Questions

Q:

An increase of 1% per annum in the rate of growth of the money supply will increase inflation in the long run by _______.

A) Zero percent B) One percent
C) 0.5 percent D) More than one percent
 
Answer & Explanation Answer: B) One percent

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Filed Under: Indian Economy
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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:

If quantity of a good demanded increases from 200 to 250 then the average income of the population increases from Rs 20,000 to Rs 30,000, find Arc Income elasticity of demand?

A) 1.45 B) 0.55
C) 2 D)  1.25
 
Answer & Explanation Answer: B) 0.55

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Q:

Which sport has the highest rank of Yokozuna?

A) Sumo wrestling B) Judo
C) Jujitsu D) Kendo
 
Answer & Explanation Answer: A) Sumo wrestling

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Q:

Who was responsible for building the Great wall of China?

A) Qin Shi Huang B) Fa-Hien
C) Xuanzang or Hiuen Tsang D) Yijing
 
Answer & Explanation Answer: A) Qin Shi Huang

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Filed Under: Famous Personalities
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Q:

Choose the odd word/letters/number/number pair from the given alternatives.

A) ABC B) QRT
C) MNO D) DEF
 
Answer & Explanation Answer: B) QRT

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Q:

If the sum of three consecutive numbers is 15, what is the square of the middle number ?

A) 16 B) 25
C) 36 D) 9
 
Answer & Explanation Answer: B) 25

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Q:

When n is divided by 4, the remainder is 3. The remainder when 2n is divided by 4 is:

A) 1 B) 2
C) 3 D) 6
 
Answer & Explanation Answer: B) 2

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