Q:

What is the local name given to the parliament of Pakistan?

A) Majilis	B) Majilis-e-Shoora
C) Saeima-e-majilis	D) Jatia Parliament

Answer & Explanation Answer: B) Majilis-e-Shoora

Explanation:

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Q:

As of February 2018, who owns the Hyderabad-based IPL team 'Sun Risers Hyderabad'?

A) Deccan Chronicle Newspaper	B) Kalanidhi Maran
C) Chandrababu Naidu	D) Chiranjeevi

Answer & Explanation Answer: B) Kalanidhi Maran

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Q:

Article 27 of the Indian Constitution "Freedom as to payment of taxes for promotion of any particular religion" deals with?

A) the Union Government	B) the State Government
C) the directive principles of state policy	D) the fundamental rights of the Indian Citizen

Answer & Explanation Answer: D) the fundamental rights of the Indian Citizen

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Q:

There are total _________ parliamentary seats (Rajya Sabha constituency) in Punjab.

A) 7	B) 1
C) 18	D) 10

Answer & Explanation Answer: A) 7

Explanation:

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Q:

FERA stands for

A) Foreign Exchange Regulation Agency	B) Foreign Exchange Repulsive Agent
C) Foreign Expert Regulation Act	D) Foreign Exchange Regulation Act

Answer & Explanation Answer: D) Foreign Exchange Regulation Act

Explanation:

FERA stands for Foreign Exchange Regulation Act.

It came into existence in 1973.
FERA lays emphasis on the regulation of currencies.

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Q:

When the demand for a good increases with an increase in income, such a good is called_______

A) Superior good	B) Giffin good
C) Inferior good	D) Normal good

Answer & Explanation Answer: A) Superior good

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Q:

If price of an article decreases from Rs 80 to Rs 60, quantity demanded increases from 600 units to 750 units. Find point elasticity of demand?

A) -1	B) 1
C) -1.25	D) 1.25

Answer & Explanation Answer: A) -1

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Q:

India's largest renewable energy park would be located in

A) Gujarat	B) Tamil Nadu
C) Rajasthan	D) Punjab

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