Questions

Q:

A commodity market has a _________ structure, if there is one seller of the commodity, the commodity has no substitute, and entry into the industry by another firm is prevented.

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

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Q:

If at a price, market supply is greater than market demand, we say that there is ________ in the market at that price.

A) Equilibrium B) Excess Demand
C) Excess Supply D) Marginal Revenue
 
Answer & Explanation Answer: C) Excess Supply

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Q:

In the following question, a sentence has been given in Direct/Indirect speech. Out of the four alternatives suggested, select the one which best expresses the same sentence in Indirect/Direct speech.

The teacher said to the students, "I will not tolerate such behaviour."

A) The teacher said to the students that he would not tolerate such behaviour. B) The teacher said to the students that he would not be tolerating such behaviour.
C) The teacher said to the students that he will not tolerate such behaviour. D) The teacher said to the students that he will not be tolerating such behaviour.
 
Answer & Explanation Answer: A) The teacher said to the students that he would not tolerate such behaviour.

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Q:

Involuntary actions in human beings such as blood pressure, salivation and vomiting are controlled by the

A) Spinal cord B) Hypothalamus
C) Pons D) Medulla
 
Answer & Explanation Answer: D) Medulla

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Q:

Which of the following is an amphoteric oxide?

A) Aluminium oxide B) Iron oxide
C) Magnesium oxide D) Carbon dioxide
 
Answer & Explanation Answer: A) Aluminium oxide

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Q:

Which law states that bad money drives good money out of circulation?

A) Wagner's law B) Grimm's law
C) Gresham's law D) Keynes' law
 
Answer & Explanation Answer: C) Gresham's law

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Q:

Which is the parameter for the economic development ?

A) Per capita monetary income B) National income
C) Per capita rural income D) Population
 
Answer & Explanation Answer: A) Per capita monetary income

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Q:

Metals are placed on which side of the Modern Periodic table?

A) Top row B) Left side
C) Right side D) Bottom row
 
Answer & Explanation Answer: B) Left side

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