Questions

Q:

According to Article 75 of Indian Constitution, the ministers are collectively responsible to the Parliament in general and to the _____ in particular.

 

A) People B) Lok Sabha
C) Rajya Sabha D) President
 
Answer & Explanation Answer: B) Lok Sabha

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Q:

Which of the following is the name of a medieval Indian book on mathematics?

A) Vastushastra B) Leelavati
C) Panchadashi D) Roopmati
 
Answer & Explanation Answer: B) Leelavati

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Q:

A cylindrical vessel of radius 4 cm contains water . A solid sphere of radius 3 cm is dipped into the water until it is completely immersed . The water level in the vessel will rise by

A) 3.5 cm B) 2.25 cm
C) 2 cm D) 3.8 cm
 
Answer & Explanation Answer: B) 2.25 cm

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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:

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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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:

In May 2017, the Base year of All-Indian WPI (Wholesale Price Index) has been revised from 2004-05 to ______.

A) 2010-11 B) 2015-16
C) 2011-12 D) 2016-17
 
Answer & Explanation Answer: C) 2011-12

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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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