Questions

Q:

The change in the optimal quantity of a good when its price changes and the consumer’s income is adjusted so that she can just buy the bundle that she was buying before the price change is called?

A) Law of demand B) Substitution effect
C) Problem of choice D) Optimal choice
 
Answer & Explanation Answer: B) Substitution effect

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Q:

Kolleru Lake, located in the southern state of Andhra Pradesh, is located at the delta of two rivers. Which are the rivers?

A) Krishna and Cauvery B) Tungabhadra and Chitravathi
C) Godavari and Mahanadi D) Godavari and Krishna
 
Answer & Explanation Answer: D) Godavari and Krishna

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Q:

Where is Nargu Wildlife Sanctuary?

A) Tamil Nadu B) Himachal Pradesh
C) Karnataka D) Uttar Pradesh
 
Answer & Explanation Answer: B) Himachal Pradesh

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Q:

The disease Beri Beri is caused due to the deficiency of which of the following?

A) Vitamin B2 B) Vitamin B1
C) Vitamin B12 D) Vitamin E
 
Answer & Explanation Answer: B) Vitamin B1

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Q:

If price of an article decreases from Rs. 25 to Rs. 20, quantity demanded increases from Q1 units to 1500 units. If point elasticity of demand is -1.25, find Q1?

A) 900 units B) 1200 units
C) 1800 units D) 2000 units
 
Answer & Explanation Answer: B) 1200 units

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Q:

What was the debt-to-GDP ratio for the Financial Year 2016-17?

A) 60.40% B) 49.40%
C) 50.40% D) 55.40%
 
Answer & Explanation Answer: B) 49.40%

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Q:

Which of the following allotropes of Carbon is used as a reducing agent in metallurgy?

A) Carbon Black B) Graphite
C) Charcoal D) Coke
 
Answer & Explanation Answer: D) Coke

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Q:

In the following question, out of the given four alternatives, select the one which is opposite in meaning of the given word.


Cozen

 

A) Cheat B) Catch
C) Burn   D) Honest
 
Answer & Explanation Answer: D) Honest

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