Q:

Saving is that portion of money income that is .....

A) spent for development of Industries	B) not spent on consumption
C) spent on health and education	D) spent for consumer durables

Answer & Explanation Answer: B) not spent on consumption

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Q:

The __________ exchange rate is the relative price of foreign goods in terms of domestic goods.

A) Artificial	B) Nominal
C) Fixed	D) Real

Answer & Explanation Answer: D) Real

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Q:

The economic way of thinking stresses that

A) incentives matter--individuals respond in predictable ways to changes in personal costs and benefits.	B) changes in personal costs and benefits generally fail to exert much impact on behavior.
C) if a good is provided by the government, its production will not consume valuable scarce resources.	D) if one individual gains from an economic activity, then someone else must lose and in the same proportion.

Answer & Explanation Answer: A) incentives matter--individuals respond in predictable ways to changes in personal costs and benefits.

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Q:

Which of the following elements replaced eka-Aluminium in Mendeleev's Periodic table?

A) Scandium	B) Gallium
C) Titanium	D) Germanium

Answer & Explanation Answer: B) Gallium

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Q:

Upanishad Books are: ________.

A) On religion	B) On yoga
C) On the law	D) On philosophy

Answer & Explanation Answer: D) On philosophy

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Q:

In which country, 13th South Asian games will be held?

A) India	B) Australia
C) Nepal	D) Pakistan

Answer & Explanation Answer: C) Nepal

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Q:

Sunil Chhetri, Captain of Indian men's football team hails from which state?

A) Mizoram	B) Karnataka
C) Telangana	D) Assam

Answer & Explanation Answer: C) Telangana

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Q:

Who discovered Sodium?

A) Humphry Davy	B) William Henry Fox
C) J.J.Thomson	D) Karl Benz

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