Questions

Q:

World Climate conference popularly known as COP-21 (2015) was held in ___.

A) New York B) London
C) Paris D) Berlin
 
Answer & Explanation Answer: C) Paris

Explanation:
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Q:

The  rank  of  Captain  of  the  Indian  Navy  is equivalent to which one of the following?

A) Captain of the Indian Army B) Group Captain in the Indian Air Force
C) Lieutenant Colonel of the Indian Army D) Wing  Commander  of  the  Indian  Air Force
 
Answer & Explanation Answer: B) Group Captain in the Indian Air Force

Explanation:

Rank  of  captain  of  Indian  Navy  is equivalent   to   Group   captain   of Indian Air Force.

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Q:

Which country, on 25 October 2017 announced that it would be introduced a minimum wage for workers?

A) Bahrain B) Kuwait
C) Oman D) Qatar
 
Answer & Explanation Answer: A) Bahrain

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Q:

IMF has predicted that the global economy would grow at _______ % in 2017.

A) 5.5 B) 4.5
C) 3.5 D) 2.5
 
Answer & Explanation Answer: C) 3.5

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Q:

'Group of Monuments' at Mahabalipuram one of the 'UNESCO World Heritage Site' founded by the Pallava Kings is in ____ district of ____.

A) Thanjavur, Tamil Nadu B) Kancheepuram, Tamil Nadu
C) Sivagangai, Tamil Nadu D) Nilgiris, Tamil Nadu
 
Answer & Explanation Answer: B) Kancheepuram, Tamil Nadu

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Q:

If the average total cost are Rs 54, total fixed cost is Rs 45000 and quantity produced is 2500 units, find the average variable costs (in Rs) of the firm?

A) 24 B) 18
C) 36 D) 60
 
Answer & Explanation Answer: C) 36

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Q:

__________ is defined as the output per unit of variable input

A) Marginal product B) Production function
C) Total product D) Average product
 
Answer & Explanation Answer: D) Average product

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Q:

Increase in the demand for a good will cause the equilibrium price of the good to ________ and the equilibrium quantity to _________.

A) increase; increase B) decrease; decrease
C) increase; decrease D) decrease; increase
 
Answer & Explanation Answer: A) increase; increase

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