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Q:

Economics assumes that

A) people have unlimited desires but limited resources B) people have limited desires but unlimited resources
C) allocation of resources if not centrally planned will cause inefficiency D) people are emotional and make irrational decisions
 
Answer & Explanation Answer: A) people have unlimited desires but limited resources

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Filed Under: Indian Economy
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Q:

Working capital is a measure of

A) liquidity B) consistency
C) profitability D) solvency
 
Answer & Explanation Answer: A) liquidity

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Filed Under: Indian Economy
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Q:

Which of the following scientists gave the law that governs the force of attraction/repulsion between two charged particles?

A) Charles Dufay B) Michael Faraday
C) Archimedes D) Charles Coulomb
 
Answer & Explanation Answer: D) Charles Coulomb

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Filed Under: Chemistry
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Q:

How many union territories does India have as of June 2017?

A) 7 B) 6
C) 5 D) 4
 
Answer & Explanation Answer: A) 7

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Filed Under: Indian Geography
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Q:

Which of the following states does not share a border with Myanmar?

A) Assam B) Mizoram
C) Nagaland D) Manipur
 
Answer & Explanation Answer: A) Assam

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Q:

Where is the Cherry Blossom Festival celebrated annually?

A) Odisha B) Assam
C) Sikkim D) Meghalaya  
 
Answer & Explanation Answer: D) Meghalaya  

Explanation:

Shillong, the capital of Meghalaya hosts the only Cherry Blossoms festival in India.

 

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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:

The demand curve facing a perfectly competitive firm is

A) downward sloping B) perfectly inelastic
C) a concave curve D) perfectly elastic
 
Answer & Explanation Answer: D) perfectly elastic

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