William D. Nordhaus and Paul M. Romer clinched the 2018 Nobel Prize in __________.
Options
A. Chemistry
B. Physiology
C. Medicine
D. Economic Science
Correct Answer
Economic Science
Explanation
The Royal Swedish Academy of Sciences has decided to award the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2018 to William D. Nordhaus "for integrating climate change into long-run macroeconomic analysis" and Paul M. Romer "for integrating technological innovations into long-run macroeconomic analysis".
More questions
1. The Union Cabinet approved the signing of a new Air Services Agreement with this country recently.
Government infused a capital of Rs. 205 crore into the state owned Bank of Maharashtra in lieu of preferential allotment of shares. After the Capital infusion, the shareholding of government in Bank of Maharashtra has increased to 87.74 % from 87.01%.
3. The Union Cabinet approved four GST related bill recently. Identify which of the following is not one of them.
Options
A. The Central Goods and Services Tax Bill 2017
B. The Integrated Goods and Services Tax Bill 2017
C. The Union Territory Goods and Services Tax Bill 2017
Actor Irrfan Khan starrer 'Doob', titled 'No Bed Of Roses' in English, has been chosen as Bangladesh's official entry for the Oscars 2019. The India-Bangladesh co-production, written and directed by Mostofa Sarwar Farooki, 'Doob' will contest in the Best Foreign Language category at the 91st Academy (Oscar) Awards. The 91st Academy Awards will be held on February 24, 2019.
6. Where did India's first natural Ice Cafe located?
India's first natural Ice Cafe has started at a height of 14,000 feet in Leh, Ladakh at J&K. The ice cafe is located on the Manali-Leh Highway. It is created by natural process by the Border Road Organisation (BRO) officials, with the help of some locals during winters. It is built in the shape of a mound with the purpose of saving water in winter and using it later for irrigation purposes when the ice melts in spring. The cafe utilises the same concept as used by Sonam Wangchuk for his ice stupa project in Ladakh and has been attracting a large number of tourists.
7. ISRO Launches PSLV C-45 Carrying EMISAT with how many Nano satellite?
The Indian Space Research Organisation (ISRO) has launched a Defence Intelligence Satellite, EMISAT in its 47th Polar Satellite Launch Vehicle (PSLV) mission, along with 28 other customer satellites, onboard the advanced PSLV-C45 Rocket. The PSLV C45 was launched from ISRO's Satish Dhawan Space Centre in Sriharikota. It is the first time ISRO is launching satellites in three different orbits. Along with that, the PSLV-C45 launch vehicle is also the first PSLV rocket to use four strap-on motors.
8. The book "An Unsuitable Boy" is the autobiography of which Indian personality?
The Union Ministry of Finance has started 'Know Your Budget' fortnight series on its Twitter handle to educate general public about the budgetary process. The series would explain the importance of Union Budget and its making, and would continue for about a fortnight. In the first series of tweets, the Ministry explained the terms - Union Budget and Vote on Account. These are as follows: The Budget is the most comprehensive report of the government's finances in which revenues from all sources and outlays for all activities are consolidated. The Budget also contains estimates of the government's accounts for the next fiscal year called Budget estimates. The Vote on Account is defined as a grant made in advance by Parliament for expenditure for a part of the next financial year.