Questions

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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Q:

The basic concept of Montessori education is

A) Discovery by travelling B) Dreaming
C) Communicating D) Self-discovery through experiment
 
Answer & Explanation Answer: D) Self-discovery through experiment

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Q:

Transperancy International (TI) has put India at rank ___ out of 168 countries in its Competition Perception Index as on January 2016.

A) 68 B) 76
C) 84 D) 101
 
Answer & Explanation Answer: B) 76

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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 which city is the newly proposed AIIMS to be setup in Maharashtra?

A) Nagpur B) Mumbai
C) Aurangabad D) Pune
 
Answer & Explanation Answer: A) Nagpur

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Q:

On which river's bank is Panaji located?

A) Mandovi B) Zuari
C) Sal D) Terekhol
 
Answer & Explanation Answer: A) Mandovi

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