Questions

Q:

Who took charge as the Chief Minister of Goa after the 2017 elections?

A) Bharat Vir Wanchoo B) Manohar Parrikar
C) Churchill Alemao D) Dayanand Narvekar
 
Answer & Explanation Answer: B) Manohar Parrikar

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Q:

Which Schedule of Indian Constitution has provisions relating to disqualification of Member of Parliament on the ground of defection?

 

A) Seventh Schedule B) Eighth Schedule
C) Ninth Schedule D) Tenth Schedule
 
Answer & Explanation Answer: D) Tenth Schedule

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Q:

Find the odd word/letters/number pair from the given alternatives.

A) (85, 136) B) (34, 85)
C) (102, 153) D) (63, 162)
 
Answer & Explanation Answer: D) (63, 162)

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Q:

Who is the CEO of Flipkart in 2016?

A) Ananth Narayanan B) Mukesh Bansal
C) Binny Bansal D) Sachin Bansal
 
Answer & Explanation Answer: C) Binny Bansal

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Q:

The change in the optimal quantity of a good when its price changes and the consumer’s income is adjusted so that she can just buy the bundle that she was buying before the price change is called?

A) Law of demand B) Substitution effect
C) Problem of choice D) Optimal choice
 
Answer & Explanation Answer: B) Substitution effect

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Q:

Stagflation is defined as

A) low inflation, low growth, low unemployment B) high inflation, low growth, high unemployment
C) high inflation, high growth, high unemployment D) low inflation, high growth, low unemployment
 
Answer & Explanation Answer: B) high inflation, low growth, high unemployment

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Q:

The collection of all possible combinations of the goods and services that can be produced from a given amount of resources and a given stock of technological knowledge is called the ____________ of the economy.

A) Resource Probability Set B) Production Probability Set
C) Resource Possibility Set D) Production Possibility Set
 
Answer & Explanation Answer: D) Production Possibility Set

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Q:

In the following passage some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

The quest for a _____ life engrosses every human being on this earth. Everyman tends to define a happy life in a _____ individualistic fashion. _____have attempted to define a happy life in various terms. Hedonists have a _____ notion that happiness lies in the _____ of physical appetites.

_____have attempted to define a happy life

A) Professors B) Thinkers
C) Researchers D) Scientists
 
Answer & Explanation Answer: B) Thinkers

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