Q:

The relation between the consumer’s optimal choice of the quantity of a good and its price is very important and this relation is called the ________ function.

A) Price	B) Substitution
C) Supply	D) Demand

Answer & Explanation Answer: D) Demand

Explanation:

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Filed Under: Indian Economy
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Q:

Which of following is true if the Government monetized part of its deficit?

A) Money supply in the economy will increase.	B) Interest rate will increase.
C) Government revenue will decrease.	D) Government expenditure will increase.

Answer & Explanation Answer: A) Money supply in the economy will increase.

Explanation:

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Q:

The goal of expansionary fiscal policy is to increase

A) Unemployment	B) The price level
C) Aggregate supply	D) Real GDP

Answer & Explanation Answer: D) Real GDP

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Q:

In the following questions, one part of the sentence may have an error. Find out which part of the sentence has an error and click the buttoncorresponding to it. If the sentence is free from error, click the "No error" option.

He flowed into a rage (A)/ at the very (B)/ sight of that man (C)/ No error (D)

A) A	B) B
C) C	D) D

Answer & Explanation Answer: A) A

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Q:

In the given question, an idiom/phrase highlighted in bold is given in a sentence. Choose the most suitable meaning of the idiom/phrase.

The prisoners broke out of jail when the guards weren’t looking

A) Raised	B) Surrenderd
C) Escaped	D) Perpetuated

Answer & Explanation Answer: C) Escaped

Explanation:

A forcible escape from a prison is called a breakout. The correct answer is option 3. Perpetuate means to preserve or continue. Hence option 3 is the correct response.

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Q:

The hardest natural substance is

A) Graphite	B) Diamond
C) Iron	D) Copper

Answer & Explanation Answer: B) Diamond

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Filed Under: Chemistry
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Q:

What is the minimum age to become the Prime Minister of India if he or she is a member of Rajya Sabha?

A) 18	B) 25
C) 30	D) 35

Answer & Explanation Answer: C) 30

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Q:

Article 12 to Article 35 of Indian Constitution mainly deals with Fundamental Rights, given in ______ of Indian Constitution.

A) Part I	B) Part II
C) Part III	D) Part IV

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