Questions

Q:

In August 2017, which bank allowed India to construct Ratle Hydroelectric project which was opposed by Pakistan?

 

A) bank of England B) World Bank
C) International Bank for Reconstruction and development (IBRD) D) Asian Development Bank
 
Answer & Explanation Answer: B) World Bank

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Q:

Who was the chief guest on the occasion of 69th Independence Day celebrations in India?

A) President of France B) President of China
C) Prime Minister of Bhutan D) President of U.S.A.
 
Answer & Explanation Answer: D) President of U.S.A.

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Q:

In October 2017, the biggest ever highway project was launched in India. It aims to develop approximately how many kilometers of roads by year 2022?

 

A) 65000 B) 83000
C) 1,00,000 D) 50000
 
Answer & Explanation Answer: B) 83000

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Q:

Who appoints the members of the State Public Service Commission ?

A) Chief Minister B) Governor
C) Chief Justice D) Vice President
 
Answer & Explanation Answer: B) Governor

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Q:

According to Indian Constitution, there are three organs of government. Which among the following is/are NOT an organ/organs of it?

I. The legislature

II. The Media

III. The Judiciary

 

A) Only I B) Only II
C) Only III D) Only I and III
 
Answer & Explanation Answer: B) Only II

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Q:

The change in the optimal quantity of a good when its price changes and the consumer’s income is adjusted so that she can just buy the bundle that she was buying before the price change is called?

A) Law of demand B) Substitution effect
C) Problem of choice D) Optimal choice
 
Answer & Explanation Answer: B) Substitution effect

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Q:

In India, how much percent of GDP is the fiscal deficit target for the Financial Year 2017-18?

A) 4.20% B) 3.20%
C) 2.20% D) 4.00%
 
Answer & Explanation Answer: B) 3.20%

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Q:

If a person's income increases from Rs. 10 lakhs per year to Rs. 11 lakhs per year and tax increases from Rs. 80,000 to Rs. 92,500 the marginal tax rate is

A) 12.50% B) 8%
C) 10% D) 15%
 
Answer & Explanation Answer: A) 12.50%

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