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Q:

What is the name of the disappearing tweets launched by Twitter?

A) Fleets B) Twitties
C) Heights D) Flocks
 
Answer & Explanation Answer: A) Fleets

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Q:

Which is the largest continent in the world?

A) Africa B) North America
C) South America D) Asia
 
Answer & Explanation Answer: D) Asia

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Q:

Which is the only organ in the human boddy that can regrow/regenerate?

A) Pancreas B) Spleen
C) Brain D) Liver
 
Answer & Explanation Answer: D) Liver

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Filed Under: Biology
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Q:

In the following items, each passage consists of six sentences. The first and the sixth sentence are given in the beginning as S1 and S6. The middle four sentences in each have been removed and jumbled up. These are labeled P, Q, R and S. You are required to find out the proper sequence of the four sentences and mark your response accordingly on the Answer Sheet.

S1 :A single device can heat fluids without requiring an electrical element.
S6:Because there is no electrical element, there is no risk of fire, so the system is suitable for dangerous environments.
P:A heat exchanger transfers heat from the central cavity to an air heater, a water heater or an industrial processor.
Q:It has a container like the crank case of a car’s engine, which contains the fluid to be heated.
R:Compression and friction at the nozzles heat the fluid so that the temperature in the central cavity rises steadily.
S:A motor and pulley insidethe container turn a rotor wheel, which in turn forces the fluid again and again through narrow nozzles into a central cavity.

The proper sequence should be 

A) R P S Q B) S P Q R
C) Q S R P D) S R P Q
 
Answer & Explanation Answer: C) Q S R P

Explanation:

The starting statement is talking about a device which can heat fluid without electrical element. The continuing statement would be talking about the shape of the device i.e. the container which contains the fluid. Thus, Q will be the connecting statement. So, Q being the first statement eliminates all other options. Thus, the correct sequence is QSRP.

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Q:

Which of the following is done at a Stock Exchange ?

A) Commodities are bought and sold at wholesale price B) Commodities are bought and sold at retail price
C) Securities are bought and sold D) None of these
 
Answer & Explanation Answer: C) Securities are bought and sold

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Q:

The ________ curve represents the demand of all consumers in the market taken together at different levels of the price of the good.

A) monotonic B) indifferent
C) market demand D) diminishing
 
Answer & Explanation Answer: C) market demand

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Q:

Insure payment of minimum wages for tea leave pickers

A) will improve quality of tea. B) will reduce unemployment of tea leave pickers.
C) decreases unemployment. D) will increase picking cost for all tea companies.
 
Answer & Explanation Answer: D) will increase picking cost for all tea companies.

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Q:

Which one of the following is not an assumption in the law of demand?

A) There are no changes in the taste and preferences of consumers B) Income of consumers remains constant
C) Consumers are affected by demonstration effect D) There are no changes in the price of substitute goods.
 
Answer & Explanation Answer: C) Consumers are affected by demonstration effect

Explanation:

There are certain assumptions underlying the law of demand, which are as follows:

i. Assumes that the consumer’s income remains same

ii. Assumes that the preferences of consumer remain same.

iii. Considers that the fashion does not show any changes, because if fashion changes, then people would not purchase the products that are out of fashion.

iv. Assumes that there would be no change in the age structure, size, and sex ratio of population. This is because if population size increases, then the number of buyers increases, which, in turn, affect the demand for a product directly.

v. Restricts the innovation and new varieties of products in the market, which can affect the demand for the existing product.

vi. Restricts changes in the distribution of income.

vii. Avoids any type of change fiscal policies of the government of a nation, which reduces the effect of taxation on the demand of product.

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