Quiz # 6
Que 1: What usually happens to inflation
when ‘reverse repo rate’ is increased by RBI?
A. It increases B.
It decreases
C. Initially increase then decrease D.
No effect
Que 2: ‘Big Mac Index’ was devised by
‘The Economist’ as an informal way of measuring PPP between two currency. What
was used to compare currency values in this index?
A. Price of Apple Laptop in different
countries
B. Per capita income/expenditure ratio
of different countries
C. Wages paid to the worker of ‘Pizza
Hut’ food chain in different countries D.
Price of a McDonald’s hamburger in different countries
A. Total value of products &
Services produced by all (nationals and foreigners) within the territorial
boundary of a country
B. Total income from national and foreign
sources less income paid to foreign citizens and entities
C. Total value of Goods and Services
produced by only nationals of a country within the territorial boundary of a
country
D. Total
value of Goods and Services produced by all (nationals and foreigners) within
or outside the territorial boundary of a country
Que 4: What was
the underlying reason of crash in the economy of Greece?
A. Change
in lending policy of Eurozone countries, reducing cap of maximum amount that
can be loaned to any country
B. Very
high debt, rising inflation and poor revenue generation
C. Series
of scams leading to a crash in Greece’s stock market
D. High
movement of foreign investors from Greece to Asian countries like India and
China
Que 5: The
Patent litigation on Sun Pharma filed
by Acorda Therapeutics, which recently got settled, was over what issue?
A. Filing of patent by Sun Pharma for
a new drug to which Acorda claimed similarity to its existing drug ‘Qutenza’
B. Marketing of a generic version of brand ‘Ampyra’ – a drug
used for treating multiple sclerosis – for which Acorda holds the patent
C. Acorda complained that Sun Pharma’s
product ‘Decitabine’ packaging is similar to Acorda’s ‘Zanaflex’ for which it
holds copyright
D. Sun Pharma’s marketing team attempt
to defame Acorda’s product
Que 6: As per New draft bill related to
Assisted Reproductive Technology regulation in India, who can avail surrogacy
in India
A. Only Indian couple (whether married
or not)
B. Only
couple who has been proven medically unfit for natural reproduction
C. Only Indian married couple or a
foreigner married to Indian citizen
D. No one
can avail surrogacy
Que 7: Shivinder Mohan Singh, one of the
two founders of Fortis Healthcare, gave up his executive role from the hospital
chain. For what?
A. Tiff with the other board members
over a business strategy
B. To pursue
his desire to venture into education sector of India
C. To join the ‘Radha Soami Satsang
Beas ’ a spiritual movement that has a large following in northern India
D. Because
of his ailing health
Que 8: 'The World's Largest Lesson'
is an initiative launched by the Global Goals campaign and UNICEF, for which
Hrithik Roshan has been announced as ambassador for India. The initiative aims
for what?
A. Teach children in over 100
countries about the new Sustainable Development Goals and about the role they
can play in achieving it
B. Engaging all elementary school
teachers with a head office for their continuous improvement in their academic
capabilities
C. Funding of 10 million children from
third world countries from their elementary schools till college education
D. Opening new schools, based upon a
new curriculum based upon global goals, sustainability and humanity
Que 9: Which
company has bought an
office space in Godrej Bandra-Kurla Complex (BKC), Mumbai for Rs 1,479 crore,
which is being termed as India's biggest property deal?
A. Star
health Ltd. B.
Dr. Reddy’s Laboratories
C. Lupin Ltd. D. Abbott India Ltd.
Answers: 1-b, 2-d, 3-b, 4-b, 5-b, 6-c, 7-c,
8-b, 9-d
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