Questions

Q:

For each perfectly competitive firm in the long run

A) price = marginal costs = average variable costs B) price = average profit
C) price = marginal costs = minimum average total costs D) price = minimum average variable costs
 
Answer & Explanation Answer: C) price = marginal costs = minimum average total costs

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Filed Under: Indian Economy
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Q:

The existence of a parallel economy (black money) ___________.

A) makes economy more competitive B) makes the monetary policies less effective
C) ensures a better distribution of income and wealth D) ensures increasing productive investment
 
Answer & Explanation Answer: B) makes the monetary policies less effective

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Filed Under: Indian Economy
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Q:

In perfect competition _____.

A) Products can be similar or different B) Producer can control price by controlling production
C) Demand curve is perfectly elastic D) All firms make economic profit in the long run
 
Answer & Explanation Answer: C) Demand curve is perfectly elastic

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Filed Under: Indian Economy
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Q:

Which of the following is not the properties of an ionic compound?

A) Soluble in water and insoluble in petrol B) High melting and boiling points
C) Low melting and boiling points D) Solid and hard
 
Answer & Explanation Answer: C) Low melting and boiling points

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Filed Under: Chemistry
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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select 'No error'.
The student asked me if (1)/ I knew that Kalidas was the greater (2)/ than any other poet. (3)/ No Error (4)

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: B) 2

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Filed Under: English
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Q:

Which bill can be introduced without the prior recommendation of the President of India?

A) Money Bill B) Finance Bill
C) Ordinary Bill D) No option is correct
 
Answer & Explanation Answer: C) Ordinary Bill

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Filed Under: Indian Politics
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Q:

After how much time the laws made by Parliament on the state subjects during a National Emergency become inoperative and cease to operate?

 

A) Three months B) Six months
C) Nine months D) Twelve months
 
Answer & Explanation Answer: B) Six months

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Q:

Kalindi is another name of the river

A) Ganges B) Bhagirathi
C) Yamuna D) Brahmaputra
 
Answer & Explanation Answer: C) Yamuna

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Filed Under: General Awareness
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