Questions

Q:

If the ___________ firm has zero costs or only has fixed cost, the quantity supplied in equilibrium is given by the point where the marginal revenue is zero.

A) Perfect Competition B) Monopoly
C) Oligopoly D) Monopolistic Competition
 
Answer & Explanation Answer: B) Monopoly

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Filed Under: Indian Economy
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Q:

If quantity of good X demanded increases from 4000 units to 5000 units when price of good Y increases from Rs 75 to Rs 90, find Arc Cross elasticity of demand?

A) 0.55 B) 1.66
C) 0.25 D) 1.22
 
Answer & Explanation Answer: D) 1.22

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Q:

Read each sentence to find out whether there is any error in any underlined part and indicate your response in the Answer Sheet against the corresponding letter i.e., (a) or (b) or (c). If you find no error, your response should be indicated as (d).

A) One of the most interesting feature of travel in Himachal Pradesh is B) is the large number of travellers’ lodges
C) provided by the State Government. D) No error
 
Answer & Explanation Answer: A) One of the most interesting feature of travel in Himachal Pradesh is

Explanation:

The error is in first part. ‘One of the’ should always be followed by a plural noun, expressing that the speaker chooses one from many. Hence ‘features of travel’ is the correct expression, indicating that there are many interesting features about Himachal Pradesh but the most interesting one among them is the provision of large number of travelers’ lodges.

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Q:

In which form is glucose stored in our body?

A) Insulin B) Glucose
C) Glycogen D) Fat
 
Answer & Explanation Answer: C) Glycogen

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Q:

Intestinal bacteria synthesizes which of the following in the human body?

A) Vitamin K B) Proteins
C) Fats D) Vitamin D
 
Answer & Explanation Answer: A) Vitamin K

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Q:

Stagflation exists when _____

A) price indices and output both decrease. B) price indices increase but output decreases.
C) price indices and output both increase. D) price indices decrease but output increases.
 
Answer & Explanation Answer: B) price indices increase but output decreases.

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Q:

Chandrabhaga beach is located in which state?

A) Odisha B) Kerala
C) Chennai D) Gujarat
 
Answer & Explanation Answer: A) Odisha

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Filed Under: Indian Geography
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Q:

Grand Anicut Canal system, is located in which state?

A) Tamil Nadu B) Madhya Pradesh
C) Telangana D) Andhra Pradesh
 
Answer & Explanation Answer: A) Tamil Nadu

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