AIEEE Questions

Q:

Oligopolistic industries are characterized by

A) a few dominant firms and no barriers to entry B) a large number of firms and low entry barriers
C) a few dominant firms and substantial entry barriers D) a few dominant firms and low entry barriers
 
Answer & Explanation Answer: C) a few dominant firms and substantial entry barriers

Explanation:

Oligopoly is market structure where a small number of large firms are there. Oligopolistic industries are characterized by a few dominant firms and substantial entry barriers.

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Q:

Capitalism is characterized by which of the following?

A) Profits B) A market economy
C) Privately owned businesses D) All the above
 
Answer & Explanation Answer: D) All the above

Explanation:

Capitalism is an economic system followed by a country or a society which is characterized by Privately owned businesses, a market economy and profits.


Capitalism is defined as "production for exchange" driven by the desire for personal accumulation of money receipts in such exchanges, mediated by free markets. The markets themselves are driven by the needs and wants of consumers and those of society as a whole in the form of the bourgeois state.

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Q:

What process accounts for species diversity?

A) Predation B) Mitosis
C) Symbiosis D) Meiosis
 
Answer & Explanation Answer: D) Meiosis

Explanation:

The process accounts for species diversity is Meiosis. Meiosis is termed as a specialized cell division which reduces chromosomes number by half and then creates for haploid cells.

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Filed Under: Biology
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Q:

Which color has the highest energy?

A) Violet B) Red
C) Blue D) White
 
Answer & Explanation Answer: A) Violet

Explanation:

Violet colour has the highest energy. The higher the frequency, the faster the oscillations and thus the higher the energy. Therefore, the highest-frequency ultra-violet light or the lowest wavelength is violet.

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Q:

What is the name of the Indian Coast Guard Ship which has been decommissioned by the Indian navy recently ?

A) Sarathi B) Shaurya
C) Varuna D) Ayush
 
Answer & Explanation Answer: C) Varuna

Explanation:
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Q:

Swiss Reinsurance Company Ltd has ranked India at which position in the worst catastrophe list ?

A) second B) third
C) fourth D) fifth
 
Answer & Explanation Answer: A) second

Explanation:
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Q:

Which of the following is a feature of leptin?

A) It acts primarily on the brain B) It is secreted by the brain and acts on fat cells
C) It is an enzyme D) It is usually deficient in thin people
 
Answer & Explanation Answer: B) It is secreted by the brain and acts on fat cells

Explanation:
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Filed Under: Biology
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Q:

Graphically, the market demand curve is

A) greater than the sum of the individual demand curves B) the horizontal sum of individual demand curves
C) steeper than any individual demand curve that is part of it D) the vertical sum of individual demand curves
 
Answer & Explanation Answer: B) the horizontal sum of individual demand curves

Explanation:
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Filed Under: Indian Economy
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