Questions

Q:

If at a price, market supply is greater than market demand, we say that there is ________ in the market at that price.

A) Equilibrium B) Excess Demand
C) Excess Supply D) Marginal Revenue
 
Answer & Explanation Answer: C) Excess Supply

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Q:

A hand made paper workshop can hire 8 craftsmen by paying them Rs 400 per person per day. The 9th craftsman demands Rs 450 per day. If this craftsman is hired then all other craftsmen must be paid Rs 450. The marginal resource (labour) cost of the 9th craftsman is

A) Rs 50 B) Rs 850
C) Rs 800 D) Rs 100
 
Answer & Explanation Answer: B) Rs 850

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Q:

Gustation refers to the sense of which of the following ?

A) Smell B) Hearing
C) Tactile D) Taste
 
Answer & Explanation Answer: D) Taste

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Q:

In which generation of computer was the mechanical language for programming used?

A) First B) Second
C) Third D) Fourth
 
Answer & Explanation Answer: A) First

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Q:

During which Five Year Planning was NABARD established?

A) 5th B) 6th
C) 3rd D) 9th
 
Answer & Explanation Answer: B) 6th

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Q:

The number of parliamentary seats (Rajya Sabha) of Tamil Nadu is

A) 12 B) 16
C) 18 D) 31
 
Answer & Explanation Answer: C) 18

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Q:

Researchers from Columbia University Medical Centre in United States of America have converted which of the following into the world’s smallest data recorder?

A) Natural bacterial immune system B) Magnetic tape
C) Viral snippet copies D) No option is correct.
 
Answer & Explanation Answer: A) Natural bacterial immune system

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Q:

The Articles of confederation represented the Americans' distrust of

A) a strong central government. B) any governing authority.
C) states rights. D) the British.
 
Answer & Explanation Answer: A) a strong central government.

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