General Knowledge Questions

Q:

The relation between the consumer’s optimal choice of the quantity of a good and its price is very important and this relation is called the ________ function.

A) Price B) Substitution
C) Supply D) Demand
 
Answer & Explanation Answer: D) Demand

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Q:

The State Financial Corporations have given assistance mainly to develop___________.

A) agriculture farms B) cottage industries
C) medium and small-scale industries D) large scale industries
 
Answer & Explanation Answer: C) medium and small-scale industries

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Q:

Which of the following organisms can reproduce by regeneration and budding?

A) Yeast B) Plasmodium
C) Hydra D) Planaria
 
Answer & Explanation Answer: C) Hydra

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Q:

Where in the human body can you find the islets of Langerhans?

A) Small intestine B) Pancreas
C) Stomach D) Heart
 
Answer & Explanation Answer: B) Pancreas

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Q:

Which is the only organ in the human boddy that can regrow/regenerate?

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

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Q:

India has changed over to the decimal system of coinage in___________.

A) April, 1958 B) April, 1959
C) April, 1995 D) April, 1957
 
Answer & Explanation Answer: D) April, 1957

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Q:

What is the capital of Greece?

A) Buenos Aires B) Stockholm
C) Athens D) Bern
 
Answer & Explanation Answer: C) Athens

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Q:

The ________ curve represents the demand of all consumers in the market taken together at different levels of the price of the good.

A) monotonic B) indifferent
C) market demand D) diminishing
 
Answer & Explanation Answer: C) market demand

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