Questions

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

Explanation:
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Q:

Who among the following is the vice-chairman of NITI Aayog as of 2018?

A) Narendra Modi B) Ajit Tyagi
C) Rajiv Kumar D) Arving Panagariya
 
Answer & Explanation Answer: C) Rajiv Kumar

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Q:

As per the 2016-17 Budget, the largest source of money to the Government of India is

A) Income Tax B) Corporation Tax
C) Non-tax revenues D) Borrowings and other liabilities
 
Answer & Explanation Answer: D) Borrowings and other liabilities

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Q:

Which layer of earth is liquid?

A) inner core B) outer mantle
C) outer core D) crust
 
Answer & Explanation Answer: C) outer core

Explanation:

 The crust and the inner core are solid, whereas the outer core and inner mantle are liquid. The outer mantle is semi solid.

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Q:

Exobiology refers to

A) Life in Outer space B) Life of animals
C) Life of plants D) Life of human beings on earth
 
Answer & Explanation Answer: A) Life in Outer space

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Q:

Which is the official language for Android development?

A) Java B) COBOL
C) FORTRON D) Ada
 
Answer & Explanation Answer: A) Java

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Q:

Which of the following insecticides' harmful effects came under media attention when health issues in Kerala were publicized?

A) Endosulfan B) Lethal
C) Thimet D) Monocil
 
Answer & Explanation Answer: A) Endosulfan

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Q:

If a perfectly competitive firm can increase its profits by increasing its output, then that firm's product's _____.

A) price exceeds its marginal costs B) price exceeds its average total costs
C) average variable costs exceed its average total costs D) fixed costs are zero
 
Answer & Explanation Answer: A) price exceeds its marginal costs

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