Questions

Q:

Which of the following is a land locked country?

A) Azerbaijan B) Kazakhstan
C) Pakistan D) Bangladesh
 
Answer & Explanation Answer: B) Kazakhstan

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Filed Under: General Awareness
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Q:

Choose the odd word/letters/number/number pair from the given alternatives.

A) 926 B) 122
C) 225 D) 491
 
Answer & Explanation Answer: C) 225

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Q:

If a perfectly competitive firm can increase its profits by increasing its output, then that firm's product's _____.

A) price exceeds its marginal costs B) price exceeds its average total costs
C) average variable costs exceed its average total costs D) fixed costs are zero
 
Answer & Explanation Answer: A) price exceeds its marginal costs

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Filed Under: Indian Economy
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Q:

Which of the following sets of taxes belongs to Central Government?

A) Excise duty, Sales tax and Custom duty B) Income tax, Custom duty and House tax
C) Excise duty, Custom duty and Income tax D) Custom duty, Entertainment tax and Income tax
 
Answer & Explanation Answer: C) Excise duty, Custom duty and Income tax

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Filed Under: Indian Economy
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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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Filed Under: Indian Economy
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Q:

On 19 September 2017, Law Ministry approved Fugitive Economic Offenders Bill, 2017. The Bill entrusts the responsibility to try cases of Fugitive Economic Offenders under ______.

A) Prevention of Money Laundering Act, 2002 (PMLA) B) Prevention of Money Laundering Act, 2005
C) Prevention of Money Laundering Act, 2010 D) Prevention of Money Laundering Act, 1995
 
Answer & Explanation Answer: A) Prevention of Money Laundering Act, 2002 (PMLA)

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Filed Under: Indian Politics
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Q:

Who took charge as the Chief Minister of Goa after the 2017 elections?

A) Bharat Vir Wanchoo B) Manohar Parrikar
C) Churchill Alemao D) Dayanand Narvekar
 
Answer & Explanation Answer: B) Manohar Parrikar

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Q:

Who is the Human Resource development Minister in Prime Minister Modi's cabinet as of February 2018?

A) Suresh Prabhu B) Prakash Javadekar
C) Jual Oram D) Maneka Gandhi
 
Answer & Explanation Answer: B) Prakash Javadekar

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Filed Under: Indian Politics
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