Questions

Q:

___________ is an alternative way of representing the production function.

A) The Short Run B) The Long Run
C) Isoquant D) Average product
 
Answer & Explanation Answer: C) Isoquant

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Q:

__________________ is a good whose quantity demanded decreases when consumer income rises.

A) Veblen good B) normal good
C) exclusive good D) inferior good
 
Answer & Explanation Answer: D) inferior good

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Q:

Long run growth in GDP is determined by

A) Capital stocks B) Labour force
C) Both 1 & 2 D) None
 
Answer & Explanation Answer: C) Both 1 & 2

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Q:

Osteoporosis is the disease related to

A) Spinal cord B) Heart
C) Kidneys D) Lungs
 
Answer & Explanation Answer: A) Spinal cord

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Filed Under: Biology
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Q:

Thar desert is in

A) Madhya Pradesh B) Rajasthan
C) Gujarat D) Uttarakhand
 
Answer & Explanation Answer: B) Rajasthan

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Q:

Which of the following is one of the saltiest lakes in the world?

A) Red sea B) Aral sea
C) Caspian sea D) Dead sea
 
Answer & Explanation Answer: D) Dead sea

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Q:

'Stand up India' scheme launched by the Prime Minister recently is related with

A) Promotion of entrepreneurship among SC, ST and Women B) Promotion of rights of Divyangs
C) Promotion of compulsory education for women D) Promotion of Indian exports in western countries
 
Answer & Explanation Answer: A) Promotion of entrepreneurship among SC, ST and Women

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Q:

The  Most  Favoured  Nation  (MFN)  Clause under   WTO   regimeis   based   on   the principle of 

A) non-discrimination between nations B) discrimination between nations
C) differential  treatment  between  locals and foreigners D) uniform tariff across commodities
 
Answer & Explanation Answer: A) non-discrimination between nations

Explanation:

In   Most-favoured-nation countries cannot normally discriminate between their trading partners.

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