Q:

The average variable cost curve is ____ shaped.

A) U	B) V
C) X	D) W

Answer & Explanation Answer: A) U

Explanation:

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Q:

An increase in the growth rate of the nominal money supply results in

A) Lower rate of inflation	B) Higher rate of inflation
C) Lower interest rates	D) Currency appreciation

Answer & Explanation Answer: B) Higher rate of inflation

Explanation:

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Q:

Who is the only Indian economist to have won the Nobel prize?

A) Avinash Dixit	B) Amit Mishra
C) Amartya Sen	D) Abhijit Banerjee

Answer & Explanation Answer: C) Amartya Sen

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Q:

Sphalerite is an ore/mineral of

A) Mercury	B) Molybdenum
C) Silver	D) Zinc

Answer & Explanation Answer: D) Zinc

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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:

Time period of Annual Plans was ___________.

A) 1990-1992	B) 1987-1990
C) 1992-1994	D) No option is correct

Answer & Explanation Answer: A) 1990-1992

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Q:

Which three processes are methods of genetic recombination?

A) independent assortment	B) Crossing over
C) fertilization	D) All the above

Answer & Explanation Answer: D) All the above

Explanation:

Genetic recombination is a complex process that involves alignment of two homologous DNA strands, precise breakage of each strand, equal exchange of DNA segments between the two strands, and sealing of the resultant recombined DNA molecules through the action of enzymes called ligases.

Crossing over, independent assortment and fertilization are methods of genetic recombination.

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Q:

How many seats are reserved for representatives of Scheduled Castes and Scheduled Tribes in Lok Sabha?

A) 39	B) 85
C) 109	D) 131

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