Questions

Q:

On 10 April 2017, Lok Sabha Passed the Motor Vehicles Act (Amendment) Bill, 2016. Under the new provisions, the compensation for death increased from Rs 25,000 to ______

A) Rs 2 lakh or more B) Rs 5 lakh or more
C) Rs 10 lakh or more D) Rs 15 lakh or more
 
Answer & Explanation Answer: A) Rs 2 lakh or more

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Q:

Fiscal policy in India is formulated by

A) Reserve Bank of India B) Planning Commission
C) Finance Ministry D) SEBI
 
Answer & Explanation Answer: C) Finance Ministry

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Q:

As envisaged in the Constitution of India with respect to the Supreme Court (Number of Judges) Amendment Act, 2008 (11 of 2009), there shall be a Supreme Court of India consisting of a Chief Justice of India, and not more than ___ other judges.

A) 40 B) 10
C) 20 D) 30
 
Answer & Explanation Answer: D) 30

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Q:

Which of the following sportspersons recently wrote the autobiographical book 'Ace Against Odds'?

A) Saina Nehwal B) Anil Kumble
C) Yuvraj Singh D) Sania Mirza
 
Answer & Explanation Answer: D) Sania Mirza

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Q:

Find the odd word/letters/number pair from the given alternatives.

A) 15 ­ 21 B) 32 ­ 41
C) 22 ­ 27 D) 31 ­ 35
 
Answer & Explanation Answer: A) 15 ­ 21

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Q:

India was able to achieve the fiscal deficit target for the Financial Year 2016-17. It was how much percent of GDP?

A) 3.50% B) 4.20%
C) 3.00% D) 2.50%
 
Answer & Explanation Answer: A) 3.50%

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Q:

Micro economics deals with

A) the circular flow of income B) the decision making of a single economic variable like demand
C) understanding unemployment D) economic growth
 
Answer & Explanation Answer: B) the decision making of a single economic variable like demand

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Q:

Under GST regime, in ‘Composition Scheme’, taxpayers have to fill returns ______.

A) Monthly B) Half-yearly
C) Quarterly D) Bi-Monthly
 
Answer & Explanation Answer: C) Quarterly

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