Questions

Q:

___________ is an alternative way of representing the production function.

A) The Short Run B) The Long Run
C) Isoquant D) Average product
 
Answer & Explanation Answer: C) Isoquant

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Q:

__________________ is a good whose quantity demanded decreases when consumer income rises.

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

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Q:

Long run growth in GDP is determined by

A) Capital stocks B) Labour force
C) Both 1 & 2 D) None
 
Answer & Explanation Answer: C) Both 1 & 2

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Q:

Thar desert is in

A) Madhya Pradesh B) Rajasthan
C) Gujarat D) Uttarakhand
 
Answer & Explanation Answer: B) Rajasthan

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Filed Under: Indian Geography
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Q:

If the cost price of 20 books is the same as selling price of 25 books, then the loss percentage is

A) 20 B) 25
C) 22 D) 24
 
Answer & Explanation Answer: A) 20

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Q:

A series is given, with one term missing. Choose the correct alternative from the given ones that will complete the series.

6,11,21,36,56,?

A) 42 B) 51
C) 81 D) 91
 
Answer & Explanation Answer: C) 81

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Q:

Which answer figure will complete the pattern in the question figure?

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: B) 2

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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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