Q:

Backward bending supply curve belongs to which market?

A) Capital	B) Labour
C) Money	D) Inventories

Answer & Explanation Answer: C) Money

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

HDI is an aggregate measure of progress in which of the three dimensions?

A) Health, Education, Income	B) Food Security, Employment, Income
C) Agriculture, Industry, Services	D) Height, Weight, Colour

Answer & Explanation Answer: A) Health, Education, Income

Explanation:

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Q:

Around how much percent of earth's surface is covered with water?

A) 20-25%	B) 40-50%
C) 70-80%	D) 55-60%

Answer & Explanation Answer: C) 70-80%

Explanation:

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

Which amongstthe following has the power to regulatethe right of citizenship in India?

A) Union Cabinet	B) Parliament
C) Supreme Court	D) Law Commission

Answer & Explanation Answer: B) Parliament

Explanation:

The Parliament has the power to regulate the right of citizenship in India.

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Filed Under: Indian Politics
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Q:

Who among the following has been appointed as New Chairman of National Anti-Profiteering Authority (NAAP) under Goods & Services Tax (GST)?

A) BN Sharma	B) Ansul Gupta
C) Shravan Choudhary	D) NK Sharma

Answer & Explanation Answer: A) BN Sharma

Explanation:

Senior IAS officer BN Sharma has been appointed as New Chairman of National Anti-Profiteering Authority (NAAP) under Goods & Services Tax (GST). The post of NAAP Chairman is equivalent to the rank of Secretary to Union Government.

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Filed Under: General Awareness

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Q:

The Sixth Schedule of the Constitution of India pertains to the administration of tribal areas in which of the following States?

A) Assam, Meghalaya, Tripura and Mizoram	B) Meghalaya, Tripura, Manipur and Mizoram
C) Assam, Manipur, Meghalaya and Tripura	D) Manipur, Meghalaya, Tripura and Arunachal Pradesh

Answer & Explanation Answer: A) Assam, Meghalaya, Tripura and Mizoram

Explanation:

The Constitution of India makes special provisions for the administration of the tribal dominated areas in four states viz. Assam, Meghalaya, Tripura and Mizoram. As per article 244 and 6th Schedule, these areas are called “Tribal Areas“, which are technically different from the Scheduled Areas under fifth schedule.

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Q:

What is MUDRA?

A) Development and Refinance Agency	B) Scheme for Agricultural Insurance
C) New Planet Discovered	D) Development and Regulatory Authority for Urban Township

Answer & Explanation Answer: A) Development and Refinance Agency

Explanation:

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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

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