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Questions and Answers
1 .
Which of the following market structures has a Kinked Demand Curve?
A.
Perfect competition
B.
Monopoly
C.
Oligopoly
D.
Monopolistic competition
Answer & Explanation
Answer
: Option
C
Explanation
:
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2 .
The terms Micro and Macro in economics were first coined and used by
A.
Adam Smith
B.
Ragnar Frisch
C.
Alfred Marshall
D.
Lionel Robbins
Answer & Explanation
Answer
: Option
B
Explanation
:
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3 .
Why do rain-bearing clouds look black?
A.
All light is scattered by them
B.
They reflect the sunlight back into the atmosphere
C.
The large number of water droplets in them absorb all the sunlight
D.
There is a lot of dust condensed on the water vapour in these clouds
Answer & Explanation
Answer
: Option
C
Explanation
:
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4 .
President Abraham Lincoln was assassinated while watching the play _______
A.
Apple Cart
B.
Our American
C.
Hamlet
D.
Julius Caesar
Answer & Explanation
Answer
: Option
B
Explanation
:
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5 .
Which is the only internal organ of the human body capable of regenerating its lost tissues?
A.
Lungs
B.
Kidney
C.
Liver
D.
Brain
Answer & Explanation
Answer
: Option
C
Explanation
:
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6 .
In which of the following years did the government of India devalue its currency twice?
A.
1949
B.
1966
C.
1991
D.
1949 and 1991
Answer & Explanation
Answer
: Option
C
Explanation
:
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7 .
India's First Rural Telephone Exchange is located in
A.
Karnataka
B.
Andhra Pradesh
C.
Kerala
D.
Uttar Pradesh
Answer & Explanation
Answer
: Option
A
Explanation
:
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8 .
With reference to a computer, an assembler is a
A.
Symbol
B.
Language
C.
Program
D.
Person who assembles the parts
Answer & Explanation
Answer
: Option
C
Explanation
:
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9 .
Which of the following is not a trans-Himalyan river?
A.
Satluj
B.
Indus
C.
Brahmaputra
D.
Ganga
Answer & Explanation
Answer
: Option
D
Explanation
:
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10 .
National Girl Child Day is observed on
A.
January 25
B.
January 24
C.
February 28
D.
February 24
Answer & Explanation
Answer
: Option
B
Explanation
:
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