Questions

Q:

An indifference curve measures ______________ level of satisfaction derived from different combinations of commodity X and Y.

A) same B) higher
C) lower D) minimum
 
Answer & Explanation Answer: A) same

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Q:

The demand curve facing a perfectly competitive firm is

A) downward sloping B) perfectly inelastic
C) a concave curve D) perfectly elastic
 
Answer & Explanation Answer: D) perfectly elastic

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Q:

What is income available with a person after deducting for taxes called?

A) Disposable Income B) Cash Income
C) Salary D) General Income
 
Answer & Explanation Answer: A) Disposable Income

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Q:

India implemented the GST (Goods and Service Tax) from which month of 2017?

A) January B) March
C) July D) September
 
Answer & Explanation Answer: C) July

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Q:

Which country has won maximum number of World cup titles in football?

A) Argentina B) Brazil
C) France D) Italy
 
Answer & Explanation Answer: B) Brazil

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Q:

The Chief Minister of which state was, in October 2017, honoured with the Golden Peacock Award under the category 'Global Leadership in Public Service and Economic Transformation?

A) Bihar B) Telangana
C) Andhra Pradesh D) West Bengal
 
Answer & Explanation Answer: C) Andhra Pradesh

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Q:

Find the odd word/letters/number pair from the given alternatives.

A) BDFH B) ACEG
C) IKMO D) RTVW
 
Answer & Explanation Answer: D) RTVW

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Q:

Find the odd words / letters / numbers from the given alternatives .

A) ACEG B) IKMO
C) FHJL D) TUWY
 
Answer & Explanation Answer: D) TUWY

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