Questions

Q:

A passage with three blanks, followed by five options, each containing one word, is given. Choose the word that can fill all the three blanks.
An __________ is a process of buying and selling goods or services by offering them up for bid, taking bids, and then selling the item to the highest bidder. Participants bid openly against one another, with each subsequent bid required to be higher than the previous bid. An auctioneer may announce prices, bidders may call out their bids themselves (or have a proxy call out a bid on their behalf), or bids may be submitted electronically with the highest current bid publicly displayed. In a Dutch ____________, the auctioneer begins with a high asking price for some quantity of like items; the price is lowered until a participant is willing to accept the auctioneer's price for some quantity of the goods in the lot or until the seller's reserve price is met. In economic theory, an ____________ may refer to any mechanism or set of trading rules for exchange.

A) Assets B) Auction
C) Autarky D) Arbitrage
 
Answer & Explanation Answer: B) Auction

Explanation:

‘Assets’ mean things that have earning power or some other value to their owner. ‘Auction’ means a public sale in which goods or property are sold to the highest bidder. ‘Autarky’ refers to the idea that a country should be self-sufficient and not take part in international trade. ‘Arbitrage’ means the simultaneous buying and selling of securities, currency, or commodities in different markets or in derivative forms in order to take advantage of differing prices for the same asset. ‘Amortisation’ means the running down or payment of a loan by instalments. The given passage includes the presence of an ‘auctioneer’ who is defined as a person who conducts auctions by accepting bids and declaring goods sold. Thus, option 2 is the correct fit for all three blanks.

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Q:

India was ranked at which place among emerging economies on Inclusive Development Index (IDI-2018) released by World Economic Forum (WEF)?

 

A) 26th B) 47th
C) 62nd D) 81st
 
Answer & Explanation Answer: C) 62nd

Explanation:
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Filed Under: Indian Economy
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Q:

In the following items, each passage consists of six sentences. The first and the sixth sentence are given in the beginning as S1 and S6. The middle four sentences in each have been removed and jumbled up. These are labeled P, Q, R and S. You are required to find out the proper sequence of the four sentences and mark your response accordingly on the Answer Sheet.

S1 :Jumbo, the famous 3.3 metre elephant was born in Africa over a hundred years ago.
S6:Before his death in September 1882, he had been seen by over 20 million Americans.
P:After disembarkation in New York, he was taken in a procession to the place where he was to be kept.
Q:Another admirer was the famous American showman Barnum who bought it for a huge sum in February 1882.
R:Transported from his native land to London Zoo, he became a favourite of Queen Victoria.
S:He made his transatlantic voyage aboard SS Assyrian Monarch.

The proper sequence should be 

A) P Q R S  B) S R Q P
C) P S R Q D) R Q S P
 
Answer & Explanation Answer: D) R Q S P

Explanation:

The starting statement is talking about the birth of a 3 –3 metre elephant –Jumbo. So, the connecting statement would be discussing what happened after the birth. So statement R would be the next statement as it describes that he was transported to London; So, R being the first statement eliminates all other options. Thus, the correct sequence is RQSP.

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Q:

Warming Ammonium chloride with sodium hydrochloride in a test tube is an example of

A) Open system B) Closed system
C) Isobaric system D) Isothermal system
 
Answer & Explanation Answer: A) Open system

Explanation:
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Filed Under: Chemistry
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Q:

The sensitive information leaked in August 2016 concerns which one of the following defence platforms of India?

A) Fifty Generation Fighter Aircraft B) Combat Helicopters
C) Submarines D) Unmanned Aerial Vehicles
 
Answer & Explanation Answer: C) Submarines

Explanation:

In August 2016, The Government of India is seized of the reported leak of documents related to the ongoing Indian Scorpene submarine programme as reported in sections of the media. The documents that have been posted on the website by an Australian news agency have been examined and do not pose any security compromise as the vital parameters have been blacked out.

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Q:

Which of the following countries launched the World's most powerful GEO Spy Satellite - the 'Gaofen 4'?

A) Russia B) India
C) USA D) China
 
Answer & Explanation Answer: D) China

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Q:

Project 'Sankalp' started for the purpose____________

A) To eradicate illiteracy B) To eradicate Polio
C) To eliminate AIDS/HIV D) To eliminate unemployment
 
Answer & Explanation Answer: C) To eliminate AIDS/HIV

Explanation:
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Q:

Which Indian lake is renowned as the Lagoon lake of India?

A) Kanjia Lake B) Agra Lake
C) Mansar Lake D) Chilika lake
 
Answer & Explanation Answer: D) Chilika lake

Explanation:
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