Questions

Q:

If price of an article decreases from Rs 80 to Rs 60, quantity demanded increases from 600 units to 750 units. Find point elasticity of demand?

A) -1 B) 1
C) -1.25 D) 1.25
 
Answer & Explanation Answer: A) -1

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Q:

In April 2017, N. K. Singh Committee recommended a fiscal deficit of how much percent of GDP by Financial Year 2022-23?

A) 2.50% B) 3.00%
C) 3.50% D) 4.00%
 
Answer & Explanation Answer: A) 2.50%

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Q:

Which of the following scientists gave the law that governs the force of attraction/repulsion between two charged particles?

A) Charles Dufay B) Michael Faraday
C) Archimedes D) Charles Coulomb
 
Answer & Explanation Answer: D) Charles Coulomb

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Q:

Some amount of plasma, proteins and blood cells escape through the pores present in the walls of capillaries into the intercellular spaces in the tissue and form ______.

 

A) heparin B) lymph
C) platelet   D) protein
 
Answer & Explanation Answer: B) lymph

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Q:

In the presence of which of the following, does the President takes Oath?

A) Vice-­President B) Lok Sabha Speaker
C) Chief Justice of India D) Attorney General
 
Answer & Explanation Answer: C) Chief Justice of India

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Q:

FERA stands for 

A) Foreign Exchange Regulation Agency B) Foreign Exchange Repulsive Agent
C) Foreign Expert Regulation Act D) Foreign Exchange Regulation Act
 
Answer & Explanation Answer: D) Foreign Exchange Regulation Act

Explanation:

FERA stands for Foreign Exchange Regulation Act.

 

  • It came into existence in 1973.
  • FERA lays emphasis on the regulation of currencies.

 

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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:

Diamond does not conduct electricity, because

A) It's structure is very compact B) It is of crystalline nature
C) There are only carbon atoms present in it D) No free electrons are present in it
 
Answer & Explanation Answer: D) No free electrons are present in it

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