Questions

Q:

Calculate the accounting profits for a firm, if its economic profits for the year are Rs 60 crores, total implicit costs are Rs 18.5 crores and total explicit costs are Rs 35 crores

A) Rs 113.5 crores B) Rs 43.5 crores
C) Rs 76.5 crores D) Rs 78.5 crores
 
Answer & Explanation Answer: D) Rs 78.5 crores

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Q:

If quantity of good X demanded increases from 4000 units to 5000 units when price of good Y increases from Rs 75 to Rs 90, find Arc Cross elasticity of demand?

A) 0.55 B) 1.66
C) 0.25 D) 1.22
 
Answer & Explanation Answer: D) 1.22

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Q:

The concept of Triratna belonged to

A) Sikhism B) Jainism
C) Buddhism D) Zoroastrianism
 
Answer & Explanation Answer: C) Buddhism

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Filed Under: Indian Culture
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Q:

Black soil is also known by which of the following name ?

A) Khadar Soil B) Bangar Soil
C) Alluivial Soil D) Regur soil
 
Answer & Explanation Answer: D) Regur soil

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Q:

Collab is the new music video application launched by which major company?

A) Amazon B) Apple
C) Microsoft D) Facebook
 
Answer & Explanation Answer: D) Facebook

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Q:

As of February 2018, who is the Chief Minister of Kerala?

A) Oomen Chandy B) AK Antony
C) VS Achuthanandan D) Pinarayi Vijayan
 
Answer & Explanation Answer: D) Pinarayi Vijayan

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Q:

On 10 April 2017, Lok Sabha passed Constitution (123rd Amendment) Bill, 2017. The Bill seeks to insert a new article 342-A which empowers whom to notify the list of socials educationally backward classes of that state/union territory? 

 

A) Prime Minister   B) President
C) Vice President D) Finance Minister
 
Answer & Explanation Answer: B) President

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Q:

Which among the following is not a qualification to become a Vice President of India?

A) Citizen of India B) Above 35 years of age
C) Possess the Membership of Lok Sabha D) Possess the Membership of Rajya Sabha
 
Answer & Explanation Answer: C) Possess the Membership of Lok Sabha

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