Questions

Q:

If the average total cost are Rs 54, total fixed cost is Rs 45000 and quantity produced is 2500 units, find the average variable costs (in Rs) of the firm?

A) 24 B) 18
C) 36 D) 60
 
Answer & Explanation Answer: C) 36

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Filed Under: Indian Economy
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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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Q:

In a triangle ABC, AB = 8 cm, AC = 10 cm and ∠B = 90°, then the area of ΔABC is

A) 49 sq.cm B) 36 sq.cm
C) 25 sq.cm D) 24 sq.cm
 
Answer & Explanation Answer: D) 24 sq.cm

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Q:

Who is the Author of the book "You are the Best Wife: A True Love Story"?

A) Durjoy Datta B) Savi Sharma
C) Ajay K Pandey D) Preeti Shenoy
 
Answer & Explanation Answer: C) Ajay K Pandey

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Filed Under: Books and Authors
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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:

In November 2017, a report titled ‘Credit Suisse Global Wealth Report’ was released. As per this report, what was approximate total household wealth of India?

 

A) $ 5 Trillion B) $ 1 Trillion
C) $ 10 Trillion D) $ 15 Trillion
 
Answer & Explanation Answer: A) $ 5 Trillion

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Filed Under: General Awareness
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Q:

Which  of  the  following  statements  about the  Trans-Pacific  Partnership  (TPP)  is  /are correct?

1.The  TPP  was  signed  by  12  Pacific  Rim nations in the year 2015.

2.The TPP is likely to be a game-changer in  global  trade  as  member  countries account  for  about  40  percent  of  global GDP.

3.India is a founder member of TPP.

Select  the  correct  answer  using  the  code given below.

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

Explanation:

3  is  incorrect,  as  India  is  not  a member of TPP

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