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 law of demand states that

A) if the price of a good increases, the demand for that good decreases. B) if the price of a good increases, the the demand for that good increases.
C) if the price of a good increases, the quantity demanded of that good decreases. D) if the price of a good increases, the quantity demanded of that good increases.
 
Answer & Explanation Answer: C) if the price of a good increases, the quantity demanded of that good decreases.

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Q:

The __________ exchange rate is the price of one unit of foreign currency in terms of domestic currency.

A) Artificial B) Nominal
C) Fixed D) Real
 
Answer & Explanation Answer: B) Nominal

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Q:

The ________ curve represents the demand of all consumers in the market taken together at different levels of the price of the good.

A) monotonic B) indifferent
C) market demand D) diminishing
 
Answer & Explanation Answer: C) market demand

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Q:

The work done in one complete revolution of the moon around the earth is equal to

A) centripetal force x radius of the orbit of the moon B) gravitational force x circumference of the orbit of the moon
C) gravitational force x diameter of the orbit of the moon D) zero
 
Answer & Explanation Answer: D) zero

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Filed Under: Physics
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Q:

The Brownian Motion was discovered by

A) Robert Brown B) Mandel Brown
C) Isaac Newton D) John Brown
 
Answer & Explanation Answer: A) Robert Brown

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Filed Under: Physics
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Q:

In August 2017, RBI announced to transfer approximately how much amount for the Financial Year 2016-17 as a dividend to the Government?

A) Rs 30,659 crore B) Rs 50,650 crore
C) Rs 60,659 crore D) Rs 70,659 crore
 
Answer & Explanation Answer: A) Rs 30,659 crore

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Filed Under: Indian Politics
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Q:

The first flight of SARAS PT1N, the new upgraded version of indigenous developed transport aircraft SARAS, took off from ______.

 

A) Hyderabad B) New Delhi  
C) Bengaluru   D) Chennai
 
Answer & Explanation Answer: C) Bengaluru  

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Filed Under: General Science
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