Questions

Q:

__________ is defined as the output per unit of variable input

A) Marginal product B) Production function
C) Total product D) Average product
 
Answer & Explanation Answer: D) Average product

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Q:

In perfect competition _____.

A) Products can be similar or different B) Producer can control price by controlling production
C) Demand curve is perfectly elastic D) All firms make economic profit in the long run
 
Answer & Explanation Answer: C) Demand curve is perfectly elastic

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Q:

Calculate a country's GDP if for the year, consumer spending is $400 million, government spending is $150 million, investment by businesses is $80 million, exports are $35 million and imports are $40 million.

A) $625 million B) $465 million
C) $475 million D) $635 million
 
Answer & Explanation Answer: A) $625 million

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Q:

Where is the Cherry Blossom Festival celebrated annually?

A) Odisha B) Assam
C) Sikkim D) Meghalaya  
 
Answer & Explanation Answer: D) Meghalaya  

Explanation:

Shillong, the capital of Meghalaya hosts the only Cherry Blossoms festival in India.

 

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Filed Under: Indian Geography
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Q:

Which factor affects the heart rate in mammals?

A) Need for oxygen B) RBC count in blood
C) Blood type D) All the above
 
Answer & Explanation Answer: A) Need for oxygen

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Q:

In which language was 'Baburama', the Memoirs of Babur, composed?

A) Pashto B) Kurdish
C) Urdu D) Turkish
 
Answer & Explanation Answer: D) Turkish

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Q:

The simple interest on a sum for 5 years is two­fifth of the sum. The rate of interest per annum is

A) 0.1 B) 0.08
C) 0.06 D) 0.04
 
Answer & Explanation Answer: B) 0.08

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Q:

The game of football is also referred to as ___.

A) Rugby B) Poker
C) Soccer D) Ping-Pong
 
Answer & Explanation Answer: C) Soccer

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Filed Under: Sports
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