Questions

Q:

Calculate the economic profit for a firm if it's total revenues are Rs. 35 crores, explicit costs are Rs. 7 crores, and implicit costs are Rs. 10 crores.

A) Rs. 32 crores B) Rs. 52 crores
C) Rs. 18 crores D) Rs. 38 crores
 
Answer & Explanation Answer: C) Rs. 18 crores

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Filed Under: Indian Economy
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Q:

Which level does macroeconomics focus on?

A) Government B) Business
C) Personal D) None
 
Answer & Explanation Answer: A) Government

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Filed Under: Indian Economy
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Q:

Calculate a country's GDP if for the year, consumer spending is $900 million, government spending is $250 million, investment by businesses is $180 million, exports are $85 million and imports are $100 million.

A) $1345 million B) $1315 million
C) $955 million D) $815 million
 
Answer & Explanation Answer: B) $1315 million

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Filed Under: Indian Economy
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Q:

Which of the following best describes monetary policy?

A) Managing the economy by controlling the money supply B) Determining the design printed on the national currency
C) Regulating transactions in the currency exchange market D) Raising and lowering the foreign exchange rate
 
Answer & Explanation Answer: A) Managing the economy by controlling the money supply

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Q:

Which subatomic particle determines the identity of an element?

A) Electrons B) Protons
C) Neutrons D) All the above
 
Answer & Explanation Answer: B) Protons

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Filed Under: Biology
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Q:

Which of the following salts is acidic in nature?

A) Sodium Carbonate B) Ammonium Phosphate
C) Magnesium Sulphate D) Sadium Acetate
 
Answer & Explanation Answer: A) Sodium Carbonate

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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 reason Priya was late (1)/ to the meeting is because her (2)/ flight was delayed. (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:

Salil Parekh, who took charge as the new CEO of Infosys, is moving out from which company to join and lead Infosys?

A) IBM B) Accenture
C) Capgemini D) Wipro
 
Answer & Explanation Answer: C) Capgemini

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Filed Under: General Awareness
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