Questions

Q:

The demand for a inferior good increases with ________ in the consumer's income.

A) increase B) decrease
C) constant D) double
 
Answer & Explanation Answer: B) decrease

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Q:

From which of the following, is the GDP of a country not derived from?

A) Agricultural sector B) Industrial sector
C) International sector D) Service sector
 
Answer & Explanation Answer: C) International sector

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Q:

Calculate a country's GDP if for the year, consumer spending is $900 million, government spending is $250 million, investment by businesses is $180 million, exports are $85 million and imports are $100 million.

A) $1345 million B) $1315 million
C) $955 million D) $815 million
 
Answer & Explanation Answer: B) $1315 million

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Q:

Which of the following best defines disposable income?

A) income received by households less personal taxes B) the before-tax income received by households
C) all income earned by resource suppliers for their current contributions to production D) the market value of the annual output net of consumption of fixed capital
 
Answer & Explanation Answer: A) income received by households less personal taxes

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Q:

Which Indian stock exchange is planning to launch its own Initial Public Offering (IPO)?

A) Saurashtra Kutch Stock Exchange (SKSE) B) National Stock Exchange (NSE)
C) Cochin Stock Exchange (CoSE) D) Bombay Stock Exchange (BSE)
 
Answer & Explanation Answer: B) National Stock Exchange (NSE)

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Q:

International Chess Day is celebrated annually on

A) 21st July B) 20th July
C) 18th July D) 23rd July
 
Answer & Explanation Answer: B) 20th July

Explanation:

International Chess Day is celebrated annually on 20th July, since 1966. The idea to celebrate this day proposed was by UNESCO.

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Filed Under: Important Days and Years
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Q:

If a mirror is placed on the line MN, then which of the answer figures is the right image of the given figure?

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: D) 4

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Filed Under: Non Verbal Reasoning
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Q:

Who is the author of the Indian English Novel 'Sita : Warrior of Mithila' published in

A) Amish Tripathi B) Rahul Mehta
C) Chetan Bhagat D) Robin Sharma
 
Answer & Explanation Answer: A) Amish Tripathi

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