Questions

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

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Filed Under: Indian Economy
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Q:

The ________ curve represents the demand of all consumers in the market taken together at different levels of the price of the good.

A) monotonic B) indifferent
C) market demand D) diminishing
 
Answer & Explanation Answer: C) market demand

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Q:

If for the year a country's GDP was $ 1315 million, consumer spending was $900 million, investment by businesses was $180 million, exports were $85 million and imports were $100 million, calculate government spending?

A) $220 million B) $250 million
C) $580 million D) $610 million
 
Answer & Explanation Answer: B) $250 million

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Q:

Read each sentence to find out whether there is any error in any underlined part and indicate your response in the Answer Sheet against the corresponding letter i.e., (a) or (b) or (c). If you find no error, your response should be indicated as (d).

A) The peon B) has not sweeped
C) the floor today. D) No error
 
Answer & Explanation Answer: D) No error

Explanation:

The given sentence is grammatically correct and there is no error.

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Filed Under: English
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Q:

Which one is not the cause of kidney stone formation?

A) Drinking more water B) Diabetic mellitus
C) Taking nuts rich in oxalate D) Eating lot of stone forming foods
 
Answer & Explanation Answer: A) Drinking more water

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Filed Under: Biology
Exam Prep: AIEEE , Bank Exams

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Q:

Which Indian state is the largest producer of Soyabean?

A) Himachal Pradesh B) Madhya Pradesh
C) Andhra Pradesh D) Arunachal Pradesh
 
Answer & Explanation Answer: B) Madhya Pradesh

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Filed Under: Indian Geography
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Q:

A ceramic pottery unit hires 8 craftsmen by paying each of them Rs 900 per day. The 9th craftsman demands Rs 950 per day. If this craftsman is hired then all other craftsmen must be paid Rs 950. The marginal resource (labour) cost of the 9th craftsman is _________.

A) Rs 1530 B) Rs 1050
C) Rs 50 D) Rs 1350
 
Answer & Explanation Answer: D) Rs 1350

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Q:

In which year, was the Noble Peace Prize jointly given to Kailash Satyarthi and Malala Yousafzai?

A) 2012 B) 2013
C) 2014 D) 2015
 
Answer & Explanation Answer: C) 2014

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Filed Under: Honours and Awards
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