Q:

The G-20 Summit in November 2015 was organized in which European Country?

A) Germany	B) Turkey
C) France	D) Spain

Answer & Explanation Answer: B) Turkey

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Q:

Who has recently been appointed as the Chief of New Development Bank of BRICS country, has also served as the chairman of Infosys Ltd, and was non-Executive chairman of ICICI Bank in the past?

A) K.V. Kamath	B) Nandan Nilekani
C) Azim Premji	D) Chanda Kochhar

Answer & Explanation Answer: A) K.V. Kamath

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Q:

Which Metro Rail Corporation will lay vibration-absorbing tracks for the first time in India?

A) Mumbai Metro Rail Corporation	B) Noida Metro Rail Corporation
C) Kolkata Metro Rail Corporation	D) Delhi Metro Rail Corporation

Answer & Explanation Answer: A) Mumbai Metro Rail Corporation

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Q:

Calculate the current flowing through a resistor of 10 ohm when a potential difference of 140 v is applied across it.

A) 14 amp	B) 140 amp
C) 1400 amp	D) 1.4 amp

Answer & Explanation Answer: A) 14 amp

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Q:

Which of the following is not an assumption of perfect competition?

A) There are many buyers and sellers	B) Average total costs continually decrease.
C) The good sold by all sellers in the market is assumed to be homogeneous.	D) Buyers and sellers in the market are assumed to have perfect information.

Answer & Explanation Answer: B) Average total costs continually decrease.

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Q:

Inflation exists when

A) there is general increase in the prices over time.	B) there are periodic decreases in the price level.
C) there are continuous increases in the output level over time.	D) there is rise in the purchasing value of money.

Answer & Explanation Answer: A) there is general increase in the prices over time.

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Q:

Which of the following was built by the ancient Incas?

A) City of Petra	B) Hagia Sophia
C) Machu Picchu	D) Acropolis

Answer & Explanation Answer: C) Machu Picchu

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Q:

In the following question, sentence given with blank to be filled in with an appropriate word(s). Four alternatives are suggested for the question. Choose the correct alternative out of the four and indicate it by selecting the appropriate option.

The authorities would not ______ to the strikers' demands.

A) accept	B) accede
C) accession	D) access

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