Practice Question and Answer

Q:

The effective annual rate of interest corresponding to a nominal rate of 6% per annum payable half yearly is: 

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  • 1
    6.06%
    Correct
    Wrong
  • 2
    6.07%
    Correct
    Wrong
  • 3
    6.08%
    Correct
    Wrong
  • 4
    6.09%
    Correct
    Wrong
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Answer : 4. "6.09%"

Q:

₹ 1,000 is invested at 5% per annum simple interest. If the interest is added to the Aprincipal after every 10 years, the amount will become 2,000 after

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  • 1
    15 years
    Correct
    Wrong
  • 2
    18 years
    Correct
    Wrong
  • 3
    20 years
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 4. "None of these"
Explanation :

Q:

Amartya Sen was awarded the Noble Prize for his contribution to–

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  • 1
    Monetary Economics
    Correct
    Wrong
  • 2
    Welfare Economics
    Correct
    Wrong
  • 3
    Econometrics
    Correct
    Wrong
  • 4
    Development Economics
    Correct
    Wrong
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Answer : 2. "Welfare Economics"
Explanation :

Explain: -For Welfare Economics and Social Choice Theory, Amartya Sen, in 1998 was awarded the Noble Prize. Welfare economics is a branch of economics that uses microeconomic techniques to evaluate well-being (welfare) at the aggregate (economy-wide) level. ... The field of welfare economics is associated with two fundamental theorems.

Q:

The Indian census is generally held every ______. 

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  • 1
    tenth year
    Correct
    Wrong
  • 2
    fourth year
    Correct
    Wrong
  • 3
    fifth year
    Correct
    Wrong
  • 4
    seventh year
    Correct
    Wrong
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Answer : 1. "tenth year "

Q:

Which of the following state governments has launched a Whatsapp number, which people can use to launch complaints regarding corruption?

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  • 1
    Haryana
    Correct
    Wrong
  • 2
    Assam
    Correct
    Wrong
  • 3
    Sikkim
    Correct
    Wrong
  • 4
    Tripura
    Correct
    Wrong
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Answer : 4. "Tripura"

Q:

Who was the first Indian to win the Magsaysay Award?

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  • 1
    Indira Gandhi
    Correct
    Wrong
  • 2
    Vinoba Bhave
    Correct
    Wrong
  • 3
    Kiran Bedi
    Correct
    Wrong
  • 4
    T. N. Seshan
    Correct
    Wrong
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Answer : 2. "Vinoba Bhave"

Q:

Improve the bracketed part of the sentence.

I don't want an award (for help to you).

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  • 1
    to have helped you
    Correct
    Wrong
  • 2
    for helping you
    Correct
    Wrong
  • 3
    for helping to you
    Correct
    Wrong
  • 4
    no improvement
    Correct
    Wrong
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Answer : 2. "for helping you"

Q:

The apex health research body, Indian Council of Medical Research (ICMR), issued guidance on rapid antibody test kits for COVID-19 and also listed the manufacturers on 14 May. When was ICMR founded?

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  • 1
    1928
    Correct
    Wrong
  • 2
    1918
    Correct
    Wrong
  • 3
    1921
    Correct
    Wrong
  • 4
    1911
    Correct
    Wrong
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Answer : 4. "1911"

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