Questions

Q:

Which actor plays the role of social activist Arunachalam Muruganatham in the biopic movie 'Pad Man'?

A) Irrfan Khan B) Nana Patekar
C) Mohanlal D) Akshay Kumar
 
Answer & Explanation Answer: D) Akshay Kumar

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Filed Under: Famous Personalities
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Q:

In a market system, the central problems regarding how much and what to produce are solved through the coordination of economic activities brought about by ________ signals.

A) Supply B) Demand
C) Price D) Stock Market
 
Answer & Explanation Answer: C) Price

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Filed Under: Indian Economy
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Q:

If quantity of good X demanded increases from 4000 units to 5000 units when price of good Y increases from Rs 75 to Rs 90, find Arc Cross elasticity of demand?

A) 0.55 B) 1.66
C) 0.25 D) 1.22
 
Answer & Explanation Answer: D) 1.22

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Q:

For a certain shoe factory the fixed costs are Rs 200,000, selling price is Rs 2000 per pair of shoes and variable cost is Rs 1200 per pair, what is the breakeven quantity?

A) 100 B) 62.5
C) 167 D) 250
 
Answer & Explanation Answer: D) 250

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Q:

Which is the form of market where there is lack of competition?

A) Monopoly B) Oligopoly
C) Perfect competition D) Marketisation
 
Answer & Explanation Answer: A) Monopoly

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Filed Under: Indian Economy
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Q:

Choose the one which is different or odd from the following.

A) Aluminium B) Iron
C) Copper D) Brass
 
Answer & Explanation Answer: D) Brass

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Filed Under: Chemistry
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Q:

Which of the following is not considered as a part of the Abiotic Environment?

A) Plants B) Air
C) Water D) Soil
 
Answer & Explanation Answer: A) Plants

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Filed Under: General Science
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Q:

At which rate, Reserve Bank of India borrows money from commercial banks?

A) Bank Rate B) Repo Rate
C) Reverse Repo Rate D) Statutory Liquidity Rate
 
Answer & Explanation Answer: C) Reverse Repo Rate

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Filed Under: General Awareness
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