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Q:

What will you call a system of taxation under which the poorer sections are taxed at higher rates than the richer sections?

A) Progressive tax B)  Proportional tax
C) Regressive tax D)  Degressive tax
 
Answer & Explanation Answer: C) Regressive tax

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Q:

Trickle down theory ignores the impact of economic growth on

A) Investment B) Savings
C) Income distribution D) consumption
 
Answer & Explanation Answer: C) Income distribution

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Q:

In the following question, a sentence has been given in Active/Passive voice. Out of the four alternatives suggested, select the one which best expresses the same sentence in Passive/Active voice.
Who teaches you Mathematics?

A) By whom are you taught Mathematics? B) By whom were you taught Mathematics?
C) By whom will you be taught Mathematics? D) Mathematics is taught by whom?
 
Answer & Explanation Answer: A) By whom are you taught Mathematics?

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Q:

Reinsurance is the name given to:

A) An individual taking insurance for the second time B) An insurer placing insurance with another insurer
C) When government by insurance policies for government employees D) All the above
 
Answer & Explanation Answer: B) An insurer placing insurance with another insurer

Explanation:

Reinsurance is insurance that is purchased by an insurance company from one or more insurance companies (the "reinsurer") directly or through a broker as a means of risk management.

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Q:

By definition, Antarctica is considered what type of landscape?

A) ice shelf B) desert
C) bay D) iceberg
 
Answer & Explanation Answer: D) iceberg

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Q:

Syntax Errors are determined by

A) Interpreter B) ALU
C) Logic Unit D) Control Unit
 
Answer & Explanation Answer: D) Control Unit

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Q:

What are the main components of Bronze Alloy?

A) Copper and Zinc B) Copper and Tin
C) Zinc and Nickel D) Aluminium and Nickel
 
Answer & Explanation Answer: B) Copper and Tin

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Q:

Which one of the following statements about the National Adaptation Fund for Climate Change is not correct?

A) The fund is meant to assist national and State level activities to meet the cost of adaptation measures. B) This scheme has been taken as a Central Sector Scheme.
C) The Indian Council of Agricultural Research is the national implementing entity for the fund. D) The scheme has been in force since
 
Answer & Explanation Answer: C) The Indian Council of Agricultural Research is the national implementing entity for the fund.

Explanation:

Government has established the National Adaptation Fund on Climate Change (NAFCC) with a budget provision of Rs.350 crores for the year 2015-16 and 2016-17, with an estimated requirement of Rs.181.5 crores for financial year 2017-18. The objective of the fund is to assist State and Union Territories that are particularly vulnerable to the adverse effects of climate change in meeting the cost of adaptation. The National Bank for Agriculture and Rural Development (NABARD) has been appointed as National Implementing Entity (NIE) responsible for implementation of adaptation projects under the (NAFCC).

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