Questions

Q:

If the average total cost are Rs 2400, average variable cost is Rs 1700 and quantity produced is 75 units, find the total fixed costs of the firm?

A) Rs 52500 B) Rs 127500
C) Rs 180000 D) Rs 60000
 
Answer & Explanation Answer: A) Rs 52500

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Filed Under: Indian Economy
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Q:

A manufacturer faces a -1.2 price elasticity of demand for its product. It is presently selling 7,500 units/day. If it wants to increase quantity sold by 9%, it must lower its price by

A) 7.5 percent B) 7.8 percent
C) 10.2 percent D) 10 percent
 
Answer & Explanation Answer: A) 7.5 percent

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Q:

Propyne and propene can be distinguished by

A) AgNO₃ in ammonia B) conc. H₂SO₄
C) dil. KMnO₄ D) Br₂ in CCl₄
 
Answer & Explanation Answer: A) AgNO₃ in ammonia

Explanation:

Propene, being an alkene, and propyne, being a alkyne, are distinguished using the common chemical tests namely ammoniacal silver nitrate or ammoniacal cuprous chloride. Ammoniacal silver nitrate is also called as Tollen's reagent.

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Q:

In which state is the valley of Flowers National park situated?

A) Uttarakhand B) Himachal Pradesh
C) Jammu and Kashmir D) Assam
 
Answer & Explanation Answer: A) Uttarakhand

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Filed Under: Indian Geography
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Q:

To release wages under the Mahatma Gandhi National RuralEmployment Guarantee Scheme direct and faster, anelectronic fund management system has been launched by____________.

A) State Bank of Hyderabad B) State Bank of Travancore
C) State Bank of India D) Orien tal Bank Corporation
 
Answer & Explanation Answer: B) State Bank of Travancore

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Q:

The    Indian    Navy    in    October    2016 commissioned   the   highly   maneuverable fast  attack  craft  INS  Tihayu.  INS  Tihayu would be based in

A) Kochi B) Panaji
C) Visakhapatnam D) Mumbai
 
Answer & Explanation Answer: C) Visakhapatnam

Explanation:

The Indian Navy commissioned the highly   manoeuvrable   fast   attack craft  INS  Tihayu  at  the  Eastern Naval   Command   on   19   October 2016.  The  ship  was  commissioned at  Visakhapatnam  under  the  Naval Officer-in-Charge (Andhra Pradesh) and  would  be  deployed  for  coastal patrol  and  surveillance  operations along the Eastern Coast.

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Q:

Who of the following was the last Governor General of Bengal?

A) William Bentinck B) Warren Hastings
C) Lord Canning D) Lord Wellesley
 
Answer & Explanation Answer: A) William Bentinck

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Q:

Tricare formerly known as Champus is funded through

A) military B) the U . S . Congress
C) individual states D) individual regions
 
Answer & Explanation Answer: D) individual regions

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