Common GK Quiz and Answers
With whom are Bachendri Pal, Tenzing Norgay, Santosh Yadav etc related?
(A) Mountaineering
(B) Shooting
(C) Sky diving
(D) Boat riding
Correct Answer : A
Explanation :
Santosh Yadav was determined, considerate, polite and hard working. She was a rebel who did not want to follow the traditional ways of living. She developed a remarkable resistance to cold and altitude that is required for mountaineering.
By which one ordinance was the Securities and Exchange Board of India given statutory status?
(A) 1990
(B) 1992
(C) 1993
(D) 1988
Correct Answer : B
Explanation :
It was established on 12 April 1988 as an executive body and was given statutory powers on 30 January 1992 through the SEBI Act, 1992.
World Wetlands Day is celebrated every year on which day?
(A) First Wednesday of February
(B) 02 February
(C) First Tuesday of February
(D) 03 February
Correct Answer : B
Explanation :
World Wetlands Day, celebrated annually on 2 February, aims to raise global awareness about the vital role of wetlands for people and planet. This day also marks the date of the adoption of the Convention on Wetlands on 2 February 1971, in the Iranian city of Ramsar.
When the demand curve of a commodity is parallel to the X-axis, then the demand for that commodity is elastic.
(A) zero
(B) unit
(C) more than unit
(D) complete
Correct Answer : D
Explanation :
Demand curve is parallel to X- axis n case of perfectly elastic demand. A perfectly elastic demand refers to the situation when demand is infinite at the prevailing price.
Which of the following will cause property prices to fall?
(A) More liquidity in the economy
(B) Reduction in reverse repo rate by RBI
(C) Increase in reverse repo rate by RBI
(D) Demand and Supply
Correct Answer : D
Explanation :
Demand and Supply: For any given area, demand in the real estate will always be inversely proportional to supply. If there is a decrease in supply, prices will obviously go up for the existing projects. With an overall increase in the number of unsold housing projects, prices will go down for each one of them.