Questions

Q:

India has signed the USD 200 million loan agreement with which bank for Assam Agribusiness and Rural Transformation project?

A) World Bank B) State Bank of India
C) New Development Bank D) Asian Development Bank
 
Answer & Explanation Answer: A) World Bank

Explanation:

India has signed the USD 200 million loan agreement with World Bank for Assam Agribusiness and Rural Transformation project. The project will help the Assam government to facilitate agribusiness investments, increase agriculture productivity and market access, and enable small farm holders produce crops that are resilient to recurrent floods or droughts in the state.

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Q:

Assumption island is located in which country?

A) Seychelles B) Maldives
C) Mauritius D) Sri Lanka
 
Answer & Explanation Answer: A) Seychelles

Explanation:

Assumption Island is located in Seychelles. Assumption Island is a small island situated southwest of Seychelles main and largest island of Mahe. It is situated very close to the Mozambique Channel from where much Indian Ocean maritime routes pass. Its location lends its strategic importance for monitoring shipping in the Mozambique Channel.

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Q:

Mission Indradhanush ­ a programme introduced recently in the country by the NDA Government is related to:

A) Systematic immunization of children against disease B) Providing insurance cover to farmers against crop failure
C) Development of fisheries in rural areas D) Development of multiple cropping in hilly region
 
Answer & Explanation Answer: A) Systematic immunization of children against disease

Explanation:
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Q:

Which is India's first defense satellite?

A) INSAT 2B B) GSAT - 7
C) GSAT - 6 D) IRS - 1A
 
Answer & Explanation Answer: B) GSAT - 7

Explanation:
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Q:

According to the Indian Constitution, who has the power to declare emergency ?

A) Prime Minister B) President
C) Chief Justice D) Parliament
 
Answer & Explanation Answer: B) President

Explanation:
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Q:

What is the old name of Singapore?

A) Temasek B) Myanmar
C) Ceylon D) Bohemia
 
Answer & Explanation Answer: A) Temasek

Explanation:
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Q:

Short run marginal cost curve cuts the short run average cost curve from _______ at the minimum point of short run average cost.

A) top B) below
C) right D) left
 
Answer & Explanation Answer: B) below

Explanation:
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Q:

If price of an article decreases from Rs 600 to Rs 500, when quantity demanded increases from 10000 units to 12000 units. Find point elasticity of demand?

A) -1.2 B) 1.2
C) -1.5 D) 1.5
 
Answer & Explanation Answer: A) -1.2

Explanation:
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