Q:

The law of demand states that

A) if the price of a good increases, the demand for that good decreases.	B) if the price of a good increases, the the demand for that good increases.
C) if the price of a good increases, the quantity demanded of that good decreases.	D) if the price of a good increases, the quantity demanded of that good increases.

Answer & Explanation Answer: C) if the price of a good increases, the quantity demanded of that good decreases.

Explanation:

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Filed Under: Indian Economy
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Q:

The average variable cost curve is ____ shaped.

A) U	B) V
C) X	D) W

Answer & Explanation Answer: A) U

Explanation:

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Q:

Economic sanctions are mainly used to

A) to help international trade run smoothly.	B) punish nations that disobey international law
C) to impose tariffs on vehicles at the border	D) all the above

Answer & Explanation Answer: B) punish nations that disobey international law

Explanation:

A sanction is a punishment imposed on another nation, or on individual natives of another nation.

Economic sanctions are characterized as the withdrawal of standard exchange and money related relations for outside and security strategy purposes. They might be extensive, denying business movement as to a whole nation,...

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Q:

Who is the only Indian economist to have won the Nobel prize?

A) Avinash Dixit	B) Amit Mishra
C) Amartya Sen	D) Abhijit Banerjee

Answer & Explanation Answer: C) Amartya Sen

Explanation:

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Q:

A sentence has been given in Active/Passive Voice. Out of the four given alternatives, select the one which best expresses the same sentence in Passive/Active Voice.

The rascal cheated him out of his money.

A) His money was cheated out by the rascal.	B) He was cheated out of his money by the rascal.
C) He was cheated out of money by the rascal.	D) Money was cheated by the rascal of him.

Answer & Explanation Answer: B) He was cheated out of his money by the rascal.

Explanation:

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Filed Under: English
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Q:

Who established Mahabalipuram?

A) Pandya	B) Pallava
C) Chalukya	D) Chola

Answer & Explanation Answer: B) Pallava

Explanation:

Mahabalipuram was established by Pallava king Narasimhavarman I.

Narasimha_Varman_I_-_mahabalipuram_was_established_by1600689466.jpg image

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Filed Under: Indian History
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Q:

Who is the first Indian player to score a century in his debut One day International Cricket match? The said player achieved this feat in 2016.

A) Karun Nair	B) Hardik Pandya
C) Jayant Yadav	D) K.L. Rahul

Answer & Explanation Answer: D) K.L. Rahul

Explanation:

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Filed Under: Sports
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Q:

What is the name of the castle that was built in honour of world renowned composer Richard Wagner?

A) Balmoral Castle	B) Neuschwanstein Castle
C) Conwy Castle	D) Kronborg

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