Questions

Q:

From the national point of view, which of the following indicates micro approach?

A) Study of sales of mobile phones by BSNL B) Unemployement among Women
C) Per capita income in India D) Inflation in India
 
Answer & Explanation Answer: A) Study of sales of mobile phones by BSNL

Explanation:
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Q:

The Indian and Japanese Prime Ministers have recently signed a high-spend rail project deal that will connect Mumbai with which major city?

A) Bangalore B) Hyderabad
C) Ahmedabad D) New Delhi
 
Answer & Explanation Answer: C) Ahmedabad

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Q:

Who has been appointed as the chairman of the State Bank of India (SBI) after Arundati Bhattacharya retired?

A) Rana Kapoor B) Kishor Kharat
C) Rajnish Kumar D) K Venkataraman
 
Answer & Explanation Answer: C) Rajnish Kumar

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Q:

Goods which are consumed together are called?

A) Inferior goods B) Normal goods
C) Complementary goods D) Substitute goods
 
Answer & Explanation Answer: C) Complementary goods

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Q:

If demand curve for trekking boots is D = 67500 - 18P and supply curve is S = 22500 + 12P, find the equilibrium Price?

A) 1500 B) 750
C) 2250 D) 500
 
Answer & Explanation Answer: A) 1500

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Q:

A binding price ceiling is designed to

A) keep prices low B) increase efficiency
C) increase the quality of the good D) prevent shortages
 
Answer & Explanation Answer: A) keep prices low

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Q:

The Headquarters  of  the  Southern  Naval Command  of  the  Indian  Navy  is  located  at which one of the following places?

A) Karwar B) Kochi
C) Thiruvananthapuram D) Chennai
 
Answer & Explanation Answer: B) Kochi

Explanation:

Headquarter are located in Kochi

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Q:

Lal Bahadur Shastri was born in the year

A) 1844 B) 1864
C) 1884 D) 1904
 
Answer & Explanation Answer: D) 1904

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Filed Under: Indian History
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