Questions

Q:

If price of an article decreases from Rs. 25 to Rs. 20, quantity demanded increases from Q1 units to 1500 units. If point elasticity of demand is -1.25, find Q1?

A) 900 units B) 1200 units
C) 1800 units D) 2000 units
 
Answer & Explanation Answer: B) 1200 units

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Filed Under: Indian Economy
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Q:

Who is the only Indian economist to have won the Nobel prize?

A) Avinash Dixit B) Amit Mishra
C) Amartya Sen D) Abhijit Banerjee
 
Answer & Explanation Answer: C) Amartya Sen

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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select 'No Error'.
Not only did they offer him (1)/ good salary but provided (2)/ him with a beautiful bungalow. (3)/ No Error (4)

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: B) 2

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Filed Under: English
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Q:

Thumba in Kerala is famous because ___.

A) it has several tea gardens B) it has backwaters and lagoons
C) it is a rocket launching station D) it has an ayurvedic centre
 
Answer & Explanation Answer: C) it is a rocket launching station

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Filed Under: Indian Geography
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Q:

What is the action of dry HCl gas on dry litmus paper?

A) Blue litmus paper turns white B) Blue or red litmus paper does not change its colour
C) Blue litmus paper turns red D) Red litmus paper turns blue
 
Answer & Explanation Answer: B) Blue or red litmus paper does not change its colour

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Filed Under: Chemistry
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Q:

Match the characteristics with their market structure:
(a) Expand out put until MC = MR
(b) Elasticity of demand depends on pricing policies of rivals

A) (a) Pure competition, (b) Pure Monopoly B) (a) Pure Monopoly, (b) Monopolistic competition
C) (a) Pure competition, (b) Oligopoly D) (a) Monopolistic competition, (b) Oligopoly
 
Answer & Explanation Answer: D) (a) Monopolistic competition, (b) Oligopoly

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Q:

Which of the following is also known as the Biochemical Laboratory of the Human Body?

A) Small Intestine B) Brain
C) Pancreas D) Liver
 
Answer & Explanation Answer: D) Liver

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Filed Under: Biology
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Q:

There are total _________ parliamentary seats (Rajya Sabha constituency) in Sikkim.

A) 11 B) 19
C) 10 D) 1
 
Answer & Explanation Answer: D) 1

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Filed Under: Indian Politics
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