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Q:

Conducting joint operations generally involves how many broad principles?

A) 11 B) 10
C) 12 D) 14
 
Answer & Explanation Answer: C) 12

Explanation:

Conducting joint operations generally involves 12 broad principles, collectively known as the “principles of joint operations”.

 

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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

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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

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Q:

The existence of a parallel economy (black money) ___________.

A) makes economy more competitive B) makes the monetary policies less effective
C) ensures a better distribution of income and wealth D) ensures increasing productive investment
 
Answer & Explanation Answer: B) makes the monetary policies less effective

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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

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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

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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

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Q:

Bilateral monopoly situation is

A) when there are only two sellers of a product B) when there are only two buyers of a product
C) when there is only one buyer and one seller of a product D) when there are two buyers and two sellers of a product
 
Answer & Explanation Answer: C) when there is only one buyer and one seller of a product

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