Q:

In which of the following types of economy are the factors of production owned individually?

A) Capitalist	B) Socialist
C) Mixed	D) Both Capitalist and Socialist

Answer & Explanation Answer: A) Capitalist

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Q:

In perfect competition _____.

A) Products can be similar or different	B) Producer can control price by controlling production
C) Demand curve is perfectly elastic	D) All firms make economic profit in the long run

Answer & Explanation Answer: C) Demand curve is perfectly elastic

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Q:

Which of the following was built by the ancient Incas?

A) City of Petra	B) Hagia Sophia
C) Machu Picchu	D) Acropolis

Answer & Explanation Answer: C) Machu Picchu

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Q:

Who received the Dinanath Mangeshkar award for 2015?

A) Sanjay Leela Bhansali	B) Ranveer Kapoor
C) Anil Kapoor	D) Amir Khan

Answer & Explanation Answer: C) Anil Kapoor

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Q:

__ won the FIFA Ballon d'Or award for the best player in the World in 2015.

A) Cristiano Ronaldo	B) Neymar
C) Lionel Messi	D) Luis Suarez

Answer & Explanation Answer: C) Lionel Messi

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Q:

Syed Modi International Grand Prix Gold Championship is held every year at ___.

A) Chandigarh	B) Lucknow
C) Delhi	D) Hyderabad

Answer & Explanation Answer: B) Lucknow

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Q:

Which Mughal Emperor was deported to Rangoon by the British?

A) Bahadur Shah Zafar	B) Bahadur Shah III
C) Bahadur Shah Ahmed Shah	D) Bahadur Shah I

Answer & Explanation Answer: A) Bahadur Shah Zafar

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Q:

In the following questions, one part of the sentence may have an error. Find out which part of the sentence has an error and click the button corresponding to it. If the sentence is free from error, click the "No error" option.

The job for drawing water (A) / from the village well is usually (B) / carried out by the women and young girls. (C) / No Error (D)

A) A	B) B
C) C	D) D

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