General Knowledge Questions

H S Prannoy has won the men’s singles title at the 82nd Senior National Championship Senior National Badminton Championships in Nagpur, Maharashtra on November 8, 2017. He defeated higher ranked Kidambi Srikanth in the final by 21-15, 16-21, 21-7.

Although demand curves are typically downward sloping to reflect that consumers’ utility for a good diminishes with increased consumption, firm supply curves are generally upward sloping.The upward sloping character reflects that firms will be willing to increase production in response to a higher market price because the higher price may make additional production profitable.

IIM Ahmedabad launches Bharat Inclusive Initiative.
IIM-Ahmedabad’s Centre for Innovation, Incubation and Entrepreneurship (CIIE) has launched a Bharat Inclusion Initiative to build knowledge and foster innovation and entrepreneurial activity across areas such as financial inclusion, livelihood, education and
health. Centre for Innovation Incubation and Entrepreneurship (CIIE) at IIM Ahmedabad helps entrepreneurs turn ideas into viable businesses.

The Business Entity concept is also called as Separate Entity or Economic Entity concept. This concept states that the transactions and all the balances related or associated with a business must be recorded or accounted separately from other businesses or the individual personal transactions.

In the year 1786, in US Shay's rebellion was a rebellion among the farmers of Massachusetts and significant because as it is one of the major factor which led to the writing of new US constitution.