Questions

Q:

_________ says that the marginal product of a factor input initially rises with its employment level. But after reaching a certain level of employment, it starts falling.

A) Law of diminishing marginal product B) Law of variable proportions
C) The Short Run D) The Long Run
 
Answer & Explanation Answer: B) Law of variable proportions

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Filed Under: Indian Economy
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Q:

South Asian University (SAU), a joint SARC University of SAARC Nations, has been established in___________.

A) New Delhi   B) Male
C) Colombo D) Dhaka
 
Answer & Explanation Answer: A) New Delhi  

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Q:

Kevin Durant plays which International Sport?

A) Golf B) Baseball
C) Basketball D) Boxing
 
Answer & Explanation Answer: C) Basketball

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Filed Under: Sports
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Q:

Rukmini Devi Arundale is related to which of the arts?

A) Classical singing B) Classical dance  
C) Folk song D) No option is correct
 
Answer & Explanation Answer: B) Classical dance  

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Q:

Length of three line segments isgiven. Is construction of a triangle possible with the segments in the given cases?

A) 8 cm, 7 cm, 18 cm B) 8 cm, 15 cm, 17 cm
C) 10 cm, 6 cm, 4 cm D) 8 cm, 10 cm, 20 cm
 
Answer & Explanation Answer: B) 8 cm, 15 cm, 17 cm

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Q:

ΔABC is similar to ΔDEF. If the ratio of similar sides is K:1, the ratio of their areas is

A) k2:1 B) 2k:1
C) k22:1 D) 2k2:1
 
Answer & Explanation Answer: A) k2:1

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Q:

In which market form, a market or an industry is dominated by a single seller?

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

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Q:

For a certain shoe factory the fixed costs are Rs 200,000, selling price is Rs 2000 per pair of shoes and variable cost is Rs 1200 per pair, what is the breakeven quantity?

A) 100 B) 62.5
C) 167 D) 250
 
Answer & Explanation Answer: D) 250

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Filed Under: Indian Economy
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