Questions

Q:

Short run marginal cost curve cuts the average variable cost curve from _______ at the minimum point of average variable cost.

A) top B) below
C) right D) left
 
Answer & Explanation Answer: B) below

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Q:

If a perfectly competitive firm can increase its profits by increasing its output, then that firm's product's _____.

A) price exceeds its marginal costs B) price exceeds its average total costs
C) average variable costs exceed its average total costs D) fixed costs are zero
 
Answer & Explanation Answer: A) price exceeds its marginal costs

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Q:

The 14th Finance Commission has recommended increase in States share in net proceeds from tax collection from 32% to

A) 35% B) 40%
C) 42% D) 45%
 
Answer & Explanation Answer: C) 42%

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Q:

If tea companies start using mechanised tea leave pickers

A) more people would want to work as tea leave pickers B) unemployment of tea leave pickers will decrease
C) more tea will be produced per acre D) then wages for manual tea leave pickers will fall
 
Answer & Explanation Answer: D) then wages for manual tea leave pickers will fall

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Q:

According to the Constitution, the ratio between the length and breadth of the national tricolor should be

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

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Filed Under: Indian Politics
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Q:

In which of the following, Nylon is used?

A) Sleeping bags B) Parachute
C) Toothbrush D) All options are correct
 
Answer & Explanation Answer: D) All options are correct

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Filed Under: General Science
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Q:

The red planet is ___________.

A) Venus B) Saturn
C) Mars D) Neptune
 
Answer & Explanation Answer: C) Mars

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Filed Under: General Science
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Q:

In which generation of computer was the mechanical language for programming used?

A) First B) Second
C) Third D) Fourth
 
Answer & Explanation Answer: A) First

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Filed Under: Computer
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