Questions

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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Q:

What is the present Personal Income Tax exemption limit for male individuals below 60 years of age & HUF (FY 2015-16)?

A) Rs. 2.5 lakhs B) Rs. 3 lakhs
C) Rs. 1.5 lakhs D) Rs. 4 lakhs
 
Answer & Explanation Answer: A) Rs. 2.5 lakhs

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Q:

In which year was the Aam Aadmi Party founded?

A) 2010 B) 2011
C) 2012 D) 2013
 
Answer & Explanation Answer: C) 2012

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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 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
 
Answer & Explanation Answer: D) Calcutta High Court

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Q:

Reema wants to buy a certain designer party dress. The shop is offering a discount of 20% on that dress which is marked at Rs 5000. If Reema was willing to pay even Rs 7000 for that dress, Reema's consumer surplus is

A) Rs 3000 B) Rs 2000
C) Rs 1000 D) Rs 7000
 
Answer & Explanation Answer: A) Rs 3000

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Q:

Who is the only Indian economist to have won the Nobel prize?

A) Avinash Dixit B) Amit Mishra
C) Amartya Sen D) Abhijit Banerjee
 
Answer & Explanation Answer: C) Amartya Sen

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