Q:

A commodity market has a _________ structure, if there is one seller of the commodity, the commodity has no substitute, and entry into the industry by another firm is prevented.

A) Perfect Competition	B) Monopoly
C) Oligopoly	D) Monopolistic Competition

Answer & Explanation Answer: B) Monopoly

Explanation:

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Filed Under: Indian Economy
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Q:

Alveoli is related to which of the following system of human body?

A) Circulatory system	B) Excretory system
C) Reproductive system	D) Respiratory system

Answer & Explanation Answer: D) Respiratory system

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Filed Under: Biology
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Q:

Read each sentence to find out whether there is any error in any underlined part and indicate your response in the Answer Sheet against the corresponding letter i.e., (a) or (b) or (c). If you find no error, your response should be indicated as (d).

A) One of the most interesting feature of travel in Himachal Pradesh is	B) is the large number of travellers’ lodges
C) provided by the State Government.	D) No error

Answer & Explanation Answer: A) One of the most interesting feature of travel in Himachal Pradesh is

Explanation:

The error is in first part. ‘One of the’ should always be followed by a plural noun, expressing that the speaker chooses one from many. Hence ‘features of travel’ is the correct expression, indicating that there are many interesting features about Himachal Pradesh but the most interesting one among them is the provision of large number of travelers’ lodges.

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Filed Under: English
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Q:

Goitre is caused by the deficiency of ___________

A) Zinc	B) Calcium
C) Iodine	D) Chlorine

Answer & Explanation Answer: C) Iodine

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Filed Under: Biology
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Q:

Which of the following is NOT a radioactive element?

A) Uranium	B) Plutonium
C) Titanium	D) Thorium

Answer & Explanation Answer: C) Titanium

Explanation:

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Q:

The change in the optimal quantity of a good when its price changes and the consumer’s income is adjusted so that she can just buy the bundle that she was buying before the price change is called?

A) Law of demand	B) Substitution effect
C) Problem of choice	D) Optimal choice

Answer & Explanation Answer: B) Substitution effect

Explanation:

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Q:

The closest example of a centrally planned economy is the __________ for the major part of the 20th Century.

A) USA	B) India
C) Soviet Union	D) Japan

Answer & Explanation Answer: C) Soviet Union

Explanation:

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Q:

Which of the following is a Non-Luminous body?

A) Glowing bulb	B) Moon
C) Burning candle	D) Firefly

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