Questions

Q:

What is the minimum age to become the Prime Minister of India if he or she is a member of Rajya Sabha?

A) 18 B) 25
C) 30 D) 35
 
Answer & Explanation Answer: C) 30

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Q:

Which of the following Acts under the Indian Constitution is described by Article 21A?

A) Right to Education B) Right to Information
C) Representation of the People D) Right to Freedom of Religion
 
Answer & Explanation Answer: A) Right to Education

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Q:

Which factor affects the heart rate in mammals?

A) Need for oxygen B) RBC count in blood
C) Blood type D) All the above
 
Answer & Explanation Answer: A) Need for oxygen

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Q:

Which hormone is released from the testes?

A) Insulin B) Testosterone
C) Thyroxin D) Estrogen
 
Answer & Explanation Answer: B) Testosterone

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Q:

If the ___________ firm has zero costs or only has fixed cost, the quantity supplied in equilibrium is given by the point where the marginal revenue is zero.

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

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Q:

A manufacturer faces a -1.2 price elasticity of demand for its product. It is presently selling 7,500 units/day. If it wants to increase quantity sold by 9%, it must lower its price by

A) 7.5 percent B) 7.8 percent
C) 10.2 percent D) 10 percent
 
Answer & Explanation Answer: A) 7.5 percent

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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

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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select 'No Error'.
The reason Priya was late (1)/ to the meeting is because her (2)/ flight was delayed. (3)/ No Error (4)

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: B) 2

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