Questions

Q:

If the average total cost are Rs 54, total fixed cost is Rs 45000 and quantity produced is 2500 units, find the average variable costs (in Rs) of the firm?

A) 24 B) 18
C) 36 D) 60
 
Answer & Explanation Answer: C) 36

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Filed Under: Indian Economy
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Q:

The demand for a inferior good increases with ________ in the consumer's income.

A) increase B) decrease
C) constant D) double
 
Answer & Explanation Answer: B) decrease

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Q:

In April 2017, diplomatic ties were re-established after 37 years between Cuba and _________.

A) India B) Morocco
C) Sri Lanka D) USA
 
Answer & Explanation Answer: B) Morocco

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Filed Under: World Geography
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Q:

National sport of Argentina?

A) Football B) Archery
C) Volleyball D) Pato
 
Answer & Explanation Answer: D) Pato

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Filed Under: Sports
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Q:

A shop keeper earns a profit of 12% on selling a book at 10% discount on the printed price. The ratio of cost price to the printed price of the book is

A) 45:56 B) 50:61
C) 99:125 D) None of these
 
Answer & Explanation Answer: A) 45:56

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Q:

Who is called as 'Bismarck of India'?

A) Jawaharlal Nehru B) Vallabhai Patel
C) Sarojini Naidu D) Lokamanya Tilak
 
Answer & Explanation Answer: B) Vallabhai Patel

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Filed Under: Famous Personalities
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Q:

In the following question, select the odd word pair from the given alternatives.

A) Crop – Rice B) Crop – Rubber
C) Crop – Wheat D) Crop – Bajra
 
Answer & Explanation Answer: B) Crop – Rubber

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Q:

Who presented the first Union budget of independent India?

A) Morarji Desai B) John Mathai
C) TT Krishnamachari D) RK Shanmukham Chetty
 
Answer & Explanation Answer: D) RK Shanmukham Chetty

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