Questions

Q:

In the following question, a word has been written in four different ways out of which only one is correctly spelt. Select the correctly spelt word.

A) Maintenance   B)  Maintainence  
C) Maintanance   D)  Mainteinance
 
Answer & Explanation Answer: A) Maintenance  

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Q:

Why do atoms bond?

A) To reduce potential energy and gain stability B) To make atoms
C) To increase potential energy and lose stability D) To increase potential energy and gain stability
 
Answer & Explanation Answer: A) To reduce potential energy and gain stability

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Q:

In a cut motion, when the amount of demand is reduced by Rs 100/­ , it is known as

A) Disapproval of policy cut B) Economy cut
C) Vote on Account D) Token cut
 
Answer & Explanation Answer: D) Token cut

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Q:

Short run marginal cost curve cuts the average variable cost curve from _______ at the minimum point of average variable cost.

A) top B) below
C) right D) left
 
Answer & Explanation Answer: B) below

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Q:

The law of demand states that

A) if the price of a good increases, the demand for that good decreases. B) if the price of a good increases, the the demand for that good increases.
C) if the price of a good increases, the quantity demanded of that good decreases. D) if the price of a good increases, the quantity demanded of that good increases.
 
Answer & Explanation Answer: C) if the price of a good increases, the quantity demanded of that good decreases.

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Q:

A commodity market has a _________ structure, if there is one seller of the commodity, the commodity has no substitute, and entry into the industry by another firm is prevented.

A) Perfect Competition B) Monopoly
C) Oligopoly D) Monopolistic Competition
 
Answer & Explanation Answer: B) Monopoly

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Q:

Short run marginal cost curve cuts the short run average cost curve from _______ at the minimum point of short run average cost.

A) top B) below
C) right D) left
 
Answer & Explanation Answer: B) below

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Q:

Which of the following is NOT a radioactive element?

A) Uranium B) Plutonium
C) Titanium D) Thorium
 
Answer & Explanation Answer: C) Titanium

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