Questions

Q:

If a consumer's demand for a good moves in the same direction as the consumer's income, the consumer's demand for that good must be inversely related to the price of the good is called __________.

A) Law of demand B) Law of supply
C) Law of substitution D) Law of optimal choice
 
Answer & Explanation Answer: A) Law of demand

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Filed Under: Indian Economy
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Q:

If the fixed costs of a factory producing candles is Rs 20,000, selling price is Rs 30 per dozen candles and variable cost is Rs 1.5 per candle, what is the break-even quantity?

A) 20000 B) 10000
C) 15000 D) 12000
 
Answer & Explanation Answer: A) 20000

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Q:

Name the first Indian to get Nobel prize in economics.

A) Amartya Sen B) C V Raman
C) Mihir Sen D) Arun Shourie
 
Answer & Explanation Answer: A) Amartya Sen

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Q:

Who is the author of the Indian English Novel 'Sita : Warrior of Mithila' published in 2017?

A) Rahul Mehta B) Chetan Bhagat
C) Amish Tripathi D) Robin Sharma
 
Answer & Explanation Answer: C) Amish Tripathi

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Filed Under: Books and Authors
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Q:

In the following question, select the odd letter/letters from the given alternatives

A) RTV B) HJL
C) KMP D) BDF
 
Answer & Explanation Answer: C) KMP

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Q:

Victoria Memorial in Kolkata was proposed to be built by

A) Lord Canning B) George Curzon
C) William Hastings D) Lord William Bentinck
 
Answer & Explanation Answer: B) George Curzon

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Filed Under: Indian History
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Q:

Which of the following countries has built the world's biggest air purifier, a 328 feet high tower, to combat air pollution?

 

A) Germany B) India
C) Australia D) China
 
Answer & Explanation Answer: D) China

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Filed Under: World Geography
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Q:

Which layer of earth is liquid?

A) inner core B) outer mantle
C) outer core D) crust
 
Answer & Explanation Answer: C) outer core

Explanation:

 The crust and the inner core are solid, whereas the outer core and inner mantle are liquid. The outer mantle is semi solid.

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Filed Under: General Science
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