Questions

Q:

Macro economics deals with

A) the circular flow of income B) the decision making of a single economic variable like demand
C) resource allocation at firm level D) equilibrium prices and quantities
 
Answer & Explanation Answer: A) the circular flow of income

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Filed Under: Indian Economy
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Q:

Buyer’s market denotes the place where ___________.

A) the demand exceed the supply B) the supply exceed the demand
C) commodities are available at competitive rates D) the demand and supply are well balanced
 
Answer & Explanation Answer: A) the demand exceed the supply

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Q:

India  signed  an  agreement  in  2016  to develop   a   strategic   port   in   one   of   its neighbouring  countries.  What  is  the  name of the port?

A) Chabahar B) Gwadar
C) Hambantota D) Mongla
 
Answer & Explanation Answer: A) Chabahar

Explanation:

India   signed   a   historic   deal   to develop    the    strategic    port    of Chabahar  in  Iran  and  agreed  on  a three-nation    pact    to    build    a transport-and-trade corridor through   Afghanistan   that   could help  halve  the  time  and  cost  of doing  business  with  Central  Asia and     Europe.     Developing     the  Chabahar  port  was  seen  as  crucial for  India  because  it  will  not  only allow New Delhi to bypass Pakistan and access global markets but also counter    China’s    expanding influence   in   the   Indian   Ocean region. But the project’s land route through   Afghanistan   remains   a security headache

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Filed Under: Indian Geography
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Q:

Which nation has reported the first case of H5N8 virus?

A) China B) France
C) USA D) Russia
 
Answer & Explanation Answer: D) Russia

Explanation:

Russian authorities have reported the first known cases of an avian influenza virus called H5N8 passing from poultry to humans.

 

 

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Filed Under: General Awareness
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Q:

Who appoints the chairman of all the parliamentary committees of Lok Sabha?

A) President of India B) Prime Minister of India
C) Speaker of Lok Sabha of India D) Home Minister of India
 
Answer & Explanation Answer: C) Speaker of Lok Sabha of India

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Filed Under: Indian Politics
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Q:

Sri Lanka on 9 December, 2017 formally handed over the control of the southern deep sea port of Hambantota to which country for 99 year lease?

 

A) India B) Pakistan
C) China D) Japan
 
Answer & Explanation Answer: C) China

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Q:

On 9 November 2017, House Building Advance (HBA) rules were revised. Now, under the new rules, the central government employee can barrow a maximum of how much amount from government?

 

A) Rs 50 lakh B) Rs 25 lakh
C) Rs 75 lakh D) Rs 15 lakh
 
Answer & Explanation Answer: B) Rs 25 lakh

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Q:

The ozone layer protects us from harmful _______________ rays of the sun.

A) infrared B) cosmic
C) gamma D) ultraviolet
 
Answer & Explanation Answer: D) ultraviolet

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Filed Under: General Science
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