Questions

Q:

If the average total cost are Rs 54, total fixed cost is Rs 45000 and quantity produced is 2500 units, find the average variable costs (in Rs) of the firm?

A) 24 B) 18
C) 36 D) 60
 
Answer & Explanation Answer: C) 36

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Filed Under: Indian Economy
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Q:

The short run marginal cost curve is ____ shaped.

A) U B) V
C) X D) W
 
Answer & Explanation Answer: A) U

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Filed Under: Indian Economy
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Q:

Who presented the first Union budget of independent India?

A) Morarji Desai B) John Mathai
C) TT Krishnamachari D) RK Shanmukham Chetty
 
Answer & Explanation Answer: D) RK Shanmukham Chetty

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Q:

If percentage of profit made,when an article is sold for Rs.78, is twice as when it is sold for Rs.69, the cost price of the article is

A) Rs. 49 B) Rs. 51
C) Rs. 57 D) Rs. 60
 
Answer & Explanation Answer: D) Rs. 60

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Q:

In March 2016, Election Commission of India declared assembly elections in ___ states scheduled for April - May 2016.

 

A) 3 B) 7
C) 5 D) 6
 
Answer & Explanation Answer: C) 5

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Filed Under: Indian Politics
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Q:

Which five year plan aimed at following regional approach, instead of a sectoral approach so as to bring down regional inequalities?

 

A) Ninth Five year plan B) Eighth Five year plan
C) Tenth Five year plan D) Eleventh Five year plan
 
Answer & Explanation Answer: C) Tenth Five year plan

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Q:

What does UFO stand for?

A) Under Fire Object B) Unidentified Flying Object
C) Unapproved Foreign Object D) Unidentified Free Object
 
Answer & Explanation Answer: B) Unidentified Flying Object

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Filed Under: General Awareness
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Q:

On which date was the partition of India announced?

A) 15th August 1947 B) 3rd June 1947
C) 17th July 1947 D) 1st July 1947
 
Answer & Explanation Answer: B) 3rd June 1947

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Filed Under: Indian History
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