Questions

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:

Calculate a country's GDP if for the year, consumer spending is $900 million, government spending is $250 million, investment by businesses is $180 million, exports are $85 million and imports are $100 million.

A) $1345 million B) $1315 million
C) $955 million D) $815 million
 
Answer & Explanation Answer: B) $1315 million

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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:

Article 39A of the Indian Constitution "Equal justice and free legal aid" deals with?

A) the State Government B) the directive principles of state policy
C) the Union Government D) the fundamental rights of the Indian Citizen
 
Answer & Explanation Answer: B) the directive principles of state policy

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Q:

If two coulomb of charge flows through any cross-section of a conductor in one second, what will be the current flowing through it?

A) 1 Ampere B) 1/2 Ampere
C) 1/4 Ampere D) 2 Amperes
 
Answer & Explanation Answer: D) 2 Amperes

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Q:

Who is the CEO of the Unique Identification Authority of India (UIDAI) as of February 2018?

A) Ajay Bhushan Pandey B) Anil Dhasmana
C) Nandan Nilekani D) Ajit Doval
 
Answer & Explanation Answer: A) Ajay Bhushan Pandey

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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:

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.

 

Our reputation and image is most definitely determined by our ______. Also our ______ tend to be habit forming, in that we have a ______ to act in a particular manner. Hence most people are ______ by their deeds and seem to have little control over their actions. We usually act according to or in response to our surroundings-our circumstances and the environment which to a great extent ______ our priorities and objectives.

 

Also our ______ tend to be habit.

 

A) actings B) avocations
C) bisections D) predispositions
 
Answer & Explanation Answer: D) predispositions

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