Questions

Q:

Which of the following is not a constituent of biogas?

A) Carbon dioxide B) Hydrogen Sulphide
C) Methane D) Carbon Monoxide
 
Answer & Explanation Answer: A) Carbon dioxide

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Q:

In India, how much percent of GDP is the fiscal deficit target for the Financial Year 2017-18?

A) 4.20% B) 3.20%
C) 2.20% D) 4.00%
 
Answer & Explanation Answer: B) 3.20%

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Q:

A ___________ deficit is financed by net capital flows from the rest of the world, thus by a capital account surplus.

A) Current Account B) Savings Account
C) Capital Account D) Asset Account
 
Answer & Explanation Answer: A) Current Account

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Q:

What is an octroi ?

A) Tax B) Tax collection centre
C) Tax processing centre D) Tax information centre
 
Answer & Explanation Answer: A) Tax

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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 marginal revenue is zero.

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

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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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Q:

In a market system, the central problems regarding how much and what to produce are solved through the coordination of economic activities brought about by ________ signals.

A) Supply B) Demand
C) Price D) Stock Market
 
Answer & Explanation Answer: C) Price

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Q:

The question below consists of a set of labelled sentences. Out of the four options given, select the most logical order of the sentences to form a coherent paragraph.


P- The starting point can be the experience of a minority within society generally or even the experience of a group of people within a progressive social movement
which does not live up to its progressive agenda in every respect.
Q- Within (or after) postmodernism a grand unifying theory no longer seems possible. This does not exclude the possibility or the necessity of dialogue.
R- The starting points of social criticism can be very different and the different forms of socialism never has a monopoly on Social Criticism.
S- Nevertheless most social critics still consider the Critique of capitalism to be central.

A) PRQS B) RPQS
C) RQPS D)  PSRQ
 
Answer & Explanation Answer: B) RPQS

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