Questions

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
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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

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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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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

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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
 
Answer & Explanation Answer: D) Rs 25 crore

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Q:

What does ATM stand for

A) Any Time Money B) Automated Teller Machine
C) Automatic Talking Media D) Analog Time Machine
 
Answer & Explanation Answer: B) Automated Teller Machine

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Q:

According to the distance of planets from the Sun, which of the following order is correct?

A) Mercury, Venus, Earth, Mars B) Mercury, Earth, Mars, Venus
C) Mercury, Mars, Earth, Venus D) Mercury, Mars, Venus, Earth
 
Answer & Explanation Answer: A) Mercury, Venus, Earth, Mars

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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%

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