General Knowledge Questions

Q:

A minimum wage _____.

A) is the price floor below which workers may not sell their labor B) is set at a price below the equilibrium wage
C) creates a price ceiling below which the wage cannot legally go D) decreases unemployment
 
Answer & Explanation Answer: A) is the price floor below which workers may not sell their labor

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Q:

Who is the author of "It's All in the Planets"?

A) Preeti Shenoy B) Ravinder Singh
C) Keshav Aneel D) Durjoy Datta
 
Answer & Explanation Answer: A) Preeti Shenoy

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Q:

"Hema Malini : Beyond the Dream Girl" is authored by which author?

A) Meena Iyer B) Hema Malini
C) Ram Kamal Mukherjee D) Vijay Kumar
 
Answer & Explanation Answer: C) Ram Kamal Mukherjee

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Q:

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.

 

Ring fencing

 

A) The place where the sport of fencing is played by two opponents.   B) Doubly protecting your assets.  
C) Guarantee that funds allocated for a particular purpose will not be spent on anything else.     D) Be ready to fight for what is your right.
 
Answer & Explanation Answer: C) Guarantee that funds allocated for a particular purpose will not be spent on anything else.    

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Q:

In March 2016, Election Commission of India declared assembly elections in ___ states scheduled for April - May 2016.

 

A) 3 B) 7
C) 5 D) 6
 
Answer & Explanation Answer: C) 5

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Q:

The major objective of monetary policy is to

A) increase government's tax revenue B) revamp the Public Distribution System
C) Promote economic growth with price stability D) weed out corruption in the economy
 
Answer & Explanation Answer: C) Promote economic growth with price stability

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Q:

Which of the following taxes is levied by the State Government only?

A) Wealth tax B) Entertainment tax
C) Income tax D) Gift tax
 
Answer & Explanation Answer: B) Entertainment tax

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Q:

Who is the author of the book named "Making India Awesome"?

A) Jairam Ramesh B) Tarun Khanna
C) Chetan Bhagat D) Amitav Ghosh
 
Answer & Explanation Answer: C) Chetan Bhagat

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