Questions

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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Q:

Calculate the accounting profits for a firm, if its economic profits for the year are Rs 60 crores, total implicit costs are Rs 18.5 crores and total explicit costs are Rs 35 crores

A) Rs 113.5 crores B) Rs 43.5 crores
C) Rs 76.5 crores D) Rs 78.5 crores
 
Answer & Explanation Answer: D) Rs 78.5 crores

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Q:

In the following question, out of the given four alternatives, select the one which best expresses the meaning of the given word.

 

Farcical

 

A) Serious   B) Absurd  
C) Analytical   D) Lame
 
Answer & Explanation Answer: B) Absurd  

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Filed Under: English
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Q:

A sentence has been given in Active/Passive Voice. Out of the four given alternatives, select the one which best expresses the same sentence inPassive/Active Voice.

Somebody hit the beggar with a stone.

 

A) The beggar was hit with a stone. B) The beggar was hurt by a stone.
C) The beggar is hit by a stone D)
 
Answer & Explanation Answer: A) The beggar was hit with a stone.

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Q:

Who is the author of the book titled "The Sellout"?

A) Paul Beatty B) Arvind Adiga
C) Elenor Catton D) Howard Jacobson
 
Answer & Explanation Answer: A) Paul Beatty

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Q:

These regional teams : Dabang Mumbai, Kalinga Lancers, Ranchi Rays, and Delhi Waveriders play against each other in which sports league competition?

A) Pro Kabaddi League B) United Basketball Alliance
C) Indian Premier League D) Hockey India League
 
Answer & Explanation Answer: D) Hockey India League

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Q:

Birth rate in a country is defined as

A) Number of births per 100 in 1 year B) Number of births per 1000 in 1 year
C) Number of births per km of area in 1 year D) Number of births per 100 km of area in 1 year
 
Answer & Explanation Answer: B) Number of births per 1000 in 1 year

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Q:

The demand curve _____.

A) shows that as the price of a good increases, demand for the good will increase B) shows that as the price of a good increases, demand for the good will decrease
C) has a positive gradient D) indicates that there is a direct relationship between quantity demanded and price
 
Answer & Explanation Answer: B) shows that as the price of a good increases, demand for the good will decrease

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