Questions

Q:

______ is a strong drug that doctors give to people to make them calm or help them sleep.

A) Barbiturate B) Antidepressant
C) Antihistamine D) Beta-Blocker
 
Answer & Explanation Answer: A) Barbiturate

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Q:

The McMahon Line, which sets the boundary between India and China, is drawn to the northern boundary of which of the following states?

A) Jammu and Kashmir B) Uttar Pradesh
C) Himachal Pradesh D) Arunachal Pradesh
 
Answer & Explanation Answer: D) Arunachal Pradesh

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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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Filed Under: Indian Economy
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Q:

If the ___________ firm has zero costs or only has fixed cost, the quantity supplied in equilibrium is given by the point where the average revenue is zero.

A) Perfect Competition B) Monopoly
C) Oligopoly D) Monopolistic Competition
 
Answer & Explanation Answer: A) Perfect Competition

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Q:

If quantity of good X demanded increases from 2300 to 2700 when price of good Y increases from Rs. 45 to Rs. 55, find Arc Cross elasticity of demand?

A) 4 B) 1.25
C) 0.25 D) 0.8
 
Answer & Explanation Answer: D) 0.8

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Q:

A hand made paper workshop can hire 8 craftsmen by paying them Rs 400 per person per day. The 9th craftsman demands Rs 450 per day. If this craftsman is hired then all other craftsmen must be paid Rs 450. The marginal resource (labour) cost of the 9th craftsman is

A) Rs 50 B) Rs 850
C) Rs 800 D) Rs 100
 
Answer & Explanation Answer: B) Rs 850

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Q:

In October 2017, RBI planned to make ______ compulsory for companies having aggregate exposure over Rs 5 crore.

A) Index Identifier B) Economic Fund Identifier
C) Legal Entity Identifier D) No option is correct
 
Answer & Explanation Answer: C) Legal Entity Identifier

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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 more obvious feature (1)/ of the modern world is the enormous (2)/ development of Science and Technology. (3)/ No error (4)

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

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Filed Under: English
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