Questions

Q:

Which among the following is respiratory pigment in human beings?

A) Melanin B) Haemoglobin
C) Rhodopsin D) Bilirubin
 
Answer & Explanation Answer: B) Haemoglobin

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Q:

Which of the following taxes is levied by the State Government only?

A) Wealth tax B) Entertainment tax
C) Income tax D) Gift tax
 
Answer & Explanation Answer: B) Entertainment tax

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Q:

If price of an article decreases from Rs. 25 to Rs. 20, quantity demanded increases from Q1 units to 1500 units. If point elasticity of demand is -1.25, find Q1?

A) 900 units B) 1200 units
C) 1800 units D) 2000 units
 
Answer & Explanation Answer: B) 1200 units

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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:

On 22 November 2017, cabinet approved expansion of which mission for a Pan India coverage in all the 640 districts of the country?

A) Make in India B) Swatchh Bhara
C) Beti Bachao Beti padhao D) Skill India
 
Answer & Explanation Answer: C) Beti Bachao Beti padhao

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Q:

Mission Indradhanush ­ a programme introduced recently in the country by the NDA Government is related to:

A) Systematic immunization of children against disease B) Providing insurance cover to farmers against crop failure
C) Development of fisheries in rural areas D) Development of multiple cropping in hilly region
 
Answer & Explanation Answer: A) Systematic immunization of children against disease

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Q:

In December 2017, SEBI tightened rating agency norms. The net worth requirement for rating agencies has now been increased from Rs 5 crore to ______.

A) Rs 10 crore   B) Rs 15 crore
C) Rs 20 crore D) Rs 25 crore
 
Answer & Explanation Answer: D) Rs 25 crore

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