Questions

Q:

The change in the optimal quantity of a good when its price changes and the consumer’s income is adjusted so that she can just buy the bundle that she was buying before the price change is called?

A) Law of demand B) Substitution effect
C) Problem of choice D) Optimal choice
 
Answer & Explanation Answer: B) Substitution effect

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Filed Under: Indian Economy
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Q:

Which of the following is not an assumption of perfect competition?

A) There are many buyers and sellers B) Average total costs continually decrease.
C) The good sold by all sellers in the market is assumed to be homogeneous. D) Buyers and sellers in the market are assumed to have perfect information.
 
Answer & Explanation Answer: B) Average total costs continually decrease.

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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select 'No Error'.
Our office building comprises (1)/ seven floors and a restaurant at the top in an (2)/ area of about eight hundred sq. metres. (3)/ No Error (4)

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: B) 2

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Q:

Kolleru Lake, located in the southern state of Andhra Pradesh, is located at the delta of two rivers. Which are the rivers?

A) Krishna and Cauvery B) Tungabhadra and Chitravathi
C) Godavari and Mahanadi D) Godavari and Krishna
 
Answer & Explanation Answer: D) Godavari and Krishna

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Filed Under: Indian Geography
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Q:

Which sport has the highest rank of Yokozuna?

A) Sumo wrestling B) Judo
C) Jujitsu D) Kendo
 
Answer & Explanation Answer: A) Sumo wrestling

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Filed Under: Sports
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Q:

In July 2017, the Central Government has set the investment limit per fiscal year for ‘Hindu Undivided Family’ to ______ kg under ‘Sovereign Gold Bonds Scheme’.

A) 2 B) 10
C) 4 D) 15
 
Answer & Explanation Answer: C) 4

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Filed Under: General Awareness
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Q:

‘Mentor India’ Compaign is an initiative to engage leaders who can guide and mentor students at ‘Atal Tinkering Labs’ across the country. Who launched‘Mentor India’ Campaign?

A) NASSCOM B) ASSOCHAM
C) NITI Aayog D) SEBI
 
Answer & Explanation Answer: C) NITI Aayog

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Filed Under: Indian Politics
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Q:

In the following passage some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.


The "Global Nutrition Report 2016" once again ____________ India's slow overall progress ____________ addressing chronic malnutrition, manifest in stunting (low weight for age), wasting (low weight for height), micronutrient __________ and over­weight. Our track _________ in reducing the proportion of undernourished children over the past decade has been modest at best, and _____________ what other countries with comparable socio­economic indicators have achieved.


and _____________ what other countries with comparable socio­economic indicators

A) leads B) fails
C) lags D) falters
 
Answer & Explanation Answer: C) lags

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