Questions

Q:

For a price taking firm, average revenue is ______ market price.

A) half of B) equal to
C) double of D) less than
 
Answer & Explanation Answer: B) equal to

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Q:

The study of individual markets of demand and supply in which the 'players', or the decision makers, were also individuals (buyers or sellers, even companies) who were seen as trying to maximize their profits (as producers or sellers) and their personal satisfaction or welfare levels (as consumers) is called?

A) Macroeconomics B) Econometrics
C) Microeconomics D) Heterodox Economics
 
Answer & Explanation Answer: C) Microeconomics

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Q:

In the following question, the sentence given with blank to be filled in with an appropriate word. Select the correct alternative out of the four andindicate it by selecting the appropriate option.

He was sworn _____ as the Prime Minister of our country

A) in B) off
C) about D) it
 
Answer & Explanation Answer: A) in

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Q:

In the following question, the sentence given with blank to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it byselecting the appropriate option.

Being linked with nature brings joy and peace as it is the ______ of the laws of Nature.

A) dissent B) refusal
C) acknowledgement D) sustenance
 
Answer & Explanation Answer: C) acknowledgement

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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'.

Everybody knows(1)/ that Bhutan is the most peaceful(2)/ of all other countries of the world.(3)/ No Error(4)

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

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Q:

In the following passage some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

The quest for a _____ life engrosses every human being on this earth. Everyman tends to define a happy life in a _____ individualistic fashion. _____have attempted to define a happy life in various terms. Hedonists have a _____ notion that happiness lies in the _____ of physical appetites.

that happiness lies in the _____ of physical appetites.

A) gratification B) simplification
C) purification D) identification
 
Answer & Explanation Answer: A) gratification

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Q:

What charge is present on a neutron?

A) positive B) negative  
C) no charge D) No option is correct
 
Answer & Explanation Answer: C) no charge

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Q:

The demand for a inferior good increases with ________ in the consumer's income.

A) increase B) decrease
C) constant D) double
 
Answer & Explanation Answer: B) decrease

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