Questions

Q:

Involuntary muscles are controlled by the

A) Central nervous system B) Autonomic nervous system
C) Peripheral nervous system D) All the above
 
Answer & Explanation Answer: B) Autonomic nervous system

Explanation:

Involuntary muscles are the muscles which contract without conscious control whereas Voluntary muscles are the muscles that help you walk, talk, pick up things, jump and do all the basic or complex movements you do everyday with your consciousness.

* The contraction in the involuntary muscles is controlled by the autonomic nervous system. These are present in the walls of the digestive system, blood vessels, bronchi, uterus and bladder.

* Voluntary muscles are mostly located in the arms ,legs ,hands, and feet.

 

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Q:

For each perfectly competitive firm in the long run

A) price = marginal costs = average variable costs B) price = average profit
C) price = marginal costs = minimum average total costs D) price = minimum average variable costs
 
Answer & Explanation Answer: C) price = marginal costs = minimum average total costs

Explanation:
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Q:

In which of the following types of economy are the factors of production owned individually?

A) Capitalist B) Socialist
C) Mixed D) Both Capitalist and Socialist
 
Answer & Explanation Answer: A) Capitalist

Explanation:
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Q:

The study of individual markets of demand and supply in which the 'players', or the decision makers, were also individuals (buyers or sellers, even companies) who were seen as trying to maximize their profits (as producers or sellers) and their personal satisfaction or welfare levels (as consumers) is called?

A) Macroeconomics B) Econometrics
C) Microeconomics D) Heterodox Economics
 
Answer & Explanation Answer: C) Microeconomics

Explanation:
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Q:

First time which year the Railway Budget and the General Budget were presented separately?

A) 1923 B) 1947
C) 1952 D) 1977
 
Answer & Explanation Answer: A) 1923

Explanation:
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Q:

Macro economics deals with

A) the circular flow of income B) the decision making of a single economic variable like demand
C) resource allocation at firm level D) equilibrium prices and quantities
 
Answer & Explanation Answer: A) the circular flow of income

Explanation:
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Q:

Read each sentence to find out whether there is any error in any underlined part and indicate your response in the Answer Sheet against the corresponding letter i.e., (a) or (b) or (c). If you find no error, your response should be indicated as (d).

A) Tell him to take B) another photograph
C) of the group D) No error
 
Answer & Explanation Answer: A) Tell him to take

Explanation:

The error is in first part. ‘Tell’ should be replaced with ‘Ask’. Tell is a command whereas Ask is a request and hence more courteous in this case. As this is a request the sentence should start with ‘Ask’ rather than ‘tell’.

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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.


The scene will now shift to obtaining __________________ instruments of ratification to bring the agreement into force _________________ 2020, the first year of its________________ implementation. The agreement will enter into force with the ratification of ______________ 55 countries, whose aggregate greenhouse gas (GHG) emissions ________________ at least 55 per cent of global emissions.


bring the agreement into force _________________ 2020

A) on B) before
C) at D) previous
 
Answer & Explanation Answer: B) before

Explanation:
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