Questions

Q:

Calculate the economic profit for a firm if it's total revenues are Rs. 35 crores, explicit costs are Rs. 7 crores, and implicit costs are Rs. 10 crores.

A) Rs. 32 crores B) Rs. 52 crores
C) Rs. 18 crores D) Rs. 38 crores
 
Answer & Explanation Answer: C) Rs. 18 crores

Explanation:
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Filed Under: Indian Economy
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Q:

Which is the form of market where there is lack of competition?

A) Monopoly B) Oligopoly
C) Perfect competition D) Marketisation
 
Answer & Explanation Answer: A) Monopoly

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Q:

Which one of the following is lyophilic colloid?

A) Gold sol B) Smoke
C) Cloud D) Starch aqueous solution
 
Answer & Explanation Answer: D) Starch aqueous solution

Explanation:

Starch aqueous solution is a lyophilic colloidal solution.

 

Lyophilic colloids are liquid loving colloids.  When these colloids are mixed with suitable liquid high force of attraction exists between colloidal particles and liquid.

 

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Filed Under: Chemistry
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Q:

One of the techniques used for desalination of sea water is

A) Filtration B) Distillation
C) Evaporation D) Condensation
 
Answer & Explanation Answer: B) Distillation

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Q:

Read each sentence to find out whether there is any error in any underlined part and indicate your response in the Answer Sheet against the corresponding letter i.e., (a) or (b) or (c). If you find no error, your response should be indicated as (d).

A) If a thing B) is worth doing at all
C) it is worth done well. D) No error
 
Answer & Explanation Answer: C) it is worth done well.

Explanation:

Error is in third part. Since “doing” was used in second part it should be followed by “doing” in third part as well instead of using “done”. Such repetitive figure of speech is used in
English grammar to create emphasis. This sentence indicates that a thing that is worth doing is also worthy of doing well. Here worth is the noun that must be followed by the verb doing.

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Filed Under: English
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Q:

Who has the right to decide whether a Bill is a money bill or not?

A) Speaker of Lok Sabha B) Prime Minister
C) President D) Finance Minister
 
Answer & Explanation Answer: A) Speaker of Lok Sabha

Explanation:
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Q:

Which  one  of  the  following  constitutional authorities  inquires  and  decides  in  case  of doubts  and  disputes  arising  out  of  election of  the  President  and  Vice  President  Of India?

A) The Supreme Court of India B) The Election Commission of India
C) The Parliamentary Committee D) The High Court of Delhi
 
Answer & Explanation Answer: A) The Supreme Court of India

Explanation:

Supreme     Court     inquires     and decides   in   case   of   doubts   and disputes  arising  out  of  elections  of President    and    Vice    president.

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Q:

The President of India appoints how many Chief Election Commissioner(s)?

A) One B) Two
C) Three D) Four
 
Answer & Explanation Answer: A) One

Explanation:
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