Questions

Q:

When the demand for a good increases with an increase in income, such a good is called_______

A) Superior good B) Giffin good
C) Inferior good D) Normal good
 
Answer & Explanation Answer: A) Superior good

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Filed Under: Indian Economy
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Q:

If the average total cost are Rs 54, total fixed cost is Rs 45000 and quantity produced is 2500 units, find the average variable costs (in Rs) of the firm?

A) 24 B) 18
C) 36 D) 60
 
Answer & Explanation Answer: C) 36

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Q:

What denotes offering several products for sale as one combined product?

A) Advertisement B) Product mix
C) Product bundling D) Differentiation
 
Answer & Explanation Answer: C) Product bundling

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Filed Under: Indian Economy
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Q:

India implemented the GST (Goods and Service Tax) from which month of 2017?

A) January B) March
C) July D) September
 
Answer & Explanation Answer: C) July

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Q:

The maximum number of electrons that can be accommodated in a shell is indicated by the formula

A) 2n-2 B) 2n3
C) 2n D) 2n2
 
Answer & Explanation Answer: D) 2n2

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Filed Under: Chemistry
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Q:

Who won the Academy award for documentary 'Amy' in 2016?

A) Duke Johnson B) Asif Kapadia
C) Steven Spielberg D) George Miller
 
Answer & Explanation Answer: B) Asif Kapadia

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Filed Under: Honours and Awards
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Q:

Who took over as the new CEO of IT giant Infosys at the beginning of 2018?

A) Raghuram Rajan B) Vishal Sikka
C) Rohan Murthy D) Salil Parekh
 
Answer & Explanation Answer: D) Salil Parekh

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Filed Under: Famous Personalities
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Q:

Women's Doubles World Champions for 2015 announced by International Tennis Federation are

A) Martina Hingis and Sania Mirza B) M. Sands and L Safarova
C) Serena Williams and Venus Williams D) Sara Errani and Roberta Vinci
 
Answer & Explanation Answer: A) Martina Hingis and Sania Mirza

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Filed Under: Sports
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