Questions

Q:

Match the characteristics with their market structure:
(a) Expand out put until MC = MR
(b) Elasticity of demand depends on pricing policies of rivals

A) (a) Pure competition, (b) Pure Monopoly B) (a) Pure Monopoly, (b) Monopolistic competition
C) (a) Pure competition, (b) Oligopoly D) (a) Monopolistic competition, (b) Oligopoly
 
Answer & Explanation Answer: D) (a) Monopolistic competition, (b) Oligopoly

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Filed Under: Indian Economy
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Q:

If price of an article decreases from Rs. 25 to Rs. 20, quantity demanded increases from Q1 units to 1500 units. If point elasticity of demand is -1.25, find Q1?

A) 900 units B) 1200 units
C) 1800 units D) 2000 units
 
Answer & Explanation Answer: B) 1200 units

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Filed Under: Indian Economy
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Q:

"Population control and family planning" is listed in the __________ list given in the Seventh Schedule in the Constitution of India.

A) Union B) State
C) Global D) Concurrent
 
Answer & Explanation Answer: D) Concurrent

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Filed Under: Indian Politics
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Q:

Find the potential energy gained by a body of mass 25 kg, if it is raised by 5 m. (use g = 10 m/s2)

A) 1250 B) 50
C) 625 D) 25
 
Answer & Explanation Answer: A) 1250

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Filed Under: Physics
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Q:

Statement I :The    Poona    Pact    provided    for    151 reserved  seats  for  the  scheduled  castes  to be   elected   by   a   joint,   not   separate, electorate.

Statement II :Dr.  B.  R.  Ambedkar  withdrew  from  active politics   for   almost   a   decade   when   the Communal Award was revoked.

A) Both the statements are individually true and Statement II is the correct explanation of Statement I B) Both the statements are individually true but Statement II is not the correct explanation of Statement I
C) Statement I is true but Statement II is false D) Statement I is false but Statement II is true
 
Answer & Explanation Answer: C) Statement I is true but Statement II is false

Explanation:

The  Poona  Pact  was  an  agreement between  Dr.  Babasaheb  Ambedkar and  Mahatma  Gandhi  which  was signed  on  24  September  1932  at Yerwada Central Jail in Pune, India, which asserted that there will be a single    Hindu    electorate,    with scheduled    castes    having    seats reserved     within     it,So     the representation of these classes was based  on  the  standards  of  joint electorates   and   reserved   seats. The  Communal  Award  was  made by    the    British    Prime    Minister Ramsay  MacDonald  on  16  August 1932    which    allowed    separate electorates  in  India,  and  it  was supported by Ambedkar.

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Filed Under: General Awareness
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Q:

According to the distance of planets from the Sun, which of the following order is correct?

A) Mercury, Venus, Earth, Mars B) Mercury, Earth, Mars, Venus
C) Mercury, Mars, Earth, Venus D) Mercury, Mars, Venus, Earth
 
Answer & Explanation Answer: A) Mercury, Venus, Earth, Mars

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Filed Under: General Science
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Q:

Evaporation of water takes place in which part of plants?

A) Stem B) Stomata
C) Branch D) Fruit
 
Answer & Explanation Answer: B) Stomata

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Filed Under: General Science
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Q:

What is the approximate circumference of earth?

A) 40,000 Km B) 60,000 Km
C) 80,000 Km D) 1,00,000 Km
 
Answer & Explanation Answer: A) 40,000 Km

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Filed Under: General Science
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