Questions

Q:

What was the total number of books sold in Shop Q in 2003, 2004, and 2005?

A) 36500 B) 38500
C) 37500 D) 39000
 
Answer & Explanation Answer: C) 37500

Explanation:

Required total number of sales = 14.4 + 7.4 + 15.7 = 37.5
Thousand = 37500.

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Q:

What is the name of the castle that was built in honour of world renowned composer Richard Wagner?

A) Balmoral Castle B) Neuschwanstein Castle
C) Conwy Castle D) Kronborg
 
Answer & Explanation Answer: B) Neuschwanstein Castle

Explanation:
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Q:

Which of the following insecticides' harmful effects came under media attention when health issues in Kerala were publicized?

A) Endosulfan B) Lethal
C) Thimet D) Monocil
 
Answer & Explanation Answer: A) Endosulfan

Explanation:
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Q:

Article 39A of the Indian Constitution "Equal justice and free legal aid" deals with?

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

Explanation:
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Q:

What was India’s rank in the Educational Attainment pillar as per the Global Gender Gap report 2017?

 

A)  139 B)  112
C)  141 D)  15
 
Answer & Explanation Answer: B)  112

Explanation:
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Q:

The law of demand states that

A) if the price of a good increases, the demand for that good decreases. B) if the price of a good increases, the the demand for that good increases.
C) if the price of a good increases, the quantity demanded of that good decreases. D) if the price of a good increases, the quantity demanded of that good increases.
 
Answer & Explanation Answer: C) if the price of a good increases, the quantity demanded of that good decreases.

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Q:

_________ says that the marginal product of a factor input initially rises with its employment level. But after reaching a certain level of employment, it starts falling.

A) Law of diminishing marginal product B) Law of variable proportions
C) The Short Run D) The Long Run
 
Answer & Explanation Answer: B) Law of variable proportions

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Q:

The study of individual markets of demand and supply in which the 'players', or the decision makers, were also individuals (buyers or sellers, even companies) who were seen as trying to maximize their profits (as producers or sellers) and their personal satisfaction or welfare levels (as consumers) is called?

A) Macroeconomics B) Econometrics
C) Microeconomics D) Heterodox Economics
 
Answer & Explanation Answer: C) Microeconomics

Explanation:
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