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Q:

Match the characteristics with their market structure:
(a) Expand out put until MC = MR
(b) Elasticity of demand depends on pricing policies of rivals

A) (a) Pure competition, (b) Pure Monopoly B) (a) Pure Monopoly, (b) Monopolistic competition
C) (a) Pure competition, (b) Oligopoly D) (a) Monopolistic competition, (b) Oligopoly
 
Answer & Explanation Answer: D) (a) Monopolistic competition, (b) Oligopoly

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Filed Under: Indian Economy
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Q:

In the following question, out of the four alternatives, select the word opposite in meaning to the word given.
Opprobrium

A) Adulation B) Ignominy
C) Mystical D) Preclude
 
Answer & Explanation Answer: A) Adulation

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Filed Under: English
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Q:

Which gland secretes bile, a digestive fluid?

A) pancreas B) liver
C) thyroid D) testes
 
Answer & Explanation Answer: B) liver

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Filed Under: Biology
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Q:

Blood group AB has

A) No antigen B) No antibody
C) Neither antigen nor antibody D) Both antigen and antibody
 
Answer & Explanation Answer: B) No antibody

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Filed Under: Biology
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Q:

Which of the following states has the maximum area of Mangrove forest?

A) Rajasthan B) Uttar Pradesh
C) Sikkim D) West Bengal
 
Answer & Explanation Answer: D) West Bengal

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Filed Under: Indian Geography
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Q:

Goods whose demand is proportional to price are called

A) inferior goods B) Veblen goods
C) normal goods D) exclusive goods
 
Answer & Explanation Answer: B) Veblen goods

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Q:

If a country devalues its currency, its _______________

A) Exports become cheaper and imports become costlier B) Exports become costlier and imports become cheaper.
C) Exports value is equivalent to imports value D) No effect on exports and imports
 
Answer & Explanation Answer: A) Exports become cheaper and imports become costlier

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Filed Under: Indian Economy
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Q:

In April 2017, Chief Minister Amarinder Singh banned inclusion of names of Ministers and MLA's on Plaques and Foundation Stones in which state?

A) Maharashtra B) Punjab
C) Himachal Pradesh D) Uttar Pradesh
 
Answer & Explanation Answer: B) Punjab

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Filed Under: Indian Politics
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