Questions

Q:

The demand for a normal good decreases with ________ in the consumer's income.

A) increase B) decrease
C) constant D) double
 
Answer & Explanation Answer: B) decrease

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Q:

The study of individual markets of demand and supply in which the 'players', or the decision makers, were also individuals (buyers or sellers, even companies) who were seen as trying to maximize their profits (as producers or sellers) and their personal satisfaction or welfare levels (as consumers) is called?

A) Macroeconomics B) Econometrics
C) Microeconomics D) Heterodox Economics
 
Answer & Explanation Answer: C) Microeconomics

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Q:

Increase in the demand for a good will cause the equilibrium price of the good to ________ and the equilibrium quantity to _________.

A) increase; increase B) decrease; decrease
C) increase; decrease D) decrease; increase
 
Answer & Explanation Answer: A) increase; increase

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Q:

___ is used to control the fission reaction rate in a nuclear reactor as it absorbs neutrons without itself getting into fissioning.

 

A) Heavy water B) Graphite
C) Water D) Calcium
 
Answer & Explanation Answer: D) Calcium

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Q:

What is the name of the castle that was built in honour of world renowned composer Richard Wagner?

A) Balmoral Castle B) Neuschwanstein Castle
C) Conwy Castle D) Kronborg
 
Answer & Explanation Answer: B) Neuschwanstein Castle

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Q:

Which Indian industrialist who was elected as the Chairman of the International Chamber of Commerce (ICC) in 2016 ?

A) Anil Ambani B) Sunil Mittal
C) Mukesh Ambani D) Lakshmi Mittal
 
Answer & Explanation Answer: B) Sunil Mittal

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Q:

The sensation of sound persists in the human brain for about:

A) 0.5 sec B) 0.2 sec
C) 0.1 sec D) 1 sec
 
Answer & Explanation Answer: C) 0.1 sec

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Q:

Who replaced B.S. Bassi as the Delhi Police Commissioner?

A) Alok Kumar Verma B) Rakesh Maria
C) Dattatray Padsalgikar D) Neeraj Kumar
 
Answer & Explanation Answer: A) Alok Kumar Verma

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