Questions

Q:

If a perfectly competitive firm can increase its profits by increasing its output, then that firm's product's _____.

A) price exceeds its marginal costs B) price exceeds its average total costs
C) average variable costs exceed its average total costs D) fixed costs are zero
 
Answer & Explanation Answer: A) price exceeds its marginal costs

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Filed Under: Indian Economy
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Q:

The market for sugar is in equilibrium. If the supply of sugar increases, the equilibrium price of sugar will ________ and the equilibrium quantity will _________.

A) increase; increase B) decrease; decrease
C) increase; decrease D) decrease; increase
 
Answer & Explanation Answer: D) decrease; increase

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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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Filed Under: Indian Geography
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Q:

Acacia arabica is the scientific name of

A) Neem B) Teak
C) Babhul D) Pomegranate
 
Answer & Explanation Answer: C) Babhul

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Filed Under: Biology
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Q:

In the battle of Panipat, Babar faced the armies of

A) Jaichand B) Hemu
C) Daulat khan D) Ibrahim Lodi
 
Answer & Explanation Answer: D) Ibrahim Lodi

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Filed Under: Indian History
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Q:

During their rule the British persuaded or forced cultivators in Punjab to grow __________.

A) Jute B) Tea
C) Sugarcane D) Wheat
 
Answer & Explanation Answer: D) Wheat

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Q:

In 1528, __________ defeated the Rajputs at Chanderi.

A) Humayun B) Akbar
C) Jahangir D) Babur
 
Answer & Explanation Answer: D) Babur

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Q:

Which Mughal Emperor was deported to Rangoon by the British?

A) Bahadur Shah Zafar B) Bahadur Shah III
C) Bahadur Shah Ahmed Shah D) Bahadur Shah I
 
Answer & Explanation Answer: A) Bahadur Shah Zafar

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