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:

Who presented the first Union budget of independent India?

A) Morarji Desai B) John Mathai
C) TT Krishnamachari D) RK Shanmukham Chetty
 
Answer & Explanation Answer: D) RK Shanmukham Chetty

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Q:

India was able to achieve the fiscal deficit target for the Financial Year 2016-17. It was how much percent of GDP?

A) 3.50% B) 4.20%
C) 3.00% D) 2.50%
 
Answer & Explanation Answer: A) 3.50%

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Q:

For the first time in Gujarat, who implemented Jizya tax?

A) Ahmed Shah I B) Mahmud Begda
C) Mujaffarshah I D) Mujaffarshah II
 
Answer & Explanation Answer: A) Ahmed Shah I

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Q:

The goal of expansionary fiscal policy is to increase

A) Unemployment B) The price level
C) Aggregate supply D) Real GDP
 
Answer & Explanation Answer: D) Real GDP

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Q:

The egg is carried from the ovary to the womb through

A) the uterus B) the vas deferens
C) the oviduct D) the cervix
 
Answer & Explanation Answer: C) the oviduct

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Q:

The bar graph shows the annual sales of the different departments of a company. Study the diagram and answer the following questions

What is the ratio of the annual sales of department B to that of department F?

A) 12:7 B) 7:12
C) 12:5 D) 5:12
 
Answer & Explanation Answer: A) 12:7

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Q:

Which is the largest fresh water lake in the world?

A) Lake victoria B) Lake Erie
C) Lake Superior D) Lake Ontario
 
Answer & Explanation Answer: C) Lake Superior

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