Questions

Q:

Mechanical energy is the sum of

A) kinetic energy + heat energy B) kinetic energy + potential energy
C) potential energy + heat energy D) chemical energy + electrical energy
 
Answer & Explanation Answer: B) kinetic energy + potential energy

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Q:

The given data shows the registration of bikes and total vehicles (in thousands) for 6 months in 2017 in City X.

Note : In the chart, the first number represents bikes and the second number represents total vehicles.

Based on the given data, from January to April 2017, the increase in the registration of vehicles other than bikes is ___.

A) 9050 B) 8500
C) 9000 D) 8000
 
Answer & Explanation Answer: C) 9000

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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:

Which of the following is the primary sex organ in man?

A) Prostrate B) Testis
C) Vas deferens D) Seminal vesicles
 
Answer & Explanation Answer: B) Testis

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Q:

___, present in the centre of a flower, forms the female reproductive part.

A) Sepals B) Petals
C) Carpels D) Stamens
 
Answer & Explanation Answer: C) Carpels

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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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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:

Five statements are given below, labelled A, B, C, D and E, among these, four statements are in logical order and form a coherent paragraph/passage. From the given options, choose the option that does not fit into the theme of the passage.

A) This takes us back to John Stuart Mill, the great nineteenth-century economist and philosopher, who believed that nobody can be a good economist if he or she is just an economist. B) To be sure, most academic disciplines have become highly specialized since Mill’s day; and, since the collapse of theology,
C) no field of study has aimed to understand the human condition as a whole. D) The life insurance industry has been destroyed by high and uncertain inflation as well.
 
Answer & Explanation Answer: D) The life insurance industry has been destroyed by high and uncertain inflation as well.

Explanation:

All statements except ‘D’ are based on the economists versus the economy, while sentence D talks about 'The Destructive Power of Inflation'.

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