Questions

Q:

What was the theme of 48th annual meeting of the World Economic Forum (WEF) which was held in Davos city?

 

A) Discover, remember and share B) Creating shared future in a fractured world world
C) Shared values, common destiny D) Connecting ships, ports and people
 
Answer & Explanation Answer: B) Creating shared future in a fractured world world

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Q:

Which one of the following countries does not have football as their national sport?

A) Ghana B) Hungary
C) Argentina D) Mauritius
 
Answer & Explanation Answer: C) Argentina

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Q:

Article 39A of the Indian Constitution "Equal justice and free legal aid" deals with?

A) the State Government B) the directive principles of state policy
C) the Union Government D) the fundamental rights of the Indian Citizen
 
Answer & Explanation Answer: B) the directive principles of state policy

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Q:

Article 12 to Article 35 of Indian Constitution mainly deals with Fundamental Rights, given in ______ of Indian Constitution.

 

A) Part I B) Part II
C) Part III   D) Part IV
 
Answer & Explanation Answer: C) Part III  

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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 RBI In October 2017, Gross Non-Performing Assets (GNPA) ratio for NBFCs increased to what percentage till March 2017?

 

A) 2 B) 5
C) 10 D) 20
 
Answer & Explanation Answer: B) 5

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Q:

The goal of expansionary fiscal policy is to increase

A) Unemployment B) The price level
C) Aggregate supply D) Real GDP
 
Answer & Explanation Answer: D) Real GDP

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