Questions

Q:

In which market form, a market or an industry is dominated by a single seller?

A) Oligopoly B) Monopoly
C) Duopoly D) Monopolistic Competition
 
Answer & Explanation Answer: B) Monopoly

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Q:

The law of demand states that

A) if the price of a good increases, the demand for that good decreases. B) if the price of a good increases, the the demand for that good increases.
C) if the price of a good increases, the quantity demanded of that good decreases. D) if the price of a good increases, the quantity demanded of that good increases.
 
Answer & Explanation Answer: C) if the price of a good increases, the quantity demanded of that good decreases.

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Q:

In economics secondary effects refer to the

A)  best alternative that must be forgone as the result of a choice. B) immediate and visible intended consequences of a change.
C) impact of the scarcity of resources on the scarcity of the goods that are produced with those resources. D) unintended consequences of a change that are not immediately identifiable but are felt only with time.
 
Answer & Explanation Answer: B) immediate and visible intended consequences of a change.

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Q:

In the following question, a sentence has been given in Active/Passive voice. Out of the four alternatives suggested, select the one which best
expresses the same sentence in Passive/Active voice.
The theatre was keeping a seat for you.

A) A seat was being kept for you by the theatre. B) Keeping of a seat for you has been done by the theatre.
C) The theatre has kept a seat for you. D) A seat would be kept for you by the theatre.
 
Answer & Explanation Answer: A) A seat was being kept for you by the theatre.

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Q:

Which of the following is an amphoteric oxide?

A) Aluminium oxide B) Iron oxide
C) Magnesium oxide D) Carbon dioxide
 
Answer & Explanation Answer: A) Aluminium oxide

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Q:

Which of the following periodicals is not correctly matched with its editor?

A) Bande Mataram:Aurobindo Ghosh B) New India:Bipin Chandra Pal
C) Yugantar:Bhupendranath Dutta D) Sandhya:Barindra Ghosh
 
Answer & Explanation Answer: D) Sandhya:Barindra Ghosh

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Q:

Which dynasty was started by Khizr Khan ?

A) The Sayyids B) The Lodhis
C) The Rajputs D) The Khiljis
 
Answer & Explanation Answer: A) The Sayyids

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Q:

Three freedom fighters including Bipin Chandra Pal were popularly known as Lal-Bal-Pal. Who were the other two?

A) Subhash Chandra Bose & Bal Gangadhar Tilak B) Bal Gangadhar Tilak & Lala Lajpat Rai
C) Lala Lajpat Rai & Bhagat Singh D) Ram Prasad Bismil & Bhikaiji Cama
 
Answer & Explanation Answer: B) Bal Gangadhar Tilak & Lala Lajpat Rai

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