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#1
By TheQuizWire
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Medium
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Fact Checked
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07 Feb 2026
According to Joseph Schumpeter, what is the primary role of the entrepreneur in economic development?
💡 Explanation:Joseph Schumpeter's theory of economic development posits that the entrepreneur's fundamental role is to introduce innovations. This process, which he termed "creative destruction," is the force that disrupts existing economic equilibrium by replacing outdated products, methods, or organizational structures with new and more efficient ones, thereby driving growth.
#2
By TheQuizWire
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Medium
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07 Feb 2026
What administrative law principle requires a petitioner to approach the relevant administrative forum before seeking judicial review?
💡 Explanation:The doctrine of Exhaustion of Administrative Remedies stipulates that a person must utilize the complete remedy available from an administrative agency or body before seeking relief from a court. This applies to administrative matters such as the provision of facilities under prison rules.
#3
By TheQuizWire
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Easy
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Fact Checked
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07 Feb 2026
A business invests 10,000 in a project that generates 12,000 in revenue. What is the Return on Investment (ROI)?
💡 Explanation:Return on Investment (ROI) is calculated using the formula:
ROI = (Gain from Investment - Cost of Investment) / Cost of Investment.
In this case, Gain = 12,000 and Cost = 10,000.
ROI = (12,000 - 10,000) / 10,000 = 2,000 / $10,000 = 0.20 or 20%.
#4
By TheQuizWire
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Medium
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07 Feb 2026
What defense capability is a primary non-nuclear issue in comprehensive negotiations between Iran and the US?
💡 Explanation:The US and its allies consistently seek to include limitations on Iran's Ballistic Missile Program in any comprehensive agreement, viewing it as a major threat to regional security. Iran, however, maintains that its missile program is solely a matter of national defense and not open for negotiation.
#5
By TheQuizWire
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Medium
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07 Feb 2026
The sovereignty dispute over the Chagos Archipelago, which includes the strategic Diego Garcia base, is primarily between which two nations?
💡 Explanation:The Chagos Archipelago is currently administered by the UK as the British Indian Ocean Territory (BIOT), but its sovereignty is claimed by Mauritius. Diego Garcia is the largest island and hosts a critical US military base.
#6
By TheQuizWire
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Medium
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07 Feb 2026
The Indian Parliament revoked Article 370, removing special status from Jammu and Kashmir, in which year?
💡 Explanation:Article 370 of the Indian Constitution, which granted special autonomous status to the region of Jammu and Kashmir, was revoked by the Indian Parliament through a resolution passed in August 2019.
#7
By TheQuizWire
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Medium
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07 Feb 2026
Who serves as the chief executive of a province in Pakistan, leading the cabinet and government under the federal system?
💡 Explanation:The Chief Minister is the elected head of the provincial government and exercises the executive authority of the province, operating under a parliamentary federal system. The Governor is the constitutional head, appointed by the President.
#8
By TheQuizWire
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Medium
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07 Feb 2026
What United Nations body passed several key resolutions pertaining to the political and security dimensions of the Jammu and Kashmir dispute?
💡 Explanation:The United Nations Security Council (UNSC) has the primary responsibility for maintaining international peace and security. It passed foundational resolutions, such as Resolution 47 (1948) and Resolution 80 (1950), which established the framework for a plebiscite to determine the final status of the region.
#9
By TheQuizWire
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Medium
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07 Feb 2026
When was the 20-point National Action Plan (NAP) formulated to counter terrorism and extremism in Pakistan?
💡 Explanation:The National Action Plan (NAP) is a 20-point comprehensive policy framework established by the Government of Pakistan to combat terrorism and extremism. It was approved by the Parliament on December 24, 2014, in the wake of the Army Public School attack in Peshawar.
#10
By TheQuizWire
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Medium
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Fact Checked
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07 Feb 2026
A credit-scoring AI rejects a loan. Which ethical principle is most directly violated if no human-understandable reason is given?
💡 Explanation:Explainability (XAI) is the ethical principle and technical mechanism focused on providing clear, human-understandable reasons for specific AI decisions or outputs, such as a rejected loan application. Without this explanation, the principle is directly violated. System Transparency, in contrast, generally refers to the openness of the overall system design, data sources, and operational processes, not the justification for a single, specific decision. Data Minimization relates to privacy, and Human Oversight relates to final accountability and intervention.
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