Questions

Q:

Reema wants to buy a certain designer party dress. The shop is offering a discount of 20% on that dress which is marked at Rs 5000. If Reema was willing to pay even Rs 7000 for that dress, Reema's consumer surplus is

A) Rs 3000 B) Rs 2000
C) Rs 1000 D) Rs 7000
 
Answer & Explanation Answer: A) Rs 3000

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Q:

The consumption and saving schedules reveal that the:

A) MPC and APC are equal at the point where the consumption schedule intersects the 45-degree line. B) MPC is equal to or greater than one at all income levels.
C) MPC is greater than zero, but less than one. D) APS is positive at all income levels.
 
Answer & Explanation Answer: C) MPC is greater than zero, but less than one.

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Q:

Deindustrialisation means

A) uprooting of people from agriculture and planting them in industries B) uprooting of people from agriculture and planting them in industries
C) a deliberate effort to compel the existing industries to shut down D) a deliberate effort to promote the new industries
 
Answer & Explanation Answer: B) uprooting of people from agriculture and planting them in industries

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Q:

In the following question, out of the four alternatives, select the alternative which will improve the bracketed part of the sentence. In case no improvement is needed, select "no improvement".

 

In the post-liberalisation era, urbanisation (has being taking) place at a rapid pace.

 

A) has been taking   B) has been took  
C) had been took   D) no improvement
 
Answer & Explanation Answer: A) has been taking  

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Q:

Which country among the following is the smallest in terms of area?

A) Brazil B) India
C) Canada D) Russia
 
Answer & Explanation Answer: B) India

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Filed Under: World Geography
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Q:

Mechanical energy is equal to

A) Kinetic energy + Chemical energy B) Kinetic energy + Potential energy
C) Kinetic energy + Heat energy D) Kinetic energy + Electrical energy
 
Answer & Explanation Answer: B) Kinetic energy + Potential energy

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Q:

On 5 January 2018, Lok Sabha passed High Court and Supreme Court Judges (Salaries and Conditions of Service) Amendment Bill, 2017. The Bill proposes to hike the salary of Chief Justice of India (CJI) to nearly ______.

 

A) Rs 2.80 lakh per month B) Rs 3.9 lakh per month
C) Rs 2 lakh per month D) Rs 5 lakh per month
 
Answer & Explanation Answer: A) Rs 2.80 lakh per month

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Q:

The end of British rule in India came in the year

A) 1946 B) 1947
C) 1948 D) 1950
 
Answer & Explanation Answer: B) 1947

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Filed Under: Indian History
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