Q:

Which actor plays the role of social activist Arunachalam Muruganatham in the biopic movie 'Pad Man'?

A) Irrfan Khan	B) Nana Patekar
C) Mohanlal	D) Akshay Kumar

Answer & Explanation Answer: D) Akshay Kumar

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Q:

Upon winning Wimbledon Women's Tennis Tournament 2016, Serena Williams equalled record 22 Grand Slam wins of

A) Martina Navratilova	B) Steffi Graf
C) Martina Hingis	D) Maria Sharapova

Answer & Explanation Answer: B) Steffi Graf

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Filed Under: Sports
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Q:

How high is the badminton net at the center?

A) 5 feet	B) 5.1 feet
C) 5.5 feet	D) 4.8 feet

Answer & Explanation Answer: A) 5 feet

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Q:

For each perfectly competitive firm in the long run

A) price = marginal costs = average variable costs	B) price = average profit
C) price = marginal costs = minimum average total costs	D) price = minimum average variable costs

Answer & Explanation Answer: C) price = marginal costs = minimum average total costs

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Filed Under: Indian Economy
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Q:

In which of the following types of economy are the factors of production owned individually?

A) Capitalist	B) Socialist
C) Mixed	D) Both Capitalist and Socialist

Answer & Explanation Answer: A) Capitalist

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Q:

In a period when an economy is facing price rise, and along with that there is slowing down of economy activities, this is case of _________.

A) Deflation	B) Stagflation
C) Recession	D) Depression

Answer & Explanation Answer: B) Stagflation

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Q:

If price of an article decreases from Rs 40 to Rs 30, quantity demanded increases from Q1 units to 7500 units. If point elasticity of demand is -1 find Q1?

A) 9000 units	B) 4500 units
C) 10500 units	D) 6000 units

Answer & Explanation Answer: D) 6000 units

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Q:

"Sunrise Industries” are industries _____________

A) which are well developed and have ample scope for further development	B) which improve export performance of the country
C) which small-scale industries	D) which have high growth potential and meet further requirements of the economy

Answer & Explanation Answer: D) which have high growth potential and meet further requirements of the economy

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