Exams


Q:

A minimum wage _____.

A) is the price floor below which workers may not sell their labor B) is set at a price below the equilibrium wage
C) creates a price ceiling below which the wage cannot legally go D) decreases unemployment
 
Answer & Explanation Answer: A) is the price floor below which workers may not sell their labor

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Q:

Which of the following voted for Brexit in June 2016?

A) England and Scotland B) England and Wales
C) Scotland and Northern Ireland D) Wales and Northern Ireland
 
Answer & Explanation Answer: B) England and Wales

Explanation:

The decision by the electorate was to "Leave the European Union" which won by a majority of 1,269,501 votes (3.78%) over those who had voted in favour of "Remain a member of the European Union" with England and Wales voting to "Leave" whilst Scotland and Northern Ireland voted to "Remain".

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Q:

Who among the following was not a member of Boxing team of India at Rio Olympics?

A) Shiv Thapa B) Manoj Kumar
C) Vikas Krishan D) Avtar Singh
 
Answer & Explanation Answer: D) Avtar Singh

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Q:

Two trees are standing along the opposite sides of a road. Distance between the two trees is 400 metres. There is a point on the road between the trees. The angle of depressions of the point from the top of the trees are 45 deg and 60 deg. If the height of the tree which makes 45 deg angle is 200 metres, then what will be the height (in metres) of the other tree?

A) 200 B) 200√3
C) 100√3 D) 250
 
Answer & Explanation Answer: B) 200√3

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Q:

Which of the following has open vascular system?

A) Cockroach B) Human
C) Rat D) Birds
 
Answer & Explanation Answer: A) Cockroach

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Filed Under: Biology
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Q:

The major objective of monetary policy is to

A) increase government's tax revenue B) revamp the Public Distribution System
C) Promote economic growth with price stability D) weed out corruption in the economy
 
Answer & Explanation Answer: C) Promote economic growth with price stability

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Q:

Who took charge as the new Comptroller and Auditor General (CAG) of India in 2017?

A) Achal Kumar Jyothi B) Ranjit Kumar
C) Vivek Goenka D) Rajiv Mehrishi
 
Answer & Explanation Answer: D) Rajiv Mehrishi

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Q:

In general, elasticity is a measure of

A) how firms' profits respond to changes in market prices.  B) the extent to which advances in technology are adopted by producers.
C) how much buyers and sellers respond to changes in market conditions. D) the extent to which a market is competitive. 
 
Answer & Explanation Answer: C) how much buyers and sellers respond to changes in market conditions.

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