the total number of heads of hens and cows together is 50 and the nunber of feet of hens and cows together is 142, then the number of cows is

A) 21 B) 25
C) 27 D) 29
 
Answer & Explanation Answer: A) 21

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Filed Under: Quantitative Aptitude - Arithmetic Ability

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Q:

What is the effective discount (in %) on two successive discounts of 20% and 10%?

A) 30 B) 32
C) 35 D) 28
 
Answer & Explanation Answer: D) 28

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Filed Under: Quantitative Aptitude - Arithmetic Ability
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