Practice Question and Answer
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Q: The ‘break-even point’ is where
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638f0f98d319b37ca1813bd2- 1marginal revenue equals marginal costfalse
- 2average revenue equals average costtrue
- 3total revenue equals total costfalse
- 4None of thesefalse
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Answer : 2. "average revenue equals average cost"
Q: When marginal utility is zero, the total utility is
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638f0eef34f83f147296a590- 1Minimumfalse
- 2Increasingfalse
- 3Maximumtrue
- 4Decreasingfalse
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Answer : 3. "Maximum "
Q: Average Revenue means
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638f0e92d319b37ca1812928- 1the revenue per unit of commodity soldtrue
- 2the revenue from all commodities soldfalse
- 3the profit realised from the marginal unit soldfalse
- 4the profit realised by sale of all commoditiesfalse
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Answer : 1. "the revenue per unit of commodity sold"
Q: The theory of distribution relates to which of the following?
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638f0de39ebad6607ba13684- 1The distribution of assetsfalse
- 2The distribution of incomefalse
- 3The distribution of factor paymentsfalse
- 4Equality in the distribution of the income and wealthtrue
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Answer : 4. "Equality in the distribution of the income and wealth"
Q: Which one of the following in the atmosphere is mainly responsible for absorbing terrestrial radiation?
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638e24ba34f83f147292039c- 1Oxygenfalse
- 2Ozonefalse
- 3Carbon dioxidetrue
- 4Nitrogenfalse
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Answer : 3. "Carbon dioxide"
Q: The basic feature of a unitary system is -
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638e245c58400a550dc2b1e5- 1Centralization of powerstrue
- 2Decentralization of powersfalse
- 3Dual citizenshipfalse
- 4Unstabilityfalse
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Answer : 1. "Centralization of powers"
Q: Which one of the following statements correctly describes the Seventh Schedule of the Constitution of India?
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638e23d758400a550dc2af09- 1It contains the languages recognized in the Constitution.false
- 2It contains the provisions regarding the administration of tribal areas.false
- 3It lists distribution of powers between the Union and States.true
- 4It deals with the salaries and emoluments of the constitutional functionaries.false
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Answer : 3. "It lists distribution of powers between the Union and States."
Q: Which one of the following rights was described by Dr. Bhimrao Ambedkar as "the heart and soul" of the Constitution?
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638e235e75f808476e304d96- 1Right to equalityfalse
- 2Right against exploitationfalse
- 3Right to constitutional remediestrue
- 4Right to freedom of religionfalse
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Answer : 3. "Right to constitutional remedies"
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