Questions

Q:

Purchase of fixed assets on credit is originally recorded in

A) Purchases book B) Journal Proper
C) Cash book D) Ledger
 
Answer & Explanation Answer: B) Journal Proper

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Filed Under: Indian Economy
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Q:

Which is the form of market where there is lack of competition?

A) Monopoly B) Oligopoly
C) Perfect competition D) Marketisation
 
Answer & Explanation Answer: A) Monopoly

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Q:

Calculate the economic profit for a firm if it's total revenues are Rs. 35 crores, explicit costs are Rs. 7 crores, and implicit costs are Rs. 10 crores.

A) Rs. 32 crores B) Rs. 52 crores
C) Rs. 18 crores D) Rs. 38 crores
 
Answer & Explanation Answer: C) Rs. 18 crores

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Q:

Which level does macroeconomics focus on?

A) Government B) Business
C) Personal D) None
 
Answer & Explanation Answer: A) Government

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Q:

What is the type of asexual reproduction in Amoeba?

A) Spore formation B) Binary fission
C) Vegetative propagation D) Budding
 
Answer & Explanation Answer: B) Binary fission

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Filed Under: Biology
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Q:

The human spinal column is made up of ___ bones.

A) 33 B) 42
C) 44 D) 53
 
Answer & Explanation Answer: A) 33

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Filed Under: Biology
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Q:

On which river is the city Madurai situated?

A) Cooum B) Kaveri
C) Vaigai D) Pennar
 
Answer & Explanation Answer: C) Vaigai

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Filed Under: Indian Geography
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Q:

The Indian National Army reclaimed the Andaman and Nicobar Island from British rule and named them?

A) Swaraj Islands B) Shaheed and Swaraj Island
C) Free Islands D) Swatantra and Swaraj Island
 
Answer & Explanation Answer: B) Shaheed and Swaraj Island

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Filed Under: Indian History
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