Q:

In economic equilibrium _____

A) supply is equal to the demand.	B) the surplus is larger than the shortage.
C) elasticity of demand equals elasticity of supply	D) price elasticity of demand is unity

Answer & Explanation Answer: A) supply is equal to the demand.

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Filed Under: Indian Economy
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Q:

In 2016, the State Bank of India launched a new product called 'SBI Exclusif'. What is the financial nature of this product?

A) Insurance	B) Mutual Fund Offering
C) Wealth Management	D) Recurring Deposit Scheme

Answer & Explanation Answer: C) Wealth Management

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Q:

Sound CANNOT travel through

A) Air	B) Vacuum
C) Liquid	D) Solid

Answer & Explanation Answer: B) Vacuum

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Filed Under: Physics
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Q:

In April 2017, on the birth anniversary of Dr. B. R. Ambedkar which body announced the winners of Lucky Draw Schemes like ‘Lucky Grahak Yojana’ and ‘Digi-Dhan Vyapar Yojana’?

A) Reserve Bank of India	B) State Bank of India
C) National Payments Corporation of India	D) No option is correct

Answer & Explanation Answer: C) National Payments Corporation of India

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Filed Under: Indian Politics
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Q:

On January 16, 2018 the Supreme Court ruled the attacks and interference on adults opting for inter-caste marriage as ‘absolutely illegal’ in the petition filed by which NGO in 2010?

A) PRATHAM	B) Shakti Vahini
C) Goonj	D) Sammaan

Answer & Explanation Answer: B) Shakti Vahini

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Q:

Which of the following is an anthropology museum that presents an integrated story of the evolution of man and culture with special reference to India?

A) The Indira Gandhi Sangrahalaya(IGS)	B) The Indira Gandhi Jantu Sangrahalaya(IGJS)
C) The Indira Gandhi Pustak Sangrahalaya(IGPS)	D) The Indira Gandhi Rashtriya Manav Sangrahalaya(IGRMS)

Answer & Explanation Answer: D) The Indira Gandhi Rashtriya Manav Sangrahalaya(IGRMS)

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Q:

Which of the following countries became the first to withdraw from the International Criminal Court (ICC) with effect from 27 October, 2017?

A) Burundi	B) Syria
C) Russia	D) Ukraine

Answer & Explanation Answer: A) Burundi

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Q:

Which is the oldest High Court in India?

A) Bombay High Court	B) Madras High Court
C) Allahabad High Court	D) Calcutta High Court

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