Questions

Q:

What marks the onset of puberty in females?

A) Menopause B) Adolescence
C) Menstruation D) Menarche
 
Answer & Explanation Answer: D) Menarche

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Filed Under: Biology
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Q:

7 workers work in a printing press. Each gets paid Rs 450 per day. The 8th worker demands Rs 500 per day. If this worker is hired then all other workers must be paid Rs 500. The marginal resource (labour) cost of the 8th worker is _______.

A) Rs 50 B) Rs 850
C) Rs 400 D) Rs 100
 
Answer & Explanation Answer: B) Rs 850

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Filed Under: Indian Economy
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Q:

In a centrally planned economy, the ____________ plans all the important activities in the economy.

A) Industrialists B) Citizens
C) Government D) Judiciary
 
Answer & Explanation Answer: C) Government

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Filed Under: Indian Economy
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Q:

At the equilibrium price

A) quantity demanded is equal to quantity supplied B) quantity demanded is greater than quantity supplied
C) price elasticity of demand is unity D) elasticity of demand equals elasticity of supply
 
Answer & Explanation Answer: A) quantity demanded is equal to quantity supplied

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Q:

If for a perfectly competitive firm, price is Rs 7.2, output is 4500 units, average variable costs are Rs 1.2, and average total costs are Rs 4. The firm's profits are equal to

A) Rs 7200 B) Rs 9000
C) Rs 14400 D) Rs 19800
 
Answer & Explanation Answer: C) Rs 14400

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Filed Under: Indian Economy
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Q:

Macro economics deals with

A) the circular flow of income B) the decision making of a single economic variable like demand
C) resource allocation at firm level D) equilibrium prices and quantities
 
Answer & Explanation Answer: A) the circular flow of income

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Q:

Which of the following is added to iron to make iron hard and strong?

A) Zinc B) Copper
C) Carbon D) Sodium
 
Answer & Explanation Answer: C) Carbon

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Filed Under: Chemistry
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Q:

The South China Sea Dispute involves which of the following countries?1. China2. Vietnam3. Malaysia4. IndonesiaSelect the correct answer using the code given below.

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

Explanation:

The South China Sea disputes involve both island and maritime claims among several sovereign states within the region, namely Brunei, the People's Republic of China (PRC), Republic of China (Taiwan), Malaysia, the Philippines, and Vietnam.

Although Indonesia is not part of claims in the South China Sea dispute, after Joko Widodo became President of the country in 2014, he instituted a policy in 2015 that, if any foreign fishermen were caught illegally fishing in Indonesian waters, their vessels would be destroyed.

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Filed Under: General Awareness
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