General Knowledge Questions

Q:

A price floor is _____.

A) a maximum legal price B) a minimum legal price
C) the price where demand equals supply D) the price where elasticity of demand equals elasticity of supply
 
Answer & Explanation Answer: B) a minimum legal price

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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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Q:

International Organization for Migration Headquarters is located in which city?

A) Rome B) London
C) Washington D) Geneva
 
Answer & Explanation Answer: D) Geneva

Explanation:

International Organization for Migration Headquarters is located in Geneva, Switzerland.
The International Organization for Migration (IOM) is an intergovernmental organization that provides services and advice concerning migration to governments and migrants, including internally displaced persons, refugees, and migrant workers. In September 2016, it became a related organization of the United Nations.
It was initially established in 1951 as the Intergovernmental Committee for European Migration (ICEM) to help resettle people displaced by World War II. As of June 2018, the International Organization for Migration had 172 member states & eight observer states.

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Q:

With the participation in the Rio Olympics who has become the first tennis player in the world to have 7 appearances in Olympics?

A) Martina Navratilova B) Serena Williams
C) Leander Paes D) Roger Federer
 
Answer & Explanation Answer: C) Leander Paes

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Q:

The maximum number of electrons that can be accommodated in a shell is indicated by the formula

A) 2n-2 B) 2n3
C) 2n D) 2n2
 
Answer & Explanation Answer: D) 2n2

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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:

Which part of the brain plays an important role in motor control?

A) Cerebellum B) Cerebrum
C) Medulla D) Pons
 
Answer & Explanation Answer: A) Cerebellum

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Q:

Which country hosted the FIFA Under 17 (U-17) World Cup in 2017?

A) Brazil B) Spain
C) England D) India
 
Answer & Explanation Answer: D) India

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