Questions

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%

Explanation:
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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:

Which of the following can be used as a weapon of war and conflict?

A) Extreme economic dependence B) Trade sanctions
C) Currency manipulation D) Withdrawal of bilateraltreaties
 
Answer & Explanation Answer: B) Trade sanctions

Explanation:

This can be interpreted from these lines of the passage, “Sanctions also play a dramatic role as an offensive militaristic manoeuver” and "Indeed, economics is often used directly as a weapon of war and conflict via trade sanctions."

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Q:

What is the number of atoms constituting a molecule known as?

A) Atomicity B) Atomic mass
C) Atomic number D) Isotopes
 
Answer & Explanation Answer: A) Atomicity

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Q:

How are elements arranged in the Modern Periodic Table?

A) In the increasing order of their Molecular Mass B) In the increasing order of their Atomic Mass
C) In the increasing order of their Atomic Number D) In the increasing order of their Mass Number
 
Answer & Explanation Answer: B) In the increasing order of their Atomic Mass

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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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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 entry of foreign media has to be ______ by strict rules. Any intention to ______ the country politically or economically or any attempt at cultural ______ in order to make the country a slave to the designs of international powers would not be ______. If the foreign media is keen on making a presence on the Indian soil, respect for the country’s unity and ______ is essential.

 

The entry of foreign media has to be ______ by strict rules.

 

A) governed B) rejected
C) dejected D) retained
 
Answer & Explanation Answer: A) governed

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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'.

 

Being a well know scientist,(A)/he was invited to deliver(B)/a lecture on artificial intelligence.(C)/No error(D)

 

A) A B) B
C) C D) D
 
Answer & Explanation Answer: D) D

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