Questions

Q:

A book titled 'The Endgame' authored by

A)  Hussain Zaidi B) Ashwini Kumar Tewari
C) Lewis Hamilton D) Bal Gangadhar Tilak
 
Answer & Explanation Answer: A)  Hussain Zaidi

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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 answer figure will complete the pattern?

A) X B) W
C) V D) U
 
Answer & Explanation Answer: D) U

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Q:

The change in the optimal quantity of a good when its price changes and the consumer’s income is adjusted so that she can just buy the bundle that she was buying before the price change is called?

A) Law of demand B) Substitution effect
C) Problem of choice D) Optimal choice
 
Answer & Explanation Answer: B) Substitution effect

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Q:

In which year did Ole Romer measure the speed of light for the first time in the history?

A) 1776 B) 1676
C) 1876 D) 1867
 
Answer & Explanation Answer: B) 1676

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Q:

Which of the following is NOT an example of potential energy?

A) Running water B) Water stored in a dam
C) A raised hammer D) A compressed spring
 
Answer & Explanation Answer: A) Running water

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Q:

What occurs during the appropriations process?

A) Congress acquires requested oversight material from the executive. B) Congress instructs the president to eliminate federal agencies.
C) Congress grants funds to federal agencies and programs.  D) Congress makes laws.
 
Answer & Explanation Answer: C) Congress grants funds to federal agencies and programs. 

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Q:

First established Indian Institute of Technology (IIT)?

A) IIT Bombay B) IIT Madras
C) IIT Delhi D) IIT Kharagpur
 
Answer & Explanation Answer: D) IIT Kharagpur

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