Exams


Q:

The demand curve _____.

A) shows that as the price of a good increases, demand for the good will increase B) shows that as the price of a good increases, demand for the good will decrease
C) has a positive gradient D) indicates that there is a direct relationship between quantity demanded and price
 
Answer & Explanation Answer: B) shows that as the price of a good increases, demand for the good will decrease

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Filed Under: Indian Economy
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Q:

Calculate the accounting profits for a firm, if its economic profits for the year are Rs 60 crores, total implicit costs are Rs 18.5 crores and total explicit costs are Rs 35 crores

A) Rs 113.5 crores B) Rs 43.5 crores
C) Rs 76.5 crores D) Rs 78.5 crores
 
Answer & Explanation Answer: D) Rs 78.5 crores

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Q:

If quantity of good X demanded increases from 4000 units to 5000 units when price of good Y increases from Rs 75 to Rs 90, find Arc Cross elasticity of demand?

A) 0.55 B) 1.66
C) 0.25 D) 1.22
 
Answer & Explanation Answer: D) 1.22

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Q:

Green House Effect' means

A) Pollution in houses in tropical region B) Prevention of ultra­violet radiation by the ozone layer
C) Trapping of solar energy due to atmospheric gases D) Damage to green painted buildings
 
Answer & Explanation Answer: C) Trapping of solar energy due to atmospheric gases

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Filed Under: General Science
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Q:

What was the Gross Domestic Product (GDP) for India in 2016-17 Financial Year?

A) 6.10% B) 7.10%
C) 8.10% D) 6.70%
 
Answer & Explanation Answer: B) 7.10%

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Q:

Who is the only Indian economist to have won the Nobel prize?

A) Avinash Dixit B) Amit Mishra
C) Amartya Sen D) Abhijit Banerjee
 
Answer & Explanation Answer: C) Amartya Sen

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Q:

Who is the first Indian player to score a century in his debut One day International Cricket match? The said player achieved this feat in 2016.

A) Karun Nair B) Hardik Pandya
C) Jayant Yadav D) K.L. Rahul
 
Answer & Explanation Answer: D) K.L. Rahul

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Q:

A woman starts walking from her village to a town. She walks 4.5 km North, then turns West and walks 2 km, then turns South and walks 4.5 km, then turns to her right and walks 6 km. Where is she now with reference to her starting position?

 

A) 4 km West B) 8 km East
C) 4 km East D) 8 km West
 
Answer & Explanation Answer: D) 8 km West

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Filed Under: Direction Sense Test
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