Questions

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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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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Q:

In the following question, select the odd letter/letters from the given alternatives

A) RTV B) HJL
C) KMP D) BDF
 
Answer & Explanation Answer: C) KMP

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Q:

The Tableau of which state was adjudged best at the Republic Day parade?

A) Gujarat B) Uttar Pradesh
C) Tripura D) Assam
 
Answer & Explanation Answer: B) Uttar Pradesh

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Q:

Union Cabinet approves amendments in M-SIPS to attract investment in electronics manufacturing. What is the full form of M-SIPS?

 

A) Modified Sustainable Investment Package Scheme B) Modified Special Information Package Scheme
C) Modified Special Incentive Package Scheme D) Modern Socialist Incentive Package Scheme
 
Answer & Explanation Answer: C) Modified Special Incentive Package Scheme

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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:

If the fixed costs of a factory producing candles is Rs 20,000, selling price is Rs 30 per dozen candles and variable cost is Rs 1.5 per candle, what is the break-even quantity?

A) 20000 B) 10000
C) 15000 D) 12000
 
Answer & Explanation Answer: A) 20000

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Q:

Name the first Indian to get Nobel prize in economics.

A) Amartya Sen B) C V Raman
C) Mihir Sen D) Arun Shourie
 
Answer & Explanation Answer: A) Amartya Sen

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