Questions

Q:

Calculate the economic profit for a firm if it's total revenues are Rs. 35 crores, explicit costs are Rs. 7 crores, and implicit costs are Rs. 10 crores.

A) Rs. 32 crores B) Rs. 52 crores
C) Rs. 18 crores D) Rs. 38 crores
 
Answer & Explanation Answer: C) Rs. 18 crores

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Filed Under: Indian Economy
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Q:

In May 2017, the Base year of All-Indian WPI (Wholesale Price Index) has been revised from 2004-05 to ______.

A) 2010-11 B) 2015-16
C) 2011-12 D) 2016-17
 
Answer & Explanation Answer: C) 2011-12

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Q:

If an unintended increase in business inventories occurs

A) aggregate expenditures must exceed the domestic output B) we can expect businesses to lower the level of production
C) we can expect aggregate production to be unaffected D) we can expect businesses to increase the level of production
 
Answer & Explanation Answer: B) we can expect businesses to lower the level of production

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Q:

In the following question, a sentence has been given in Direct/Indirect speech. Out of the four alternatives suggested, select the one which best express the same sentence in Indirect/Direct speech.

 

They told us that they had waited at the station for a long time.

A) They told us "We waited at the station for a long time". B) They told us "We had been waiting at the station for a long time".
C) They told us "We are waiting at the station for a long time". D) They told us "We wait at the station for a long time."
 
Answer & Explanation Answer: A) They told us "We waited at the station for a long time".

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Filed Under: English
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Q:

What does ‘J’ stand in ‘UJALA’ scheme being undertaken by the Energy Efficiency Services Limited (EESL)?

 

A) Jeevan B) Jyoti
C) Jagriti D) Jagran
 
Answer & Explanation Answer: B) Jyoti

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Filed Under: General Awareness
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Q:

Which country suggested the name 'NIVAR' to the 4th cyclone hit the North Indian Ocean Region in 2020?

A) India B) Iran
C) Sri Lanka D) Vietnam
 
Answer & Explanation Answer: B) Iran

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Q:

Which planet is the nearest in size to Earth?

A) Mercury B) Mars
C) Venus D) Saturn
 
Answer & Explanation Answer: C) Venus

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Filed Under: General Science
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Q:

First established Indian Institute of Technology (IIT)?

A) IIT Bombay B) IIT Madras
C) IIT Delhi D) IIT Kharagpur
 
Answer & Explanation Answer: D) IIT Kharagpur

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