Questions

Q:

For a price taking firm, average revenue is ______ market price.

A) half of B) equal to
C) double of D) less than
 
Answer & Explanation Answer: B) equal to

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Q:

The public debt is the

A) total amount borrowed by the government of a country B) The funds raised for a cause in the country
C) the tax amount overall the country D) none
 
Answer & Explanation Answer: A) total amount borrowed by the government of a country

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Q:

Which of the following is considered a "diversified" investment?

A) Index Fund B) Mutual Fund
C) Both of these D) Neither of these
 
Answer & Explanation Answer: C) Both of these

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Q:

If the average total cost are Rs 2400, average variable cost is Rs 1700 and quantity produced is 75 units, find the total fixed costs of the firm?

A) Rs 52500 B) Rs 127500
C) Rs 180000 D) Rs 60000
 
Answer & Explanation Answer: A) Rs 52500

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Q:

Insure payment of minimum wages for tea leave pickers

A) will improve quality of tea. B) will reduce unemployment of tea leave pickers.
C) decreases unemployment. D) will increase picking cost for all tea companies.
 
Answer & Explanation Answer: D) will increase picking cost for all tea companies.

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Q:

As per Economic survey 2017-18, the percentage contribution of the services sector to India's GDP will be in the range of

A) Between 40-50% B) Greater than 50%
C) Less than 30% D) Between 30-40%
 
Answer & Explanation Answer: B) Greater than 50%

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Q:

Which of the following is not regarded as helpful to compost?

A) Egg shells B) Sawdust
C) Tea-bags D) Fish bones
 
Answer & Explanation Answer: D) Fish bones

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Q:

___ is a multicellular organism.

A) Mycoplasma B) Paramoecium
C) Agaricus D) Cyanobacteria
 
Answer & Explanation Answer: C) Agaricus

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Filed Under: Biology
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