Questions

Q:

Match the characteristics with their market structure:
(a) Expand out put until MC = MR
(b) Elasticity of demand depends on pricing policies of rivals

A) (a) Pure competition, (b) Pure Monopoly B) (a) Pure Monopoly, (b) Monopolistic competition
C) (a) Pure competition, (b) Oligopoly D) (a) Monopolistic competition, (b) Oligopoly
 
Answer & Explanation Answer: D) (a) Monopolistic competition, (b) Oligopoly

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Filed Under: Indian Economy
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Q:

If a person's income increases from Rs 20 lakhs per year to Rs 24 lakhs per year and tax increases from Rs 3,50,000 to Rs 4,00,000 the marginal tax rate is

A) 8 percent B) 12.5 percent
C) 10 percent D) 15 percent
 
Answer & Explanation Answer: B) 12.5 percent

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Q:

Which Indian stock exchange is planning to launch its own Initial Public Offering (IPO)?

A) Saurashtra Kutch Stock Exchange (SKSE) B) National Stock Exchange (NSE)
C) Cochin Stock Exchange (CoSE) D) Bombay Stock Exchange (BSE)
 
Answer & Explanation Answer: B) National Stock Exchange (NSE)

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Q:

Except Helium, all noble gases have how many electrons in the outermost shell?

A) 4 B) 8
C) 6 D) 10
 
Answer & Explanation Answer: B) 8

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Filed Under: Chemistry
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Q:

The area of a circle is 38.5 cm2. Find its circumference (in cm).

A) 1848 B) 1716
C) 1621 D) 1587
 
Answer & Explanation Answer: A) 1848

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Q:

Who is the Bengali writer who won the 31st Moortidevi Award for the year 2017?

A) Joy Goswami B) Taslima Nasreen
C) Subhro Bandhopadhyay D) Baby Halder
 
Answer & Explanation Answer: A) Joy Goswami

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Filed Under: Honours and Awards
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Q:

Name the British General who was responsible for the Jallianwalla Bagh massacre.

A) Hastings B) Cornwallis
C) Dyer D) Dalhousie
 
Answer & Explanation Answer: C) Dyer

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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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Filed Under: Indian History
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