Questions

Q:

In August 2017, RBI announced to transfer approximately how much amount for the Financial Year 2016-17 as a dividend to the Government?

A) Rs 30,659 crore B) Rs 50,650 crore
C) Rs 60,659 crore D) Rs 70,659 crore
 
Answer & Explanation Answer: A) Rs 30,659 crore

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Q:

What was India’s rank in the Educational Attainment pillar as per the Global Gender Gap report 2017?

 

A)  139 B)  112
C)  141 D)  15
 
Answer & Explanation Answer: B)  112

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Q:

__________ says that if we keep increasing the employment of an input, with other inputs fixed, eventually a point will be reached after which the resulting addition to output (i.e., marginal product of that input) will start falling.

A) Law of diminishing marginal product B) Law of variable proportions
C) The Short Run D) The Long Run
 
Answer & Explanation Answer: A) Law of diminishing marginal product

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Q:

Insure payment of minimum wages for tea leave pickers

A) will improve quality of tea. B) will reduce unemployment of tea leave pickers.
C) decreases unemployment. D) will increase picking cost for all tea companies.
 
Answer & Explanation Answer: D) will increase picking cost for all tea companies.

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Q:

As per the announcement by the government in August 2017, Banks importing gold and precious metals will have to pay ______ tax under the GST.

 

A) 5%   B) 10%  
C) 3%   D) 8%
 
Answer & Explanation Answer: C) 3%  

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Q:

Which of the following is present in the centre of a flower?

A) Carpel B) Sepals
C) Petals D) Stamen
 
Answer & Explanation Answer: A) Carpel

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Q:

In the given question, an idiom/phrase highlighted in bold is given in a sentence. Choose the most suitable meaning of the idiom/phrase.

The prisoners broke out of jail when the guards weren’t looking

A) Raised B) Surrenderd
C) Escaped D) Perpetuated
 
Answer & Explanation Answer: C) Escaped

Explanation:

A forcible escape from a prison is called a breakout. The correct answer is option 3. Perpetuate means to preserve or continue. Hence option 3 is the correct response.

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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 asentence is free from error, select 'No Error'.

Internet Service Providers (ISPs) should provide us (1)/ with open networks and should not block or discriminate for (2)/ any application or content that rides overthose networks. (3)/ No error (4)

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: B) 2

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