Questions

Q:

Who among the following became the first tourist to space by spending $20 million for 8 days in orbit?

A) Greg Olsen B) Charles Simonyi
C) Dennis Tito D) Mark Shuttleworth
 
Answer & Explanation Answer: C) Dennis Tito

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Q:

­ Inflation exists when

A) there is general increase in the prices over time. B) there are periodic decreases in the price level.
C) there are continuous increases in the output level over time. D) there is rise in the purchasing value of money.
 
Answer & Explanation Answer: A) there is general increase in the prices over time.

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Q:

Debenture holders of a company are its ___________.

A) Shareholders B) Creditors
C) Debtors D) Directors
 
Answer & Explanation Answer: B) Creditors

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Q:

A growing country is one with ___________ there.

A) rising GNP at constant prices B) rising GNP at current prices
C) constant GNP at constant prices D) No option is correct
 
Answer & Explanation Answer: A) rising GNP at constant prices

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Q:

The unit of power used in industry is

A) Joule B) Watts
C) Horse power D) Kilowatts
 
Answer & Explanation Answer: C) Horse power

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Q:

Calculate the time period (in seconds) of a sound wave of wavelength 5m travelling with a speed of 500 m/s.

 

A) 0.01 B) 2500
C) 0.02 D) 1250
 
Answer & Explanation Answer: A) 0.01

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Q:

Government intervention in a modern economy is useful because

A) the needs and wants of modern society are always met by the market place B) the market place has many incentives to create public work such as parks and library’s
C) governments are more able to meet some needs and wants of modern society in a way that ensures that all members of society can participate D) the market place powers all its own laws
 
Answer & Explanation Answer: C) governments are more able to meet some needs and wants of modern society in a way that ensures that all members of society can participate

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Q:

The central government has set an ambitious target of raising how much amount from disinvestment in 2017-18?

 

A) Rs 72,500 crore B) Rs 1,00,000 crore
C) Rs 50,000 crore D) Rs 25,000 crore
 
Answer & Explanation Answer: A) Rs 72,500 crore

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