Questions

Q:

In which of the following case, law of demand fails?

A) Giffen goods B) Normal goods
C) Inferior goods D) Both Giffen and Inferior goods
 
Answer & Explanation Answer: A) Giffen goods

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Filed Under: Indian Economy

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Q:

In the following question, from the given alternative words, select the word which cannot be formed using the letters of the given word.

Suspensefulnes

A) Sense B) Fuels
C) Useful D) Fullness
 
Answer & Explanation Answer: D) Fullness

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Q:

One morning, Raju walked towards the sun. After some time he turned left and again to his left. Which direction is he facing?

A) North B) South
C) East D) West
 
Answer & Explanation Answer: D) West

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Q:

 Which organisation is a policy think tank of the Government of India, established with the aim to achieve Sustainable Development Goals and to enhance cooperative federalism by fostering the involvement of State Governments of India in the economic policy-making process using a bottomup approach? 

A) RBI B) IRDAI
C) NITI Aayog  D) Planning Commission 
 
Answer & Explanation Answer: C) NITI Aayog 

Explanation:

The NITI Aayog (Hindi for Policy Commission), also National Institution for Transforming India, is a policy think tank of the Government of India, established with the aim to achieve Sustainable Development Goals and to enhance cooperative federalism by fostering the involvement of State Governments of India in the economic policy-making process using a bottom-up approach.

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Filed Under: World Organisations
Exam Prep: AIEEE , Bank Exams , CAT

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Q:

Which of the following sets of taxes belongs to Central Government?

A) Excise duty, Sales tax and Custom duty B) Income tax, Custom duty and House tax
C) Excise duty, Custom duty and Income tax D) Custom duty, Entertainment tax and Income tax
 
Answer & Explanation Answer: C) Excise duty, Custom duty and Income tax

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The ________ curve represents the demand of all consumers in the market taken together at different levels of the price of the good.

A) monotonic B) indifferent
C) market demand D) diminishing
 
Answer & Explanation Answer: C) market demand

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

What is the range of frequencies of sound waves audible to human beings?

A) 16kHz to 200kHz B) 16Hz to 16kHz
C) 16Hz to 20kHz D) 14Hz to 20kHz
 
Answer & Explanation Answer: C) 16Hz to 20kHz

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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

Prohibition of discrimination on grounds of religion, race, caste, sex or place of birth comes under which category of Fundamental Rights in Indian Constitution?

 

A) Right to Freedom B) Right to Constitutional Remedies
C) Right to Equality D) Right to Freedom of Religion
 
Answer & Explanation Answer: C) Right to Equality

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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