Questions

Q:

What is an octroi ?

A) Tax B) Tax collection centre
C) Tax processing centre D) Tax information centre
 
Answer & Explanation Answer: A) Tax

Explanation:
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Filed Under: Indian Economy
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Q:

The short run marginal cost curve is ____ shaped.

A) U B) V
C) X D) W
 
Answer & Explanation Answer: A) U

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Q:

In which of the following countries militants killed more than 230 people attacking at a mosque on 24th November, 2017?

A) Pakistan B) Afghanistan
C) Iran D) Egypt
 
Answer & Explanation Answer: D) Egypt

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Q:

According to the ‘World Inequality Report 2018’, released by World Inequality Lab based in Paris, which of the following country has the Highest Income Inequality?

A) Pakistan B) Bangladesh
C) India D) China
 
Answer & Explanation Answer: C) India

Explanation:

India has the Highest Income Inequality according to the ‘World Inequality Report 2018’, released by World Inequality Lab based at Paris School of Economics. India’s Top 1% of earners grabbed 22% share of national income, while bottom 50% managed to get only 15% share.

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Q:

'Mooh Band Rakho' campaign to protect individuals from cyber frauds was launched by

A) HDFC Bank B) Axis Bank
C) Yes Bank D) ICICI Bank
 
Answer & Explanation Answer: A) HDFC Bank

Explanation:

HDFC Bank launched 'Mooh Band Rakho' campaign to protect individuals from cyber frauds.

 

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Q:

Which one of the following statements regarding freedom to manage religious affairs as per the Constitution of India is notcorrect?

 

A) Every religious denomination shall have the right to manage its own affairs in matters of religion except some minor communities. B) Every religion or any section thereof shall have the right to own and acquire movable and Immovable property.
C) Every religious community has the right to establish and maintain institutions for religious and charitable purpose. D) Every community has the right to manage its own affairs in matters of religion.
 
Answer & Explanation Answer: A) Every religious denomination shall have the right to manage its own affairs in matters of religion except some minor communities.

Explanation:

All  are  correct  except  A,  as  every religious denomination including minor communities shall have right to manage its own affairs.

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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 the Indian Constitution, who has the power to declare emergency ?

A) Prime Minister B) President
C) Chief Justice D) Parliament
 
Answer & Explanation Answer: B) President

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