Questions

Q:

In which of the following types of economy are the factors of production owned individually?

A) Capitalist B) Socialist
C) Mixed D) Both Capitalist and Socialist
 
Answer & Explanation Answer: A) Capitalist

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Filed Under: Indian Economy
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Q:

‘Capital gains’ refers to goods which

A) serve as a source of raising further capital B) help in the further production of goods
C) directly go into the satisfaction of human wants D) find multiple uses
 
Answer & Explanation Answer: B) help in the further production of goods

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Filed Under: Indian Economy
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Q:

­ Inflation exists when

A) there is general increase in the prices over time. B) there are periodic decreases in the price level.
C) there are continuous increases in the output level over time. D) there is rise in the purchasing value of money.
 
Answer & Explanation Answer: A) there is general increase in the prices over time.

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Filed Under: Indian Economy
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Q:

If for a perfectly competitive firm, price is Rs 7.2, output is 4500 units, average variable costs are Rs 1.2, and average total costs are Rs 4. The firm's profits are equal to

A) Rs 7200 B) Rs 9000
C) Rs 14400 D) Rs 19800
 
Answer & Explanation Answer: C) Rs 14400

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Filed Under: Indian Economy
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Q:

What temperature does bacteria grow quickest at

A) 40°F and 140°F B) 14°C and 90°C
C) 80°F and 140°F D) None
 
Answer & Explanation Answer: A) 40°F and 140°F

Explanation:

Most bacteria will grow rapidly between 4°C and 60°C (40°F and 140°F).

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Filed Under: Biology
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Q:

Ping-pong Diplomacy is related to which of the following countries?

A) Myanmar B) Japan
C) China D) Taiwan
 
Answer & Explanation Answer: C) China

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Filed Under: General Awareness
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Q:

Which Malayalam actress won the National Film Award for the film 'Minnaminungu' in 2017?

A) Amala Paul B) Surabhi Lakshmi
C) Gopika D) Mamta Mohandas
 
Answer & Explanation Answer: B) Surabhi Lakshmi

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Filed Under: Honours and Awards
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Q:

S. Balachander is associated to which musical instrument?

A) Sitar B) Santoor
C) Veena D) Sarangi
 
Answer & Explanation Answer: C) Veena

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Filed Under: Famous Personalities
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