Questions

Q:

The short run marginal cost curve is ____ shaped.

A) U B) V
C) X D) W
 
Answer & Explanation Answer: A) U

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Q:

If quantity of good X demanded increases from 2300 to 2700 when price of good Y increases from Rs. 45 to Rs. 55, find Arc Cross elasticity of demand?

A) 4 B) 1.25
C) 0.25 D) 0.8
 
Answer & Explanation Answer: D) 0.8

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Q:

If price of an article decreases from Rs 600 to Rs 500, when quantity demanded increases from 10000 units to 12000 units. Find point elasticity of demand?

A) -1.2 B) 1.2
C) -1.5 D) 1.5
 
Answer & Explanation Answer: A) -1.2

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Q:

Which Indian stock exchange is planning to launch its own Initial Public Offering (IPO)?

A) Saurashtra Kutch Stock Exchange (SKSE) B) National Stock Exchange (NSE)
C) Cochin Stock Exchange (CoSE) D) Bombay Stock Exchange (BSE)
 
Answer & Explanation Answer: B) National Stock Exchange (NSE)

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Q:

On which river is the city Madurai situated?

A) Cooum B) Kaveri
C) Vaigai D) Pennar
 
Answer & Explanation Answer: C) Vaigai

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Q:

Diamond does not conduct electricity, because

A) It's structure is very compact B) It is of crystalline nature
C) There are only carbon atoms present in it D) No free electrons are present in it
 
Answer & Explanation Answer: D) No free electrons are present in it

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Q:

Around how much percent of earth's surface is covered with water?

A) 20-25% B) 40-50%
C) 70-80% D) 55-60%
 
Answer & Explanation Answer: C) 70-80%

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Q:

The term of a Governor is

A) 4 Years B) 5 Years
C) 6 Years D) 3 Years
 
Answer & Explanation Answer: B) 5 Years

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