Questions

Q:

The Law of Demand is based on the concept that people _______.

A) buy more of a good as their income increases. B) buy more of a good as the price of the good falls.
C) will spend all of their money on something. D) want more of everything even if they have no money to buy anything.
 
Answer & Explanation Answer: B) buy more of a good as the price of the good falls.

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Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT

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Q:

Which among the following does not count in the development expenditure of government?

A) Expenditure on economic services B) Expenditure on social services
C) Grant to states D) Defence expenditure
 
Answer & Explanation Answer: D) Defence expenditure

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Q:

A hand made paper workshop can hire 8 craftsmen by paying them Rs 400 per person per day. The 9th craftsman demands Rs 450 per day. If this craftsman is hired then all other craftsmen must be paid Rs 450. The marginal resource (labour) cost of the 9th craftsman is

A) Rs 50 B) Rs 850
C) Rs 800 D) Rs 100
 
Answer & Explanation Answer: B) Rs 850

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Q:

For a certain shoe factory the fixed costs are Rs 200,000, selling price is Rs 2000 per pair of shoes and variable cost is Rs 1200 per pair, what is the breakeven quantity?

A) 100 B) 62.5
C) 167 D) 250
 
Answer & Explanation Answer: D) 250

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Q:

Which of the following has open vascular system?

A) Cockroach B) Human
C) Rat D) Birds
 
Answer & Explanation Answer: A) Cockroach

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

Arrange the following words as per order in the dictionary and choose the one that comes first: 1. Temple 2 Tenant 3. Terminate 4. Temperature

A) Temple B) Tenant
C) Terminate D) Temperature
 
Answer & Explanation Answer: D) Temperature

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Q:

From the given alternatives, select the word which CANNOT be formed using the letters of the given word.Liabilities

A) Lite B) Able
C) Like D) Table
 
Answer & Explanation Answer: C) Like

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Q:

The angles of depression of two ships from the top of a light house are 60° and 45° towards east. If the ships are 300 m apart, the height of the light house is

A) 200(3+√3) meter B) 250(3+√3) meter
C) 150(3+√3) meter D) 160(3+√3) meter
 
Answer & Explanation Answer: C) 150(3+√3) meter

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