Questions

Q:

What does cyclical unemployment mean?

 

A) Unemployment during recessionary phase of trade cycle B) Disguised unemployment
C) Seasonal unemployment D) Voluntary unemployment
 
Answer & Explanation Answer: A) Unemployment during recessionary phase of trade cycle

Explanation:
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Q:

Which of these is the best description of fixed expenses?

 

A) Insurance B) Payment on loans
C) Rent D) All the above
 
Answer & Explanation Answer: D) All the above

Explanation:

Fixed expenses are those expenses that do not change when there is a change in production or sales level.

 

Examples of Fixed Expenses are rent, insurance, payment on loans, salaries, advertising, etc...

 

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Q:

Nagarahole Tiger Reserve is situated in which Indian state/UT?

 

A) Karnataka B) Goa
C) Maharashtra D) Telangana  
 
Answer & Explanation Answer: A) Karnataka

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Q:

Capital budgeting decisions are generally based on:

 

A) Tentative predictions of future outcomes. B) Perfect predictions of future outcomes.
C) Speculation of interest rates and economic performance only. D) Results from past outcomes only.
 
Answer & Explanation Answer: A) Tentative predictions of future outcomes.

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Q:

The first Mughal building with complete marble facing was

A) Taj Mahal B) Moti Masjid
C) Humayun's tomb D) Itmad-ud-daulah's tomb
 
Answer & Explanation Answer: C) Humayun's tomb

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Q:

In which of the following fields was Prof. Richard H. Thaler awarded the Nobel Prize 2017?

 

A) Physics B) Chemistry
C) Literature D) Economics
 
Answer & Explanation Answer: D) Economics

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Q:

With which game does Santosh Trophy is associated

A) Tennis B) Cricket
C) National Football D) Golf
 
Answer & Explanation Answer: C) National Football

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Q:

Which of the following is not the unit of time

A) Parallactic second B) Micro Second
C) Leap year D) Solar day
 
Answer & Explanation Answer: A) Parallactic second

Explanation:
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