Questions

Q:

If tea companies start using mechanised tea leave pickers

A) more people would want to work as tea leave pickers B) unemployment of tea leave pickers will decrease
C) more tea will be produced per acre D) then wages for manual tea leave pickers will fall
 
Answer & Explanation Answer: D) then wages for manual tea leave pickers will fall

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Filed Under: Indian Economy
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Q:

In India, which of the following is regulated by the Forward Markets Commission?

A) Currency Futures Trading B) Commodities Futures Trading
C) Equity Futures Trading D) Both Commodities Futures and Financial Futures Trading
 
Answer & Explanation Answer: B) Commodities Futures Trading

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

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Q:

__________ is defined as the output per unit of variable input

A) Marginal product B) Production function
C) Total product D) Average product
 
Answer & Explanation Answer: D) Average product

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Q:

This tax is entirely borne by the entity it is levied upon and cannot be passed.

A) Direct tax B) Indirect tax
C) Straight tax D) Advance tax
 
Answer & Explanation Answer: A) Direct tax

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Q:

Which of the following is NOT included in general methodology while assessing the national income?

A) Pension B) Investment Expenditure
C) Value added D) Consumption Expenditure
 
Answer & Explanation Answer: A) Pension

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Q:

The consumption schedule is such that

A) the MPC and the APC must be equal at all levels of income. B) the APC is constant and the MPC declines as income rises.
C) both the APC and the MPC increase as income rises. D) the MPC is constant and the APC declines as income rises.
 
Answer & Explanation Answer: D) the MPC is constant and the APC declines as income rises.

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Q:

The question below consists of a set of labelled sentences. These sentences, when properly sequenced form a coherent paragraph. Select the most logical order of sentences from among the options


P: Very seldom do we actually go out and do something, which is beneficial to the society without thinking of our own side benefit of it.
Q: This is something that we have been falling short of.
R: Every society must develop in its people a social responsibility.
S: We are very individualistic and don’t relate ourselves to our society as such.

A) RQSP B) QRSP
C) QSRP D) QPRS
 
Answer & Explanation Answer: A) RQSP

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Filed Under: English

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Q:

Which of the following regions has the highest potential for wind energy?

A) The Deccan Plateau B) Gangetic planes
C) Western Ghats D) The Himalayas
 
Answer & Explanation Answer: C) Western Ghats

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Filed Under: Indian Geography
Exam Prep: Bank Exams

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