Q:

Who presented the first Union budget of independent India?

A) Morarji Desai	B) John Mathai
C) TT Krishnamachari	D) RK Shanmukham Chetty

Answer & Explanation Answer: D) RK Shanmukham Chetty

Explanation:

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Filed Under: Indian Economy
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Q:

As per Economic survey 2017-18, the percentage contribution of the services sector to India's GDP will be in the range of

A) Between 40-50%	B) Greater than 50%
C) Less than 30%	D) Between 30-40%

Answer & Explanation Answer: B) Greater than 50%

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Q:

Which one of the following with regard to Aridisol, one of the soil orders, is not correct?

A) Lack of water for plants during most part of the years	B) High organic matter
C) Large accumulation of carbonates at depth	D) Absence of deep wide cracks

Answer & Explanation Answer: B) High organic matter

Explanation:

All are correct except B as Aridisol is just like sand like soil as in Arid region e.g. In Rajasthan, so there will be very less amount of organic matter.

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Filed Under: Biology
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Q:

Which of the following states does not share a border with Myanmar?

A) Assam	B) Mizoram
C) Nagaland	D) Manipur

Answer & Explanation Answer: A) Assam

Explanation:

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Filed Under: Indian Geography
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Q:

Sambalpur is located in

A) Odisha	B) Uttarachand
C) Bihar	D) West Bengal

Answer & Explanation Answer: A) Odisha

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Q:

Irfaan loves black coffee. A roadside stall selling a cup of black coffee at Rs. 120, offered 25% discount to Irfaan. If Irfaan was willing to pay even Rs. 200 for this cup of black coffee, Irfaan's consumer surplus is

A) 90	B) 80
C) 30	D) 110

Answer & Explanation Answer: D) 110

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Q:

An exculpatory clause is generally unenforceable when

A) it involves public transportation.	B) it attempts to release a party from liability for ordinarily negligent behavior.
C) it is written clearly and in bold, large print.	D) the affected activity is a recreational activity.

Answer & Explanation Answer: A) it involves public transportation.

Explanation:

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Q:

In October 2017, SEBI directed the stock exchanges to impose how much fine/penalty on those companies which do not comply with the minimum public shareholding norms?

A) Rs 5000 per day	B) Rs 12,000 per day
C) Rs 15,000 per day	D) Rs 20,000 per day

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