General Knowledge Questions

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:

Which Indian city was gifted by the Portuguese as dowry to Charles II, the king of England, when he got married to the sister of the King of Portugal in 1662?

 

A) Daman B) Cochin
C) Goa D) Mumbai
 
Answer & Explanation Answer: D) Mumbai

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Q:

What is the valency of magnesium?

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

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Q:

Ping-pong Diplomacy is related to which of the following countries?

A) Myanmar B) Japan
C) China D) Taiwan
 
Answer & Explanation Answer: C) China

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Q:

If the average total cost are Rs 2400, average variable cost is Rs 1700 and quantity produced is 75 units, find the total fixed costs of the firm?

A) Rs 52500 B) Rs 127500
C) Rs 180000 D) Rs 60000
 
Answer & Explanation Answer: A) Rs 52500

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Q:

If for a perfectly competitive firm, price is Rs 7.2, output is 4500 units, average variable costs are Rs 1.2, and average total costs are Rs 4. The firm's profits are equal to

A) Rs 7200 B) Rs 9000
C) Rs 14400 D) Rs 19800
 
Answer & Explanation Answer: C) Rs 14400

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Q:

Name the first civilian president of Myanmar.

A) Htin Kyaw B) Myint Swe
C) Henry VanThio D) Thein Sein
 
Answer & Explanation Answer: A) Htin Kyaw

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Q:

Parliament House in Delhi was constructed during

A) 1895-1900 B) 1901-1909
C) 1921-1927 D) 1931-1935
 
Answer & Explanation Answer: C) 1921-1927

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