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Q:

Match the characteristics with their market structure:
(a) Firm has control over quantity of output but it must take into account reactions of competitors.
b) Firm will tend to set output so that it earns maximum profits.

A) (a) Oligopoly, (b) Pure competition B) (a) Monopolistic competition, (b) Oligopoly
C) (a) Pure Monopoly, (b) Pure competition D) (a) Oligopoly, (b) Pure Monopoly
 
Answer & Explanation Answer: D) (a) Oligopoly, (b) Pure Monopoly

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Filed Under: Indian Economy
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Q:

7 workers work in a printing press. Each gets paid Rs 450 per day. The 8th worker demands Rs 500 per day. If this worker is hired then all other workers must be paid Rs 500. The marginal resource (labour) cost of the 8th worker is _______.

A) Rs 50 B) Rs 850
C) Rs 400 D) Rs 100
 
Answer & Explanation Answer: B) Rs 850

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Q:

The relation between the consumer’s optimal choice of the quantity of a good and its price is very important and this relation is called the ________ function.

A) Price B) Substitution
C) Supply D) Demand
 
Answer & Explanation Answer: D) Demand

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Q:

__________ resources are those resources whose quantity is known.

A) Natural resources B) Actual resources
C) Potential resources D) Abiotic resources
 
Answer & Explanation Answer: B) Actual resources

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Q:

How many bones does a human baby have?

A) 206 B) 234
C) 270 D) 354
 
Answer & Explanation Answer: C) 270

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Filed Under: Biology
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Q:

A bank statement provided by the bank includes

A) The beginning and the ending balance of the depositor's account B) A list of outstanding check
C) A list of pretty cash amounts D) A listing of deposits in transit
 
Answer & Explanation Answer: A) The beginning and the ending balance of the depositor's account

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Q:

What does Coulomb's Law state?

A) The magnitude of the force of attraction (or repulsion) between two point charges is inversely proportional to the product of quantity of the two charges as well as to the square of the distance between them.   B) The magnitude of the force of attraction (or repulsion) between two point charges is directly proportional to the product of the quantity of the two charges and inversely proportional to the square of the distance between them.  
C) The magnitude of the force of attraction (or repulsion) between two point charges is directly proportional to the product of the quantity of the two charges and directly proportional to the square of the distance between them. D) The magnitude of the force of attraction (or repulsion) between two point charges is directly proportional to the product of the quantity of the two charges and to the square of the distance between them.
 
Answer & Explanation Answer: B) The magnitude of the force of attraction (or repulsion) between two point charges is directly proportional to the product of the quantity of the two charges and inversely proportional to the square of the distance between them.  

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Filed Under: Physics
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Q:

On 3 January 2018, Lok Sabha passed Ancient Monuments and Archaeological Site and Remains (Amendment) Bill, 2017 which amends the ______.

 

A) Ancient Monuments and Archaeological Sites and Remains (AMASR) Act, 1958 B) Ancient Monuments and Archaeological Sites and Remains (AMASR) Act, 1978
C) Ancient Monuments and Archaeological Sites and Remains (AMASR) Act, 1988 D) Ancient Monuments and Archaeological Sites and Remains (AMASR) Act, 1996
 
Answer & Explanation Answer: A) Ancient Monuments and Archaeological Sites and Remains (AMASR) Act, 1958

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