Questions

Q:

Which among the following is an example of micro-economic variable?

A) National Income B) Aggregate Supply
C) Employment D) Consumer's Equilibrium
 
Answer & Explanation Answer: D) Consumer's Equilibrium

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Filed Under: Indian Economy
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Q:

If a perfectly competitive firm can increase its profits by increasing its output, then that firm's product's _____.

A) price exceeds its marginal costs B) price exceeds its average total costs
C) average variable costs exceed its average total costs D) fixed costs are zero
 
Answer & Explanation Answer: A) price exceeds its marginal costs

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Q:

___________________________ is an Indian Government Savings Bond, primarily used for small savings and income tax saving investments in India.

A) Provident Fund B) Life Insurance Policies
C) National Saving Certificate D) Long term government bonds
 
Answer & Explanation Answer: C) National Saving Certificate

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Q:

If for the year a country's GDP was $ 1315 million, consumer spending was $900 million, investment by businesses was $180 million, exports were $85 million and imports were $100 million, calculate government spending?

A) $220 million B) $250 million
C) $580 million D) $610 million
 
Answer & Explanation Answer: B) $250 million

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Q:

Ravichandran Ashwin became the fastest player in the world (in terms of number of test matches) to get 300 wickets in test cricket in November 2017. Whose record did Ashwin break?

A) Dennis Lillee B) Muthiah Muralitharan
C) Richard Hadlee D) Malcolm Marshall
 
Answer & Explanation Answer: A) Dennis Lillee

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Q:

If the sum of three consecutive numbers is 15, what is the square of the middle number ?

A) 16 B) 25
C) 36 D) 9
 
Answer & Explanation Answer: B) 25

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Q:

Parliament House in Delhi was constructed during

A) 1895-1900 B) 1901-1909
C) 1921-1927 D) 1931-1935
 
Answer & Explanation Answer: C) 1921-1927

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Filed Under: Indian History
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Q:

In Jan 2016, who among the following was chosen as the new face for Incredible India Campaign?

A) Aamir Khan B) Amitabh Bachchan
C) Shah Rukh Khan D) Salman Khan
 
Answer & Explanation Answer: B) Amitabh Bachchan

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