Questions

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:

Who was the chief guest on the occasion of 69th Independence Day celebrations in India?

A) President of France B) President of China
C) Prime Minister of Bhutan D) President of U.S.A.
 
Answer & Explanation Answer: D) President of U.S.A.

Explanation:
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Q:

Who is the Chief Executive Officer (CEO) of JP Morgan India as of February 2018?

A) Naina Lal Kidwai B) Kalpana Norparia
C) Shanthi Ekambaram D) Usha Ananthasubramanian
 
Answer & Explanation Answer: B) Kalpana Norparia

Explanation:
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Q:

A ___________ deficit is financed by net capital flows from the rest of the world, thus by a capital account surplus.

A) Current Account B) Savings Account
C) Capital Account D) Asset Account
 
Answer & Explanation Answer: A) Current Account

Explanation:
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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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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. Ifa sentence is free from error, select 'No Error'.

My elder son deals with (1)/ spare parts and manages (2)/ his bread and butter. (3)/ No Error (4)

 

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

Explanation:
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Q:

In the following passage some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four
alternatives.

Morality is _____ with ethics and symbolises the doctrine of actions right or wrong. Politics is the _____ of expediency and need not always be _____. If something is wrong and _____ expedient, it cannot be _____.

and need not always be _____.

A) wrong B) right
C) neutral D) different
 
Answer & Explanation Answer: B) right

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Q:

In the following question, out of the four alternatives, select the alternative which is the best substitute of the phrase.

 

the action of making amends for a wrong one has done

 

A) reparation B) extortion
C) reclamation D) retrieval
 
Answer & Explanation Answer: A) reparation

Explanation:
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