Questions

Q:

An indifference curve measures ______________ level of satisfaction derived from different combinations of commodity X and Y.

A) same B) higher
C) lower D) minimum
 
Answer & Explanation Answer: A) same

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Q:

__________ says that if we keep increasing the employment of an input, with other inputs fixed, eventually a point will be reached after which the resulting addition to output (i.e., marginal product of that input) will start falling.

A) Law of diminishing marginal product B) Law of variable proportions
C) The Short Run D) The Long Run
 
Answer & Explanation Answer: A) Law of diminishing marginal product

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Q:

First time which year the Railway Budget and the General Budget were presented separately?

A) 1923 B) 1947
C) 1952 D) 1977
 
Answer & Explanation Answer: A) 1923

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Q:

The demand curve facing a perfectly competitive firm is

A) downward sloping B) perfectly inelastic
C) a concave curve D) perfectly elastic
 
Answer & Explanation Answer: D) perfectly elastic

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Q:

Which Malayalam actress won the National Film Award for the film 'Minnaminungu' in 2017?

A) Amala Paul B) Surabhi Lakshmi
C) Gopika D) Mamta Mohandas
 
Answer & Explanation Answer: B) Surabhi Lakshmi

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Filed Under: Honours and Awards
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Q:

A shop keeper earns a profit of 12% on selling a book at 10% discount on the printed price. The ratio of cost price to the printed price of the book is

A) 45:56 B) 50:61
C) 99:125 D) None of these
 
Answer & Explanation Answer: A) 45:56

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Q:

Who constructed the Hawa Mahal?

A) Maharaja Bhagvat Singh B) Maharaja Jagatjit Singh
C) Maharaja Sawai Pratap Singh D) Maharajah Jaswanth Singh
 
Answer & Explanation Answer: C) Maharaja Sawai Pratap Singh

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Filed Under: Indian History
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Q:

Which country was a part of the Axis Powers during World War 2?

A) Yugoslavia B) Poland
C) Belgium D) Hungary
 
Answer & Explanation Answer: D) Hungary

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Filed Under: World History
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