Q:

In which of the following case, law of demand fails?

A) Giffen goods	B) Normal goods
C) Inferior goods	D) Both Giffen and Inferior goods

Answer & Explanation Answer: A) Giffen goods

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Filed Under: Indian Economy

0 779

Q:

National Income refers to ___________

A) money value of goods and services produced in a country during a year	B) money value of stocks and shares of a country during a year
C) money value of capital goods produced by a country during a year	D) money value of consumer goods and services produced in a country during a year

Answer & Explanation Answer: A) money value of goods and services produced in a country during a year

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Filed Under: Indian Economy

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Q:

Which of the following Article of Indian Constitution deals with the Right to Equality before Law?

A) Article 13	B) Article 14
C) Article 15	D) Article 17

Answer & Explanation Answer: B) Article 14

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Filed Under: Indian Economy

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Q:

If hiring an extra worker increases a factory's output from 1000 to 1200 units per day, but the factory has to reduce the price of its product from Rs. 25 to Rs. 24 per unit to sell the additional output, the marginal revenue product of the last worker is

A) Rs. 3800	B) Rs. 200
C) Rs. 4000	D) Rs. 100

Answer & Explanation Answer: A) Rs. 3800

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The basis of determining dearness allowance to employees in India is ____________

A) National Income	B) Consumer Price Index
C) Standard of Living	D) Inflation Rate

Answer & Explanation Answer: B) Consumer Price Index

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The primary function of RNA is

A) Photosynthesis	B) Protein Synthesis
C) Replication	D) Translation

Answer & Explanation Answer: B) Protein Synthesis

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

Which type of pathogen causes the waterborne disease HepatitisA?

A) Parasitic	B) Viral
C) Protozoan	D) Bacterial

Answer & Explanation Answer: B) Viral

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

The color of human skin depends upon

A) melanin	B) carotenoids
C) anthocyanins	D) chlorophylls

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