Questions

Q:

In the following questions, one part of the sentence may have an error. Find out which part of the sentence has an error and click the button corresponding to it. If the sentence is free from error, click the "No error" option.

The mother(A)/yearns for(B)/her only child(C)/No Error(D)

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

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Q:

The sentences given with blanks are to be filled with an appropriate word(s). Four alternatives are suggested for each question. For each question, choose the correct alternative and click the button corresponding to it.

I haven't had _____ opportunity to study during the day.

A) very B) many
C) much D) more
 
Answer & Explanation Answer: C) much

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Q:

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.

To have at one's fingertips

A) To be very fast on the keyboard B) To be adroit with a percussion musical instrument
C) Recall of factual information at one's command D) To carefully note down minute details
 
Answer & Explanation Answer: C) Recall of factual information at one's command

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Q:

Which of the following is not true regard to Goods and Services Tax (GST) ?

A) It will replace luxury tax B) It is a direct tax
C) It will replace multiple taxes on a product or service D) It is an indirect tax
 
Answer & Explanation Answer: B) It is a direct tax

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Q:

PMVVY (Pradhan Mantri Vaya Vandana Yojana) pension limit extends to which timeline?

A) March, 2021 B) March, 2019
C) March, 2022 D) March, 2020
 
Answer & Explanation Answer: D) March, 2020

Explanation:

PMVVY (Pradhan Mantri Vaya Vandana Yojana) pension limit extends to March, 2020.
The Union Cabinet, chaired by Prime Minister Narendra Modi approved extending the investment limit from Rs 7.5 lakh to Rs 15 lakh under the Pradhan Mantri Vaya Vandana Yojana (PMVVY).
It also extended the last date for a subscription to the scheme till March 31, 2020. The time limit was earlier supposed to end on May 4, 2018.
The PMVVY is being implemented through Life Insurance Corp (LIC) to provide social security during old age and protect the elderly aged 60 years and above against a future fall in their interest income due to uncertain market conditions. The scheme provides an assured pension based on a guaranteed rate of return of 8 percent per annum for 10 years.

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Q:

Which of the following is called GDP Deflator?

A) Ratio of nominal to real GDP B) Ratio of nominal to real GNP
C) Ratio of nominal to real CPI D) Ratio of real to nominal GNP
 
Answer & Explanation Answer: A) Ratio of nominal to real GDP

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Q:

In 2015, the real rate of interest in a country was 6% and the inflation rate then was 3%. So the nominal rate of interest in 2015 was

A) 3% B) 6%
C) 9% D) 12%
 
Answer & Explanation Answer: C) 9%

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Q:

In the following question, out of the four alternatives, select the word opposite in meaning to the word given.
Intrepid

A) Greed B) Kind
C) Meek D) Sigh
 
Answer & Explanation Answer: C) Meek

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