Questions

Q:

The average variable cost curve is ____ shaped.

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

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Q:

A hand made paper workshop can hire 8 craftsmen by paying them Rs 400 per person per day. The 9th craftsman demands Rs 450 per day. If this craftsman is hired then all other craftsmen must be paid Rs 450. The marginal resource (labour) cost of the 9th craftsman is

A) Rs 50 B) Rs 850
C) Rs 800 D) Rs 100
 
Answer & Explanation Answer: B) Rs 850

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Q:

Who is the Vice Chairperson of NITI Aayog ?

A) Dr. Bibek Debroy B) Dr. V.K. Saraswat
C) Dr. Arvind Panagariya D) Arun Jaitley
 
Answer & Explanation Answer: C) Dr. Arvind Panagariya

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Q:

__________ scheme by the Central Government aims at providing free health checkups for pregnant women for the first 6 months of pregnancy.

A) Gram Uday Se Bharat Uday Abhiyan B) Pradhan Mantri Ujjwala Yojana
C) Pradhan Mantri Surakshit Matritva Abhiyan D) Vidyanjali Yojana
 
Answer & Explanation Answer: C) Pradhan Mantri Surakshit Matritva Abhiyan

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Q:

To become a member of the Rajya Sabha a person should be at least _____ years old.

A) 18 B) 30
C) 36 D) 24
 
Answer & Explanation Answer: B) 30

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Q:

IRDAI has given its approval to LIC for the stake purchase, that will help get a capital support of Rs 10,000- 13,000 crore in which of the following state-owned banks?

A) Union Bank of India B) IDBI Bank
C) United Bank of India D) Indian Bank
 
Answer & Explanation Answer: B) IDBI Bank

Explanation:

Life Insurance Corporation of India is all set to become a knight in shining armour for the ailing IDBI Bank. In a first-of-its-kind transaction, the Insurance Regulatory and Development Authority of India (IRDAI) has approved a proposal allowing the former to acquire a majority stake in the bank.

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Q:

Sensitivity of potentiometer can be increased by

A) increasing the length of the potentiometer wire B) increasing the e.m.f of the cell
C) decreasing the length of the potentiometer wire D) none of these
 
Answer & Explanation Answer: A) increasing the length of the potentiometer wire

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Q:

Which among the following is not an environment friendly mode of producing electricity?

A) Thermal Power B) Solar Power
C) Wind Energy D) Bio-waste
 
Answer & Explanation Answer: A) Thermal Power

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