Questions

Which among the following is an example of micro-economic variable?

____________ is the relationship between the variable input and output, keeping all other inputs are held constant.

_________ says that the marginal product of a factor input initially rises with its employment level. But after reaching a certain level of employment, it starts falling.

A manufacturer faces price elasticity of demand of a ­1.25 for its product. If it lowers its price by 6.4%, the increase in quantity sold will be _____.

___ is used to control the fission reaction rate in a nuclear reactor as it absorbs neutrons without itself getting into fissioning.

India  signed  an  agreement  in  2016  to develop   a   strategic   port   in   one   of   its neighbouring  countries.  What  is  the  name of the port?

In the following question, a sentence has been given in Direct/Indirect speech. Out of the four alternatives suggested, select the one which best expresses the same sentence in Indirect/Direct speech.

"The taxi is here," said the watchman.

In the following question, out of the four alternatives, select the alternative which will improve the bracketed part of the sentence. In case no improvement is needed, select "no improvement".

The music (soothe) me and I stroll on happily.