Questions

Q:

The law of demand states that

A) if the price of a good increases, the demand for that good decreases. B) if the price of a good increases, the the demand for that good increases.
C) if the price of a good increases, the quantity demanded of that good decreases. D) if the price of a good increases, the quantity demanded of that good increases.
 
Answer & Explanation Answer: C) if the price of a good increases, the quantity demanded of that good decreases.

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Q:

_________ 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) Law of diminishing marginal product B) Law of variable proportions
C) The Short Run D) The Long Run
 
Answer & Explanation Answer: B) Law of variable proportions

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Q:

The study of individual markets of demand and supply in which the 'players', or the decision makers, were also individuals (buyers or sellers, even companies) who were seen as trying to maximize their profits (as producers or sellers) and their personal satisfaction or welfare levels (as consumers) is called?

A) Macroeconomics B) Econometrics
C) Microeconomics D) Heterodox Economics
 
Answer & Explanation Answer: C) Microeconomics

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Q:

Which of the following pairs (school of paintings and region where it flourished) is correctly matched?

 

A) Kalighat Paintings - Kolkata B) Phad (scroll paintings) - Punjab
C) Madhubani Paintings - Bihar D) Kalamkari - Andhra Pradesh
 
Answer & Explanation Answer: B) Phad (scroll paintings) - Punjab

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Q:

How do you know Yarlung Tsangpo better?

A) Ganges B) Brahmaputra
C) Mahanadi D) Sutlej
 
Answer & Explanation Answer: B) Brahmaputra

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Q:

The sensation of sound persists in the human brain for about:

A) 0.5 sec B) 0.2 sec
C) 0.1 sec D) 1 sec
 
Answer & Explanation Answer: C) 0.1 sec

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Q:

Who replaced B.S. Bassi as the Delhi Police Commissioner?

A) Alok Kumar Verma B) Rakesh Maria
C) Dattatray Padsalgikar D) Neeraj Kumar
 
Answer & Explanation Answer: A) Alok Kumar Verma

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Q:

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

 

All of us have admired some writers, ______________ their work over that of others for their writing style as much as for the content of their work. ____________ writer who has, for more than half a century, _______________ for his searing honesty is George Orwell. He is recondite, but he is never ________________. He says it as it is and yet says it as it has not been said ____________.

 

He is recondite, but he is never ________________.

 

A) trite B) pertinent
C) impressive D) relevant
 
Answer & Explanation Answer: A) trite

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