Questions

Q:

Who authored the book titled ‘Lincoln in the Bardo’, which won the Man Booker Prize 2017?

A) George Saunders B) Eliza Robertson
C) John Grisham D) Stephen Alter
 
Answer & Explanation Answer: A) George Saunders

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Q:

Who has been named as the first ever 'Kid of the Year' by TIME Magazine?

A) Udit Singhal B) Krishna Tirath
C) Sadat Rahman D) Gitanjali Rao
 
Answer & Explanation Answer: D) Gitanjali Rao

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Q:

According to Indian Constitution, there are three organs of government. Which among the following is/are NOT an organ/organs of it?

I. The legislature

II. The Media

III. The Judiciary

 

A) Only I B) Only II
C) Only III D) Only I and III
 
Answer & Explanation Answer: B) Only II

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Q:

On 24 January 2018, the Ministry of Women and Child Development launched a web based Rapid Reporting System for the ______.

A) Scheme for Adolescent Girls B) Scheme for Widow women
C) Scheme for Acid attack victims D) Scheme for divorced women
 
Answer & Explanation Answer: A) Scheme for Adolescent Girls

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Q:

Which country has banned cotton imports from China citing 'Slave labour'?

A) Russia B) United Kingdom
C) India D) United States
 
Answer & Explanation Answer: D) United States

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Q:

Which one of the following events is not correctly matched with the year in which it happened?

A) Inauguration of the SWIFT system of electronic inter bank fund transfers worldwide—1985 B) Conclusion of the Uruguay Round of GATT—1994
C) Inauguration of the World Trade Organization—1995 D) Establishment of the first wholly electronic stock exchange (Nasdaq)—1971
 
Answer & Explanation Answer: A) Inauguration of the SWIFT system of electronic inter bank fund transfers worldwide—1985

Explanation:

•SWIFT was founded in the 1970s, based on the ambitious and innovative vision of creating a global financial messaging service, and a common language for international financial messaging.

•The Uruguay Round was the 8th round of multilateral trade negotiations (MTN) conducted within the framework of the General Agreement on Tariffs and Trade (GATT), spanning from 1986 to 1994 and embracing 123 countries as "contracting parties".

•The World Trade Organization (WTO) is an intergovernmental organization that regulates international trade. The WTO officially commenced on 1 January 1995 under the Marrakesh Agreement.

•Founded by the National Association of Securities Dealers, the NASDAQ began trading on February 8, 1971, as the world's first electronic stock market.

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Q:

In which of the following countries militants killed more than 230 people attacking at a mosque on 24th November, 2017?

A) Pakistan B) Afghanistan
C) Iran D) Egypt
 
Answer & Explanation Answer: D) Egypt

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Q:

The average variable cost curve is ____ shaped.

A) U B) V
C) X D) W
 
Answer & Explanation Answer: A) U

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Filed Under: Indian Economy
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