Questions

Q:

Which of the following voted for Brexit in June 2016?

A) England and Scotland B) England and Wales
C) Scotland and Northern Ireland D) Wales and Northern Ireland
 
Answer & Explanation Answer: B) England and Wales

Explanation:

The decision by the electorate was to "Leave the European Union" which won by a majority of 1,269,501 votes (3.78%) over those who had voted in favour of "Remain a member of the European Union" with England and Wales voting to "Leave" whilst Scotland and Northern Ireland voted to "Remain".

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Q:

'Cow' has been declared as the personality of the year 2015 by

A) Microsoft B) Google
C) Yahoo India D) Facebook
 
Answer & Explanation Answer: C) Yahoo India

Explanation:
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Q:

Which of the following coloured light has the lowest frequency?

A) Green B) Blue
C) Red D) Violet
 
Answer & Explanation Answer: C) Red

Explanation:
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Filed Under: Physics
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Q:

How many chromosomes does a human cell contain?

A) 6 B) 26
C) 46 D) 66
 
Answer & Explanation Answer: C) 46

Explanation:
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Q:

The term 'Macro Economics' was used by __________

A) J.M. Keynes B) Ragner Frisch
C) Ragner Nurkse D) Prof. Knight
 
Answer & Explanation Answer: B) Ragner Frisch

Explanation:
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Q:

For each perfectly competitive firm in the long run

A) price = marginal costs = average variable costs B) price = average profit
C) price = marginal costs = minimum average total costs D) price = minimum average variable costs
 
Answer & Explanation Answer: C) price = marginal costs = minimum average total costs

Explanation:
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Q:

In which of the following market forms, a firm does not exercise control over price?

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

Explanation:
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Q:

Stagflation exists when _____

A) price indices and output both decrease. B) price indices increase but output decreases.
C) price indices and output both increase. D) price indices decrease but output increases.
 
Answer & Explanation Answer: B) price indices increase but output decreases.

Explanation:
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