Questions

Q:

Which   one   of   the   following   is   not   a component  of  Revenue  Receipts  of  the Union Government?

A) Corporate tax receipts B) Dividends and profits
C) Disinvestment receipts D) Interest receipts
 
Answer & Explanation Answer: C) Disinvestment receipts

Explanation:

Revenue    receipts    are    regular source of Government of India, but Disinvestment   receipts   are   not regular    source    of    Income    of Government  and  all  other  given are regular

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Filed Under: Indian Economy
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Q:

Reema wants to buy a certain designer party dress. The shop is offering a discount of 20% on that dress which is marked at Rs 5000. If Reema was willing to pay even Rs 7000 for that dress, Reema's consumer surplus is

A) Rs 3000 B) Rs 2000
C) Rs 1000 D) Rs 7000
 
Answer & Explanation Answer: A) Rs 3000

Explanation:
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Q:

Who is the only Indian economist to have won the Nobel prize?

A) Avinash Dixit B) Amit Mishra
C) Amartya Sen D) Abhijit Banerjee
 
Answer & Explanation Answer: C) Amartya Sen

Explanation:
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Q:

Economics assumes that

A) people have unlimited desires but limited resources B) people have limited desires but unlimited resources
C) allocation of resources if not centrally planned will cause inefficiency D) people are emotional and make irrational decisions
 
Answer & Explanation Answer: A) people have unlimited desires but limited resources

Explanation:
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Q:

In 2016, the State Bank of India launched a new product called 'SBI Exclusif'. What is the financial nature of this product?

A) Insurance B) Mutual Fund Offering
C) Wealth Management D) Recurring Deposit Scheme
 
Answer & Explanation Answer: C) Wealth Management

Explanation:
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Q:

Which of the following meals is NOT obtained by reduction using carbon?

A) Copper B) Sodium
C) Iron D) Zinc
 
Answer & Explanation Answer: B) Sodium

Explanation:
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Filed Under: Chemistry
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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select 'No Error'.

 

Being a well know scientist,(A)/he was invited to deliver(B)/a lecture on artificial intelligence.(C)/No error(D)

 

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

Explanation:
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Filed Under: English
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Q:

In the following question, a sentence has been given in Direct/Indirect speech. Out of the four alternatives suggested, select the one, which best express the same sentence in Indirect/Direct speech.

Ajit said to the policeman, 'What have I done to deserve so severe a punishment?'

 

A) Ajit asked the policeman that, what he has done to be deserving so severe a punishment. B) Ajit asked the policeman that, what he has done to deserve so severe a punishment.
C) Ajit asked the policeman that, what he had done to deserve so severe a punishment. D) Ajit asked the policeman what he had done to deserve so severe a punishment.
 
Answer & Explanation Answer: D) Ajit asked the policeman what he had done to deserve so severe a punishment.

Explanation:
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