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Q:

In ____________, the short run equilibrium results in quantity produced being lesser and prices being higher compared to perfect competition.

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

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Filed Under: Indian Economy
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Q:

If cash reserve ratio decreases, credit creation will _______.

A) increase B) decrease
C) does not change D) first decreases than increases
 
Answer & Explanation Answer: A) increase

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Filed Under: Indian Economy
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Q:

Calculate the accounting profits for a firm, if its economic profits for the year are Rs 60 crores, total implicit costs are Rs 18.5 crores and total explicit costs are Rs 35 crores

A) Rs 113.5 crores B) Rs 43.5 crores
C) Rs 76.5 crores D) Rs 78.5 crores
 
Answer & Explanation Answer: D) Rs 78.5 crores

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Q:

Who of the following founded the Vikramashila University?

A) Devapala I B) Dharmpala
C) Gopala D) Devapala II
 
Answer & Explanation Answer: B) Dharmpala

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Filed Under: Indian History
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Q:

Which of these rivers primarily flows in South Africa?

A) Nile River B) Orange River
C) Niger River D) Congo River
 
Answer & Explanation Answer: B) Orange River

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Filed Under: World Geography
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Q:

Which of the following does not come under Fundamental Duty?

A) To safeguard public property B) To protect and improve the natural environment
C) To promote harmony D) To protect freedom of speech and expression
 
Answer & Explanation Answer: D) To protect freedom of speech and expression

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Filed Under: Indian Politics
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Q:

Article 21 of the Indian Constitution "Protection of life and personal liberty" deals with?

A) the Union Government B) the fundamental rights of the Indian Citizen
C) the State Government D) the directive principles of state policy
 
Answer & Explanation Answer: B) the fundamental rights of the Indian Citizen

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Q:

If a healthy freshwater fish is placed in salt water, what will be the expected consequence ?

A) The fish becomes dehydrated and dies B) The fish becomes bloated and dies
C) The fish suffers from fungal or bacterial disease and dies D) There is no observable effect on the fish provided there is sufficient food
 
Answer & Explanation Answer: A) The fish becomes dehydrated and dies

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Filed Under: General Science
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