Questions

Q:

Insure payment of minimum wages for tea leave pickers

A) will improve quality of tea. B) will reduce unemployment of tea leave pickers.
C) decreases unemployment. D) will increase picking cost for all tea companies.
 
Answer & Explanation Answer: D) will increase picking cost for all tea companies.

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Q:

Which one of the following is not an assumption in the law of demand?

A) There are no changes in the taste and preferences of consumers B) Income of consumers remains constant
C) Consumers are affected by demonstration effect D) There are no changes in the price of substitute goods.
 
Answer & Explanation Answer: C) Consumers are affected by demonstration effect

Explanation:

There are certain assumptions underlying the law of demand, which are as follows:

i. Assumes that the consumer’s income remains same

ii. Assumes that the preferences of consumer remain same.

iii. Considers that the fashion does not show any changes, because if fashion changes, then people would not purchase the products that are out of fashion.

iv. Assumes that there would be no change in the age structure, size, and sex ratio of population. This is because if population size increases, then the number of buyers increases, which, in turn, affect the demand for a product directly.

v. Restricts the innovation and new varieties of products in the market, which can affect the demand for the existing product.

vi. Restricts changes in the distribution of income.

vii. Avoids any type of change fiscal policies of the government of a nation, which reduces the effect of taxation on the demand of product.

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Q:

Which of the following is done at a Stock Exchange ?

A) Commodities are bought and sold at wholesale price B) Commodities are bought and sold at retail price
C) Securities are bought and sold D) None of these
 
Answer & Explanation Answer: C) Securities are bought and sold

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Q:

As per RBI In October 2017, Gross Non-Performing Assets (GNPA) ratio for NBFCs increased to what percentage till March 2017?

 

A) 2 B) 5
C) 10 D) 20
 
Answer & Explanation Answer: B) 5

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Q:

Which is the only organ in the human boddy that can regrow/regenerate?

A) Pancreas B) Spleen
C) Brain D) Liver
 
Answer & Explanation Answer: D) Liver

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Filed Under: Biology
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Q:

Which of the following characters is recessive in a pea plant?

A) Wrinkled seed B) Green pod
C) Round pod D) Round seed
 
Answer & Explanation Answer: A) Wrinkled seed

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Q:

In the following question the 1st and the last part of the sentence/passage are numbered 1 and 6. The rest of the sentence/ passage is split into four parts and named P, Q, R and S. These four parts are not given in their proper order. Read the sentence/passage and find out which of the four combinations is correct.

 

1. I can't stand here and promise that your future path is going to be wonderful.
P. Whatever one feels like doing today is set up as moral.
Q. People don't even pretend to care about what is right.
R. Instead, it might be very difficult, because our time is different than some other eras in human history.
S. If you look around, you can see that, little by little, it is a path leading to our destruction.
6. I am afraid that this legacy of freedom is facing an uncertain future.

 

A) PSRQ B) RQPS
C) QSRP D) PQRS
 
Answer & Explanation Answer: B) RQPS

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Q:

In the following question the 1st and the last part of the sentence/passage are numbered 1 and 6. The rest of the sentence/ passage is split into four parts and named P, Q, R and S. These four parts are not given in their proper order. Read the sentence/passage and find out which of the four combinations is correct.

 

1. Vinoo was to leave for Hyderabad by the 5 o'clock train.
P. Quickly, both got the luggage in and the train began to move.
Q. He drove to the station and reached a few minutes before the train was to leave.
R. However, Vinoo had a busy schedule on that day and could leave the office only around 4:45 PM.
S. He rushed on to the platform and found his friend waiting near their compartment.

6. Vinoo heaved a sigh of relief and settled down to enjoy the journey.

A) PQSR B) RSQP
C) SQPR D) RQSP
 
Answer & Explanation Answer: D) RQSP

Explanation:
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