Questions

Q:

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

A) National Income B) Aggregate Supply
C) Employment D) Consumer's Equilibrium
 
Answer & Explanation Answer: D) Consumer's Equilibrium

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Q:

The demand curve facing a perfectly competitive firm is

A) downward sloping B) perfectly inelastic
C) a concave curve D) perfectly elastic
 
Answer & Explanation Answer: D) perfectly elastic

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Q:

Increase in the demand for a good will cause the equilibrium price of the good to ________ and the equilibrium quantity to _________.

A) increase; increase B) decrease; decrease
C) increase; decrease D) decrease; increase
 
Answer & Explanation Answer: A) increase; increase

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Q:

The consumption schedule relates:

A) disposable income to domestic income. B) consumption to the level of disposable income.
C) consumption to saving. D) saving to the level of disposable income.
 
Answer & Explanation Answer: B) consumption to the level of disposable income.

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Exam Prep: Bank Exams , CAT

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Q:

The question below consists of a set of labelled sentences. Out of the four options given, select the most logical order of the sentences to form a coherent paragraph.

P- Granted, political defection is increasingly less an act of ideological defiance than one of pure opportunism.

Q- Yet, for all it flaws, the current law recognizes and respects one fundamental principle: The right to dissent.

R- A blanket ban on defection will weaken rather than strengthen democracy, in whose name it is being sought to be imposed.

S- Granted also that it is illogical to allow a third of the party to split but not in a lesser number.

A) RPSQ B) PSRQ
C) RSPQ D) PRSQ
 
Answer & Explanation Answer: A) RPSQ

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Q:

Which famous film actress and celebrity won the PETA 'Person of the Year' award in 2017?

A) Anushka Sharma B) Priyanka Chopra
C) Alia Bhatt D) Deepika Padukone
 
Answer & Explanation Answer: A) Anushka Sharma

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Q:

A piece of paper is folded and cut as shown below in the question figures. From the given answer figures, indicate how it will appear when opened.

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: D) 4

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Q:

Which Mughal Emperor was deported to Rangoon by the British?

A) Bahadur Shah Zafar B) Bahadur Shah III
C) Bahadur Shah Ahmed Shah D) Bahadur Shah I
 
Answer & Explanation Answer: A) Bahadur Shah Zafar

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Filed Under: Indian History
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